Deccan Gold Mines Ltd approves issue and allotment of 653650 Equity Shares

On April 04, 2016, Deccan Gold Mines Ltd has issued and allotted 653,650 fully paid equity shares of Re. 1/- each on conversion of employee stock options under Deccan Gold Mines Limited Employee Stock Option Scheme, 2014.

Consequent to the above allotment, the paid-up equity share capital of the Company has increased from 89,227,375 equity shares of Re. 1/- each to 89,881,025 equity shares of Re. 1/-each.

Shares of DECCAN GOLD MINES LTD. was last trading in BSE at Rs.40.2 as compared to the previous close of Rs. 33.65. The total number of shares traded during the day was 1308122 in over 4193 trades.

The stock hit an intraday high of Rs. 40.35 and intraday low of 33.65. The net turnover during the day was Rs. 50345520.

Source : Equity Bulls

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