Deccan Gold Mines that the company has allotted 30,000 fully paid equity shares of Rs 1 each on conversion of employee stock options under Deccan Gold Mines Employee Stock Option Plan, 2008.
Consequent to the above allotment, the paid-up equity share capital of the company has increased from Rs 59,188,250 consisting of 59,188,250 equity shares of Rs 1 each to Rs 59,218,250 consisting of 59,218,250 equity shares of Rs 1 each.
Shares of the company gained Rs 0.55, or 2.29%, to trade at Rs 24.55. The total volume of shares traded was 345,497 at the BSE (3.13 p.m., Friday).