Deccan Gold Mines Debt Repayment Analyzed

Deccan Gold Mines, a significant player in the Indian metals industry, has completed a major financial step. They successfully finished a rights issue raising Rs 314.70 crore on December 26th, 2025. This money was then used to completely pay off all debts they owed to several banks and lenders.

Key Points

• Deccan Gold repaid debts totaling Rs 314.70 crore.
• Ardent Steels received Rs 75 crore in repayment.
• Godawari Power & Ispat got Rs 120 crore repaid.
• Hira Ferro Alloys received Rs 8 crore repayment.
• Interest payments up to January 2nd, 2026, were cleared.
• This action strengthens Deccan Gold’s financial position.

Loan Breakdown

The repayment was carefully structured across several key lenders. Ardent Steels received a repayment of Rs 75 crore. Godawari Power & Ispat received a larger sum of Rs 120 crore. Hira Ferro Alloys received a smaller payment of Rs 8 crore. These payments covered the principal amounts of the loans and all the interest that was owed up to January 2nd, 2026, as confirmed by the lenders involved.

Confirmation of Payments

Importantly, the lenders confirmed that all interest payments were settled as agreed. This demonstrates a clear and completed transaction. The successful completion of this debt repayment is a positive development for the company’s future stability and growth prospects.

Deccan Gold Mines’ debt repayment demonstrates responsible financial management and strategic execution.