Deccan Gold Mines Limited disclosed that its subsidiary, Avelum Partner LLC, Kyrgyz Republic, has entered into an agreement with OJSC Kyrgyzaltyn, the state-owned gold refining enterprise of the Kyrgyz Republic. The agreement covers the refining and sale of gold-bearing doré produced from the Altyn Tor Gold Project.
As part of the agreement implementation, Avelum Partner LLC has dispatched the first consignment consisting of a 1.2 kg doré bar to OJSC Kyrgyzaltyn. This initial shipment is intended to establish and validate the operational, refining, and settlement procedures contemplated under the agreement.
The company states that this milestone represents a significant step towards the commercialization of the Altyn Tor Gold Project and reinforces the company's progress in advancing its operations in the Kyrgyz Republic.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Subramaniam Sundaram, Company Secretary & Compliance Officer (Membership No.: A12110) on November 8, 2026.