Deccan Gold Mines Ltd. — Board/Management Information 2021

Apr 30, 2021

DECCAN MINES LIMITED GOLD

(CIN : L51900MH1984PLC034662 )

Corporate & Correspondence Address

No. 5, 19th Main Road, 4th Sector HSR Layout, Bengaluru-560102 Tel : +91 80 67155700 Fax : +91 80 67155701 Email: info@deccangoldmines.com Web : www.deccangoldmines.com

April 30, 2021

Corporate Relationship Department Bombay Stock Exchange Limited, P.J. Towers, Dalal Street, Mumbai 400001

(BSE Scrip Code : 512068)

Dear Sirs

Sub: Proceedings of meeting of Board of Directors held on April 30, 2021 — disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements Regulations, 2015 (""SEBI LODR")

With reference to the captioned subject and pursuant to Regulation 30 read with Schedule Ill of the SEBI LODR, we write to intimate that the Board of Directors of the Company, at their meeting held today, have re-appointed Mr Sandeep Lakhwara (DIN: 01049978) as Managing Director of the Company from May 1, 2021 to September 30, 2021 to which Mr Sandeep Lakhwara has consented. This re-appointment is subject to the approval of shareholders of the Company. It may be noted that a Succession Plan in this regard is being worked out and details would be made available once the same is finalised.

The Board Meeting commenced at 12 Noon and broke for lunch at 1.30 p.m. Post lunch, the meeting commenced at 2.30 p.m. and ended at 3.30 p.m and was held through Video Conferencing (VC).

This is for your information and records.

Yours truly

{i a d ayn Qn arr \ £9

Subramaniam S Company Secretary & Compliance Officer ACS No 12110

DISCLOSURE UNDER PART A OF SCHEDULE IIT OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

		DECCAN GOLD MINES LIMITED ( CIN : L51900MH1984PLC034662 ) Corporate & Correspondence Address No. 5, 19th Main Road, 4th Sector HSR Layout, Bengaluru-560102 Tel : +91 80 67155700 Fax : +91 80 67155701 Email : info@deccangoldmines.com Web : www.deccangoldmines.com
	DISCLOSURE UNDER EXCHANGE BOARD OF INDIA REQUIREMENTS) REGULATIONS, 2015	SCHEDULE SECURITIES PART OF OF A IIT (LISTING OBLIGATIONS AND DISCLOSURE	AND
	Name of the Director	Mr. Sandeep Lakhwara (Managing Director)
		Reason for re-appointment Expiry of present tenure on April 30, 2021
	Date of re-appointment	May 1, 2021
	Term of re-appointment	May 1, 2021 to September 30, 2021
	Brief Profile and nature of Sandeep expertise in specific functional areas	experience over years' has 20 the in exploration and mining sector. Educated at Curtin University in Western Australia and a member of Australian Society Practising Certified the of Accountants Sandeep (CPAs), been has a principal and partner of several Australian based accounting practices specializing capital in mergers mineral and raisings industry, the for acquisition and corporate regulatory requirements for publicly listed companies.
		He was appointed on the Board of our Company 2002 primarily and July since then in is_ responsible for the development of Deccan Gold made Mines Sandeep Limited. various has presentations on factors influencing gold pricing, the operation and business model of international companies, mineral exploration and regularly is upon contribute gold called articles on the to mining industry to electronic and print media.
	Relationship with other	Mr. Sandeep Lakhwara is not related to any other	(ot ") oO, ~\ [2 } = }