Wednesday, November 5, 2008

Deccan Gold - Outcome Of Board Meeting - Nov 05, 2008

Deccan Gold Mines Ltd has informed that the Board of Directors of the Company at its meeting held on October 31, 2008, inter alia, has approved the following:
1. The introduction of an Employee Stock Option Plan (ESOP) for issue of a maximum 3 million stock options subject to applicable statutory / regulatory requirement and authorized the Management to take necessary steps in this regard.
2. Notice convening Annual General Meeting.

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