At its meeting held on January 16. 2018 the Nomination and Remuneration Committee of Deccan Gold Mines Limited has unanimously recommended the induction of Mr. Kaushik Mukheijee to the Board of the company. This recommendation was pursuant to discussions held with Mr. Mukheijee who has given his consent to join the Board of the company. The induction of Mr. Kaushik Mukheijee as a Non-executive Director of the company will be formalized by the Board at its next meeting scheduled during February, 2018.