(i) Hutti Gold Mines Company Limited (HGML), Government of Karnataka Undertaking (Established in 1947 as Hyderabad Gold Mines), has the unique distinction of being the only producer of primary gold in the country.
(ii) HGML has been active in the Exploration, Development, and Exploitation of gold deposits occurring in Karnataka.
(iii) The Company’s Corporate Office is situated in Bangalore and it operates two units-The Hutti Gold unit (HGU), in Raichur district, and the Chitradurga Gold Unit (CGU) in Chitradurga district with an operating mine at Ajjanahalli (Tumkur District).HGU is a fully integrated unit with a capacity to produce 5,50,000 tonnes per annum.
(iv) The HGML currently processes ore from Hutti Gold Mine and two satellite mines at Uti (opencast) and Hira-Buddinni (Exploratory underground mine). Major expansion including the extended capacity of the metallurgical plant in a phased manner is also under consideration. However, CGU’s operations for gold mining and processing ore temporarily suspended and the company has diversified into wind form projects and as established 11.2MW in its leased premises.
|Total Available Shares:||10|
|Face Value:||₹ 100 Per Equity Share|
|Lot Size:||10-20 Shares|
|Current Unlisted Share Price:||₹ 75000 Per Equity Share|
|Name of the Shareholder||Number of Shares||% of Equity|
|Govt. of Karnataka||2,20,186||74.34|
|Mysore Minerals Ltd||15000||5.06|
|Year||CA||CL||Current Ratio||Receivable Days||CFO||Capital Exp.||FCF|