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PDS LIMITED Capital/Financing Update 2021

Jul 1, 2021

60265_rns_2021-07-01_e28434ce-d90a-4600-ac1b-c224c5b28de3.pdf

Capital/Financing Update

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PDS Multinational Fashions Limited

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PDS/SE/2021-22/17 July 1, 2021 Listing Department Corporate Relationship Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai -400 051 Mumbai- 400001 Scrip Symbol: PDSMFL Scrip Code: 538730

Re: INE111Q01013

Sub: Extension of Indicative Time Period for Acquisition of 100% equity stake in PG Capital FZE, a Company incorporated under the laws of Dubai, United Arab Emirates by a step-down subsidiary of the Company, PDS Multinational FZCO, a Company incorporated under the laws of Dubai, United Arab Emirates

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, vide our letter dated May 27, 2021, we had earlier informed about the acquisition of 100% equity stake in PG Capital FZE, a Company incorporated under the laws of Dubai, United Arab Emirates by our step-down subsidiary, PDS Multinational FZCO, a Company incorporated under the laws of Dubai, United Arab Emirates with indicative time period for completion of the said acquisition on or before June 30, 2021.

We now wish to inform you that, as mutually agreed between both the parties, the indicative time period for completion of the aforesaid acquisition has been extended to August 31, 2021. All other terms and conditions remain unchanged.

This is for your information and records.

Thanking you,

Yours faithfully,

for PDS Multinational Fashions Limited - �J Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530

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Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: [email protected]; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000 CIN: L18101KA2011PLC094125