PDS LIMITED — Capital/Financing Update 2021

Aug 27, 2021

PDS Multinational Fashions Limited

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PDS/SE/2021-22/46

August 27, 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 Acquisitions

Dear Sir/Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, vide our letters dated May 27, 2021 and July 1, 2021, we had earlier intimated that:

• a. the acquisition of 50% Equity Stake in Yellow Octopus Fashion Limited, a Company incorporated under the laws of England by the Company’s step-down subsidiary, PDS Multinational FZCO, a Company incorporated under the laws of Dubai, United Arab Emirates will be consummated on or before August 31, 2021.

• b. the acquisition of 100% Equity Stake in PG Capital FZE, a Company incorporated under the laws of Dubai, United Arab Emirates by the Company’s step-down subsidiary, PDS Multinational FZCO, a Company incorporated under the laws of Dubai, United Arab Emirates will be consummated on or before August 31, 2021.

We now wish to inform you that, as mutually agreed between the above said parties, the indicative time period for completion of the aforesaid acquisitions has been extended to October 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

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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: info@pdsmultinational.com; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000; +91 22 41441100 CIN: L18101KA2011PLC094125