PDS LIMITED — Capital/Financing Update 2022

Oct 28, 2022

October 28, 2022

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PDS/SE/2022‐23/174

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: PDSL Scrip Code: 538730

Re: ISIN ‐ INE111Q01021

• Sub: Intimation regarding completion of transaction as regard to the acquisition of 51% stake in DBS Lifestyle India Private Limited (Erstwhile Pangram Brands Private Limited)

Ref: Intimation Letter dated October 14, 2022

Dear Sir/Madam,

With reference to the captioned subject and in furtherance to our previous intimation vide Letter dated October 14, 2022, this is to inform you that the Company has completed the transaction as regard to the acquisition of 51% stake in DBS Lifestyle India Private Limited (Erstwhile Pangram Brands Private Limited) , a private limited company incorporated under the provisions of laws of India on October 27, 2022.

We request you to kindly take the above information on record for the purpose of dissemination to the shareholders.

Thanking you,

Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited)

ABHISHEK Digitally signed by ABHISHEKH KANOI H KANOI Date: 2022.10.28 10:47:12 +05'30'

Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F‐9530

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