PDS LIMITED — Capital/Financing Update 2022

May 16, 2022

PDSL/SE/2022‐23/128

May 16, 2022

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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 ‐ INE111Q01013

• Sub: Intimation in compliance under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

Pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that a Meeting of the Board of Directors of the Company is scheduled to be held on Wednesday, June 1, 2022, inter alia, to consider and approve sub‐division/Split of Equity Shares of the Company, subject to approval by the shareholders of the Company and other necessary approvals, if any. Kindly note that the Capital Clause of the Memorandum of Association of the Company will also be amended accordingly, subject to approval of the shareholders and other necessary approvals, to give effect the said change.

Further to our Letter No. PDSL/SE/2022‐23/121 dated May 9, 2022 and in accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 and Company's Code of Internal Procedures and Conduct For Regulating, Monitoring and Reporting of Trading by Insiders Including Designated Persons [“Company’s Code of Conduct”], the "Trading Window" for dealing in the Company's Securities shall remain closed till June 3, 2022.

The same is being informed to the designated persons in accordance with the Company’s Code of Conduct.

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

Thanking you,

Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited) - �J Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F‐9530

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