PDS LIMITED — Capital/Financing Update 2023

May 10, 2023

May 10, 2023

==> picture [562 x 77] intentionally omitted <==

PDS/SE/2023-24/235

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

• Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, w.r.t. Grant of Stock Options under PDS Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Limited – Employee Stock Option Plan 2021 – Plan B and/or PDS Limited - Phantom Stock Units Plan 2021.

Re: ISIN - INE111Q01021

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, We wish to inform that the following grant has been approved in terms of PDS Limited – Employee Stock Option Plan 2021 – Plan A and/or PDS Limited – Employee Stock Option Plan 2021 – Plan B and/or PDS Limited - Phantom Stock Units Plan 2021.

The brief general terms and conditions of the said Grant are as under:

Sl.	No.	Particulars	Details
	1	Number of Stock OptionsGranted	35,000 Stock Options/Units to the Eligible Employee(s)
	2	Whether the scheme is intermsofSEBI(SBEB)Regulations,2014	Yes
	3	TotalnumberofSharescovered by these options	10,000 (Ten Thousand) Equity Shares of Face Value of ₹ 2/-(Rupees Two) each and 25,000 (Twenty-Five Thousand) StockUnits are cash settled.
	4	Exercise Price	₹ 300/-per Stock Options/Units
	5	VestingPeriod	Within 4(Four)Years from the date of Grant[in tranches]
	6	Exercise period	4 (Four) years from the date of Vesting of the Stock Options/Units

We request you to kindly take the above information on record.

Thanking you,

Yours faithfully, for PDS Limited (Erstwhile PDS Multinational Fashions Limited) ABHISHEKH Digitally signed by ABHISHEKH KANOI KANOI Date: 2023.05.10 19:50:46 +05'30' Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530

==> picture [559 x 65] intentionally omitted <==