PDS LIMITED — Capital/Financing Update 2025

Mar 21, 2025

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PDS/SE/2024-25/120 March 21, 2025

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

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 - Issuance of Corporate Guarantee

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we would like to inform that the Company has issued a Corporate Guarantee to the ICICI Bank (“ Bank ”) for an amount of ~ INR 200 Mn (equivalent to USD 2.32 Mn) as a security for the Working Capital Limits sanctioned by the Bank to DBS Lifestyle India Private Limited, Subsidiary of the Company.

The required disclosure, as per Schedule III of the SEBI Listing Regulations, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI/HO/CFD/CFD-PoD2/P/CIR/2025/25 dated February 25, 2025, is enclosed herewith as Annexure-1.

Thanking you,

Yours faithfully, for PDS Limited

ABHISHEK Digitally signed by ABHISHEKH KANOI H KANOI Date: 2025.03.21 20:24:12 +05'30'

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

Encl.: As above

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Annexure-1

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Issuance of Corporate Guarantee to ICICI (“Lender”)

Sl. No.		Particulars	Description Issuance of Corporate Guarantee
1.		Name of the party for which such guarantees or indemnity or surety was given	DBS Lifestyle India Private Limited. (“Subsidiary”)
2.		Whether the promoter/ promoter group/ group companies have any interest in this transaction? If yes, the nature of interest and details thereof and whether the same is done at “arm’s length”	The promoter/promoter group are not interested in this transaction. The corporate guarantee will be extended on an arm’s length basis, in compliance with the applicable provisions of the Companies Act, 2013, the SEBI Listing Regulations and other applicable laws.
3.		Brief details of such guarantee~~or~~ ~~indemnity or becoming a surety v~~iz. brief details of agreement entered (if any) including significant terms and conditions, including the amount of guarantee.	Corporate guarantee of ~INR 200 Mn (equivalent to USD 2.32 Mn), to be issued in the favour of ICICI Bank for the working capital limits to be availed by the Subsidiary of the Company, subject to regulatory compliances as per the applicable laws.
4.		Impact of such guarantees or indemnity or surety on a listed entity	The corporate guarantee provided represents a contingent liability for the Company. The financials of the Subsidiary Company, as mentioned above, are consolidated with the Company's financials. As a result, the issuance of the corporate guarantee does not materially affect the Company. Any impact will only occur to the extent of the guaranteed amount if it is invoked.

for PDS Limited

ABHISHEK Digitally signed by ABHISHEKH KANOI H KANOI Date: 2025.03.21 20:24:39 +05'30' Abhishekh Kanoi Head of Legal & Company Secretary ICSI Membership No.: F-9530

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