PDS LIMITED — Capital/Financing Update 2025

Jan 21, 2025

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PDS/SE/2024-25/102

January 21, 2025

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 of under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Re: ISIN - INE111Q01021

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 [‘SEBI Listing Regulations’], we wish to inform you that, PDS Multinational FZCO, the Company’s wholly owned step down subsidiary in United Arab Emirates (UAE), has incorporated a new subsidiary in UAE by the name of Simple Approach Trading FZCO w.e.f. January 20, 2025.

The required disclosure, as per Schedule III of the SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is provided in Annexure I.

We request you to kindly take the above information on record and disseminate it to the shareholders of the Company.

Thanking you,

Yours faithfully, for PDS Limited

ABHISHEKH KANOI

Digitally signed by ABHISHEKH KANOI Date: 2025.01.21 14:11:56 +05'30'

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

Encl.: a/a

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Annexure I

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DISCLOSURES PURSUANT TO SEBI CIRCULAR NO. SEBI/HO/CFD/PoD2/CIR/P/0155 DATED NOVEMBER 11, 2024

Sl.No.	Particulars in respect of the Event	Details/Information of the Event
1	Name of the target entity, details in briefsuch as size, turnover etc.	PDS Multinational FZCO, a wholly owned step-downsubsidiary of the Company in UAE, has incorporated anew subsidiary in the UAE called “Simple ApproachTrading FZCO”.Size: Issued Share Capital: INR 23,55,903 [AED 100,000(USD 27,247.95)]Turnover: NILPAT: NILNetworth: NIL
2	Whether the acquisition would fall withinrelated party transaction(s) and whetherthe promoter/ promoter group/ groupcompanies have any interest in the entitybeing acquired? If yes, nature of interestand details thereof and whether the same isdone at “arm’s length”	Simple Approach Trading FZCO is a newly formedsubsidiary of PDS Multinational FZCO and is therefore,considered a related party.
3	Industry to which the entity being acquiredbelongs.	Supply, distribution and marketing of apparels andconsumer goods.
4	Objects and effects of acquisition.(including but not limited to, disclosure ofreasons for acquisition of target entity, if itsbusiness is outside the main line of businessof the listed entity)	The primary goal of incorporating the new subsidiary isto broaden the business by focusing on the supply,distribution, and marketing of apparel and consumergoods.
5	Brief details of any governmental orregulatory approvals required for theacquisition.	No governmental or regulatory approval required.
6	Indicative time period for completion of theacquisition.	Not Applicable
7	Nature of Consideration	PDS Multinational FZCO has acquired 75% equity sharesof Simple Approach Trading FZCO for a totalconsideration of INR 17,66,927.25(AED 75,000)

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8	Cost of acquisition or the price at which the	Cost of acquisition or the price at which the	Total cost of equity stake is INR 17,66,927.25 (AED
	shares are acquired.		75,000) by PDS Multinational FZCO.
9	Percentageofshareholding/	control	PDS Multinational FZCO has acquired 75% equity shares
	acquiredand/ornumberof	shares	of Simple Approach Trading FZCO
	acquired.
10	Brief background about the entity	acquired	Simple Approach Trading FZCO is an entity incorporated
	in terms of products/line of	business	under the laws of UAE on January 20, 2025, having its
	acquired, date of incorporation, history of		registered office at 6EA G09-SD38, Ground Floor, 6 East
	last 3 years turnover, country in which the		A, Dubai Airport Freezone. The entity is engaged in the
	acquired entity has presence and any other		business of supply, distribution and marketing of
	significant information.		apparels and consumer goods.
			Disclosure of turnover for last 3 (three) years: Not
			Applicable
			Countries of Incorporation: UAE

*Exchange rate: 1 AED = INR 23.56

for PDS Limited

Digitally signed by ABHISHEKH ABHISHEKH KANOI KANOI Date: 2025.01.21 14:12:38 +05'30'

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

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