PDS LIMITED — Capital/Financing Update 2021

Jul 28, 2021

PDS Multinational Fashions Limited

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PDS/SE/2021-22/29 July 28, 2021

Listing DepartmentNational Stock Exchange of India LimitedExchange Plaza, C-1 Block G,Bandra Kurla Complex, Bandra (E),Mumbai -400 051ScripSymbol: PDSMFL	Corporate Relationship DepartmentBSE LimitedPhiroze Jeejeebhoy Towers,Dalal Street,Mumbai- 400001ScripCode: 538730

Re: ISIN - INE111Q01013

• Sub: Intimation regarding completion of transaction as regard to the acquisition of 100% Equity Stake in PDS Brands Private Limited

• Ref: Intimation Letter dated May 27, 2021 titled “Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/Madam,

With reference to the captioned subject and in furtherance to our previous intimation vide Letter dated May 27, 2021, this is to inform you that the Company has completed the transaction as regard to the acquisition of 100% Equity Stake in PDS Brands Private Limited, i.e. 10,000 Equity Shares at the Face Value of Rs.10/- (Rupees Ten) each on July 28, 2021.

The information required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September, 2015 is enclosed herewith as Annexure I for your kind reference.

You are requested to kindly take the same on records.

Thanking you,

Yours faithfully, for PDS Multinational Fashions Limited

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

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Encl: As above

Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: info@pdsmultinational.com; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000 CIN: L18101KA2011PLC094125

PDS Multinational Fashions Limited

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Disclosures pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated 9[th] September, 2015 Annexure I

Disclosure for the acquisition of 100% Equity Shares of PDS Brands Private Limited

Disclosure for the acquisition of 100% Equity Shares of PDS Brands Private Limited	Disclosure for the acquisition of 100% Equity Shares of PDS Brands Private Limited	Disclosure for the acquisition of 100% Equity Shares of PDS Brands Private Limited
Sl.No.Particulars in respect of the EventDetails/Information of the Event1Name of the target entity, details inbrief such as size, turnover etc.PDS Brands Private LimitedSize: Issued and Paid-up Capital of Rs.1 Lakh
Sl.No.	Particulars in respect of the Event	Details/Information of the Event
1	Name of the target entity, details inbrief such as size, turnover etc.	PDS Brands Private LimitedSize: Issued and Paid-up Capital of Rs.1 Lakh
		Turnover: Nil
2	Whether the acquisition would fallwithin related party transaction(s)andwhetherthepromoter/promoter group/ group companieshave any interest in the entity beingacquired? If yes, nature of interestand details thereof and whether thesame is done at “arm’s length”	No
3	Industry to which the entity beingacquired belongs.	Apparel Industry
4	Objects and effects of acquisition.(includingbutnotlimitedto,disclosure of reasons for acquisitionof target entity, if its business isoutside the main line of business ofthe listed entity)	Expand & create an opportunity in the Indianfashion & apparel business including but notlimited to kids wear, inner wear and othercategories of lifestyle.
5	Brief details of any governmental orregulatory approvals required for theacquisition.	No governmental or regulatory approvalrequired.
6	Indicative time period for completionof the acquisition.	Acquisition has completed on July 28, 2021
7	Nature of Consideration	Cash Consideration
8	Cost of acquisition or the price atwhich the shares are acquired.	At a Face Value, i.e. Rs.10/- each
9	Percentage of shareholding / controlacquired and / or number of sharesacquired.	100% shareholding consisting of 10,000Equity Shares of Rs.10/- each

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Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: info@pdsmultinational.com; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000 CIN: L18101KA2011PLC094125

PDS Multinational Fashions Limited

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10 Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information.

The Company has been incorporated under the Indian Companies Act, 2013 and is engaged in the business of manufacturers, traders, agents, wholesalers, retailers, ecommerce business in dealing all kinds of readymade garments.

The Company has been incorporated in India on April 23, 2021, hence, disclosure of turnover for last 3 (three) years is not applicable.

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Regd. Off: No. 758 & 759, 2[nd] Floor, 19[th] Main, Sector -2, HSR Layout, Bengaluru – 560 102, Karnataka, (India) Corp. Office: Unit No.971, Solitaire Corporate Park, Andheri – Ghatkopar Link Road, Andheri (East), Mumbai – 400093, Maharashtra (India) Email: info@pdsmultinational.com; Website: www.pdsmultinational.com; Telephone No.: +91 80 67653000 CIN: L18101KA2011PLC094125