Diversification/Disinvestment

PDS/SE/2026-27/37 July 10, 2026 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 - INE111Q01021 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 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, the Company’s step-down subsidiary, Nor Lanka Manufacturing Limited, Hong Kong has divested its entire 26% equity stake in Nobleswear (Private) Limited, Sri Lanka (“Nobleswear”), a step-down associate of the Company effective June 5, 2026, and the same was informed to the Company today i.e., on July 10, 2026. Accordingly, Nobleswear has ceased to be a step-down associate of the Company. The required disclosure, as per Schedule III of the SEBI Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith as Annexure I. We request you to kindly take the above information on record. Thanking you, Yours faithfully, for PDS Limited Abhishekh Kanoi Group General Counsel & Company Secretary ICSI Membership No.: F-9530 Encl.: As above Annexure I Entity ceases to be an Associate Company Sr. no Particulars Details 1 Name of the entity Nobleswear (Private) Limited, Sri Lanka whose stakes are being sold 2 Shares held by Nor Lanka Manufacturing Limited, Hong Kong 3 The amount and Turnover: Not Applicable percentage of the Percentage of Consolidated Turnover: Not Applicable turnover or revenue or income and net worth Net worth: ₹ 635.22 Lakhs contributed by such Percentage of Consolidated Net worth: 0.36% unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year 4 Date on which the June 5, 2026 agreement for sale has been entered into 5 The expected date of July 10, 2026 (Transaction effective June 5, 2026. However, the completion of Company received the information today i.e., July 10, 2026) sale/disposal 6 Consideration received ~₹95.31 {USD 1} from such sale/disposal 7 Brief details of buyers Name: Nobles (Private) Limited and whether any of the Company Number: PV 2617 buyers belong to the Address: Godaparagahawatta, Pokunuwita, Horana, Sri Lanka promoter/ promoter group/group Transferee is not a member of the Promoter and/or Promoter companies. If yes, Group of the Company details thereof 8 Whether the No transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length” 9 Whether the sale, N o lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same include compliance with regulation 37A of SEBI LODR Regulations 10 Additionally, in case Not Applicable of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale for PDS Limited Abhishekh Kanoi Group General Counsel & Company Secretary ICSI Membership No.: F-9530