NSEGeneral Updates21h ago · 21 Sept 2026, 06:52 pm

General Updates

PDS Limited · PDSL

✦ AI SummaryDivestiture

PDS Limited has completed the transfer of its remaining 49% stake in DBS Lifestyle, ceasing DBS Lifestyle, Suri Overseas Private Limited, and Pangram Brands Global Private Limited as associate companies.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk8/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

PDS Limited has informed the Exchange about Update on Disinvestment

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PDSL_21092026185247_Ltr_DivestDBS_21092026.pdf

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PDS/SE/2026-27/63 September 21, 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- 400 001 Scrip Symbol: PDSL Scrip Code: 538730 Re: ISIN - INE111Q01021 Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Update on Disinvestment. Dear Sir/ Madam, In continuation of Company’s earlier intimation dated August 20, 2026, vide letter no. PDS/SE/2026- 27/60, regarding the execution of a Share Purchase Agreement (“SPA”) with Mr. Bhawnish Suri, Mrs. Divya Suri and DBS Lifestyle India Private Limited (“DBS Lifestyle”) for the sale of the remaining 49% stake held by the Company in DBS Lifestyle, this is to inform you that the Company has, effective today i.e., September 21, 2026, completed the transfer of the said stake in DBS Lifestyle. Consequent to the aforesaid transaction, DBS Lifestyle, Suri Overseas Private Limited and Pangram Brands Global Private Limited have ceased to be associate companies of the Company with effect from September 21, 2026. 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.: FCS 9530