Acquisition

PDS/SE/2026-27/64 September 22, 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 of 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 hereby notify that Design COE Limited, a step-down subsidiary of the Company in Hong Kong has today, i.e., September 22, 2026, notified the Company's officer about the incorporation of a new entity in Ontario, Canada named ‘Design COE Canada Inc.”, effective September 21, 2026, as a wholly owned subsidiary of Design COE Limited. The requisite disclosure, as prescribed under Schedule III to 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 DISCLOSURES PURSUANT TO SEBI CIRCULAR NO. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 DATED JANUARY 30, 2026 Sl. No. Particulars in respect of the Event Details/Information of the Event 1 Name of the entity, date & country of Name of the Entity: DESIGN COE CANADA INC incorporation, etc. (“Design COE”) Date of Incorporation: September 21, 2026 Country of Incorporation: Ontario, Canada 2 Name of holding company of the incorporated Design COE has been incorporated as a wholly company and relation with the listed entity owned subsidiary of Design COE Limited, Hong Kong, and accordingly, it is a step-down subsidiary of PDS Limited. 3 Industry to which the entity being Fashion and Apparel incorporated belongs 4 Brief background about the entity Design COE is established as a design-led sourcing incorporated in terms of products / line of organization dedicated to supplying the Canadian business market. Design COE offers a broad, diversified product range, encompassing woven, knits, sweater, denim, activewear, and career apparels. 5 Brief details of any governmental or Not Applicable. regulatory approvals required for the incorporation 6 Nature of consideration - whether cash Cash consideration or share swap and details of the same 7 Cost of subscription / price at which the INR 95,765 (Approx) [$1,000]. shares are subscribed 8 Percentage of shareholding / control by the 85% listed entity and / or number of shares allotted