NSESale or disposal15 Jul 2026 · 15 Jul 2026, 05:47 pm
Sale or disposal
PDS Limited · PDSL
✦ AI SummaryDivestiture
PDS Limited has informed the Exchange about the dissolution of Design Arc LLC, a step-down subsidiary, effective July 13, 2026, as part of the ongoing initiative to streamline the corporate structure of the PDS Group.
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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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PDS Limited has informed the Exchange about Sale or disposal
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PDSL_15072026174719_Ltr_DesignARCLLC_15072026.pdf
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PDS/SE/2026-27/41 July 15, 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,
We wish to inform you that, as part of the ongoing initiative to streamline the corporate structure of
the PDS Group by eliminating non-operational and redundant entities and in accordance with
Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI
Listing Regulations”), Design Arc LLC (“Design Arc, USA”), a step-down subsidiary of the Company in
the State of Delaware, USA has been dissolved effective July 13, 2026, and the same was informed to
the Company today i.e., on July 15, 2026.
Consequently, Design Arc, USA has ceased to be a step-down subsidiary of the Company.
Please note that the above transaction does not have any material impact on the Company’s financial
position, as Design Arc, USA did not have any active business operations.
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
Cessation of Design Arc LLC, as a Step- down Subsidiary of the Company
Sr. no Particulars Details
1 Name of the entity Design Arc LLC, Delaware (USA)
whose stakes are being
sold
2 Shares held by PDS Far East USA Inc, a Step-Down Subsidiary of the Company in
the State of Delaware, USA
3 The amount and Turnover: Nil
percentage of the Percentage of Consolidated Turnover: Nil
turnover or revenue or
income and net worth Net worth: Nil
contributed by such Percentage of Consolidated Net worth: Nil
unit or division or
undertaking or
subsidiary or associate
company of the listed
entity during the last
financial year
4 Date on which the Not Applicable
agreement for sale has
been entered into
5 The expected date of July 13, 2026 (Information received today i.e., July 15, 2026)
completion of
sale/disposal
6 Consideration received Not Applicable
from such
sale/disposal
7 Brief details of buyers Not Applicable
and whether any of the
buyers belong to the
promoter/
promoter group/group
companies. If yes,
details thereof
8 Whether the Not Applicable
transaction would fall
within related party
transactions? If yes,
whether the same is
done at “arm’s length”
9 Whether the sale, Not Applicable
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