Diversification/Disinvestment

PDS/SE/2026-27/70 October 9, 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 that Northern Apparel Limited, a step-down subsidiary of the Company in Hong Kong, (“Northern Apparel, HK”) has effective October 8, 2026 transferred its entire stake in Northern Brands Limited, a step down subsidiary of the Company in the United Kingdom (“Northern Brands, UK”). The same was informed to the Company today i.e., October 9, 2026. Consequent to the aforesaid transfer, Northern Brands, UK ceases to be a step-down subsidiary of the Company effective October 8, 2026. The Company further clarifies that the aforesaid transaction is not expected to have any material impact on its financial position, business operations, or financial performance. 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 Sr. no Particulars Details 1 Name of the entity whose stakes are being Northern Brands Limited, United sold Kingdom 2 Shares held by Northern Apparel Limited, a Step-Down Subsidiary of the Company in the Hong Kong 3 The amount and percentage of the turnover Turnover: ~₹3,624,007.06 [GBP or revenue or income and net worth 28,509.00} contributed by such unit or division or Percentage of Consolidated Turnover: undertaking or subsidiary or associate 0.0024% company of the listed entity during the last financial year Net worth: ~₹(12,388,920.28) [GBP (97,460.00)] Percentage of Consolidated Net worth: Not applicable 4 Date on which the agreement for sale has October 8, 2026 been entered into 5 The expected date of completion of October 8, 2026 (The information was sale/disposal received today i.e., October 9, 2026) 6 Consideration received from such £1 (~₹108.92) s ale/disposal 7 Brief details of buyers and whether any of Name: Northern Apparel Limited the buyers belong to the promoter/ Company Number: 17028030 promoter group/group companies. If yes, Registered office: 112 Bolling Road, Ilkley, details thereof LS29 8PN, United Kingdom 8 Whether the transaction would fall within No related party transactions? If yes, whether the same is done at “arm’s length” 9 Whether the sale, lease or disposal of the N ot Applicable 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 of a slump sale, Not Applicable indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale