Diversification/Disinvestment

PDS/SE/2026-27/43 July 23, 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 hereby inform you that the Company has, on July 23, 2026, transferred 409 equity shares, representing 2% of the share capital of DBS Lifestyle India Private Limited ("DBS Lifestyle"). Consequent to the aforesaid transfer, the Company's shareholding in DBS Lifestyle has reduced to ~49% of its equity share capital. Accordingly, DBS Lifestyle has ceased to be a subsidiary of the Company with effect from July 23, 2026, and shall henceforth continue as an associate of the Company. Consequent to the cessation of control over DBS Lifestyle, Suri Overseas Private Limited and Pangram Brands Global Private Limited, being indirect step-down subsidiaries of the Company through DBS Lifestyle, have also ceased to be step-down subsidiaries of the Company. Further, Pangram Celebrity Brands Private Limited (“Pangram Celebrity”) has ceased to be a subsidiary of the Company owing to the reduction in the Company's indirect shareholding therein. In view of the Company's continuing direct equity holding of 28.7% in Pangram Celebrity, it shall henceforth be classified as an associate of the Company. 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 DBS Lifestyle India Suri Overseas Pangram Brands Pangram Celebrity entity whose Private Limited Private Limited Global Private Brands Private stakes are (“DBS Lifestyle”) Limited Limited being sold 2 Shares held by PDS Limited DBS Lifestyle DBS Lifestyle PDS Limited & DBS Lifestyle 3 The amount Turnover: ₹ Turnover: Nil Turnover: Nil Turnover: Nil and 1803.90 Lakhs Percentage of Percentage of Percentage of percentage of Percentage of Consolidated Consolidated Consolidated the turnover or Consolidated Turnover: Nil Turnover: Nil Turnover: Nil revenue or Turnover: 0.14% income and Net worth: ₹4.1 Net worth: ₹ 3.06 Net worth: ₹ 1 Lakh net worth Net worth: ₹ - Lakhs Lakh Percentage of contributed by 138.81 Lakhs Percentage of Percentage of Consolidated Net such unit or Percentage of Consolidated Net Consolidated Net worth: Nil division or Consolidated Net worth: Nil worth: Nil undertaking or worth: -0.07% subsidiary or associate company of the listed entity during the last financial year 4 Date on which July 23, 2026 July 23, 2026 July 23, 2026 July 23, 2026 the agreement for sale has been entered into 5 The expected July 23, 2026 July 23, 2026 July 23, 2026 July 23, 2026 date of completion of sale/disposal 6 Consideration ₹82,51,575 Not Applicable Not Applicable Not Applicable received from {~USD 85,486.32} such sale/disposal 7 Brief details of Name: Mr. Not Applicable Not Applicable Not Applicable buyers and Bhawnish Suri whether any of Address: A-161 the buyers Third Floor, New belong to the Friends Colony, promoter/ South Delhi, Delhi, promoter 110057, India group/group companies. If Transferee is not a member of the yes, details Promoter and/or thereof Promoter Group of the Company. 8 Whether the Yes, the Not Applicable Not Applicable Not Applicable transaction transaction is at would fall arm’s length. within related party transactions? If yes, whether the same is done at “arm’s length” 9 Whether the N o No No No sale, lease or disposal of undertaking is outside Scheme of Arrangement? If yes, details of the same include compliance with regulation 37A of SEBI LODR Regulations 10 Additionally, in Not Applicable Not Applicable Not Applicable Not Applicable case 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