PDS Limited has informed the stock exchange regarding the Dissolution of a step-down subsidiary.

PDS/SE/2026-27/44 July 24, 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 COE USA INC (“Design COE, USA”), a step-down subsidiary of the Company in the State of Delaware, USA has been dissolved effective July 22, 2026, and the same was informed to the Company today i.e., on July 24, 2026. Consequently, Design COE, 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 COE, 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 COE USA INC, as a Step- down Subsidiary of the Company Sr. no Particulars Details 1 Name of the entity Design COE USA INC, 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 22, 2026 (Information received today i.e., July 24, 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