PDS Limited has informed the stock exchange regarding the acquisition.

PDS/SE/2026-27/72 October 21, 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 pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015. Dear Sir/ Madam, We refer to the Company’s earlier intimations dated August 20, 2026 (letter no. PDS/SE/2026-27/60) and September 21, 2026 (letter no. PDS/SE/2026-27/63). Those intimations concerned the Share Purchase Agreement executed with Mr. Bhawnish Suri, Mrs. Divya Suri and DBS Lifestyle India Private Limited (“DBS Lifestyle India”) for the divestment of the Company’s 51% equity stake in DBS Lifestyle India. In line with the said divestment, PDS Sourcing Limited, Mauritius (“PDS Sourcing”) has acquired the remaining 49% equity stake in DBS Lifestyle Limited, Hong Kong (“DBS Lifestyle HK”) from Mr. Bhawnish Suri and Mrs. Divya Suri, with effect from October 20, 2026. PDS Sourcing is a step-down wholly owned subsidiary of the Company. DBS Lifestyle HK was incorporated to support the expansion of DBS Lifestyle India’s international business. Before this acquisition, PDS Sourcing held 51% of its equity share capital. Following the acquisition, the Company’s shareholding in DBS Lifestyle HK, held through PDS Sourcing, has increased from 51% to 100%. Accordingly, DBS Lifestyle HK has become a step-down wholly owned subsidiary of the Company. The Company has also initiated the process of changing its name to “PDS Sourcing HK Limited” The Company received information regarding the aforesaid acquisition on October 21, 2026. 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.: FCS 9530 Encl: As above Annexure I Sl. No. Particulars in respect of the Event Details/Information of the Event 1 Name of the target entity, details in brief Name: DBS Lifestyle Limited, Hong Kong (“DBS such as size, turnover etc. Lifestyle, HK”), a company duly incorporated and existing under the laws of Hong Kong. Size: The Company has an issued share capital of US$10,000 divided into 10,000 Ordinary shares. Turnover (₹ in Cr) 0.91 PAT (₹ in Cr) 0.12 Net worth (₹ in Cr) 0.16 2 Whether the acquisition would fall within The transaction is not a related party transaction. related party transaction(s) and whether the promoter/ promoter group/ group The Promoter/Promoter Group/ Group Companies have companies have any interest in the entity no interest in the entity being acquired. being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length” 3 Industry to which the entity being acquired Garments & accessories in textile, fashion & apparel. belongs. 4 Objects and effects of acquisition. The acquisition is to simplify the shareholding structure, consolidate ownership, and enable more (including but not limited to, disclosure of efficient decision-making and execution of turnaround reasons for acquisition of target entity, if initiatives. its business is outside the main line of business of the listed entity) 5 Brief details of any governmental or Not Applicable. regulatory approvals required for the acquisition. 6 Indicative time period for completion of Not Applicable. the acquisition. 7 Consideration - whether cash Cash Consideration. consideration or share swap or any other form and details of the same; 8 Cost of acquisition and/or the price at USD 4,900 [~₹465,059] which the shares are acquired. 9 Percentage of shareholding/ control 49% acquired and/or number of shares acquired. 10 Brief background about the entity acquired DBS Lifestyle, HK is a Company duly incorporated under in terms of products/line of business the laws of Hong Kong effective December 8, 2022. acquired, date of incorporation, history of last 3 years turnover, country in which the Product line/business: Garments & accessories in acquired entity has presence and any other textile, fashion & apparel. significant information (in brief) Disclosure of turnover for last 3 (three) years: FY2025-26 (₹ in Cr) 0.91 FY2024-25 (₹ in Cr) Nil FY2023-24 (₹ in Cr) Nil Country of Incorporation: Hong Kong Yours faithfully, for PDS Limited Abhishekh Kanoi Group General Counsel & Company Secretary ICSI Membership No.: FCS 9530