Diversification/Disinvestment

PDS/SE/2026-27/60 August 20, 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 entered into a Share Purchase Agreement (“SPA”) with Mr. Bhawnish Suri, Mrs. Divya Suri and DBS Lifestyle India Private Limited (“DBS Lifestyle”) on August 20, 2026, for the sale of the remaining 49% stake held by PDS Limited in DBS Lifestyle, an associate company, subject to fulfilment of the terms and conditions set out in the SPA. The proposed divestment is in line with the Company’s previously communicated strategy of rationalising its portfolio of loss making new verticals, with a focus on reducing losses, improving profitability and allocating capital and management bandwidth towards businesses with stronger potential for sustainable and profitable growth. The Company had specifically identified the planned divestment of DBS Lifestyle as one of the actions towards curtailing losses from new verticals in its earlier investor communications. The execution of the SPA therefore represents a further step in implementing this strategy and reinforces the Company’s focus on disciplined capital allocation and improving the overall quality of earnings. Upon completion of the aforesaid transaction, Suri Overseas Private Limited and Pangram Brands Global Private Limited, subsidiaries of DBS Lifestyle, will also cease to be associate entities of the Company. The aforesaid transaction is not expected to have any material impact on the financial position, business operations or financial performance of the Company. The requisite disclosure, as prescribed under Schedule III to 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 Sr. Particulars Details 1 Name of the entity DBS Lifestyle India Private Suri Overseas Private Pangram Brands Global whose stakes are being Limited (“DBS Lifestyle”) Limited Private Limited sold 2 Shares held by PDS Limited DBS Lifestyle DBS Lifestyle 3 The amount and Turnover: ₹ 1803.90 Lakhs Turnover: Nil Turnover: Nil percentage of the Percentage of Consolidated Percentage of Consolidated Percentage of Consolidated turnover or revenue or Turnover: 0.14% Turnover: Nil Turnover: Nil income and net worth contributed by such Net worth: ₹ -138.81 Lakhs Net worth: ₹4.1 Lakhs Net worth: ₹ 3.06 Lakh unit or division or Percentage of Consolidated Percentage of Consolidated Percentage of Consolidated undertaking or Net worth: -0.07% Net worth: Nil Net worth: Nil subsidiary or associate company of the listed entity during the last financial year 4 Date on which the A ugust 20, 2026 agreement for sale has been entered into 5 The expected date of October 31, 2026, or such other date as may be mutually agreed between Parties completion of (subject to fulfilment of conditions precedent) sale/disposal 6 Consideration received ₹9,17,48,425.00 Not Applicable Not Applicable from such sale/disposal [~USD 9.59 Lakh] 7 Brief details of buyers Name: Mr. Bhawnish Suri, Not Applicable Not Applicable and whether any of the and Mrs. Ramma Sahni (Buyer buyers belong to the Nominee) promoter/ promoter group/group Transferee(s) are not a companies. If yes, member of the Promoter details thereof and/or Promoter Group of the Company. 8 Whether the Yes, the transaction is at Not Applicable Not Applicable transaction would fall arm’s length. 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 N ot 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.: FCS 9530