PDS Limited has entered a multi-year Sourcing as a Service (SaaS) contract with the global sourcing arm of a leading French-headquartered global supermarket to manage and operate the retailer's textile sourcing operations across Bangladesh, Pakistan, India, Sri Lanka, and Turkey. The partnership is expected to commence from November 1 and reflects the company's continued expansion of long-term platform relationships with leading global retailers. The retailer is one of the world's largest retail groups, serving millions of customers daily through an extensive network of stores across multiple countries.

Under the agreement, PDS will provide end-to-end sourcing and supply chain services through a dedicated operating subsidiary, supporting the retailer's textile sourcing strategy with a more agile sourcing model. The company expects to manage apparel sourcing valued at over $250 million of FOB (Free on Board) volume annually. This partnership leverages the capabilities built across PDS's global sourcing platform, including sustained investments in digital capabilities, technology, and operational excellence.

Pallak Seth, Executive Vice Chairman, PDS Limited, stated that the partnership reflects the strength of the company's platform model and its ability to deliver sourcing at scale with speed, agility, and responsibility. Sanjay Jain, Group CEO, added that the scalable and agile operating model enables the company to support the evolving sourcing needs of leading global retailers while creating long-term value for stakeholders.

Key Details of the Partnership

The following table outlines the core parameters of the multi-year SaaS agreement between PDS Limited and the French-headquartered global supermarket:

About PDS Limited

PDS Limited is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide. The company handles over $2.2 billion of Gross Merchandise Value and operates a vast global network covering over 90 offices in 22 countries. With over 4,400 employees and 7,500 factory associates worldwide, the company reported consolidated revenues of ₹13,110cr in FY26.

PDS Limited has recommended a final dividend of ₹2.00 per equity share for the financial year ended March 31, 2026, subject to shareholder approval. The company has scheduled its 15th Annual General Meeting (AGM) for Friday, July 31, 2026, at 2:30 P.M. IST via Video Conferencing and Other Audio-Visual Means. The Record Date to determine shareholder eligibility for the dividend is Friday, July 24, 2026.

The Board of Directors considered the dividend recommendation at their meeting held on May 15, 2026. If approved, the final dividend will be paid on or after August 28, 2026. The company has engaged National Securities Depository Limited (NSDL) and MUFG Intime India Private Limited to facilitate the electronic voting platform for the meeting.

AGM and Voting Schedule

The following table outlines the key dates for the AGM and remote e-voting:

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date of July 24, 2026, are entitled to vote. Members who have cast their vote by remote e-voting prior to the AGM may attend but will not be permitted to vote again. The Notice of the 15th AGM and the Annual Report for the Financial Year 2025-26 are available on the company's website.