PDS Limited has informed the National Stock Exchange of India Limited and BSE Limited about the dispatch of notices to its creditors regarding the proposed shifting of its registered office from the State of Maharashtra to the State of Haryana. The intimation was made in compliance with the provisions of the Companies Act, 2013, and was submitted to the exchanges on April 22, 2026.

The company's shareholders had approved the proposed relocation through a postal ballot conducted on March 14, 2026. Following this approval, PDS Limited now seeks confirmation from the Regional Director, Western Region Directorate I, Mumbai, for the alteration of its Memorandum of Association to facilitate the shift of its registered office to Haryana, under the jurisdiction of the Registrar of Companies, Haryana.

In its communication to creditors, the company confirmed that the proposed change in the registered office location would not alter or affect any sums payable to creditors as of the date of the notice. The current registered office is located at Unit No.971, Solitaire Corporate Park, Andheri - Ghatkopar Link Road, Andheri (East), Mumbai – 400 093, Maharashtra.

Creditors wishing to object to the proposed change have been instructed to submit their objections through the MCA-21 portal by filing an investor complaint form, or by registered post to the Regional Director's office at Everest, 5th Floor, 100 Marine Drive, Mumbai – 400 002, Maharashtra. A copy of the objection must also be sent to the company at its registered office. All objections must be supported by an affidavit stating the nature of interest and grounds of opposition.

The objections must be submitted within 14 days of the publication or service of the notice, but no later than May 10, 2026. The notice was signed by Abhishekh Kanoi, Group Legal Head & Company Secretary of PDS Limited, who holds ICSI Membership No. FCS 9530.

PDS Limited has disclosed a significant professional misconduct case involving a former employee of its step-down subsidiary, prompting comprehensive legal action across multiple jurisdictions. The company made the disclosure under Regulation 30 of SEBI Listing Regulations on April 20, 2026.

Nature of Professional Misconduct

The misconduct case involves a former senior employee of Poeticgem International Limited, a step-down subsidiary of PDS Limited incorporated in Hong Kong with a liaison office in Bangladesh. The company has identified potential irregularities involving misuse of position, breach of confidentiality, and suspected financial misconduct.

Financial Impact Assessment

The company has provided a detailed assessment of the potential financial implications of the misconduct case. The allegations relate to certain historical transactions spanning a four-year period.

The company has emphasized that the ₹20.15 crore figure represents a broad estimate and should not be construed as a quantified or confirmed accounting loss. At this stage, there is no identified incremental financial exposure or future liability on the company or Poeticgem arising from the FIR registration.

Legal Actions Undertaken

PDS Limited and Poeticgem have initiated comprehensive legal proceedings across multiple jurisdictions to address the professional misconduct case.

The legal actions include:

• Poeticgem has initiated appropriate legal actions in Bangladesh, with the matter presently sub judice and under investigation before competent authorities
• The company filed a formal complaint with the Economic Offences Wing (EOW), Mumbai, on January 10, 2026
• Following the EOW complaint, an FIR was registered on April 18, 2026, under the Bharatiya Nyaya Sanhita, 2023

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The company has provided all required details under the SEBI Master Circular for compliance with SEBI Listing Regulations dated January 30, 2026.

The matter remains under investigation by competent authorities, and the company has made the information available on its website at www.pdsltd.com . The disclosure was signed by Abhishekh Kanoi, Group Legal Head & Company Secretary, on April 20, 2026.