PDS Limited has initiated the formal process for relocating its registered office from Maharashtra to Haryana by publishing mandatory newspaper advertisements on April 10, 2026. The disclosure, made pursuant to Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, represents a significant corporate restructuring move for the company.

Regulatory Compliance and Publication Details

The company has fulfilled its regulatory obligations by publishing notices in two newspapers to ensure wide stakeholder awareness. The advertisements appeared in Business Standard (All India Edition) in English and Mumbai Lakshadeep (Mumbai Edition) in Marathi, which serves as the vernacular language of the district where the company's current registered office is located.

Shareholder Approval and Legal Framework

The proposed office relocation has already received member approval through a Special Resolution passed via Postal Ballot on March 14, 2026. The company now seeks confirmation from the Central Government, with powers delegated to the Regional Director, Western Region Directorate I - Mumbai, under Section 13 of the Companies Act, 2013.

The relocation involves shifting the registered office from Unit No. 971, Solitaire Corporate Park, Andheri-Ghatkopar Link Road, Andheri (East), Mumbai - 400093, Maharashtra to a location in Haryana state.

Stakeholder Objection Process

Stakeholders whose interests may be affected by the proposed change have been provided with a structured process to raise objections. The company has outlined specific procedures and timelines for submitting concerns.

Objections can be filed electronically on the MCA-21 portal ( www.mca.gov.in ) using the Investor Complaint Form or sent by registered post to the Regional Director Western Region Directorate I Ministry of Corporate Affairs at Everest, 5th Floor, 100 Marine Drive, Mumbai - 400002, Maharashtra.

Corporate Communication and Transparency

The notice has been signed by Abhishekh Kanoi, Group Legal Head & Company Secretary (ICSI Membership No.: F-9530), demonstrating proper corporate governance protocols. The company has also made the information available on its website at www.pdsltd.com , ensuring transparency and accessibility for all stakeholders.

The formal application process requires the company to demonstrate that the proposed change serves legitimate business purposes and does not adversely affect stakeholder interests. The 14-day objection period provides adequate time for concerned parties to review and respond to the proposal before the company proceeds with its application to the Central Government.

PDS Limited has notified stock exchanges regarding the cessation of its wholly owned subsidiary, PDS Brands Private Limited, following its strike-off on April 7, 2026. The development was communicated to both NSE and BSE under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Restructuring Initiative

The strike-off forms part of PDS Limited's ongoing initiative to streamline the corporate structure of the PDS Group by eliminating non-operational and redundant entities. PDS Brands Private Limited has been struck-off from the records of the Ministry of Corporate Affairs with effect from April 7, 2026, consequently ceasing to be a wholly owned subsidiary of the company.

Financial Impact Assessment

The transaction carries no material impact on the company's financial position, as detailed in the regulatory disclosure:

Regulatory Compliance

PDS Limited has fulfilled the required disclosure obligations as per Schedule III of the SEBI Listing Regulations and relevant SEBI circulars. The company provided comprehensive details through Annexure I, covering all aspects of the subsidiary cessation including:

• Entity details and shareholding structure
• Financial contribution analysis
• Strike-off completion date and process
• Impact assessment on parent company operations

Corporate Structure Optimization

The strike-off represents a strategic move toward corporate structure optimization, eliminating entities that do not contribute to active business operations. This approach aligns with modern corporate governance practices of maintaining lean and efficient organizational structures. The company confirmed that since PDS Brands Private Limited had no active business operations, its removal does not affect ongoing business activities or financial performance.

The notification was signed by Abhishekh Kanoi, Group Legal Head & Company Secretary, ensuring proper authorization and compliance with regulatory requirements for such corporate actions.