PDS Limited has completed the dissolution of its step-down subsidiary Fareast Vogue Limited, with the dissolution taking effect from February 27, 2026. The company received confirmation of the dissolution on March 5, 2026, and has informed the stock exchanges through a regulatory filing under SEBI Listing Regulations.

Dissolution Details and Timeline

The dissolution was executed as part of PDS Group's ongoing initiative to streamline its corporate structure by eliminating non-operational and redundant entities. Fareast Vogue Limited was a step-down subsidiary based in Hong Kong, held through Techno Design HK Limited, another step-down subsidiary of PDS.

Financial Impact Assessment

The company has clarified that the dissolution will not have any material impact on its financial position. According to the regulatory disclosure, Fareast Vogue Limited had no active business operations and contributed zero turnover to the consolidated revenue.

Regulatory Compliance

PDS Limited has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the required intimation with both NSE and BSE, providing comprehensive details about the dissolution in accordance with SEBI circular requirements.

The dissolution marks the completion of a corporate restructuring process that was initially announced in early 2024, demonstrating PDS Limited's commitment to optimizing its subsidiary structure and focusing resources on operational entities.

PDS Limited has announced its participation in an upcoming investor conference, notifying stock exchanges about the scheduled meeting under regulatory compliance requirements.

Conference Details

The company will attend the Bharat Connect Conference - Rising Stars March 2026, with specific arrangements outlined for the investor interaction.

Regulatory Compliance and Information Sharing

PDS Limited has emphasized its commitment to regulatory compliance during the investor meeting. The company has specifically stated that no unpublished price sensitive information will be shared during the conference discussions. All conversations and presentations will be based exclusively on publicly available information.

The company's investor presentation is currently available on its official website at www.pdsltd.com , providing stakeholders with access to relevant corporate information ahead of the meeting.

Meeting Flexibility

The company has noted that the schedule of meetings may undergo changes due to exigencies on the part of either investors or the company. This flexibility clause ensures that both parties can accommodate any unforeseen circumstances that might affect the planned interactions.

The notification was signed by Abhishek Kanoi, Group Legal Head & Company Secretary, and submitted to both the National Stock Exchange of India Limited and BSE Limited as part of the company's disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015.