India, March 6 -- PDS Limited has informed the stock exchange about the incorporation of a new step-down subsidiary in the United Arab Emirates (UAE).
As per Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company disclosed that PDS Multinational FZCO, its wholly-owned step-down subsidiary, has established 'Tritron Fashion FZCO' in the UAE. The new entity was officially incorporated on March 3, 2025.
The required disclosures, as per SEBI Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024, are detailed in Annexure I of the intimation.
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