The company completed the transfer of its remaining 49% stake in DBS Lifestyle India Private Limited effective September 21, 2026
This transaction follows the execution of a Share Purchase Agreement dated August 20, 2026 (reference letter no. PDS/SE/2026-27/60) with Mr. Bhawnish Suri, Mrs. Divya Suri and DBS Lifestyle India Private Limited
The sale represents the complete divestment of PDS Limited's ownership in DBS Lifestyle
Corporate Structure Impact
Consequent to the transaction, DBS Lifestyle India Private Limited has ceased to be an associate company of PDS Limited with effect from September 21, 2026
Suri Overseas Private Limited has ceased to be an associate company of PDS Limited with effect from September 21, 2026
Pangram Brands Global Private Limited has ceased to be an associate company of PDS Limited with effect from September 21, 2026
Document References
SEBI Regulation: Regulation 30 of SEBI (LODR) Regulations, 2015
Previous intimation: Letter no. PDS/SE/2026-27/60 dated August 20, 2026
Current filing: Letter no. PDS/SE/2026-27/63 dated September 21, 2026
