ALFA Filings
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PDS Limited's step-down subsidiary Design COE Limited incorporated Design COE Canada Inc in Ontario, Canada. The fashion sourcing entity was subscribed at approximately ₹1,000 (USD).
PDS Limited has completed the transfer of its 49% stake in DBS Lifestyle. Consequent to this disinvestment, the investee entities have ceased to be associates.
PDS Limited is selling its 49% stake in associate company DBS Lifestyle for ₹9.17 Crore. This divestment aims to rationalize the company's loss-making portfolio.
PDS Limited has dissolved its step-down subsidiary, Design COE USA INC. The company stated this corporate restructuring has no material financial impact.
PDS Limited divested its stake in DBS Lifestyle India Private Limited for ₹0.825 Crore, reclassifying the entity from a subsidiary to an associate.
PDS Limited announced the dissolution of its non-operational step-down subsidiary, Design Arc LLC, USA. This streamlining initiative has no material impact on the company's financial position.
PDS Limited completed the sale of its Sri Lankan subsidiary, Nobleswear (Private) Limited, for USD 1. The transaction involves a buyer named Nobles (Private) Limited.
PDS Limited subsidiary divested its 26% stake in Nobleswear (Private) Limited for Rs. 0.95 Crore. Consequently, Nobleswear ceases to be an associate company.
PDS Limited announced the closure of its subsidiary, PDS Brands Private Limited, which has been struck off from the Ministry of Corporate Affairs records. The entity reported zero turnover and net worth in the previous year. This administrative action formalizes the dissolution of the non-operational unit.
PDS Limited announced that its non-operational wholly owned subsidiary, PDS Brands Private Limited, was struck-off from corporate records effective April 7, 2026. This action is part of a group-wide initiative to streamline the corporate structure. The closure has no material impact on the company's financial position given the subsidiary's inactive status.