PDS Limited
PDS Ltd is engaged in trading of garments, investment holding, design, development, marketing, sourcing and distribution of readymade garments of all kinds and other consumer products worldwide.
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PDS Limited's 2026 Sustainability Report, "Responsible by Design," highlights its ESG efforts. Aiming for net-zero by FY2050, it targets 42% Scope 1&2, 25% Scope 3 reductions by FY2030, and increased renewable energy share. GoodEarth Apparels achieved LEED Zero Carbon. PDS Ventures drives innovation via 77 sustainable fashion start-ups. Revenue: `13,110...
PDS Limited divested its remaining 49% stake in associate DBS Lifestyle India Private Limited for ₹9.17 Cr. This aligns with its strategy to exit loss-making ventures, enhancing profitability and capital allocation. No material impact on the company's financials is expected.
PDS Limited has dissolved Design COE USA INC, a non-operational step-down subsidiary in the USA, to streamline its corporate structure. This dissolution has no material financial impact as the entity had no active business operations, turnover, or net worth.
PDS reduced its stake in DBS Lifestyle to ~49% by transferring shares. DBS Lifestyle and its indirect subsidiaries are now associates, not subsidiaries. This transaction, generating ₹0.83 Cr, is not expected to materially impact PDS's financial position or operations.
PDS Limited dissolved Design Arc LLC, a non-operational step-down subsidiary, to streamline its corporate structure. This strategic move has no material financial impact on PDS, as the dissolved entity had nil turnover and net worth.