JV/AcquisitionAcquisition
PDS Limited, via its UAE subsidiary, has fully acquired PDS Radius Brands FZCO by purchasing the remaining 25% stake for INR 0.06 Cr.
PDS LimitedPDSL · Filed with the exchange
This consolidates PDS's ownership to 100%, making PDS Radius UAE a wholly-owned step-down subsidiary.
The strategic goal is to simplify the shareholding structure, streamline decision-making, and drive turnaround initiatives within the apparel trading entity.
PDS Radius UAE reported a turnover of INR 6.62 Cr in FY25, with negative profits and net worth.
This move aims for strategic control and operational efficiency.
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