PDS Limited — Important, 05-12-2024: Sale or disposal

As part of streamlining its corporate structure, PDS Limited has successfully merged or disposed of 4 redundant entities, reducing the total number within the PDS Group. The company has disposed of JJ Star Industrial Limited, a step-down subsidiary based in Hong Kong, which had no active business operations and contributed no turnover or net worth in the last financial year. The disposal, valued at approximately ₹84.25 (USD 1), was executed effectively from November 25, 2024. This divestment will not materially impact PDS Limited's financial position, aligning with the company's initiative to enhance operational efficiency. Investors should view this consolidation effort as a positive development, focusing on optimizing resources and streamlining operations.