PDS Limited — Important, 09-04-2025: Diversification/Disinvestment
09-04-2025 · 06:27 pm
PDS Limited has announced a board meeting on the divestment of its entire stake in Digital Ecom Techno Private Limited to Aapt Outsourcing Solutions Private Limited. This transaction includes the sale of 26,62,445 equity shares (42.14% stake) and 10,03,200 optionable convertible redeemable preference shares (100% stake) for a total consideration of approximately ₹8.79 crore. The company expects no material impact on its financial position from this divestment. This move suggests a strategic refocus, potentially enhancing operational efficiency while maintaining a positive outlook for investors.
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