Acquisitions13 Mar 2026, 08:55 pm
PDS Limited Acquires Remaining 25% Stake in PDS Radius Brands FZCO, UAE
AI Summary
PDS Limited has acquired the remaining 25% equity stake in PDS Radius Brands FZCO, UAE (PDS Radius UAE), making it a step-down wholly owned subsidiary. The acquisition, completed on March 9, 2026, aims to simplify the shareholding structure, consolidate ownership, and enable efficient decision-making. PDS Radius UAE is a private company limited by shares, incorporated in UAE on July 3, 2023, and operates in the ready-made garment trading industry. The company had a turnover of INR 6.62 Cr in FY2024-25 and INR 2.80 Cr in FY2023-24.
Key Highlights
- PDS Limited acquires the remaining 25% stake in PDS Radius Brands FZCO, UAE
- PDS Radius UAE becomes a step-down wholly owned subsidiary of PDS Limited
- Acquisition aims to simplify shareholding structure and enable efficient decision-making
- PDS Radius UAE operates in the ready-made garment trading industry
- PDS Radius UAE had a turnover of INR 6.62 Cr in FY2024-25 and INR 2.80 Cr in FY2023-24