PDS Ltd Dissolves Step-Down Subsidiary Design COE USA INC

PDS Limited has announced the dissolution of its step-down subsidiary, Design COE USA INC, located in Delaware, USA. This action is part of an ongoing initiative to streamline the PDS Group's corporate structure by eliminating non-operational and redundant entities. The dissolution was effective July 22, 2026, and Design COE, USA has ceased to be a subsidiary. The company stated that this transaction has no material impact on its financial position, as the subsidiary had no active business operations, contributing nil turnover and nil net worth to the consolidated figures. The disclosure complies with SEBI Listing Regulations.