PDS Ltd Dissolves US Step-Down Subsidiary Design Arc LLC

PDS Limited has announced the dissolution of its step-down subsidiary, Design Arc LLC, located in Delaware, USA. This action is part of a corporate restructuring initiative to streamline the group's structure by eliminating non-operational and redundant entities. The dissolution was effective July 13, 2026, with the company informing the stock exchange on July 15, 2026. PDS Ltd stated that this transaction has no material impact on its financial position, as Design Arc, USA had no active business operations and contributed nil to consolidated turnover and net worth. The company has provided the necessary disclosures as per SEBI regulations.