StockWatch
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Trading - Textile Products
Subsidiary22 Sept 2026, 02:24 pm

PDS Ltd: Step-down subsidiary Design COE Canada Inc. incorporated

AI Summary

PDS Limited announced the incorporation of its step-down subsidiary, Design COE Canada Inc., in Ontario, Canada, effective September 21, 2026. This new entity is a wholly owned subsidiary of Design COE Limited, Hong Kong, which is itself a step-down subsidiary of PDS Limited. Design COE Canada Inc. will operate as a design-led sourcing organization focused on the Canadian market, offering a diverse range of fashion and apparel products. The incorporation involved a cash consideration of approximately INR 95,765 ($1,000).

Key Highlights

  • PDS Ltd announces incorporation of step-down subsidiary in Canada.
  • New entity, Design COE Canada Inc., is wholly owned by Design COE Limited.
  • Focus on fashion and apparel sourcing for the Canadian market.
  • Initial investment cost approximately INR 95,765 ($1,000).