
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).
Price Impact
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