The PDS platform further increases its brand positioning and corporate governance The PDS platform further increases its brand positioning and corporate governance The PDS platform further increases its brand positioning and corporate governance The PDS platform further increases its brand positioning Mark

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PDS Multinational Fashions Limited (“the Company”, “PDS”) is a design-driven sourcing, manufacturing and supply chain platform for leading brands and retailers around the world with a presence in more than 22 countries.

PDS is no longer just a fashion company, the company has evolved into a truly global, innovation-driven plug and play platform. PDS is preparing for the next phase of growth, which is driven by expanding geographic footprint, delivering new categories and increasing portfolio share through strategic sourcing agreements. As PDS embarks on this path, it is also taking steps to further strengthen its brand positioning and improve the corporate governance of PDS and its key subsidiaries. Such a strong governance framework allows PDS and its key entities to benefit from a diverse and highly experienced board of directors.

In an effort to illustrate simplicity and agility, the company changed its name to “PDS Limited” (subject to required regulatory approvals). The new name “PDS Limited” embraces the core values ​​of integrity, transparency and customer focus and positions the brand as a global, collaborative, digital and ethical platform. Digitization is one of the key priorities of PDS to enable innovation, efficiency and the creation of multi-channel business opportunities both horizontally and vertically. Therefore, PDS has included the word “Digital” in the new logo. The Company also recently revamped its website to showcase its new and contemporary approach.

PDS has further expanded its board of directors with the appointment of two new directors. With this addition, PDS now has five new boards. With its diversity, experience and global background, the new Board of Directors will lead PDS into its next phase of growth. PDS will continue to benefit from the immense expertise of Mr. Deepak Seth as Non-Executive Chairman and Mr. Pallak Seth as Non-Executive Vice-Chairman, who will continue to serve on the PDS Board of Directors.

In addition, Mr. Tarun Khanna, Professor Jorge Paulo Lemann at Harvard Business School, and Ms. Faiza Seth, co-founder of PDS Multinational, ex-Lehman Brothers with MBA from the Graduate School of Business at Stanford University are part of of the PDS Advisory Board. Plank. In addition, Mr. Sunil Srivastav, ex-Dy. The Managing Director of State Bank of India Corporate Accounts Group has joined the board of Techno Design (HK), a key subsidiary of PDS.

“The new name reflects our evolution, while maintaining our core values. We provide an agile, flexible, and global platform for clients across geographies and categories. In addition, I would also like to welcome our newly appointed Directors, who bring strong global and cross-functional expertise to the PDS Board of Directors and contribute to our journey of creating value for its stakeholders. Said Mr. Pallak Seth, vice president, based in Hong Kong.

Mr. Sanjay Jain, Group CEO, added, “We have evolved as our clients’ businesses have evolved over the years. We have developed and adapted our service offerings based on their uniqueness. Our goal has always been to facilitate our customers With a strong sense of design, extensive industry experience and adoption of the latest technology, PDS enables retailers and brands around the world to meet tastes and preferences by rapidly changing consumers.

PDS will continue on its journey to expand into new markets, delivering effective and innovative solutions and developing new products using technology, scale and sustainability as key pillars.

Shares of PDS Multinational Fashions Limited were last trading on BSE at Rs. 1577.60 from the previous close of Rs. 1521.85. The total number of shares traded during the day was 1097 in more than 268 trades.

The share hit an intraday high of Rs. 1,584.80 and an intraday low of 1,531.00. The net turnover during the day was Rs. 1,705,342.00.


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