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PDS Limited ( (IN:PDSL) ) just unveiled an announcement.
PDS Limited has incorporated a new wholly owned subsidiary, PDS Global Sourcing Limited, in India effective 20 March 2026, as part of its expansion in the textiles and apparels industry. The new entity is designed to build a comprehensive presence across manufacturing, processing and trading of textile products, and to scale domestic and global market access, signalling a strategic move to consolidate operations and strengthen the group’s sourcing and distribution capabilities.
PDS Global Sourcing has been set up with an initial cash subscription of 500,000 equity shares at a face value of INR 2 each, giving PDS Limited 100% ownership and full control. By structuring the subsidiary to operate across retail, wholesale and e-commerce channels, PDS aims to drive value creation, improve operational efficiency and reinforce its competitive positioning in the global textile value chain.
More about PDS Limited
PDS Limited operates in the textiles and apparels sector, focusing on manufacturing, processing and trading garments, textiles, fibres and yarns. The company targets both domestic and international markets, leveraging retail, wholesale and e-commerce channels to broaden its reach and enhance profitability and operational efficiency.
Average Trading Volume: 6,991
Technical Sentiment Signal: Sell
Current Market Cap: 36.77B INR
For detailed information about PDSL stock, go to TipRanks’ Stock Analysis page.