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The latest update is out from PDS Limited ( (IN:PDSL) ).
PDS Limited has rationalised its corporate structure by having its UK subsidiary, Poetic Brands Limited, divest its entire 20% equity stake in Mambo Leisure Masters Limited, a UK-based step-down associate, effective 6 January 2026. The non-related-party transaction, conducted for approximately ₹1.58 million, removes Mambo Leisure from PDS’s consolidated associate portfolio, though the unit contributed a negligible share to group turnover and net worth, underscoring that the move is more about strategic and economic optimisation than about balance-sheet impact for shareholders.
More about PDS Limited
PDS Limited operates as a global design-led sourcing and manufacturing platform in the apparel and retail industry, working through a network of subsidiaries and associates to serve brands and retailers in key international markets, including the United Kingdom.
Average Trading Volume: 12,568
Technical Sentiment Signal: Sell
Current Market Cap: 50.93B INR
Find detailed analytics on PDSL stock on TipRanks’ Stock Analysis page.