The transaction is expected to be completed by 15 July 2025, subject to the satisfaction of condition precedent provided under share subscription agreement (SSA).
PDS is a global fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution for major brands and retailers worldwide. The company operates a vast global network covering over 90 offices in 22 countries.
The company's consolidated net profit declined 12% to Rs 40.30 crore despite 9.7% increase in net sales to Rs 3525.77 crore in Q4 FY25 over Q4 FY24.
The counter declined 2.10% to settle at Rs 399.15 on the BSE.
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