PDS Acquires 60% Stake In GSCL

PDS Limited has announced that its Mauritius-based step-down subsidiary, PDS Sourcing Limited, has entered into a Share Subscription Agreement to acquire a 60% equity stake in Hong Kong-based GSC Link Limited (GSCL). The acquisition, valued at approximately Rs 102.59 million (USD 1.2 million), aligns with PDS’s strategic focus on expanding its global footprint, particularly in the U.S. apparel market.

GSCL, incorporated in April 2025, is engaged in the trading of apparel. Following the completion of this transaction, subject to certain conditions, GSCL will become a step-down subsidiary of PDS Limited.