PDS Limited has announced the strike-off of Kontemporary Koncepts Private Limited, a step-down subsidiary, effective January 20, 2026. This action is part of the PDS Group's ongoing initiative to streamline its corporate structure by eliminating non-operational and redundant entities. The company received the official Notice of Strike-off on January 27, 2026, confirming the cessation of Kontemporary Koncepts as a subsidiary. The announcement also clarifies that this transaction will not materially impact PDS Limited's financial position, as Kontemporary Koncepts had no active business operations. The disclosure, in accordance with SEBI Listing Regulations, confirms that Kontemporary Koncepts Private Limited had nil turnover and nil net worth contribution to the consolidated financials for the last financial year. The entity was struck off on January 20, 2026, with the order received on January 27, 2026.
