PDS Ltd

⚠️ PDS Ltd Discloses Misconduct Incident at Hong Kong Subsidiary

- Incident involves professional misconduct by a former employee of Poeticgem International Limited (Hong Kong subsidiary).

- Legal actions initiated: Poeticgem filed in Bangladesh; PDS filed complaint with Mumbai EOW on January 10, 2026.

- FIR registered on April 18, 2026 under Bharatiya Nyaya Sanhita, 2023.

- Alleged misconduct includes misuse of position, breach of confidentiality, and suspected financial irregularities.

- Transactions under review span 4 years from August 2021, with estimated value ~₹20.15 Cr.

- No confirmed financial loss or future liability for PDS or Poeticgem; matter remains under investigation.

- Former employee was senior staff of Poeticgem, not directly employed by PDS Limited.