PDS538730Stake acquisition deal
PDS arm buys remaining 49% of DBS Lifestyle HK for USD 4,900, taking holding to 100%
By ScoutQuest · · 1 min read
49%Equity stake acquired
- Stake Acquired
- Remaining 49% equity stake
- Holding Change
- from 51% to 100%
- Cash Consideration
- USD 4,900 [~₹465,059]
- Target
- DBS Lifestyle Limited, Hong Kong ("DBS Lifestyle, HK")
- Transaction
- Acquisition of remaining 49% stake (stake increase to 100%)
PDS arm buys remaining 49% of DBS Lifestyle HK for USD 4,900, taking holding to 100%.
DBS Lifestyle HK incorporation
Effective date of acquisition
Information received by the Company
Also from PDS
Hong Kong step-down subsidiary transfers entire stake in UK arm; entity ceases to be step-down subsidiary
9 Oct 2026
More numbers
- Cost of acquisition (INR equivalent as printed)~₹465,059
- Cost of acquisition (USD)USD 4,900
- Equity stake acquired49%
- Shareholding in DBS Lifestyle HK after acquisition100%
- DBS Lifestyle HK turnover (FY2025-26)0.91 (₹ in Cr)
- DBS Lifestyle HK PAT0.12 (₹ in Cr)
- DBS Lifestyle HK net worth0.16 (₹ in Cr)
- Ordinary shares in issue of DBS Lifestyle HK10,000
- ConsiderationUSD 4,900 [~₹465,059]
Source: BSE · 21 Oct 2026
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