The PANDA experiment is one of the major experiments at the future accelerator facility FAIR which is currently under construction in Darmstadt, Germany. The PANDA is mainly to explore the non-perturbative regime of QCD and to study hadronic states. PANDA has various physics program including the study of hyperon states. Most of hyperon ground state are having long decay lengths of several centimeters and the central tracking system of PANDA is not optimized for these long decay lengths. Therefore, an upgarde option is proposed adding two additional disks forward to innermost tracking detector of PANDA, the MVD and these additional disk are called “Lambda Disks Detector”. For this new detector, simulation studies are performed using physics channels.