ScoutQuest9 Oct 2026
Prodocs Solutions544643Stake acquisition deal

Prodocs Solutions to buy remaining 40% of eData Solutions Inc. for up to USD 1.5 million

100%Acquisition shareholding in eData held by Prodocs Solutions Inc., USA
Shareholding of Prodocs Solutions Inc., USA in eData Solutions Inc.60%
Equity shares of eData Solutions Inc. being acquired40%
Acquisition shareholding in eData held by Prodocs Solutions Inc., USA 100%: Shareholding of Prodocs Solutions Inc., USA in eData Solutions Inc. 60%, Equity shares of eData Solutions Inc. being acquired 40%.
Stake Acquired
40% equity shares of eData Solutions Inc., USA acquired by Prodocs Solutions Inc., USA from promoter Mr. Manan Hiren Kothari
Consideration
Cash consideration; sum not exceeding 1.5 million USD (approx. upto 15 Crores INR)
Post-Acquisition Holding
60% already held; post-acquisition 100% held by Prodocs Solutions Inc., USA
Target
eData Solutions Inc., USA
Transaction
Acquisition (stake purchase from promoter, Material Related Party Transaction)

Prodocs Solutions to buy remaining 40% of eData Solutions Inc. for up to USD 1.5 million.

100%Acquisition shareholding in eData held by Prodocs Solutions Inc., USA
Acquisition shareholding in eData held by Prodocs Solutions Inc., USA: 100%.
Date of incorporation of eData Solutions Inc.
eData became subsidiary of Prodocs Solutions Inc with effect from
Board meeting
Indicative completion of acquisition upto
Date of incorporation of eData Solutions Inc. 5 Mar 2013 · eData became subsidiary of Prodocs Solutions Inc 30 Apr 2025 · Board meeting 9 Oct 2026 · Indicative completion of acquisition 31 Mar 2027

Also from Prodocs Solutions

Board approves related-party share purchase, loan and corporate guarantee; seeks shareholder nod via postal ballot

9 Oct 2026

Board approves 40% eData stake purchase, eData loan, Gemini guarantee and loan; postal ballot for approval

9 Oct 2026

More numbers
  • Turnover of eData Solutions Inc. as on 31 March 2026Rs.44,08,59,606/-
  • Cost of acquisition of eData shares (rupee equivalent)14.47 Crores INR
  • Cost of acquisition of eData shares (USD)USD 1.5 Million
  • Equity shares of eData Solutions Inc. being acquired40%
  • Post-acquisition shareholding in eData held by Prodocs Solutions Inc., USA100%
  • Existing shareholding of Prodocs Solutions Inc., USA in eData Solutions Inc.60%
  • Corporate guarantee principal amount for Gemini InnovationsRs. 32 Crores
  • ConsiderationUp-to USD 1.5 Million (approx. 14.47 Crores INR)
Source: BSE · 9 Oct 2026

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