Prodocs Solutions Limited approved the sale of its 19% stake in Sevasarathi Info Solution Private Limited to Mr. Paresh Vishnuprasad Pathak. The board meeting held on September 22, 2026, finalized this change of buyer following the non-completion of the earlier proposed transaction.

The company had previously intimated the sale of 1,900 shares, representing a 19% holding, to Mr. Mukesh Dhurvaji Meshram. However, due to the non-responsiveness and non-cooperation of Mr. Meshram, the deal could not be completed. Consequently, Prodocs identified a new buyer and sought board approval for the revised transaction structure.

Transaction Details

The Board of Directors accorded approval for the sale to the new buyer, Mr. Paresh Vishnuprasad Pathak. The company confirmed that the new buyer is not related to the Promoter or Promoter Group of Prodocs Solutions, nor is he associated with any Promoter Group company. This ensures the transaction remains an arm's length deal with no related-party implications.

Timeline and Compliance

Prodocs expects to complete the proposed transaction with the new buyer within one month from the date of the intimation letter, subject to the completion of necessary formalities and documentation. Except for the change in buyer, all other terms and conditions remain identical to those intimated in the earlier disclosure dated August 28, 2026.

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking the outcome of the board meeting held on Tuesday, September 22, 2026. The meeting commenced at 4:00 pm and concluded at 4:30 pm.

Prodocs Solutions has scheduled its seventh Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will commence at 11:00 am and will be conducted through Video Conferencing or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs and SEBI circulars.

Meeting Details

The company dispatched the notice convening the AGM along with the Annual Report for the financial year ended March 31, 2026, via electronic mode on September 5, 2026. This dispatch was addressed to members whose email IDs were registered as on August 28, 2026. Members without registered email addresses received a letter containing a web-link to access the documents.

The Annual Report and AGM notice are available for inspection on the company’s website, the BSE Limited website, and the NSDL e-voting portal.

E-Voting Information

Shareholders holding shares as on the cut-off date of Tuesday, September 22, 2026, are eligible to vote. The remote e-voting process is facilitated by National Depository Services Limited (NSDL).

Members who cast their votes via remote e-voting prior to the meeting may attend the AGM but cannot vote again. Those attending the meeting who have not voted remotely may cast their votes electronically during the session. Once a vote is cast, it cannot be changed.

Book Closure

Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026, both days inclusive. This closure is necessary to determine eligibility for voting and dividend rights.

Scrutinizer Appointment

The Board of Directors appointed C.S. Ketan Ravindra Shirwadkar, Proprietor of KRS and Co., as the Scrutinizer for the e-voting process. The scrutinizer’s report, along with the voting results, will be displayed on the company’s website and communicated to the stock exchanges within the prescribed period.