Board approves new buyer for 19% stake sale in Sevasarthi Info Solution
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Prodocs Solutions had earlier approved sale of its 19% stake (1,900 shares) in Sevasarthi Info Solution to Mr. Mukesh Meshram. As Mr. Meshram became non-responsive and uncooperative, that transaction could not close. The Board has now approved a new buyer, Mr. Paresh Pathak, who is unrelated to the Promoter or Promoter Group. All other terms remain the same as previously announced. The Company targets completion within one month, subject to documentation.
Switch of buyer may push back monetisation timing, but deal terms unchanged. Track closure within the stated one-month window.