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The board of Prodocs Solutions Ltd, at its meeting on 17 March 2026, approved an additional investment of up to USD 1.5 million in its wholly owned US subsidiary Prodocs Solutions Inc. via a rights issue. It also approved a downstream investment of up to USD 1.5 million by Prodocs Solutions Inc. into eData Solutions Inc. (USA), which would make eData a 100% subsidiary. eData Solutions Inc. reported a turnover of Rs. 46.3 crore as of 31 December 2025 and operates in IT-enabled services. Promoters Manan Kothari and Pallavi Kothari have a direct interest in eData Solutions, and the transaction is classified as a related party transaction done at arm's length. The board also appointed M/s. KRS AND CO., Practicing Company Secretaries (Thane), as the Secretarial Auditor for FY 2025-26.
The investment signals expansion into the US IT services market through eData Solutions, giving Prodocs access to an existing revenue-generating subsidiary. The related-party nature and promoter interest in eData may attract governance scrutiny, though it is done at arm's length.