Prodocs Solutions Approves ₹32 Crore Gemini Guarantee And EData Buyout

Board approved buying balance 40% of eData via WOS from promoter for up to USD1.5m by 31 Mar 2027, USD1.5m loan to eData, Rs32 Cr guarantee and Rs5 Cr loan to Gemini plus lease, via postal ballot. Re-tables lapsed eData buyout with longer deadline and shareholder vote plus matching loan; adds large first-time backing to promoter-linked Gemini, deepening related-party, cash-strained setup. Rs60 Cr building backs Rs32 Cr guarantee but shortfall from accruals may lift debt; pricing, loan and lease terms undisclosed; all need shareholder nod; completion risk remains.