|
The components of investments were as follows:
(In USD)
As at | |
December 31,
2024 | | |
March 31,
2024 | |
| Long term investments | |
| | |
| |
| Investments in certificate of deposits* | |
$ | 25,295 | | |
$ | 91,947 | |
| | |
$ | 25,295 | | |
$ | 91,947 | |
| * | Investments includes certificate of deposits and interest
accrued on the same. |
|
14
(a) Investments
The
components of investments were as follows:
(In USD)
| As at | |
March
31,
2024 | | |
March
31,
2023 | |
| Long term investments | |
| | |
| |
| Investments
in certificate of deposits* | |
$ | 91,947 | | |
$ | 158,455 | |
| | |
| 91,947 | | |
| 158,455 | |
| * | Investments includes certificate of deposits and interest accrued on the same. |
14 (b)
Investments with related parties
The
components of investments were as follows:
(In
USD)
| As at | |
March
31,
2024 | | |
March
31,
2023 | |
| Long term investments | |
| | |
| |
| Investments
in certificate of deposits with related parties*# | |
| - | | |
| 95,577 | |
| | |
| - | | |
| 95,577 | |
| * | these certificate of deposits have a maturity of more than
12 months and hence have been considered under long term. However, these have been given under lien against debt availed. |
| # | Mahindra & Mahindra Financial
Services Limited was related party till December 28, 2023 and these deposits have remaining maturity period of less than 12 months, hence
the outstanding balance as on March 31, 2024 has been disclosed under "Short term investments" in Note 8 (a) above. |
|