v3.25.1
Accounts Payable
9 Months Ended
Dec. 31, 2024
Accounts Payable [Abstract]  
Accounts Payable
15Accounts Payable

 

The components of accounts payable were as follows:

 

(In USD)

As at

 

December 31,

2024

  

March 31,

2024

 
         
Accounts payable towards related parties  $152,435   $152,435 
Accounts Payable towards others*   20,639,479    14,279,152 
Total Accounts Payable  $20,791,914   $14,431,587 

 

*The Company carried out negotiations with its vendors which resulted in a short-term deferral in payments and/or reduction in outstanding liability. The Company has accounted for this transaction as troubled debt restructuring under ASC 470-60 (Refer to Note 4) and includes provision for settlement of litigation (Refer to Note 33).