Intangible Assets and Goodwill

12 Months Ended

Mar. 31, 2025

NOTE 10 — INTANGIBLE ASSETS AND GOODWILL (All Amounts in USD)

Intangible assets and goodwill consist of the following:

	Pre-deal													Intangible
	Customers						Commercial							asset under
Description	Acquisition			Goodwill			rights		Software		Total			development
Gross carrying value
As at March 31, 2022	59,216,654			73,008			—		—		59,289,662			166,587
Additions		—			—			—		—		—			4,464
Derecognized on ‘disposals of a subsidiary		—			(68,500	)		—		—		(68,500	)		—
Write off		(59,216,654	)		—			—		—		(59,216,654	)		160,000
Exchange differences		—			73,601			—		—		73,601			—
Acquisition through business combination		—			793,324			339,277		216		1,132,817			—
As at March 31, 2023		—			736,946			339,277		216		1,076,439			11,051
Write off		—			—			—		—		—			(11,051	)
Exchange differences		—			10,231			—		—		10,231			—
As at March 31, 2024		—			726,715			339,277		216		1,066,208			—
Additions		—			—			81,887		1,045		82,932			—
Write off		—			—			—		—		—			—
Exchange differences		—			(17,792	)		—		—		(17,792	)		—
As at March 31, 2025		—			708,923			421,164		1,261		1,131,348			—
		—			—			—		—		—			—
Accumulated amortization
As at March 31, 2022		24,030,158			—			—		—		24,030,158			—
Charge for the year		—			—			16,157		54		16,211			—
Write off		(24,030,158	)		—			—		—		(24,030,158	)		—
As at March 31, 2023		—			—			16,157		54		16,211			—

Charge for the year		—			—			15,760		53		15,813			—
As at March 31, 2024		—			—			31,917		107		32,024			—
Charge for the year		—			—			15,905		257		16,162			—
As at March 31, 2025		—			—			47,822		364		48,186			—

Net block as at March 31, 2023		—			736,946			323,120		162		1,060,228			11,051
Net block as at March 31, 2024		—			726,715			307,360		109		1,034,184			—
Net block as at March 31, 2025		—			708,923			373,342		896		1,083,162			—