| SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST |
The
Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:
SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST
| SUBSIDIARY | |
Non-Controlling
Interest % | | |
Non-Controlling
Interest at March 31, 2026 | |
| | |
| | |
| |
| NetSol
PK | |
| 31.41 | % | |
$ | 6,870,901 | |
| NetSol
Innovation | |
| 31.41 | % | |
| (792,749 | ) |
| NAMECET | |
| 31.41 | % | |
| 1,034,542 | |
| NIAI | |
| 31.41 | % | |
| (16,258 | ) |
| NetSol
Thai | |
| 0.006 | % | |
| (196 | ) |
| OTOZ
Thai | |
| 0.01 | % | |
| 7 | |
| Total | |
| | | |
$ | 7,096,247 | |
| SUBSIDIARY | |
Non-Controlling
Interest % | | |
Non-Controlling
Interest at June 30, 2025 | |
| | |
| | |
| |
| NetSol
PK | |
| 30.24 | % | |
$ | 4,496,723 | |
| NetSol
Innovation | |
| 30.24 | % | |
| (637,529 | ) |
| NAMECET | |
| 30.24 | % | |
| 567,819 | |
| NIAI | |
| 30.24 | % | |
| (1,471 | ) |
| NetSol
Thai | |
| 0.006 | % | |
| (184 | ) |
| OTOZ
Thai | |
| 0.01 | % | |
| 7 | |
| Total | |
| | | |
$ | 4,425,365 | |
|
| SCHEDULE OF CHANGE IN OWNERSHIP INTEREST |
The
following schedule discloses the effect on the Company’s equity due to the changes in the Company’s ownership interest.
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
For
the Three Months | | |
For
the Nine Months | |
| | |
Ended
March 31, | | |
Ended
March 31, | |
| | |
2026 | | |
2025 | | |
2026 | | |
2025 | |
| | |
| | |
| | |
| | |
| |
| Decrease
in paid-in capital for purchase of 177,558
shares of OTOZ Inc common stock | |
| - | | |
| - | | |
| - | | |
| (112,010 | ) |
| Net
income (loss) attributable to NetSol Transfer to (from) non-controlling interest | |
$ | 1,300,964 | | |
$ | 1,423,968 | | |
$ | (809,567 | ) | |
$ | 347,721 | |
| Decrease
in paid-in capital for purchase of 177,558
shares of OTOZ Inc common stock | |
| - | | |
| - | | |
| - | | |
| (112,010 | ) |
| Increase
in paid-in capital for purchase of 2,690,251
shares of common stock of NetSol PK from Open Market | |
| - | | |
| 29,135 | | |
| - | | |
| 29,135 | |
| Decrease
in paid-in capital for option exercise of 1,443,874
shares of common stock of NetSol PK by employees | |
| (12,953 | ) | |
| | | |
| (202,873 | ) | |
| - | |
| Net
transfer to (from) non-controlling interest | |
| (12,953 | ) | |
| 29,135 | | |
| (202,873 | ) | |
| (82,875 | ) |
| Change
from net income (loss) attributable to NetSol and
transfer (to) from non-controlling interest | |
$ | 1,288,011 | | |
$ | 1,453,103 | | |
$ | (1,012,440 | ) | |
$ | 264,846 | |
|