v3.26.1
Related Party Transactions (Details 1) - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest expense $ 463 $ 751
Accounts payable 9,270 8,154
Accounts receivable 12,719 10,982
Prepaid expense and other current assets 866 1,196
Interest payable (classified under other current liabilities) 1,641 5,062
Advance to Vendor 390 838
Aeries Financial Technologies Private Limited [Member]    
Cost sharing arrangements [1] 177
Interest income [2],[3] 210 188
Accounts receivable [1] 102
Bhanix Finance And Investment Limited [Member]    
Cost sharing arrangements [1] 103 120
Accounts receivable [1] 16 105
Aeries Technology Products And Strategies Private Limited [Member]    
Interest expense [4] 5 72
Interest income [3],[5] 64 125
Office management and support services expense [6] 3 36
Interest payable (classified under other current liabilities) [4] 41 41
Interest receivable (classified under prepaid expenses and other current assets) [5] 28 14
Investment in 10% Cumulative redeemable preference shares [3] 786 822
Loans from affiliates [4] 111
Loans to affiliates (classified under other assets) [5] 148 129
Advance to Vendor [6] 2
Mr. Vaibhav Rao [Member]    
Interest expense [7] 94 83
Loan from Members of immediate families of Venu Raman Kumar 734 [7] 812
Sqrrl Fintech Private Limited [Member]    
Interest expense [8] 8
Ralak Consulting LLP [Member]    
Legal and professional fees paid [9] 216 305
Accounts payable [9] 53
Aark II Pte Limited [Member]    
Management consultancy service [10] 2,256 2,861
Accounts receivable [10] 407 439
TSLC Pte Limited [Member]    
Accounts receivable [10] 101
Receivablesfrom Mr Bhisham Ajay Khare [Member]    
Prepaid expense and other current assets [11] 741
Remittance Intransit Inwards [Member]    
Prepaid expense and other current assets [12] 6
Aeries Financial Technologies Private Ltd [Member]    
Interest receivable (classified under prepaid expenses and other current assets) [2] 1
Investment in 0.001% Series-A Redeemable preference share [3] 1,110 1,008
Loans to affiliates (classified under other assets) [2] $ 92 $ 102
[1] The Company was in a cost sharing arrangement with Aeries Financial Technologies Private Ltd and Bhanix Finance and Investment Ltd under separate agreements dated April 1, 2020. The cost sharing arrangement included costs in the areas of office management, IT and operations. The agreements are for a 36-month term with auto renewals after the original term.
[2] The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 15-17% per annum.
[3] This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.
[4] The Company incurred interest expense in relation to loans taken from ATPSPL, which were borrowed to meet working capital requirements. The loans were for a 3-year term and were issued at an interest rate of 12% per annum.
[5] The Company received interest income in relation to loans given to affiliates to support their working capital requirements. The loans were for a 3-year term and issued at an interest rate of 12% per annum.
[6] The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.
[7] The Company obtained a loan at 12% per annum interest rate (w.e.f April 1, 2025; 10% per annum till March 31, 2025) from Mr. Vaibhav Rao for business purposes. The agreement shall remain valid until the principal amount along with interest is fully repaid. The loan amount was outstanding in entirety as of March 31, 2026.
[8] The Company incurred interest expense in relation to loans taken from Sqrrl, which were borrowed to meet working capital requirements. The loans were for a 3-month term and were issued at an interest rate of 17% per annum.
[9] The Company availed consulting services including implementation services in business restructuring, risk management, feasibility studies, mergers & acquisitions etc. from Ralak Consulting LLP via agreement dated April 1, 2022.
[10] The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof and to TSLC Pte Ltd under an agreement dated July 12, 2021.
[11] For the year ended March 31, 2026, ATI has issued 851,184 shares at a fair value of $0.87 per share to Mr. Bhisham (Ajay) Khare pursuant to the exchange agreement dated November 6, 2023 for his holding in ATGBA. As on March 31, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares to ATI and consequently a receivable of $741.00 has been recognized.
[12] For the year ended March 31, 2026, Mr. Bhisham (Ajay) Khare has exercised 59,110 options under Aeries Management Stock Option Plan 2019 (“MSOP”) with exercise price of INR 10 (or approximately $0.11 at the exchange rate in effect on March 31, 2026). As on March 31, 2026, a remittance in transit of $6.24 has been recognized in respect of the exercise price of such options has been recognised.