Borrowings (Tables)
|
12 Months Ended |
Mar. 31, 2026 |
|---|
| Short-Term Debt [Line Items] |
|
| Schedule of long term borrowings |
Schedule of long term borrowings
A
Long-term borrowings consist of the following:
| | |
As of | | |
As of | |
| | |
March 31, 2026 | | |
March 31, 2025 | |
| Loans from banks (note a) | |
| 166,924 | | |
| 167,177 | |
| Secured debentures (note b) | |
| 428,729 | | |
| 1,718,596 | |
| Convertible debenture (note c) | |
| 1,140,753 | | |
| 1,158,446 | |
| Convertible Notes (note d) | |
| 12,205,415 | | |
| - | |
| Loans from others (note e) | |
| 11,500,000 | | |
| - | |
| Less: current portion of long-term borrowings | |
| (9,829,713 | ) | |
| (2,904,444 | ) |
| Long
term borrowings | |
| 15,612,108 | | |
| 139,775 | |
|
| Schedule of loans from banks |
Schedule
of loans from banks
| Particulars | |
Interest Rate | | |
Maturity date | |
Amount outstanding | |
| Long-term borrowings from banks | |
| 9.00 | % | |
1-May-29 | |
| 10,774 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
1-Oct-29 | |
| 16,514 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-Jan-30 | |
| 12,703 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-Jan-30 | |
| 12,703 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-May-30 | |
| 29,316 | |
| Long-term borrowings from banks | |
| 8.75 | % | |
10-Aug-30 | |
| 73,514 | |
| Long-term borrowings from banks | |
| 9.25 | % | |
10-Aug-30 | |
| 11,400 | |
| | |
| | | |
| |
| 166,924 | |
|
| Schedule of secured debentures |
Schedule
of secured debentures
b)
Secured debentures:
| Particulars |
|
Interest Rate | |
|
Maturity date (as amended) | |
Amount outstanding | |
| N1-N4 Series Debenture |
|
15.00 | % |
|
August 15, 2026 | |
| 428,729 | |
|
| Schedule of assumptions used in calculating estimated fair value of convertible notes |
As
of March 31, 2026, the fair value of the November 2025 Notes was estimated using appropriate valuation techniques with key assumptions
as follows:
Schedule of assumptions used in calculating estimated fair value of convertible notes
| Risk free rate | |
| 4.31 | % |
| Volatility | |
| 142,66 | % |
| Annual Interest rate | |
| 14 | % |
| Conversion Price | |
$ | 2.25 | |
|
| Schedule of maturities of long-term borrowings excluding convertible notes |
f)
As of March 31, 2026, the aggregate maturities of long-term borrowings are as follows:
Schedule
of maturities of long-term borrowings excluding convertible notes
| | |
| | |
| Period ending March 31, 2027 | |
| 9,829,713 | |
| Period ending March 31, 2028 | |
| 14,324,645 | |
| Period ending March 31, 2029 | |
| 42,170 | |
| Period ending March 31, 2030 | |
| 39,863 | |
| Period ending March 31, 2031 | |
| 10,803 | |
| Long-term
borrowings excluding convertible notes | |
| 24,247,194 | |
|
| Schedule of short term borrowings |
B
Short-term borrowings
Schedule
of short term borrowings
| | |
As of March 31, 2026 | | |
As of March 31, 2025 | |
| Loans from banks (note a) | |
| 397,274 | | |
| 263,846 | |
| Loans from related parties | |
| 135,347 | | |
| 115,086 | |
| Loans from others (note b) | |
| 7,310,646 | | |
| 19,486,713 | |
| Short term borrowings | |
| 7,843,267 | | |
| 19,865,645 | |
|
| Summary of loans from banks and others |
Summary of loans from banks and others
| Particulars | |
Weighted average borrowing rate | |
| Short-term borrowings from banks and others | |
| 65.83 | % |
|
| January 2026 [Member] |
|
| Short-Term Debt [Line Items] |
|
| Schedule of assumptions used in calculating estimated fair value of convertible notes |
As
of March 31, 2026, the fair value of the January 2026 Notes was estimated using appropriate valuation techniques with key assumptions
as follows:
Schedule of assumptions used in calculating estimated fair value of convertible notes
| Risk free rate | |
| 4.31 | % |
| Volatility | |
| 142,66 | % |
| Annual Interest rate | |
| 14 | % |
| Conversion Price | |
$ | 3.50 | |
|