v3.26.1
Other capital reserve (Tables)
12 Months Ended
Mar. 31, 2026
Disclosure of reserves within equity [line items]  
Schedule of changes in other capital reserves

Other capital reserves

 

   Share-based
payments (Refer note 30.2)
   Equity Instruments
(Refer note 30.1)
   Reserve on expiry of warrant
#
   Total 
March 31, 2024   355,094    341    23,258    378,693 
Share-based payments expense during the year   123,811    -    -    123,811 
Exercised during the year   (90,272)   -    -    

(90,272

)
Forfeited during the year   -    -    -    - 
Expired during the year   -    -    -    - 
March 31, 2025   388,633    341    23,258    412,232 
Share-based payments expense during the year   277,648    -    -    277,648 
Exercised during the year   (254,506)   -    -    (254,506)
Forfeited during the year   -    -    -    - 
Expired during the year   -    -    -    - 
Vested PSUs net settled for employee’s tax obligation   

(64,395

)             (64,395)
March 31, 2026   347,380    341    23,258    370,979 
Stock Option 2016 And Incentive Plan [Member]  
Disclosure of reserves within equity [line items]  
Summary of inputs for model used

The following table illustrates the number and weighted average exercise prices (WAEP) of, and movements in, share options during the year:

 

   March 31, 2025   March 31, 2026 
   No. of shares  

Weighted

average

EP per share*

   No. of shares  

Weighted

average

EP per share*

 
Number of options outstanding at the beginning of the year   189,081    270.91    150,463    170.86 
Granted during the year   -    -    -    - 
Forfeited during the year   34,605    810.14    -    - 
Expired during the year   4,013    93.95    -    - 
Number of options outstanding at the end of the year   150,463    170.86    150,463    170.86 
                     
Vested/exercisable   150,463    170.86    150,463    170.86 

 

*The weighted average exercise price per share is fixed in USD. The amount disclosed in INR are determined by multiplying exercise price per share in USD by exchange rate of INR 93.83 per USD as at March 31, 2026 (March 31, 2025 INR 85.43 per USD).
Restricted stock unit and performance stock units 2016 plan [member]  
Disclosure of reserves within equity [line items]  
Summary of inputs for model used

The following tables list the inputs to the model used for the years then ended

 

   March 31, 2025   March 31, 2026 
   PSU’s   RSU’s   PSU’s   RSU’s 
Weighted average Fair value of ordinary share at the measurement date (USD)   1.35    2.02    -    1.59 
Risk-free interest rate (%)   4.19%   4.15%   -%   7.20%
Expected volatility (%)   46.50%   55.00%   -%   55.00%
Expected life   4 years    4 years    -    4 years 
Dividend Yield   0%   0%   -%   0%
Model used   Monte Carlo Simulation    Black-Scholes Valuation    -    Black-Scholes Valuation 
Summary of changes in RSUs outstanding

   March 31, 2025   March 31, 2026 
   No. of shares   No. of shares 
Number of RSU/PSU’s outstanding at the beginning of the year   4,578,910    5,299,176 
Granted during the year   1,483,551    2,270,000 
Expired during the year   -    512,820 
Vested/exercised during the year   694,096    1,915,536 
Vested RSUs net settled for employee’s tax obligation*   69,189    429,810 
Number of RSU/PSU’s outstanding at the end of the year   5,299,176    4,711,010 

 

*As per Tax laws applicable in India, the Company is obliged to withhold an amount for an employee’s tax obligation associated with a share-based payment and transfer that amount in cash, to the tax authority on the employee’s behalf. Accordingly, during the year ended March 31, 2026, the Group settled the transaction on a net basis by withholding the number of vested PSUs with a fair value equal to the monetary value of the employee’s tax obligation of INR 64,395 which has been paid to the tax authority on the employee’s behalf before March 31, 2026. Total tax liability paid of INR 64,395 is recognized in equity as transaction with equity shareholders.