v3.26.1
Related Party Transactions (Details 1) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Mar. 31, 2026
Interest expense $ 116 $ 170  
Accounts receivable 12,430   $ 12,719
Accounts payable 8,873   9,270
Bhanix Finance And Investment Limited [Member]      
Cost sharing arrangements [1] 8 30  
Accounts receivable [1] 7   16
Aeries Technology Products And Strategies Private Limited [Member]      
Interest expense [2] 3  
Interest income [3],[4] 15 16  
Office management and support services expense [5] 1 1  
Interest payable (classified under other current liabilities) [2] 41   41
Interest receivable (classified under prepaid expenses and other current assets) [3] 32   28
Investment in 10% Cumulative redeemable preference shares [4] 797   786
Loans to affiliates (classified under other assets) [3] 148   148
Advance to Vendor [5] 2   2
Mr. Vaibhav Rao [Member]      
Interest expense [6] 22 24  
Loan from Members of immediate families of Venu Raman Kumar [6] 735   734
Aeries Financial Technologies Private Limited [Member]      
Interest income [4],[7] 54 51  
Ralak Consulting LLP [Member]      
Legal and professional fees paid [8] 38 42  
Accounts payable [8]   53
Aark II Pte Limited [Member]      
Management consultancy service [9] 330 $ 983  
Accounts receivable [9] 362   407
Receivables from Mr. Bhisham (Ajay) Khare [Member]      
Prepaid expense and other current assets [10] 741   741
Remittance in transit – Inwards [Member]      
Prepaid expense and other current assets [11]   6
Aeries Financial Technologies Private Ltd [Member]      
Investment in 0.001% Series-A Redeemable preference share [4] 1,161   1,110
Loans to affiliates (classified under other assets) [7] 92   92
Payable to Mr. Bhisham (Ajay) Khare [Member]      
Other Payables [12] $ 337  
[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 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.
[3] 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.
[4] This amount represents investments in affiliates. The Company earned interest income on its investments in affiliates.
[5] The Company availed management consulting services from ATPSPL under agreements dated March 20, 2020 and April 1, 2021.
[6] The Company obtained a loan at 12% per annum interest rate (effective 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 as of June 30, 2026.
[7] 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.
[8] 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.
[9] The Company provided management consulting services to Aark II Pte Ltd under an agreement dated June 21, 2021 and its amendments thereof.
[10] For the period ended June 30, 2026, ATI has issued 106,398 shares at a fair value of $6.96 per share to Mr. Bhisham (Ajay) Khare pursuant to the exchange agreement dated November 6, 2023 for his holding in ATGBA. As of June 30, 2026, Mr. Bhisham (Ajay) Khare is yet to transfer the shares and consequently a receivable of $741 has been recognized.
[11] 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 June 30, 2026, the exercise price of $6.24 has been received.
[12] On April 27, 2026, Mr. Bhisham (Ajay) Khare transferred 59,110 shares at a fair value of $5.67 per share to ATS for his holding in ATGBA.