Borrowings (Tables)
|
3 Months Ended |
Jun. 30, 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
June 30, 2026 | | |
As of
March 31, 2026 | |
| Loans from banks (note a) | |
| 158,235 | | |
| 166,924 | |
| Secured debentures (note b) | |
| 323,275 | | |
| 428,729 | |
| Convertible debenture (note c) | |
| 1,140,754 | | |
| 1,140,753 | |
| Convertible notes (note d) | |
| 13,095,363 | | |
| 12,205,415 | |
| Loans from others (note e) | |
| 11,500,000 | | |
| 11,500,000 | |
| Less: current portion of long-term borrowings | |
| (12,511,194 | ) | |
| (9,829,713 | ) |
| Long term borrowings | |
| 13,706,433 | | |
| 15,612,108 | |
|
| 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 | |
| 12,012 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
1-Oct-29 | |
| 12,012 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-Jan-30 | |
| 10,038 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-Jan-30 | |
| 10,897 | |
| Long-term borrowings from banks | |
| 8.85 | % | |
5-May-30 | |
| 29,012 | |
| Long-term borrowings from banks | |
| 8.75 | % | |
10-Aug-30 | |
| 70,092 | |
| Long-term borrowings from banks | |
| 9.25 | % | |
10-Aug-30 | |
| 14,171 | |
| | |
| | | |
| |
| 158,235 | |
|
| Schedule of secured debentures |
Schedule
of secured debentures
| Particulars | |
Interest Rate | | |
Maturity date
(as amended) | |
Amount outstanding | |
| N1-N4 Debentures | |
| 15.00 | % | |
August 15, 2026 | |
| 323,275 | |
|
| Schedule of maturities of long-term borrowings excluding convertible notes |
f)
As of June 30, 2026, the aggregate maturities of long-term borrowings are as follows:
Schedule
of maturities of long-term borrowings excluding convertible notes
| | |
| | |
| Period ending June 30, 2027 | |
| 12,511,194 | |
| Period ending June 30, 2028 | |
| 11,539,437 | |
| Period ending June 30, 2029 | |
| 42,808 | |
| Period ending June 30, 2030 | |
| 36,113 | |
| Period ending June 30, 2031 | |
| 3,782 | |
| Long-term borrowings excluding
convertible notes | |
| 24,133,334 | |
|
| Schedule of short term borrowings |
Schedule
of short term borrowings
| | |
As of
June 30, 2026 | | |
As of
March 31, 2026 | |
| Loans from banks (note a) | |
| 287,211 | | |
| 397,274 | |
| Loans from related parties | |
| 122,920 | | |
| 135,347 | |
| Loans from others (note b) | |
| 6,371,972 | | |
| 7,310,646 | |
| Short term borrowings | |
| 6,782,103 | | |
| 7,843,267 | |
|
| Summary of loans from banks and others |
Summary of loans from banks and others
| a) |
Loans
from banks and others |
| Particulars | |
Weighted average
borrowing rate | |
| Short-term borrowings from banks and others | |
| 64.6 | % |
|
| January 2026 [Member] |
|
| Short-Term Debt [Line Items] |
|
| Schedule of assumptions used in calculating estimated fair value of convertible notes |
As
of June 30, 2026, the fair value of the November 2025 and 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 | |
| 4.47 | % |
| Volatility | |
| 144.63 | % |
| Annual Interest rate | |
| 14 | % |
| Conversion Price | |
| $2.25 & $3.50 | |
|