| Other (income)/expense, net |
| 22 | Other (income)/expense, net |
The components of other (income)/expense, net were as follows: | (In USD) | | June 30,
2026 | | | June 30,
2025 | | | Other (income)/expense, net - other than related parties | | | | | | | | Interest income | | $ | (686 | ) | | $ | (4,390 | ) | | Loss on litigation settlement | | | 1,000,432 | | | | - | | | Loss on settlement of liability* | | | 2,000,335 | | | | - | | | Loss on sale of assets previously held for sale | | | 5 | | | | - | | | Gain on derecognition of subsidiary, net (Refer Note 28) | | | - | | | | (401,180 | ) | | Liquidated damages to Investors** | | | 128,396 | | | | 2,540,537 | | | Loss on assets written off | | | 187 | | | | 42,313 | | | Payable to customers and provision written back | | | (21,820 | ) | | | (38,686 | ) | | Gain on recovery of goods and service tax receivable | | | (6,428 | ) | | | - | | | Gain on write off of liabilities | | | (40,907 | ) | | | - | | | Other, net | | | 33,458 | | | | (53,925 | ) | | Total | | | 3,092,972 | | | | 2,084,669 | | | * | Includes $2,000,000 paid to Aegis Capital Corp. as compensation upon termination of the contract. | | ** | This relates to liquidated damages to the Investors on account of delay in filing of registration statements for securities issued. |
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