XML 68 R38.htm IDEA: XBRL DOCUMENT v3.24.2
ORGANIZATION AND NATURE OF OPERATIONS (Details Narrative) - USD ($)
1 Months Ended 12 Months Ended
Oct. 07, 2022
Mar. 04, 2019
Jul. 18, 2023
Aug. 21, 2018
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
Jul. 24, 2024
Jul. 17, 2024
May 20, 2024
Mar. 13, 2023
Aug. 31, 2018
Equity method investment, description       Mr. Wang Xuezhu and other shareholders of Fujian Happiness transferred their 100% ownership interests in Fujian Happiness to Happiness Fuzhou, which is 100% owned by Happiness Hong Kong. After the reorganization, Paranovus Cayman owns 100% equity interests of Fujian Happiness. Mr. Wang Xuezhu, who owns 52.37% ownership of Paranovus Cayman, became the ultimate controlling shareholder (“the Controlling Shareholder”) of the Company                
Promissory note, principal amount                   $ 750,000    
Preferred shares, authorized         500,000 500,000            
Cancelled ordinary shares   77,223,100                    
Net (loss) income         $ (9,927,324) $ (72,187,116) $ (54,020,081)          
Cash outflow from operating activities         (11,875,246) (2,967,042) $ (10,498,509)          
Accumulated deficit         $ (61,957,019) $ (59,453,593)            
Class A Ordinary Shares [Member]                        
Ordinary shares issued                 60,000,000      
Ordinary shares issued, price per share                 $ 0.01      
Share purchase price per share                 $ 0.45      
Total shares consideration amount               $ 27,000,000        
Ordinary shares [Member]                        
Additional shares sold   223,100                    
2022 Share Capital Adjustment [Member]                        
Reverse stock split and share capital adjustment the Company’s board of directors approved an amended and restated memorandum and articles of association to effectuate a one-for-twenty (1-for-20) reverse split for all classes and its ordinary shares (the “2022 Reverse Split”), and to increase the Company’s authorized shares, immediately following the 2022 Reverse Split. The market effective date of 2022 Reverse Split was October 11, 2022 As a result, the authorized share capital of the Company was changed to US$5,000,000.00 divided into 350,000,000 Class A Ordinary Shares with a par value of US$0.01 each, 100,000,000 Class B Ordinary Shares with a par value of US$0.01 each, and 50,000,000 Preferred Shares with par value of US$0.01 each                      
Fujian Happiness [Member]                        
Ownership                       100.00%
Equity interests rate     100.00%                  
Minimum [Member]                        
Ownership                     100.00%  
Ordinary shares authorized   50,000                    
Ordinary shares, par value (in Dollars per share)   $ 0.0005                    
Preferred shares, authorized   10,000,000                    
Maximum [Member]                        
Ordinary shares authorized   90,000,000     100,000,000              
Ordinary shares, par value (in Dollars per share)   $ 1