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Property and Equipment
 12 Months Ended
Mar. 31, 2024
Property and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 9 — PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

Description  Rights of
use of
assets -
office
premises		   Building   Plant and
equipment		   Furniture and
fittings		   Vehicles   Office
equipment		   Computer
equipment		   Total   Capital
work in
progress		 
Gross carrying value
As at March 31, 2022   —    —    —    —    —    —    —    —    — 
Additions   461,420.00    —    2,326,888.00    11,802.00    24,396.00    796.00    26,856.00    2,852,158.00    — 
Acquisition through business combination   25,111.00    32,006.00    7,349,465.00    —    17,600.00    —    4,200.00    7,428,382.00    794,271.00 
As at March 31, 2023   486,531.00    32,006.00    9,676,353.00    11,802.00    41,996.00    796.00    31,056.00    10,280,540.00    794,271.00 
Additions   27,323.00    —    1,735,286.00    4,779.00    —    —    342.00    1,767,730.00    — 
Adjustments                                           83,832.00 
As at March 31, 2024   513,854.00    32,006.00    11,411,639.00    16,581.00    41,996.00    796.00    31,398.00    12,048,270.00    878,103.00 
                                              
Accumulated depreciation and impairment loss
As at March 31, 2022   —    —    —    —    —    —    —    —      
Charge for the year   50,845.00    462.00    616,304.00    421.00    7,307.00    61.00    4,613.00    680,013.00      
As at March 31, 2023   50,845.00    462.00    616,304.00    421.00    7,307.00    61.00    4,613.00    680,013.00      
Charge for the year   108,997.00    450.00    787,148.00    1,487.00    5,167.00    158.00    7,264.00    910,671.00      
As at March 31, 2024   159,842.00    912.00    1,403,452.00    1,908.00    12,474.00    219.00    11,877.00    1,590,684.00    — 
                                              
Net block as at March 31, 2023   435,686.00    31,544.00    9,060,049.00    11,381.00    34,689.00    735.00    26,443.00    9,600,527.00    794,271.00 
Net block as at March 31, 2024   354,012.00    31,094.00    10,008,187.00    14,673.00    29,522.00    577.00    19,521.00    10,457,586.00    878,103.00 

 

Vehicle of $41,996 as at March 31, 2024 and March 31, 2023 is pledged as security for borrowings

 

Building of $ 32,006 as at March 31, 2024 is pledge as security borrowings.

 

*

Refer to Note 23 for acquisition of subsidiary and Note 24 for deconsolidation of a subsidiary.