FAIR VALUE OF FINANCIAL INSTRUMENTS

12 Months Ended

Mar. 31, 2024

Fair Value Disclosures [Abstract]

FAIR VALUE OF FINANCIAL INSTRUMENTS

NOTE 12 – FAIR VALUE OF FINANCIAL INSTRUMENTS

As of March 31, 2024, the Company’s marketable securities consist of liquid funds, which have been classified as Level 1 of the fair value hierarchy because they have been valued using quoted prices in active markets. The Company’s cash and cash equivalents have also been classified as Level 1 on the same principle. Financial instruments are classified as current if they are expected to be liquidated within the next twelve months. The Company’s remaining investments have been classified as Level 3 instruments as there is little or no market data. Level 3 investments are valued using cost-method.

The following table presents information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2024, and March 31, 2023, and indicates the fair value hierarchy of the valuation techniques the Company used to determine such fair value:

	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
March 31, 2024
Cash and cash equivalents:		175,041		-		-		175,041
Total cash and cash equivalents		175,041		-		-		175,041
Investments:
Marketable securities		13,944		-		-		13,944
Total Investment		13,944		-		-		13,944

	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
March 31, 2023
Cash and cash equivalents:		21,378		-		-		21,378
Total cash and cash equivalents		21,378		-		-		21,378
Investments:
Marketable securities		14,415		-		-		14,415
Total Investment		14,415		-		-		14,415