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DEPOSITS AND ADVANCES

12 Months Ended

Mar. 31, 2023

NOTE 4 – DEPOSITS AND ADVANCES

	*(in thousands)*
	As of March 31, 2023 ($)		As of March 31, 2022 ($)
Advances to suppliers and consultants		72		170
Other receivables and deposits		24		472
Prepaid expense and other current assets		262		336
Total		358		978

The Advances to suppliers and consultants primarily relate to advances to suppliers in our Life Sciences and Infrastructure segment. Prepaid and other current assets include approximately $25 thousand in statutory advances for Fiscal 2023, as compared to $170 thousand in Fiscal 2022. The Company decided to move advances paid to suppliers worth approximately $164 thousand to claims and advances, considering recovering might take more than 12 months.