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SUBSEQUENT EVENT
3 Months Ended
Jun. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events [Text Block]

NOTE 17 SUBSEQUENT EVENT

 

 

In the month of July 2024, the Company entered into an Agreement to Sell (“Agreement”) to sell the land situated in Nagpur for a net realizable value of approximately $717 thousand. The above-said agreement is subject to the final registration and execution. The Company holds the ownership and possession of the said land.

 

 

On July 08, 2024, the Company successfully renewed the working capital credit facility from O- Bank, totaling $12 million for one year. This credit facility serves to minimize ongoing liquidity requirements and ensure the Company’s ability to sustain its operations.