SUBSEQUENT EVENTS	12 Months Ended
Sep. 30, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 23 – SUBSEQUENT EVENTS Cemtrex has evaluated subsequent events up to the date the consolidated financial statements were issued. Centrex concluded that the following subsequent events have occurred and require recognition or disclosure in the consolidated financial statements. Preferred shares issued for dividend On October 6, 2023, the Company issued 115,037 shares of its Series 1 Preferred Stock to for dividends. The dividend was paid to shareholders of record as of September 29, 2023. Common shares issued subsequent to financial statements date On December 13, 2023, 9,853 shares of common stock were issued to satisfy $40,000 of accounts payable for services related to a consulting agreement. Strategic Investment On October 5, 2023, the Company made an additional $100,000 investment via a simple agreement for future equity (“SAFE”) in MasterpieceVR. The SAFE provides that the Company will automatically receive shares of the entity based on the conversion rate of future equity rounds up to a valuation cap, as defined. Revolving line of credit and payment of NIL funding term loan On October 5, 2023, the Company obtained a revolving line of credit in the amount of $5 Million from Pathward, N.A.. The interest rate will be a rate which is equal to three percentage points (3%) in excess of that rate shown in the Wall Street Journal as the prime rate (the “Effective Rate”). The funds will be used to pay the NIL Funding term loan and to fund operations of the Vicon entity.

SUBSEQUENT EVENTS

12 Months Ended

Sep. 30, 2023

NOTE 23 – SUBSEQUENT EVENTS

Cemtrex has evaluated subsequent events up to the date the consolidated financial statements were issued. Centrex concluded that the following subsequent events have occurred and require recognition or disclosure in the consolidated financial statements.

Preferred shares issued for dividend

On October 6, 2023, the Company issued 115,037 shares of its Series 1 Preferred Stock to for dividends. The dividend was paid to shareholders of record as of September 29, 2023.

Common shares issued subsequent to financial statements date

On December 13, 2023, 9,853 shares of common stock were issued to satisfy $40,000 of accounts payable for services related to a consulting agreement.

Strategic Investment

On October 5, 2023, the Company made an additional $100,000 investment via a simple agreement for future equity (“SAFE”) in MasterpieceVR. The SAFE provides that the Company will automatically receive shares of the entity based on the conversion rate of future equity rounds up to a valuation cap, as defined.

Revolving line of credit and payment of NIL funding term loan

On October 5, 2023, the Company obtained a revolving line of credit in the amount of $5 Million from Pathward, N.A.. The interest rate will be a rate which is equal to three percentage points (3%) in excess of that rate shown in the Wall Street Journal as the prime rate (the “Effective Rate”). The funds will be used to pay the NIL Funding term loan and to fund operations of the Vicon entity.