v3.26.1
Cash, Cash Equivalents and Restricted Cash
 3 Months Ended
Mar. 31, 2026
Cash, Cash Equivalents and Restricted Cash [Abstract]  
CASH, CASH EQUIVALENTS AND RESTRICTED CASH

NOTE 7 – CASH, CASH EQUIVALENTS AND RESTRICTED CASH

 

For the purpose of condensed consolidated statement of cash flows, cash, cash equivalents and restricted cash (Current) & (Non-Current) consisted of the following as of:

 

      March 31,
2026		   December 31,
2025		 
            
Cash and cash equivalents      15,979,714    3,206,406 
              
Fixed Deposit  Lien Against Overdraft Facility   7,571,731    5,922,160 
   Lien Against Bank Guarantee   44,816    43 
   Lien Against Credit Card Facility   14,789    15,447 
Restricted cash (Current)      7,631,336    5,937,650 
              
Fixed Deposit  Lien Against Bank Guarantee   394,630    458,964 
Restricted cash (Non-current)      394,630    458,964 
              
Total Cash, cash equivalents and restricted cash      24,005,680    9,603,020 

 

We have classified fixed deposits (FDs), which are subject to withdrawal restrictions, as Restricted cash. Additionally, time deposits with remaining maturity of over one year have been classified as non-current.

 

The Company has secured a bank overdraft facility from HDFC Bank, collateralized by fixed deposits held with HDFC Bank. This facility includes a withdrawal restriction tied to the fixed deposit. (Refer Note 11 – Bank Overdraft.)