0001641172-25-026615 | F-1/A | XBRL Viewer

SCHEDULE OF VALUATION TECHNIQUES

Financial instruments	Amount as at 31 March 2025		Amount as at 31 March 2024		Valuation techniques and key inputs
Preferred shares (Note 1)		-	$	9,359,000	The Discounted Cash Flows (“DCF”) method was used to determine the total equity value of the Group by capturing the present value of the expected cash flows. The equity allocation model was then used to allocate the total equity value of the Group to different classes of shares of the Company.

Convertible loan notes (Note 2)		-	$	3,743,000	Binomial Option Pricing Model

Notes:

An increase in the revenue growth rate used in isolation would result in an increase in the fair value measurement of the preferred shares, and vice versa, while a slight increase in the discount rate used in isolation would result in a decrease in the fair value measurement of the preferred shares, and vice versa. As of 31 March 2024, a 1% (2025: N/A) increase in the discount rate holding all other variables constant would decrease the carry amount of the preferred shares by $0.9 million (2025: N/A) while a 1% (2025: N/A) decrease in the discount rate holding all other variables constant would increase the carry amount of the preferred shares by $1.1 million (2025: N/A). A 1% (2025: N/A) increase in the revenue growth rate holding all other variables constant would increase the carry amount of the preferred shares by $0.6 million (2025: N/A) while a 1% (2025: N/A) decrease in the discount rate holding all other variables constant would decrease the carry amount of the preferred shares by $0.6 million (2025: N/A).

A 1% increase in the discount rate used in isolation would result in a minimal decrease in the fair value measurement of the convertible loan notes, and vice versa.

Recurring fair value measurement [member]

SCHEDULE OF VALUATION TECHNIQUES

SCHEDULE OF FAIR VALUE MEASUREMENTS

Fair value measurements using level 3	At 31 March 2025		At 31 March 2024
	USD		USD
Recurring fair value
Preferred shares		-		9,359,000
Convertible loan notes		-		3,743,000

Trade payables, OTHER PAYABLES AND ACCRUALS (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF TRADE PAYABLES, OTHER PAYABLES AND ACCRUALS

		At		At
	Note	31 March 2025		31 March 2024
		USD		USD
Trade payables			200,660		788,798
Other payables			11,852		11,057
Accruals	(a)		695,022		585,813
Total			907,534		1,385,668

(a)	Accruals include audit fees, professional fees, holiday pay accruals for employees, and others associated with the on-going running of the Group. Increase from 31 March 2024 is mainly due to additional accrued audit fees.

EVENTS (UNAUDITED) SUBSEQUENT TO THE DATE OF INDEPENDENT AUDITOR’S REPORT

12 Months Ended

Mar. 31, 2025

Events Unaudited Subsequent To Date Of Independent Auditors Report

EVENTS (UNAUDITED) SUBSEQUENT TO THE DATE OF INDEPENDENT AUDITOR’S REPORT

29 EVENTS (UNAUDITED) SUBSEQUENT TO THE DATE OF INDEPENDENT AUDITOR’S REPORT

	●	On July 22, 2025, Rhino Ventures Limited exercised all of the Tranche 1 Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $5.13 per share, which were to expire on July 23, 2025. In connection with the exercise of the warrants Rhino Ventures Limited paid the exercise price of $11,542,500 to the Company.

	●	On August 12, 2025, the Company signed a memorandum of understanding (“the Findings MOU”) to acquire 100% of the shares of IDRRA Cyber Security Ltd (also known as Findings) for shares and cash. Findings provides innovative category leading supply chain risk monitoring and vendor risk automation solutions in the cybersecurity and sustainability regulatory domains.

	●	The Findings MOU values Findings at US$305 million which will be paid by $270 million in the Company’s ordinary shares and up to US$35 million in cash. The Company’s ordinary shares will be valued based on the 60-business day trailing VWAP of the Company’s ordinary shares as of the Findings MOU signing date, with ordinary shares subject to customary lock-up periods ranging from 9 to 18 months for Findings’ shareholders. The cash consideration will be split as $15 million paid upon closing and $20 million paid subject to Findings achieving certain EBITDA or ARR thresholds.

	●	On August 22, 2025, the Nomas WPA was rescinded by mutual agreement of Rhino Ventures Limited and Nomas Global Investments-L.L.C-S.P.C and the Nomas Warrants were returned to Rhino Ventures Limited and the previously issued promissory note from Nomas Global Investments L.L.C-S.P.C to Rhino Ventures Limited in the amount of $50,000,000 as the initial consideration under the Nomas WPA has been cancelled. Accordingly, Rhino Ventures Limited is the owner of 100% of the outstanding IPO Warrants.

	●	On August 18, 2025 Diginex announced an eight (8) for one (1) forward stock split to be paid in the form of a bonus share issuance. Each shareholder of the Company of record at the close of business on September 5, 2025 will receive 7 bonus ordinary shares for every one ordinary share held on the record date. The Company expects the bonus shares will be distributed on September 8, 2025.

RELATED PARTY TRANSACTIONS

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

RELATED PARTY TRANSACTIONS

16 RELATED PARTY TRANSACTIONS

16.1 Transactions with related parties

In addition to those related party transactions and balances disclosed elsewhere in the consolidated financial statements, the Group had the following transactions with its related parties during the reporting period:

		Year ended		Year ended		Year ended
	Notes	31 March 2025		31 March 2024		31 March 2023
		USD		USD		USD
Subscription fee income	(a)		42,680		71,333		387,751
Consultancy fee	(b)		260,417		250,000		250,000
Write-off of due from related company	(c)		-		81,347		-
Share-based payments expenses on anti-dilution issuance of Preferred Shares	(d)		369,648		-		-
Finance charges on:
Loan from a related company	(e)		24,548		80,219		60,712
Loans from immediate holding company	(f)		129,423		187,584		78,926
Convertible loan notes	(g)		238,960		266,520		80,822

(a)	During the year ended 31 March 2025, the Group entered into sales agreements with certain shareholders amounting to $42,680 in revenue generated (2024: $71,333; 2023: $387,751).

(b)	During the year ended 31 March 2025, Miles Pelham, controller of Rhino Ventures, engaged as a contractor to provide management services in return for a fee of $260,417 (2024: $250,000; 2023: $250,000).

(c)	During the year ended 31 March 2024, the Group has fully written off the amount due from a related company, Diginex (Holdings) Limited, a company controlled by Rhino Ventures, of $81,347 (2025 and 2023: $Nil).

(d)	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).

(e)

The Group had a loan with a principal of $1,000,000, bore an 8% annual interest charge, due to Diginex (Holdings) Limited.

Upon the Recapitalization, the loan was converted into convertible loan notes with principal of $1,000,000, of which Rhino Ventures holds $517,535 of the principal amount and Working Capital Innovation Fund II L.P., shareholder of the Company, holds $482,465 of the principal amount, and the corresponding interest was recognized as finance charges on convertible loan notes. During the year ended March 31, 2025, interest of $24,548 was accrued (2024: $80,219; 2023: $60,712). The convertible loan notes were converted into ordinary shares on 20 December 2024.

(f)

The Group had a loan outstanding from immediate holding company, Rhino Ventures. The loan bore an 8% annual interest charge and interest of $129,423 was accrued during the year ended 31 March 2025 (2024: $187,584; 2023: $78,926). On January 21, 2025, the loan balance was $3,530,091 and $3,000,000 was capitalized through the issuance of 731,707 Ordinary Shares with the balance of $530,019 being repaid in cash. At 31 March 2025, there was no balance outstanding.

(g)

The Group issued convertible loan notes to the shareholders of the Company. The convertible loan note bore an 8% annual interest charge and interest of $238,960 was accrued during the year ended 31 March 2025 (2024: $266,520; 2023: 80,822). The convertible loan notes were converted into ordinary shares on 20 December 2024.

16.2 Amounts due to a related company/ immediate holding company

As of 31 March 2025, the amount due to a related company, Compass Limited, of $34,579 (2024: $34,579) related to the deposit for the office lease in Monaco. Compass Limited is a company controlled by Rhino Ventures.

As of 31 March 2024, an amount due to immediate holding company, Rhino Ventures, of $5,345,929 related to advance deposits towards the $8,000,000 Capital Raise. On 27 May 2024, the Group completed the Capital Raise, of which $6,059,142 of amount due to Rhino Ventures and $1,940,858 of loans from Rhino Ventures were capitalized into equity. At March 31, 2025, there were no outstanding amounts due to the immediate holding company.

All amounts were unsecured, interest-free and repayable on demand.

16.3 Loans from immediate holding company/ a related company

Loans from an immediate holding company

As of 31 March 2024, loans from an immediate holding company, Rhino Ventures, were unsecured, bearing an interest rate of 8% per annum and were originally repayable on June 30, 2024. At 31 March 2024 the outstanding principal amount was $1,664,483 with accrued interest of $266,510, resulting in a total outstanding balance of $1,930,993.

On 27 May 2024, the Group completed the Capital Raise with Rhino Ventures, of which $6,059,142 of the amount due to Rhino Ventures and $1,940,858 of loans from Rhino Ventures were capitalized into equity. During the period up to the Company IPO, Rhino Ventures continued to fund the Company. The maturity date of the remaining loans was initially extended to September 30, 2024 in May 2024, subsequently to November 31, 2024 in September 2024, and further extended to January 31, 2025 in November 2024.

On September 30, 2024, the Company, DSL and Rhino Ventures entered into a tripartite loan agreement. Under this agreement, Rhino Ventures agreed to capitalize up to $3.5 million of its loan with DSL into Ordinary Shares at the IPO offer price upon the pricing of the IPO.

On January 21, 2025, the outstanding principal and accrued interest amounted to $3,530,019, of which $3,000,000 was capitalized through the issuance of 731,707 Ordinary Shares at the IPO listing price of $4.10. The remaining balance of $530,019 was settled in cash. As of March 31, 2025, there were no outstanding loans from Rhino Ventures.

Loans from a related party

As of 31 March 2024, loan from a related company, Diginex (Holdings) Limited, was unsecured, charging at an interest rate of 8% per annum and was repayable on 31 December 2024. At 31 March 2024, the outstanding principal amount was $1,000,000 (2025: $Nil) and interest accrued on the loan amounted to $140,931 (2025: $Nil) resulting in a total outstanding balance of $1,140,931 (2025: $Nil). In July 2024, the loan was converted into convertible loan notes with a principal of $1,000,000, of which Rhino Ventures holds $517,535 of the principal amount and Working Capital Innovation Fund II L.P. holds $482,465 of the principal amount.

16.4 Key management compensation

SCHEDULE OF KEY MANAGEMENT COMPENSATION

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Basic salaries, allowances and all benefits-in-kind (a)		1,616,693		1,514,495		1,304,369
Pension costs - defined contribution plans		6,924		7,308		7,885
Share-based payments		782,338		1,324,067		410,912
Key management compensation		2,405,955		2,845,870		1,723,166

(a)	Basic salaries, allowances and all benefits-in-kind include a payment of $260,417 to the Chairman of Diginex. The Chairman is also the controller of a related party, Rhino Ventures Limited.

Key management personnel are considered as senior representatives of the Group.

16.5 Amounts due to key management

At March 31, 2025, expense reimbursement of $68,724 were outstanding to key management personnel (2023: $12,135; 2024: $23,919) and were included in accruals.

16.6 Warrants

In connection with the $8.0 million capital raise in May 2024. Rhino Ventures Limited was issued warrants in DSL. Following the Group restructure, there were 4,170,520 warrants issued and outstanding and exercisable for a period of three years from the date they were issued, May 27, 2024, and are exercisable at a price of US$6.13 per warrant. The warrants, if fully exercised, will result in the issuance of shares equal to 51% of the Company’s outstanding Ordinary Shares at the time the warrants are exercised. This amount will be prorated in the event of partial exercise of the warrants. See note 21.2.

On January 23, 2025, the Company issued Rhino Ventures Limited the IPO Warrants in connection with the IPO. See note 21.2

	1.	Tranche 1 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $5.13 per share, which expire 6 months from January 23, 2025
	2.	Tranche 2 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $6.15 per share, which expire 9 months from January 23, 2025
	3.	Tranche 3 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $7.18 per share, which expire 12 months from January 23, 2025
	4.	Tranche 4 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $8.20 per share, which expire 15 months from January 23, 2025
	5.	Tranche 5 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $10.25 per share, which expire 18 months from January 23, 2025
	6.	Tranche 6 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price $12.30 per share, which expire 24 months from January 23, 2025

As at the date of this report, no warrants had been exercised.

16.6 Convertible Loan Notes

The Company issued $4,350,000 convertible loan notes with an 8% coupon, of which all were held by related parties due to their shareholding in the Company. Rhino Ventures held $517,535, HBM IV, Inc. held $2,000,000 and Nalimz Holdings Limited held $1,000,000, Working Capital Innovation Fund II held $582,465 and Hafnia Pte Ltd held $250,000. On December 20, 2024, following the Company’s registration statement being declared effective by the SEC, all these outstanding convertible loan notes with an aggregate face value of $4,350,000 and accrued interest of $751,781, totaling $5,101,781, were converted into Ordinary Shares at a conversion price of $2.17 resulting in the issuance of 2,347,134 Ordinary Shares. See note 18.

LEASE LIABILITIES

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

LEASE LIABILITIES

19 LEASE LIABILITIES

During the year ended 31 March 2024, the Group entered into a lease that expires on 1 January 2027. The initial quarterly rent was 31,316 Euros ($34,580). The lease is adjusted annually by an indexation factor and has an annual break clause. The quarterly rent was adjusted and increased to 32,091 Euros ($34,905) from February 2024 and was further adjusted to 32,328 Euros ($33,917) from February 2025.

Changes in lease liability is as follows:

SCHEDULE OF CHANGES IN LEASE LIABILITY

	At 31 March			At 31 March
	2025			2024
	USD			USD
At 1 April		365,356			-
Increase in lease liability		-			482,619
Interest expense (note 8)		17,236			18,328
Lease modification adjustment		(5,955	)		(25,837	)
Reduction in lease liability		(138,962	)		(109,754	)
At the end of the period/year		237,675			365,356

Classified in the consolidated statements of financial position as follows:

SCHEDULE OF LEASE LIABILITIES

	At 31 March		At 31 March
	2025		2024
		USD		USD
Current		126,808		122,076
Non-current		110,867		243,280
Lease liabilities		237,675		365,356

Maturity of lease liabilities is as follows:

	At 31 March			At 31 March
	2025			2024
	USD			USD
Not later than one year		135,670			139,619
Later than one year and not later than five years		113,058			255,969
Maturity of lease liabilities		248,728			395,588
Finance costs		(11,053	)		(30,232	)
Present value of minimum lease payments		237,675			365,356

The lease commitments have been discounted to calculate a present value of commitments using a cost of capital rate of 5.25% (2024: 5.88%).

FINANCIAL RISK MANAGEMENT

12 Months Ended

Mar. 31, 2025

FINANCIAL RISK MANAGEMENT

26 FINANCIAL RISK MANAGEMENT

26.1 Market risk factors

The Group’s activities expose it to a variety of market risks: foreign currency risk, interest rate risk and liquidation risk. The Group’s overall risk management program focuses on the unpredictability of financial markets and seeks to minimize potential adverse effects on the Group’s financial performance.

The risks are minimized by the financial management policies and practices described below.

26.1.2 Foreign currency risk

The Group operates primarily in USD and HKD, albeit there is an increasing exposure to GBP. Given USD and HKD are pegged within a range, the Group had a reduced exposure to foreign currency risk during the year. Given the increasing exposure to other currencies, the Group will formalize a foreign currency hedging policy in respect of foreign currency transactions, assets and liabilities. The Group monitors its foreign currency exposure closely and will consider hedging significant foreign currency exposure to manage the risk. The material balance sheet items are denominated in USD and as such no sensitivity analysis on the impact of foreign exchange movements has been performed.

26.1.3 Interest rate risk

The Group has minimal interest rate risk because there are no significant borrowings at variable interest rates. The Group currently does not have an interest rate hedging policy. However, the management monitors interest rate exposure and will consider other necessary actions when significant interest rate exposure is anticipated. The Group’s cash flow interest rate risk relates primarily to variable-rate bank balances. The exposure to the interest rate risk for variable rate bank balances is insignificant as the bank balances have a short maturity period.

26.2 Credit risk

The Group has exposure to credit risk arising from deposits in banks as well as trade receivables. Credit risk is managed on a Group basis.

The amount of the Group’s maximum exposure to credit risk is the amount of the Group’s carrying value of the related financial assets and liabilities as of the end of the reporting period.

26.2.1 Deposits with bank

With respect to the Group’s deposits with banks, the Group limits its exposure to credit risk by placing deposits with financial institutions with high credit ratings and no recent history of default. Given the high credit ratings of the banks, management does not expect any counterparty to fail to meet its obligations. Management will continue to monitor the position and will take appropriate action if their ratings are changed. As at 31 March 2025 and 2024, the Group had a concentration of deposits with one bank but does have additional banking relationships to mitigate any concentration risk.

26.3 Liquidity risk

26.3.1 Financing arrangement

The Group monitors its cash position on a regular basis and manages cash and cash equivalents to finance the Group’s operations. The Group has been primarily financed via the proceeds from the issuance of equity, issuance of convertible loan notes and access to a shareholder loan together with proceeds from the IPO.

26.3.2 Maturities of financial liabilities

	Within 1 year		1-5 years		Total
	USD		USD		USD
At 31 March 2025
Accounts payable		200,660		-		200,660
Other payables and accruals		706,874		-		706,874
Deferred revenues		505,424		-		505,424
Due to a related company		34,579		-		34,579
Lease liabilities		126,808		110,867		237,675
Total liabilities		1,574,345		110,867		1,685,212
At 31 March 2024
Accounts payable		788,798		-		788,798
Other payables and accruals		596,870		-		596,870
Tax payables		8,917		-		8,917
Deferred revenues		322,826		-		322,826
Due to a related company		34,579		-		34,579
Due to immediate holding company		5,345,929		-		5,345,929
Loan from immediate holding company		1,930,993		-		1,930,993
Loan from a related company		1,140,931		-		1,140,931
Lease liabilities		122,076		243,280		365,356
Preferred shares		-		9,359,000		9,359,000
Convertible loan notes		3,975,534		114,808		4,090,342
Total liabilities		14,267,453		9,717,088		23,984,541

26.4 Capital risk

The Group’s objectives when managing capital are to safeguard the Group’s ability to continue as a going concern and to maximize the return to the shareholders through the optimization of the debt and equity balance.

The Group manages its capital structure and adjusts it in light of changes in economic conditions. To maintain or adjust the capital structure, the Group may issue new shares or other instruments. No changes were made in the objectives, policies or processes for managing capital during the years ended 31 March 2025 and 2024.

26.5 Fair values measurements

26.5.1 Fair value hierarchy

This section explains the judgements and estimates made in determining the fair values of financial instruments in the consolidated financial statements. To provide an indication about the reliability of the inputs used in determining fair value, the Group has classified its financial instruments and non-financial assets into the three levels prescribed under the accounting standards. An explanation of each level is set out in Note 3. There is no transfer between level 1, 2 or 3 during both years.

SCHEDULE OF FAIR VALUE MEASUREMENTS

Fair value measurements using level 3	At 31 March 2025		At 31 March 2024
	USD		USD
Recurring fair value
Preferred shares		-		9,359,000
Convertible loan notes		-		3,743,000

26.5.2 Valuation techniques used to determine fair values

Below lists the valuation techniques and key inputs used by the Group to value its Level 3 financial instruments. There has been no change in valuation technique during the year ended 31 March 2025 and 2024.

SCHEDULE OF VALUATION TECHNIQUES

Financial instruments	Amount as at 31 March 2025		Amount as at 31 March 2024		Valuation techniques and key inputs
Preferred shares (Note 1)		-	$	9,359,000	The Discounted Cash Flows (“DCF”) method was used to determine the total equity value of the Group by capturing the present value of the expected cash flows. The equity allocation model was then used to allocate the total equity value of the Group to different classes of shares of the Company.

Convertible loan notes (Note 2)		-	$	3,743,000	Binomial Option Pricing Model

Notes:

A 1% increase in the discount rate used in isolation would result in a minimal decrease in the fair value measurement of the convertible loan notes, and vice versa.

26.5.3 Reconciliation of Level 3 fair value measurements

	At 31 March 2025			At 31 March 2024
	USD			USD
At 1 April	13,102,000			16,729,000
At the beginning of the reporting period	13,102,000			16,729,000
Additions		1,369,648			100,000
Fair value adjustments		(3,478,648	)		(3,727,000	)
Conversion		(10,993,000	)		-
At 31 March		-			13,102,000
At the end of the reporting period		-			13,102,000

26.5.4 Financial assets and financial liabilities measured at amortized cost

	At 31 March 2025		At 31 March 2024
	USD		USD
Financial assets
Trade receivables		1,394,545		182,334
Other receivables		650,486		184,018
Contract assets		750		69,354
Restricted bank balance		399,400		-
Cash and cash equivalents		3,111,141		76,620
Financial assets		5,556,322		512,326
Financial liabilities
Trade payables		200,660		788,798
Other payables		11,852		11,057
Tax payables		-		8,917
Due to related companies		34,579		34,579
Due to immediate holding company		-		5,345,929
Loan from a related company		-		1,930,993
Loans from immediate holding company		-		1,140,931
Lease liabilities		237,675		365,356
Financial liabilities		484,766		9,626,560

INCOME TAX EXPENSE (Details Narrative) - USD ($)	12 Months Ended
INCOME TAX EXPENSE (Details Narrative) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
Notes and other explanatory information [abstract]
Description of profits tax rates	Under the two-tiered profits tax rates regime of Hong Kong Profits Tax, the first HK$2 million (c.$250,000) of profits of the qualifying group entity will be taxed at 8.25%, and profits above HK$2 million (c.$250,000) will be taxed at 16.5%. The profits of group entities not qualifying for the two-tiered profits tax rates regime will continue to be taxed at a flat rate of 16.5%.
Accumulated tax losses	$ 22,775,852	$ 21,847,422

RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

12 Months Ended

Mar. 31, 2025

RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

24 RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES

The table below details changes in the Group’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the Group’s consolidated statement of cash flows as cash flows from financing activities.

	Preferred shares			Convertible loan notes			Amount due to immediate holding company			Amount due to a related company		Loan from immediate holding company			Loan from a related company			Total
	US$			US$			US$			US$		US$			US$			US$
At 1 April 2022		11,619,000			-			506			-		-			-			11,619,506
Financing cash flows
Additions		-			3,250,000			600,000			-		2,250,000			1,000,000			7,100,000
Repayments		-			-			(600,000	)		-		-			-			(600,000	)
Non-cash transaction
Interest expenses		-			80,822			-			-		78,926			60,712			220,460
Fair value adjustments		1,841,000			19,000			-			-		-			-			1,860,000
At 31 March 2023		13,460,000			3,349,822			506			-		2,328,926			1,060,712			20,199,966

At April 1, 2023		13,460,000			3,349,822			506			-		2,328,926			1,060,712			20,199,966
Financing cash flows
Additions		-			100,000			5,345,423			-		564,483			-			6,009,906
Repayments		-			-			-			-		(1,150,000	)		-			(1,150,000	)
Non-cash transaction		-			-			-			34,579		-			-			34,579
Interest expenses		-			266,520			-			-		187,584			80,219			534,323
Fair value/other adjustments		(4,101,000	)		374,000			-			-		-			-			(3,727,000	)
At March 31, 2024		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774

At 1 April 2024		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774
Beginning balance		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774
Financing cash flows
Additions		-			-			713,719			-		3,410,461			-			4,493,828
Repayments		-			-			-			-		(530,019	)		-			(530,019	)
Non-cash transaction		(5,611,000	)		(4,968,302	)		(6,059,142	)		-		(4,940,858	)		(1,165,479	)		(22,744,781	)
Interest expenses		-			238,960			-			-		129,423			24,548			392,931
Fair value/other adjustments		(3,748,000	)		639,000			(506	)		-		-			-			(3,479,154	)
At 31 March 2025		-			-			-			34,579		-			-			34,579
Ending balance		-			-			-			34,579		-			-			34,579

CONVERTIBLE LOAN notes (the “notes”) (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023	Jul. 15, 2025	Jan. 23, 2025	Jan. 21, 2025	Dec. 20, 2024	Aug. 03, 2024	Jul. 31, 2024	Jan. 31, 2023
IfrsStatementLineItems [Line Items]
Convertible loan note issued		$ 4,090,342
Interest rate		8.00%
Convertible loan note face value issued		$ 100,000
Aggregate face value	5,382,000	3,350,000
Notional amount	4,117,648						$ 4,350,000	$ 1,000,000
Accrued interest		347,342				$ 3,530,019	751,781
Convertible loan notes	0			$ 4,350,000		$ 3,000,000	$ 5,101,781
Par value per share					$ 0.00005		$ 2.17
Number of converted shares issued							2,347,134
Net fair value loss of convertible loan notes	639,000	$ 374,000	$ 19,000
Diginex Solutions Limited [member]
IfrsStatementLineItems [Line Items]
Loan receivable due amount									$ 1,000,000
Borrowings									1,000,000
Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Borrowings	517,535								517,535
Working Capital Innovation Fund II L.P. [member]
IfrsStatementLineItems [Line Items]
Borrowings	$ 482,465								$ 482,465
Unsecured Notes [member]
IfrsStatementLineItems [Line Items]
Convertible loan note issued										$ 10,000,000
Interest rate										8.00%

Condensed Consolidated Statements of Cash Flows (Parenthetical)

1 Months Ended

12 Months Ended

Jan. 21, 2025

USD ($)

May 27, 2024

USD ($)

Feb. 29, 2024

USD ($)

Mar. 31, 2024

USD ($)

731,707

Accrued interest

$ 3,530,019

$ 347,342

Proceeds from current borrowings

3,000,000

$ 530,019

Lease expiration date

Jul. 01, 2027

Right-of-use assets

^[1]

$ 482,619

Lease liabilities

482,619

Lease deposit paid by immediate holding company

34,579

Additional deposit payment

$ 852

Rental deposit

35,431

Increase (decrease) in quarterly rent

34,905

Lease modification adjustment

$ 25,837

$ (25,837)

Number of shares recapitalization | shares

4,170,520

Rhino Ventures Limited [member]

Capital raise settled by cash advances

Capital raise

$ 8,000,000

6,059,142

Conversion of loans

$ 1,940,858

Rhino Ventures Limited [member] | Series A preference shares [member]

Capital preference shares

151

[1]	In June 2023, the Group entered into a lease agreement in Monaco which expires in January 2027. The lease has an annual break clause.

PREFERRED SHARES (Details Narrative) - USD ($)		1 Months Ended	12 Months Ended
PREFERRED SHARES (Details Narrative) - USD ($)	Dec. 20, 2024	May 31, 2024	Mar. 31, 2025	Mar. 31, 2024	Jan. 27, 2025	Jan. 21, 2025	Aug. 03, 2024	Jul. 15, 2024	Jul. 31, 2021
IfrsStatementLineItems [Line Items]
Number of shares issued	2,347,134					731,707
Number of shares outstanding	2,583,820				2,587,500
Borrowings, interest rate basis	1:1
Notional amount	$ 4,350,000		$ 4,117,648				$ 1,000,000
Conversion of Preferred Shares			5,611,000
Series A preference shares [member]
IfrsStatementLineItems [Line Items]
Number of shares issued		151		3,000					3,000
Issued capital, preference shares									$ 6,000,000
Share issue related cost			$ 2,000
Redemption price, percentage			100.00%
Preferred shares issued capital		123,820		2,460,000
Adjustments for fair value losses (gains)				$ 4,101,000
Fair value		$ 369,648
Preference shares [member]
IfrsStatementLineItems [Line Items]
Number of shares issued								1,291,910	3,000
Issued capital, preference shares									$ 6,000,000
Share issue related cost				$ 9,359,000
Number of shares outstanding	2,583,820		0

SCHEDULE OF ANALYSIS OF TRADE RECEIVABLES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
IfrsStatementLineItems [Line Items]
Trade receivables, net	$ 1,394,545	$ 182,334
Not later than one month [member]
IfrsStatementLineItems [Line Items]
Trade receivables, net	1,219,953	85,740
Later than one month and not later than three months [member]
IfrsStatementLineItems [Line Items]
Trade receivables, net	158,350	59,905
Later than three months [member]
IfrsStatementLineItems [Line Items]
Trade receivables, net	$ 16,242	$ 36,689

SCHEDULE OF VALUATION TECHNIQUES (Details) (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Discount rate, measurement input [member]
IfrsStatementLineItems [Line Items]
Fair value measurement discount rate		1.00%
Decrease in preferred shares		$ 0.9
Decrease in discount rate		1.00%
Increase in preferred shares		$ 1.1
Revenue multiple, measurement input [member]
IfrsStatementLineItems [Line Items]
Decrease in preferred shares		$ 0.6
Decrease in discount rate		1.00%
Increase in preferred shares		$ 0.6
Increase in revenue growth rate		1.00%
Increase in convertible loan notes discount rate	1.00%

KEY SOURCES OF JUDGEMENTS AND ESTIMATION UNCERTAINTY

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

KEY SOURCES OF JUDGEMENTS AND ESTIMATION UNCERTAINTY

4 KEY SOURCES OF JUDGEMENTS AND ESTIMATION UNCERTAINTY

In the application of the Group’s accounting policies, which are described in note 3, the management is required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognized in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Judgements

In the process of applying the Group’s accounting policies, management has made the following judgements which have the most significant effect on the amounts recognized in the consolidated financial statements:

Functional currency

Revenue contracts, operating expenses and borrowing of the group entities are primarily in USD, and are expected to remain principally denominated in USD in the future. Management has determined USD as the Company’s functional currency and presented the consolidated financial statements in USD to meet the requirements of users.

Financial instruments

In the process of classifying a financial instrument, management has made various judgments. Judgment is needed to determine whether a financial instrument, or its component parts, on initial recognition is classified as a financial liability, a financial asset or an equity instrument in accordance with the substance of the contractual arrangement and the definitions of a financial liability, a financial asset and an equity instrument. In making its judgment, management considered the detailed criteria and related guidance for the classification of financial instruments as set out in IFRS 9, in particular, whether the instrument includes a contractual obligation to deliver cash or another financial asset to another entity.

DSL Private Warrants, Private Warrants and IPO Warrants

In the process of classifying DSL Private Warrants, Private Warrants and IPO Warrants, management has made various judgments. Judgment is needed to determine whether the instrument on initial recognition is classified as a financial liability or an equity instrument in accordance with the substance of the contractual arrangement and the definitions of a financial liability and an equity instrument. In making its judgment, management considered the detailed criteria and related guidance for the classification of financial instruments as set out in IAS 32.

DSL Private Warrants, Private Warrants and IPO Warrants are classified as an equity instrument on the basis that the instruments do not include contractual obligation to deliver cash to the warrant holder, and the instruments meet the fixed-for-fixed condition by preserving the relative economic interests of the warrant holder and the Company’s shareholders.

Segmental reporting

Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (the “CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Group’s management is considered the Group’s CODM. The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. While the Group has revenue from multiple services and geographies, the financial position, performance and cashflow of the Group are considered by the CODM on a consolidated basis, so discrete financial information is not available for each such component. The overall financial performance of the Group is also considered as a whole.

As such, the Group has determined that it operates as one operating segment and one reportable segment. The Group will continue to assess the operating segments reviewed by the CODM and the associated reportable segments per IAS 8.

Estimation uncertainties

The key assumptions concerning the future, and other key sources of estimation uncertainty at the reporting date, that may have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are discussed below:

Fair value measurement of financial instruments

At the end of each reporting period, certain of the Group’s financial liabilities, including Preferred Shares, and convertible loan notes, are measured at fair value with fair value being determined based on significant unobservable inputs using valuation techniques. Judgement and estimation are required in establishing the relevant valuation techniques and the relevant inputs thereof. Changes in assumptions relating to these factors could result in material adjustments to the fair value of these instruments.

Provision of ECL for trade receivables

Trade receivables with significant balances and credit-impaired are assessed for ECL individually. In addition, for trade receivables which are individually insignificant or when the Group does not have reasonable and supportable information that is available without undue cost or effort to measure ECL on individual basis, collective assessment is performed by grouping debtors based on the Group’s internal credit ratings.

The provision of ECL is sensitive to changes in estimates.

Income taxes

The Group is subject to income taxes in several jurisdictions. Significant estimates are required in determining the provision for income taxes. There are many transactions and calculations for which the ultimate tax determination is uncertain during the ordinary course of business. Where the final tax outcome of these matters is different from the amounts that were initially recorded, such differences will impact the current and deferred tax exposure in the period in which such determination is made.

Share-based payment expenses – share options awards

The fair value of the share option awards granted that is determined at the date of grant of the respective share options is expensed over the vesting period, with a corresponding adjustment to the Group’s share option reserve. In assessing the fair value of the share option award, discounted cash flows and the equity allocation model were used to calculate the fair value of the share options. The discounted cash flows and the equity allocation model require the input of subjective assumptions, including discount rate, volatility of the Ordinary Shares or ordinary shares of DSL and the expected life of options. Any changes in these assumptions can significantly affect the estimate of the fair value of the share option awards.

Discount rate used for initial measurement of lease liability

The Group, as a lessee, measures the lease liability at the present value of the unpaid lease payments at the commencement date. The lease payments are discounted using the interest rate implicit in the lease, if that rate can be readily determined. If that rate cannot be readily determined, the Group on initial recognition of the lease uses its incremental borrowing rate. Incremental borrowing rate is the rate of interest that the Group would have to pay to borrow over a similar term, and with a similar security, the funds necessary to obtain an asset of a similar value to the right-of-use assets in similar economic environment.

OTHER RESERVES (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF FAIR VALUE OF THE IPO WARRANTS

Tranche	Number of Warrants		Exercise Price (per share)		Expiration Date	Duration from January 23, 2025
1		2,250,000	$	5.13	July 23, 2025	6 months
2		2,250,000	$	6.15	October 23, 2025	9 months
3		2,250,000	$	7.18	January 23, 2026	12 months
4		2,250,000	$	8.20	April 23, 2026	15 months
5		2,250,000	$	10.25	July 23, 2026	18 months
6		2,250,000	$	12.30	January 23, 2027	24 months

Private Warrants [Member]

SCHEDULE OF FAIR VALUE OF PRIVATE WARRANTS

Grant date	May 28, 2024
Time to expiry (year)		3.00
Spot price (pre-recapitalization)	$	2,252
Risk-free rate		4.75	%
Dividend yield		0.00	%
Volatility		41.33	%

Initial public offering [member]

SCHEDULE OF FAIR VALUE OF IPO WARRANTS

Tranche	1			2			3			4			5			6
Time to expiry (year)		0.50			0.75			1.00			1.25			1.50			2.00
Closing Spot price on January 23	$	12.75		$	12.75		$	12.75		$	12.75		$	12.75		$	12.75
Risk-free rate		4.27	%		4.23	%		4.18	%		4.21	%		4.23	%		4.29	%
Dividend yield		0.00	%		0.00	%		0.00	%		0.00	%		0.00	%		0.00	%
Volatility		30.66	%		32.79	%		33.25	%		32.83	%		32.81	%		33.05	%

SCHEDULE OF FAIR VALUE OF PRIVATE WARRANTS (Details) - Private Warrants [Member]	May 28, 2024 $ / shares
IfrsStatementLineItems [Line Items]
Time to expiry (year)	3 years
Spot price (pre-recapitalization)	$ 2,252
Risk-free rate	4.75%
Dividend yield	0.00%
Volatility	41.33%

SCHEDULE OF PREPAYMENT, DEPOSITS AND OTHER RECEIVABLES (Details) - USD ($)

Mar. 31, 2025

Mar. 31, 2024

Trade Receivables Contract Assets Other Receivables Deposits And Prepayment

Deposits

^[1]

$ 63,914

$ 35,261

Prepayments

^[2]

351,791

34,197

Prepayment, deposits and other receivables

^[3]

650,486

184,018

1,066,191

253,476

Deposit

^[1]

$ 45,463

$ 35,431

[1]	Current deposits represent amounts paid to an employment agency in Germany and deposit for investor relation services.
[2]	The increase in prepayments as of 31 March 2025 primarily relates to the advance payment of the Directors and Officers (D&O) liability insurance premium, covering the period from January 2025 to December 2026. This insurance was procured subsequent to the successful completion of the IPO.
[3]	As of 31 March 2024, other receivables mainly comprised $142,633 of deferred transaction costs in connection with the IPO of the Company (the “Deferred IPO Expenses”) and an outstanding balance $41,385 with payment channel, Stripe. The Deferred IPO Expenses with an aggregate amount of $1,432,343 were deducted against share premium upon the successful closing of the IPO. Other Receivables also includes fund raising costs of $400,000 and $250,000 paid under the Nomas MOU and the Al Noor MOU, respectively.

RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS AS CASH FLOWS FROM FINANCING ACTIVITIES

	Preferred shares			Convertible loan notes			Amount due to immediate holding company			Amount due to a related company		Loan from immediate holding company			Loan from a related company			Total
	US$			US$			US$			US$		US$			US$			US$
At 1 April 2022		11,619,000			-			506			-		-			-			11,619,506
Financing cash flows
Additions		-			3,250,000			600,000			-		2,250,000			1,000,000			7,100,000
Repayments		-			-			(600,000	)		-		-			-			(600,000	)
Non-cash transaction
Interest expenses		-			80,822			-			-		78,926			60,712			220,460
Fair value adjustments		1,841,000			19,000			-			-		-			-			1,860,000
At 31 March 2023		13,460,000			3,349,822			506			-		2,328,926			1,060,712			20,199,966

At April 1, 2023		13,460,000			3,349,822			506			-		2,328,926			1,060,712			20,199,966
Financing cash flows
Additions		-			100,000			5,345,423			-		564,483			-			6,009,906
Repayments		-			-			-			-		(1,150,000	)		-			(1,150,000	)
Non-cash transaction		-			-			-			34,579		-			-			34,579
Interest expenses		-			266,520			-			-		187,584			80,219			534,323
Fair value/other adjustments		(4,101,000	)		374,000			-			-		-			-			(3,727,000	)
At March 31, 2024		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774

At 1 April 2024		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774
Beginning balance		9,359,000			4,090,342			5,345,929			34,579		1,930,993			1,140,931			21,901,774
Financing cash flows
Additions		-			-			713,719			-		3,410,461			-			4,493,828
Repayments		-			-			-			-		(530,019	)		-			(530,019	)
Non-cash transaction		(5,611,000	)		(4,968,302	)		(6,059,142	)		-		(4,940,858	)		(1,165,479	)		(22,744,781	)
Interest expenses		-			238,960			-			-		129,423			24,548			392,931
Fair value/other adjustments		(3,748,000	)		639,000			(506	)		-		-			-			(3,479,154	)
At 31 March 2025		-			-			-			34,579		-			-			34,579
Ending balance		-			-			-			34,579		-			-			34,579

SHARE-BASED PAYMENTS

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SHARE-BASED PAYMENTS

23 SHARE-BASED PAYMENTS

DSL’s Share Option Award Scheme (the “DSL Scheme”)

The board of directors of DSL (the “DSL Board”) approved and adopted the DSL Scheme which outlines the grant of share option award (the “DSL Award”) to selected employees and/or consultants of the DSL Group (the “DSL Participant”) to subscribe ordinary shares of DSL (the “DSL Share”). The DSL Board may determine the DSL Participant and grant DSL Shares under the DSL Scheme not exceeding 15% of issued shares in the Company on a fully diluted basis. Purpose of the DSL Scheme is to attract and retain the best available talent for the DSL Group to benefit its business operations.

DSL may grant the DSL Participant an DSL Award consisting in the right to acquire or receive a certain number, or a percentage, of DSL Shares (the “DSL Ownership Stake”) determined in the DSL Scheme (each event being an “DSL Award Grant”). The DSL Award Grant shall vest after thirty-six (36) calendar months of continuous employment with, or service to, DSL or of any of its affiliates (the “DSL Vesting Date”). Unless exercised, the Award will lapse and expire after six (6) calendar months from the Vesting Date (“DSL Long Stop Date”).

The number of DSL Shares the DSL Participant is entitled to under an DSL Award Grant shall be determined at the DSL Vesting Date. The vesting of the DSL Award Grant shall confer to the DSL Participant the same shareholding percentage in DSL as the DSL Ownership Stake. Unless determined at the time of the DSL Award Grant, such shareholding shall be calculated based on the total number of DSL Shares issued at the DSL Vesting Date.

Prior to the DSL Long Stop Date, should DSL give notice of: 1) merger or acquisition or similar event involving change of control of DSL; or 2) listing of its shares on a recognized and regulated stock exchange, all DSL Awards, whether vested or unvested, shall be: 1) (i) automatically exchanged for equivalent options over or in relation to shares in the acquirer entity or listed company; or (ii) cancelled in exchange for, and automatically converted to, shares in the acquiring entity or listed company in equivalent value as the value under the DSL Award Grant, which will be locked-up for a period of 15 months from the date of change of control or listing, respectively, (the “DSL Lock-up Period”) and will be released in three (3) equal instalments over a period of six (6) months following the expiration of such DSL Lock-up Period.

The DSL Award Grant shall be forfeited and cancelled if before the DSL Vesting Date: (a) the DSL Participant hands in a notice of resignation; (b) the DSL Participant gives notice of termination of service; or (c) the DSL Participant’s employment or service with DSL is terminated for any reason, unless otherwise determined by the DSL Board in its sole and absolute discretion.

Diginex Limited 2024 Omnibus Incentive Plan (the “Scheme”)

On 28 July 2024, the board of directors of the Company (the “Board”) approved and adopted the Diginex Limited 2024 Omnibus Incentive Plan (the “Scheme”), which replaced the DSL Scheme, which outlines the grant of share option award (the “Award”) to selected employees and/or consultants of the Group (the “Participant”) to subscribe ordinary shares of the Company (the “Share”). The Board may determine the Participant and grant Shares under the Scheme not exceeding 5,400,000 ordinary shares. Purpose of the Scheme is to attract and retain the best available talent for the Company to benefit its business operations.

The Company may grant the Participant an Award consisting in the right to acquire or receive a certain number, or a percentage, of Shares (the “Ownership Stake”) determined in the Scheme (each event being an “Award Grant”). The exercise price of Shares purchasable under an Award shall be determined at the time of grant, provided that the exercise price per Share for the Shares to be issued pursuant to the exercise of an Award shall be no less than the par value of such Share.

Awards vest and become exercisable in accordance with the terms and conditions specified in the applicable Award Agreement, which may include the achievement of pre-established performance goals, if applicable. For Awards granted prior to the Company’s listing on the NASDAQ Capital Market or any other stock exchange, vesting occurs on (i) the date(s) specified in the Award Agreement, (ii) after 36 months of continuous employment or service with the Company or its affiliates, or (iii) an earlier date if determined at the discretion of the Board to accelerate the vesting schedule.

Upon termination of employment or service, the treatment of stock options depends on the circumstances of the termination. If the termination occurs for reasons other than cause, retirement, disability, or death, vested options remain exercisable for 90 days following the termination date. This period is extended to one year if the participant passes away during the 90-day period. Unvested options, however, are forfeited immediately upon termination. In all cases, options cannot be exercised beyond their original expiration date. For terminations due to retirement, disability, or death, vested options remain exercisable for one year from the termination date, subject to their original expiration date. Unvested options are forfeited immediately upon termination. If the termination is for cause, all options, whether vested or unvested, are forfeited immediately.

Details of the Awards granted during the years ended March 31, 2023, 2024 and 2025:

SCHEDULE OF AWARDS GRANTED

Number of/% of
share option

Fair value per

Grant dates

award to vest

Vesting periods

option at grant date

From

USD

25-Apr-2022

0.10

25-Apr-2022

31-Mar-2023

3.924 (recapitalized)

25-May-2022

0.10

25-May-2022

5-Nov-2023

3.924 (recapitalized)

26-Sep-2022

1.00

26-Sep-2022

25-Sep-2025

4.254 (recapitalized)

18-Oct-2022

0.10

18-Oct-2022

1-Sep-2024

4.287 (recapitalized)

23-Nov-2022

0.20

23-Nov-2022

1-Jul-2023

4.354 (recapitalized)

12-Jan-2023

0.05

12-Jan-2023

1-Jul-2023

4.446 (recapitalized)

1-May-2023

***

1.00

1-May-2023

30-Apr-2026

4.321 (recapitalized)

8-Aug-2023

***

2.40

8-Aug-2023

3.460 (recapitalized)

1-Sep-2023

***

0.20

1-Sep-2023

30-Apr-2026

3.251 (recapitalized)

31-Jul-2024

65,426

31-Jul-2024

27-Aug-2026

2.098

31-Jul-2024

303,400

31-Jul-2024

31-Jul-2027

2.098

21-Aug-2024

****

0.50

21-Aug-2024

30-Apr-2026

2.098

	*	Fair value of the DSL Awards as of 25 April 2022 and 26 September 2022 is approximated to that as of 1 April 2022 and 30 September 2022, respectively.

	**	Fair values of the DSL Awards as of 18 October 2022, 23 November 2022 and 12 January 2023 are determined using interpolation method between the fair values determined on 30 September 2022 and 31 March 2023.

	***	Fair values of the DSL Awards as of 1 May 2023, 8 August 2023 and 1 September 2023 are determined using the interpolation method between the fair values determined on 31 March 2023 and 30 September 2023.

	****	Fair value of the Awards as of 21 August 2024 is with reference to the fair values determined on 31 July 2024.

Number of shares options. Re-capitalization takes into account the impact of the share exchange between the Company and DSL at a ratio of 410:1 and the subsequent share subdivision on the Company at a ratio of 2:1:

SCHEDULE OF NUMBER OF UNVESTED SHARES

	Number of share options
At 1 April 2022		1,404
Additions		141
		69
		(44	)
		1,915
		1,570,219
		566,119
		(1,003,680	)
At 31 March 2023		1,545
At 31 March 2023 recapitalized		1,266,900
- weighted average exercise price	$	Nil
- number of share options exercisable		0

At 1 April 2023, based on number of DSL’s shares-in-issue		1,545
Additions		389
Exercised (note a)		(44	)
		69
		(44	)
		1,915
		1,570,219
		566,119
		(1,003,680	)
At 31 March 2024, based on number of DSL’s shares-in-issue		1,890
At 31 March 2024 recapitalized		1,549,800
- weighted average exercise price	$	Nil
- number of share options exercisable		1,380,060

At 1 April 2024, based on number of DSL’s shares-in-issue		1,890
Additions		69
Exercised (note b)		(44	)
Pre-recapitalized balance		1,915
Post-recapitalized balance		1,570,219
Additions		566,119
Exercised (note c)		(1,003,680	)
Expired		(352,600	)
At 31 March 2025, based on number of Diginex Limited’s shares-in-issue		780,058
‘- weighted average exercise price	$	0.00005
‘- number of share options exercisable		17,345

(a)	The weighted average share price at the exercise date is $2.998 (recapitalized).

(b)	The weighted average share price at the exercise date is $2.746 (recapitalized).

(c)	The weighted average share price at the exercise date is $2.098.

(d)	The weighted average remaining contractual life of the outstanding share options is 2.57 years as of March 31, 2025 (2024: 0.63 years; 2023: 1.02 years).

Movement of share option reserve:

	Share option reserve
	USD
At 1 April 2022		499,808
Additions		584,462
At 31 March 2023		1,084,270
Additions		1,352,787
Exercised		(27,368	)
At 31 March 2024		2,409,689
Additions		859,685
Exercised		(1,796,029	)
Expired		(397,000	)
At 31 March 2025		1,076,345

The fair value of the Awards granted is estimated at the grant date using the discounted cash flow (“DCF”) and equity allocation model (“EAM”). The following table lists the inputs to those models at respective grant date:

Dates of fair value	Valuation approach	Discount rate			Terminal growth rate			Lack of marketability discount			Lack of control discount			Volatility
1-Apr-2022	DCF & EAM		17	%		3	%		15	%		20	%		41.16	%
25-May-2022	DCF & EAM		17	%		3	%		15	%		20	%		41.16	%
30-Sep-2022	DCF & EAM		17	%		3	%		15	%		20	%		44.16	%
31-Mar-2023	DCF & EAM		17	%		3	%		15	%		20	%		46.62	%
30-Sep-2023	DCF & EAM		18	%		3	%		10	%		20	%		42.41	%
31-Jul-2024	DCF & EAM		16	%		3	%		3	%		20	%		38.16	%

The equity value at 100% basis is determined using DCF method based on the estimates of cash flows as of the grant date discounted using an appropriate discount rate, having considered relevant risk factors. Volatility is determined based on the average annualized standard deviation of the historical stock prices of listed comparable companies.

Consolidated Statements of Changes In Equity (Deficit) - USD ($)

Precapitalization [member]

Issued capital [member]

Precapitalization [member]

Share premium [member]

Precapitalization [member]

Capital reserve [member]

Precapitalization [member]

Warrant reserve [member]

Precapitalization [member]

Reserve of exchange differences on translation [member]

Precapitalization [member]

Share option reserve [member]

Precapitalization [member]

Retained earnings [member]

Precapitalization [member]

Recapitalization [member]

Issued capital [member]

Recapitalization [member]

Share premium [member]

Recapitalization [member]

Capital reserve [member]

Recapitalization [member]

Warrant reserve [member]

Recapitalization [member]

Reserve of exchange differences on translation [member]

Recapitalization [member]

Share option reserve [member]

Recapitalization [member]

Retained earnings [member]

Recapitalization [member]

Issued capital [member]

Share premium [member]

Capital reserve [member]

Warrant reserve [member]

Reserve of exchange differences on translation [member]

Share option reserve [member]

Retained earnings [member]

Total

Balance at Mar. 31, 2022

$ 3,725,301

$ 4,323

$ 499,808

$ (15,041,816)

$ (10,812,384)

Balance, shares at Mar. 31, 2022

11,582

Exchange gain on translation of foreign operations

Loss for the year

(9,257,598)

$ (9,257,598)

1,680

Total comprehensive loss for the year

1,680

(9,257,598)

(9,255,918)

584,462

Recapitalization of DSL

$ (3,724,826)

$ 3,724,826

Sub-total after recapitalization

4,737,038

$ 475

3,724,826

6,003

1,084,270

(24,299,414)

(19,483,840)

4,748,620

Balance, shares at Mar. 31, 2023

4,748,620

Balance at Mar. 31, 2023

$ 3,725,301

6,003

1,084,270

(24,299,414)

(19,483,840)

$ 475

3,724,826

6,003

1,084,270

(24,299,414)

(19,483,840)

11,582

9,497,240

Exchange gain on translation of foreign operations

Loss for the year

(4,871,387)

(7,684)

Total comprehensive loss for the year

(7,684)

(4,871,387)

(4,879,071)

1,352,787

Recapitalization of DSL

$ (3,752,192)

3,752,192

Sub-total after recapitalization

4,755,034

$ 477

3,752,192

(1,681)

2,409,689

(29,170,801)

(23,010,124)

4,766,660

Exercise of share option awards (pre-recapitalization)

4,766,661

$ 27,368

(27,368)

Sub-total

$ 477

3,752,192

(1,681)

2,409,689

(29,170,801)

(23,010,124)

Balance, shares at Mar. 31, 2024

4,766,661

Balance at Mar. 31, 2024

$ 3,752,669

(1,681)

2,409,689

(29,170,801)

(23,010,124)

$ 477

3,752,192

(1,681)

2,409,689

(29,170,801)

(23,010,124)

11,626

9,533,322

Exchange gain on translation of foreign operations

Loss for the year

(5,212,879)

Total comprehensive loss for the year

(5,212,879)

(5,212,849)

859,685

Recapitalization of DSL

$ (5,126,150)

5,126,150

Sub-total after recapitalization

6,853,204

$ 687

5,126,150

6,653,200

(1,681)

2,382,321

(29,170,801)

(15,010,124)

6,869,960

Exercise of share option awards (pre-recapitalization)

6,869,961

$ 27,368

(27,368)

Sub-total

$ 687

5,126,150

6,653,200

(1,681)

2,382,321

(29,170,801)

(15,010,124)

Capital Raise (as defined in note 1.2)

6,869,961

$ 1,346,800

6,653,200

8,000,000

Exercise of share option awards (post-recapitalization)

5,086

$ 50

1,768,661

(1,768,661)

$ 50

^[1]

$ 1,768,661

^[1]

Forfeiture of share option

1,003,680

(397,000)

397,000

129

5,610,871

5,611,000

2,583,820

117

6,133,664

6,133,781

Capitalization of loan from immediate holding company

2,347,134

2,999,963

3,000,000

Initial public offering and exercise of overallotment options

731,707

130

9,176,277

9,176,407

Issuance of IPO Warrants (as defined in note 1.2)

2,587,500

72,610,000

(72,610,000)

Balance at Mar. 31, 2025

$ 5,126,837

$ 6,653,200

$ (1,681)

$ 2,382,321

$ (29,170,801)

$ (15,010,124)

$ 687

$ 5,126,150

$ 6,653,200

$ (1,681)

$ 2,382,321

$ (29,170,801)

$ (15,010,124)

$ 1,150

$ 25,689,436

$ 5,126,150

$ 79,263,200

$ (1,651)

$ 1,076,345

$ (106,596,680)

$ 4,557,950

Balance, shares at Mar. 31, 2025

16,756

13,739,922

22,993,763

[1]	In August 2024, the Company issued 1,003,680 shares to certain employees via the exercising of vested employee share options. These shares rank pari passu with the Ordinary Shares in all respects.

SCHEDULE OF OTHER INCOME, GAINS OR LOSSES (Details) (Parenthetical) - USD ($)

12 Months Ended

Dec. 20, 2024

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Jul. 15, 2025

Jan. 27, 2025

Jan. 23, 2025

Jan. 21, 2025

Aug. 03, 2024

Jul. 26, 2024

Jul. 15, 2024

Jul. 31, 2021

Gain (loss) on fair value of preferred shares

2,347,134

731,707

^[1]

$ 4,117,648

$ 4,101,000

$ (1,841,000)

Borrowings, interest rate basis

2,583,820

2,587,500

1:1

Convertible loan, percentage

8.00%

Loss on fair value convertible loan notes

$ 639,000

374,000

19,000

Loss on fair value convertible loan notes

^[2]

639,000

374,000

$ 19,000

Notional amount

$ 4,350,000

4,117,648

$ 1,000,000

Interest payable

751,781

$ 347,342

$ 3,530,019

$ 5,101,781

$ 0

$ 4,350,000

$ 3,000,000

Number of converted shares issued

$ 2.17

$ 0.00005

2,347,134

731,707

2,583,820

Issued capital, preference shares

1,291,910

3,000

$ 6,000,000

2,583,820

Notes and other explanatory information [abstract]

$ 0.00005

[1]	In July 2021, DSL allotted 3,000 Preferred Shares to a new shareholder for a consideration of $6,000,000. Preferred Shares were fair valued, using an equity allocation model at the end of each reporting period, which resulted in a gain of $4,117,648 for the year ended 31 March 2025 (2024: gain of $4,101,000; 2023: loss of $1,841,000).
[2]	The Group issued 8% convertible loan notes. The notes were fair valued, using binomial option pricing model, at the end of each reporting period, resulting in a loss of $639,000 for the year ended 31 March 2025 (2024: loss of $374,000; 2023: loss of $19,000).

Deferred REVENUES (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF DEFERRED REVENUES

	At		At
	31 March 2025		31 March 2024
	USD		USD
Advisory service income		145,760		52,950
Customization income		42,600		122,200
Subscription fee income		317,064		147,676
Deferred revenues		505,424		322,826

SCHEDULE OF SHARE CAPITAL (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

$ 5,382,000

$ 3,350,000

Issued capital [member]

Pre-recapitalized balance, shares

$ 3,752,669

$ 3,725,301

11,626

11,582

Share exchange of DSL (1:410 exchange ratio), shares

^[1]

$ (5,126,150)

$ (3,752,192)

$ (3,724,826)

^[1]

6,853,204

4,755,034

4,737,038

Pre recapitalized Sub-total, shares

$ 687

$ 477

$ 475

6,869,960

4,766,660

4,748,620

Share Subdivision, shares

^[2]

^[2]

6,869,961

4,766,661

4,748,620

Balance at 31 March 2023 recapitalized, shares

$ 475

9,497,240

Exercise of share option awards (pre-recapitalization)

$ 27,368

^[3]

$ 27,368

^[4]

Exercise of share option awards pre-capitalization, shares

^[3]

^[4]

Pre-capitalized balance, shares

$ 5,126,837

$ 3,752,669

$ 3,725,301

16,756

11,626

11,582

Founding share of the Company, shares

Post recapitalized sub-total, shares

$ 687

$ 477

6,869,961

4,766,661

Recapitalized balance, shares

$ 687

$ 477

13,739,922

9,533,322

Exercise of share option awards pre-capitalization, shares

^[5]

$ 1,346,800

^[5]

5,086

Exercise of share option awards (post-recapitalization)

^[6]

$ 50

Exercise of share option awards post-capitalization, shares

^[6]

1,003,680

Conversion of Preferred Shares, shares

^[7]

$ 129

^[7]

2,583,820

Conversion of convertible loan notes, shares

^[7]

$ 117

^[7]

2,347,134

Capitalization of loan from immediate holding company

^[8]

$ 37

Capitalization of loan from immediate holding company, shares

^[8]

731,707

IPO and Exercise of overallotment option, shares

^[9]

$ 130

^[9]

2,587,500

Issuance of IPO Warrants, shares

^[10]

^[10]

Recapitalized balance, shares

$ 1,150

$ 687

$ 477

22,993,763

Share premium [member]

^[1]

^[2]

Exercise of share option awards (pre-recapitalization)

^[3]

^[4]

Exercise of share option awards (post-recapitalization)

^[5]

^[6]

1,768,661

^[7]

5,610,871

Capitalization of loan from immediate holding company

^[7]

6,133,664

^[8]

2,999,963

^[9]

9,176,277

^[10]

25,689,436

Capital reserve [member]

^[1]

5,126,150

3,752,192

3,724,826

5,126,150

3,752,192

3,724,826

^[2]

Exercise of share option awards (pre-recapitalization)

3,724,826

^[3]

^[4]

5,126,150

3,752,192

5,126,150

3,752,192

Exercise of share option awards (post-recapitalization)

^[5]

^[6]

^[7]

Capitalization of loan from immediate holding company

^[7]

^[8]

^[9]

^[10]

5,126,150

3,752,192

Warrant reserve [member]

^[1]

6,653,200

^[2]

Exercise of share option awards (pre-recapitalization)

^[3]

^[4]

6,653,200

6,653,200

6,653,200

Exercise of share option awards (post-recapitalization)

^[5]

6,653,200

^[6]

^[7]

Capitalization of loan from immediate holding company

^[7]

^[8]

^[9]

^[10]

72,610,000

Share Capital Net Of Capital Reserve And Warrant Reserve [member]

79,263,200

6,653,200

3,752,669

3,725,301

^[1]

11,780,037

3,752,669

3,725,301

^[2]

Exercise of share option awards (pre-recapitalization)

3,725,301

27,368

^[3]

27,368

^[4]

11,780,037

3,752,669

3,725,301

11,780,037

3,752,669

11,780,037

3,752,669

Exercise of share option awards (post-recapitalization)

^[5]

8,000,000

^[6]

1,768,711

^[7]

5,611,000

Capitalization of loan from immediate holding company

^[7]

6,133,781

^[8]

3,000,000

^[9]

9,176,407

^[10]

72,610,000

Notes and other explanatory information [abstract]

$ 110,079,936

$ 11,780,037

$ 3,752,669

[1]	On 15 July 2024, the Company completed a Share Exchange Transaction (the “Transaction”) with DSL and each of the shareholders of DSL. Prior to the Transaction, the Company had issued one founding share with a par value of USD 0.0001 and was a newly incorporated entity without material business activities, while DSL was the parent of the DSL Group. The Transaction resulted in the Company becoming the immediate holding company of DSL and DSL became a wholly owned subsidiary of the Company. The Transaction resulted in one share in DSL being exchanged for four hundred and ten (410) Ordinary Shares.
[2]	On 26 July 2024, the authorized share capital of the Company changed to USD50,000 divided into 960,000,000 Ordinary Shares of USD0.00005 par value each and 40,000,000 Preferred Shares of USD0.00005 par value each (the “Share Subdivision”). The Share Subdivision resulted in the shareholding of each Company shareholder increasing by a multiple of two.
[3]	In April 2024, DSL issued 44 shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.
[4]	In October 2023, DSL issued 44 ordinary shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.
[5]	On May 27, 2024, DSL Group completed the Capital Raise and DSL allotted 5,086 ordinary shares and 10,172 warrants to Rhino Ventures. The warrants have a fair value of $6,653,200 and $1,346,800 being allocated to share capital with a total value recognized in reserves of $8,000,000. These shares equate to 4,170,520 shares post the Recapitalization.
[6]	In August 2024, the Company issued 1,003,680 shares to certain employees via the exercising of vested employee share options. These shares rank pari passu with the Ordinary Shares in all respects.
[7]	On December 20, 2024, the Company’s registration statement Form F-1 being declared effective by the SEC. This resulted in outstanding Preferred Shares converting into 2,583,820 Ordinary Shares on a 1:1 basis. All the outstanding convertible loan notes with an aggregate face value of $4,350,000 and accrued interest of $751,781, totaling $5,101,781, also converted into Ordinary Shares at a conversion price of $2.17 resulting in the issuance of 2,347,134 Ordinary Shares.
[8]	Pursuant to a triparty loan agreement dated September 30, 2024, $3.0 million loan from Rhino Ventures was capitalized through the issuance of 731,707 Ordinary Shares.
[9]	On January 23, 2025, the Company closed on its IPO of 2,250,000 ordinary shares, par value $0.00005 per share, at a public offering price of $4.10 per ordinary share, for total gross proceeds of $9,225,000, before deducting underwriting discounts, commissions, and other related expenses. The net proceeds amounted to $7,747,756.
[10]	On January 23, 2025, the Company issued Rhino Ventures 6 tranches of the IPO Warrants (as defined in note 21.2) , with each tranche comprising 2,250,000 warrants, in connection with the IPO. For details, please refer to note 21.2.

OTHER INCOME, GAINS or (LOSSES) (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF OTHER INCOME, GAINS OR LOSSES

		Year ended			Year ended			Year ended
	Notes	31 March 2025			31 March 2024			31 March 2023
		USD			USD			USD
Fair value change
Preferred Shares	(a)		4,117,648			4,101,000			(1,841,000	)
Convertible loan notes	(b)		(639,000	)		(374,000	)		(19,000	)
Bank interest income			85			873			576
Subsidies from government authorities			22,454			19,230			67,433
Others			13			6,885			29,581
Fair value change			3,501,200			3,753,988			(1,762,410	)

(a)

In July 2021, DSL allotted 3,000 Preferred Shares to a new shareholder for a consideration of $6,000,000. Preferred Shares were fair valued, using an equity allocation model at the end of each reporting period, which resulted in a gain of $4,117,648 for the year ended 31 March 2025 (2024: gain of $4,101,000; 2023: loss of $1,841,000).

On December 20, 2024, following the Company’s registration statement Form F-1 being declared effective by the SEC, the outstanding 2,583,820 Preferred Shares were converted into Ordinary Shares on a 1:1 basis with 2,583,820 Ordinary Shares being issued. No Preferred Shares outstanding as of March 31, 2025.

(b)

The Group issued 8% convertible loan notes. The notes were fair valued, using binomial option pricing model, at the end of each reporting period, resulting in a loss of $639,000 for the year ended 31 March 2025 (2024: loss of $374,000; 2023: loss of $19,000).

On December 20, 2024, following the Company’s registration statement being declared effective by the SEC, all the outstanding Notes with an aggregate face value of $4,350,000 and accrued interest of $751,781, totaling $5,101,781, were converted into Ordinary Shares at a conversion price of $2.17 resulting in the issuance of 2,347,134 Ordinary Shares. No Notes outstanding as of March 31, 2025.

SCHEDULE OF MOVEMENT OF SHARE OPTION RESERVE (Details) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Share option reserve, beginning balance	$ 2,409,689	$ 1,084,270	$ 499,808
Additions	859,685	1,352,787	584,462
Exercised	(1,796,029)	(27,368)
Expired	(397,000)
Share option reserve, ending balance	$ 1,076,345	$ 2,409,689	$ 1,084,270

MATERIAL ACCOUNTING POLICY INFORMATION (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023	Jan. 21, 2025	Dec. 20, 2024	Jul. 15, 2024	Jul. 31, 2021
IfrsStatementLineItems [Line Items]
Shares issued				731,707	2,347,134
Description of shares exchange swap	The exchange ratio being the combination of the share exchange swap of one ordinary share of DSL for 410 Ordinary Shares multiplied by a factor of two to reflect the Share Subdivision and one series A preferred share of DSL for 410 Preferred Shares multiplied by a factor of two to reflect the Share Subdivision.
Research and development expenditure	$ 0	$ 0	$ 0
Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Shares issued						6,869,960
Preference shares [member]
IfrsStatementLineItems [Line Items]
Shares issued						1,291,910	3,000

SCHEDULE OF TRADE PAYABLES, OTHER PAYABLES AND ACCRUALS (Details) - USD ($)

Mar. 31, 2025

Mar. 31, 2024

Notes and other explanatory information [abstract]

Trade payables

$ 200,660

$ 788,798

Other payables

11,852

11,057

Accruals

^[1]

695,022

585,813

Total

$ 907,534

$ 1,385,668

[1]	Accruals include audit fees, professional fees, holiday pay accruals for employees, and others associated with the on-going running of the Group. Increase from 31 March 2024 is mainly due to additional accrued audit fees.

SCHEDULE OF FAIR VALUE OF IPO WARRANTS (Details)	Jan. 23, 2025 $ / shares
Tranche One [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	6 months
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.27%
Dividend yield	0.00%
Volatility	30.66%
Tranche Two [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	9 months
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.23%
Dividend yield	0.00%
Volatility	32.79%
Tranche Three [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	1 year
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.18%
Dividend yield	0.00%
Volatility	33.25%
Tranche Four [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	1 year 3 months
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.21%
Dividend yield	0.00%
Volatility	32.83%
Tranche Five [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	1 year 6 months
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.23%
Dividend yield	0.00%
Volatility	32.81%
Tranche Six [member]
IfrsStatementLineItems [Line Items]
Time to expiry (year)	2 years
Closing Spot price on January 23	$ 12.75
Risk-free rate	4.29%
Dividend yield	0.00%
Volatility	33.05%

SCHEDULE OF PLANT AND EQUIPMENT (Details) - USD ($)	12 Months Ended
SCHEDULE OF PLANT AND EQUIPMENT (Details) - USD ($)	Mar. 31, 2024	Mar. 31, 2025	Apr. 01, 2023
Notes and other explanatory information [abstract]
Cost, balance	$ 5,038	$ 5,038	$ 5,038
Accumulated depreciation, balance	(5,038)	(5,038)	$ (1,342)
Accumulated depreciation, charge for the year	3,696
Plant and equipment, net

LOSS PER SHARE

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

LOSS PER SHARE

10 LOSS PER SHARE

SCHEDULE OF LOSS PER SHARE

	Year ended			Year ended			Year ended
	31 March 2025			31 March 2024			31 March 2023
	USD			USD			USD
Loss for the year
Loss for the year for the purpose of basic loss per share		(5,212,879	)		(4,871,387	)		(9,257,598	)
Effect of dilutive potential ordinary shares:
Fair value change of Preferred Shares		(4,117,648	)		(4,101,000	)		N/A
Loss for the year for the purpose of diluted loss per share		(9,330,527	)		(8,972,387	)		(9,257,598	)
Number of shares
Weighted average number of ordinary shares for the purpose of basic loss per share – post-recapitalization		15,664,305			9,514,886			9,497,240
Effect of dilutive potential ordinary shares:
Preferred Shares – post-recapitalization		1,861,766			2,460,000			N/A
Weighted average number of ordinary shares for the purpose of diluted loss per share – post-recapitalization		17,526,071			11,974,886			9,497,240

Due to the losses during the years ended 31 March 2023, 2024 and 2025, certain anti-dilutive instruments were excluded from the calculation of diluted loss per share. The excluded instruments (post-recapitalization), which are determined as anti-dilutive, include:

	●	Share option awards of 780,058 at 31 March 2025; 2024: 1,585,880 (pre- capitalization 1,943), (2023: 1,266,900 (pre-capitalization: 1,545), see note 23;
	●	Preferred shares of 3,000 shares, with recapitalized amount of 2,460,000, at 31 March 2023 (2024 and 2025: N/A), see note 17; and
	●	Convertible loan notes with aggregate face values of $3,350,000 and $3,250,000 31 March 2024 and 2023, respectively, see note 18.

FINANCE COSTS, NET (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF FINANCE COSTS, NET

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Interest on
Convertible loan notes		238,960		266,520		80,822
Loan from immediate holding company		129,423		187,584		78,926
Loan from a related company		24,548		80,219		60,712
Lease liabilities		17,236		18,328		-
Finance costs		410,167		552,651		220,460

SCHEDULE OF TRANSACTIONS WITH OTHER RELATED PARTIES (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Jan. 21, 2025

Dec. 20, 2024

Sep. 30, 2024

Write-off of due from related company

Subscription fee income

^[1]

$ 42,680

$ 71,333

$ 387,751

Consultancy fee

^[2]

260,417

250,000

^[3]

81,347

Share-based payments expenses on anti-dilution issuance of Preferred Shares

^[4],[5]

369,648

Loans from immediate holding company

^[6]

24,548

80,219

60,712

^[7]

129,423

187,584

78,926

^[8]

$ 238,960

$ 266,520

$ 80,822

Capitalized loan

$ 3,000,000

$ 3,500,000

731,707

2,347,134

Notes and other explanatory information [abstract]

731,707

[1]	During the year ended 31 March 2025, the Group entered into sales agreements with certain shareholders amounting to $42,680 in revenue generated (2024: $71,333; 2023: $387,751).
[2]	During the year ended 31 March 2025, Miles Pelham, controller of Rhino Ventures, engaged as a contractor to provide management services in return for a fee of $260,417 (2024: $250,000; 2023: $250,000).
[3]	During the year ended 31 March 2024, the Group has fully written off the amount due from a related company, Diginex (Holdings) Limited, a company controlled by Rhino Ventures, of $81,347 (2025 and 2023: $Nil).
[4]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[5]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[6]	The Group had a loan with a principal of $
[7]	The Group had a loan outstanding from immediate holding company, Rhino Ventures. The loan bore an
[8]	The Group issued convertible loan notes to the shareholders of the Company. The convertible loan note bore an 8% annual interest charge and interest of $238,960 was accrued during the year ended 31 March 2025 (2024: $266,520; 2023: 80,822). The convertible loan notes were converted into ordinary shares on 20 December 2024.

SCHEDULE OF CONTRACT ASSETS (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
Trade Receivables Contract Assets Other Receivables Deposits And Prepayment
Contract Assets	$ 750	$ 69,354

COMMITMENTS (Details Narrative) - USD ($)	1 Months Ended	12 Months Ended
COMMITMENTS (Details Narrative) - USD ($)	Jun. 30, 2025	Mar. 31, 2025	Mar. 31, 2024
IfrsStatementLineItems [Line Items]
Other receivables		$ 1,066,191	$ 253,476
Nomas MOU [member]
IfrsStatementLineItems [Line Items]
Aggregate amount		800,000
Other receivables		400,000
Remaining balance		400,000
A1 Noor MOU [member]
IfrsStatementLineItems [Line Items]
Aggregate amount		650,000
Other receivables		$ 250,000
A1 Noor MOU [member] \| Non adjusting event [member]
IfrsStatementLineItems [Line Items]
Additional payable	$ 150,000

Deferred REVENUES

12 Months Ended

Mar. 31, 2025

Deferred REVENUES

15 Deferred REVENUES

SCHEDULE OF DEFERRED REVENUES

	At		At
	31 March 2025		31 March 2024
	USD		USD
Advisory service income		145,760		52,950
Customization income		42,600		122,200
Subscription fee income		317,064		147,676
Deferred revenues		505,424		322,826

At 1 April 2023, deferred revenues amounted to $335,666.

Deferred revenues relate to revenues that have been invoiced to the client but not yet earned. The deferred revenues are expected to be recognized as revenue in the next 12 months.

SCHEDULE OF SUBSIDIARIES (Details)

12 Months Ended

Mar. 31, 2025

$ / shares

Mar. 31, 2024

$ / shares

Mar. 31, 2025

£ / shares

Jan. 23, 2025

$ / shares

Jan. 21, 2025

Dec. 20, 2024

$ / shares

Sep. 30, 2024

$ / shares

Jul. 26, 2024

$ / shares

Jul. 15, 2024

Mar. 31, 2024

£ / shares

Mar. 31, 2022

Jul. 31, 2021

731,707

2,347,134

$ 0.00005

$ 2.17

6,869,960

$ 0.00005

1,291,910

3,000

$ 0.00005

Place of incorporation and operation

^[1]

Hong Kong

Principal activities

^[1]

Provision of ESG reporting solutions services

Percentage of ownership interest

^[1]

100.00%

Diginex Solutions (HK) Limited [member] | Ordinary shares [member]

$ 0.00005

Diginex Solutions (HK) Limited [member] | Preference shares [member]

19,907

^[1]

11,626

^[1]

19,907

^[1]

11,626

^[1]

314

Diginex USA, LLC [member]

^[1]

3,000

Place of incorporation and operation

United States of America

Principal activities

Provision of ESG reporting solutions services

Percentage of ownership interest

100.00%

Diginex USA, LLC [member] | Class A units [member]

1,000

Diginex Services Limited [member]

$ 10

Place of incorporation and operation

United Kingdom

Principal activities

Provision of ESG reporting solutions services

Par value per share | £ / shares

£ 0.01

Percentage of ownership interest

100.00%

Diginex Services Limited [member] | Ordinary shares [member]

Diginex Services Limited [member] | Preference shares [member]

$ 0.01

Notes and other explanatory information [abstract]

$ 0.01

[1]	In September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares of DSL at a ratio of 1 preferred share to 1 ordinary share.

SCHEDULE OF KEY MANAGEMENT COMPENSATION (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Basic salaries, allowances and all benefits-in-kind

^[1]

$ 1,616,693

$ 1,514,495

$ 1,304,369

Pension costs - defined contribution plans

6,924

7,308

7,885

Share-based payments

782,338

1,324,067

410,912

Key management compensation

$ 2,405,955

$ 2,845,870

$ 1,723,166

[1]	Basic salaries, allowances and all benefits-in-kind include a payment of $260,417 to the Chairman of Diginex. The Chairman is also the controller of a related party, Rhino Ventures Limited.

SCHEDULE OF CURRENT INCOME TAXES (Details) - USD ($)	12 Months Ended
SCHEDULE OF CURRENT INCOME TAXES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Loss before taxation	$ (5,212,879)	$ (4,862,470)	$ (9,257,598)
Notional tax calculated at the rates applicable to profits in the tax jurisdictions concerned	(381,348)	(821,825)	(1,555,403)
Tax effect of expenses that are not deductible	215,019	405,775	451,111
Tax effect of income that are not taxable		(676,665)
Tax effect of tax losses not recognized	166,329	1,092,715	1,104,292
Under-provision in prior years		8,917
Income tax expense		$ 8,917

- Definition

The aggregate amount included in the determination of profit (loss) for the period in respect of current tax and deferred tax. [Refer: Current tax expense (income); Deferred tax expense (income)]

+ References + Details

PLANT AND EQUIPMENT

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

PLANT AND EQUIPMENT

12 PLANT AND EQUIPMENT

SCHEDULE OF PLANT AND EQUIPMENT

	Computer equipment
	USD
Cost:
At 1 April 2023, 31 March 2024 and 31 March 2025		5,038
Accumulated depreciation:
At 1 April 2023		(1,342	)
Charge during 2024		(3,696	)
At 31 March 2024 and 31 March 2025		(5,038	)
Net carrying amount:
At 31 March 2024 and 31 March 2025		-

Depreciation is recognized so as to write off the cost of assets less their residual values over their estimated useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis. Estimated useful lives of plant and equipment are as follows:

Office equipment

5 years

OTHER RESERVES (Details Narrative) - USD ($)	12 Months Ended
OTHER RESERVES (Details Narrative) - USD ($)	Mar. 31, 2025	Jan. 23, 2025	Jan. 21, 2025	Dec. 20, 2024	Sep. 30, 2024	Jul. 31, 2024	May 31, 2024	May 27, 2024
IfrsStatementLineItems [Line Items]
Shares issued			731,707	2,347,134
Number of ordinary shares, percentage							51.00%
Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Shares issued			731,707
Warrants [member]
IfrsStatementLineItems [Line Items]
Shares issued		2,250,000					4,170,520
Warrants [member] \| Diginex Solutions (HK) Limited [member]
IfrsStatementLineItems [Line Items]
Shares issued						4,170,520
Warrants exercise price						$ 6.13
Rhino Ventures Limited [member] \| Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Shares issued					731,707		5,086	5,086
Rhino Ventures Limited [member] \| Warrants [member]
IfrsStatementLineItems [Line Items]
Shares issued							10,172	10,172
Warrants exercise price							$ 2,512
Rhino Ventures Limited [member] \| Warrants [member] \| Diginex Solutions (HK) Limited [member]
IfrsStatementLineItems [Line Items]
Shares issued								10,172
Recapitalization [member]
IfrsStatementLineItems [Line Items]
Increase decrease in equity recapitalization	$ 5,126,150

COMMITMENTS

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

COMMITMENTS

27 COMMITMENTS

Pursuant to the Nomas MOU, Diginex has agreed pay fixed non-refundable fees in an aggregate amount of $800,000, with the initial payment of $400,000 paid upon signing of the Nomas MOU and the remaining balance of $400,000, as held under escrow and recognized as a restricted bank balance, to be released in equal installments upon the occurrence of three defined milestones via an escrow arrangement. The Nomas MOU also provides that the Company shall pay success fees upon achieving certain capital raise targets and the successful listing of the Company’s securities on the ADX.

Pursuant to the Al Noor MOU, Diginex has agreed to fees in an aggregate amount of $650,000, with the initial payment of $250,000 paid upon signing of the Al Noor MOU, an additional amount of $150,000 was paid in June 2025 and the remaining fees in equal installments upon the occurrence of three defined milestones. The Al Noor MOU also provides that the Company shall pay success fees upon achieving certain capital raise targets and the successful listing the Company s securities on the ADX.

Consolidated Statements of Profit or Loss and Other Comprehensive Loss - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Profit or loss [abstract]
Revenue	$ 2,040,602	$ 1,299,538	$ 1,625,763
General and administrative expenses	(10,344,514)	(9,363,345)	(8,900,491)
OPERATING LOSS	(8,303,912)	(8,063,807)	(7,274,728)
Other income, gains or (losses)	3,501,200	3,753,988	(1,762,410)
Finance cost, net	(410,167)	(552,651)	(220,460)
LOSS BEFORE TAX	(5,212,879)	(4,862,470)	(9,257,598)
Income tax expense		(8,917)
LOSS FOR THE YEAR	(5,212,879)	(4,871,387)	(9,257,598)
Items that may be reclassified subsequently to profit or loss:
Exchange gain (loss) on translation of foreign operations	30	(7,684)	1,680
TOTAL COMPREHENSIVE LOSS FOR THE YEAR	$ (5,212,849)	$ (4,879,071)	$ (9,255,918)
LOSS PER SHARE ATTRIBUTABLE TO THE ORDINARY EQUITY HOLDERS OF THE COMPANY
Basic loss per share	$ (0.33)	$ (0.51)	$ (0.97)
Diluted loss per share	$ (0.53)	$ (0.75)	$ (0.97)

REVENUE (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF REVENUE

An analysis of the Group’s revenue for the reporting periods are as follows:

SCHEDULE OF REVENUE

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
At a point-in-time:
Software license fee		900,000		-		-
Customization		462,569		695,243		1,019,064
Advisory service income		274,420		160,085		-
Revenue		1,636,989		855,328		1,019,064
Over time:
Advisory service income		-		-		248,497
Software subscription fee		403,613		444,210		358,202
Revenue		403,613		444,210		606,699
Revenue		2,040,602		1,299,538		1,625,763

SCHEDULE OF VALUATION TECHNIQUES (Details) - USD ($)

Mar. 31, 2025

Mar. 31, 2024

Convertible loan notes (Note )

Preferred shares (Note )

$ 9,359,000

3,743,000

Valuation Techniques [member]

Convertible loan notes (Note )

Preferred shares (Note )

^[1]

9,359,000

^[2]

$ 3,743,000

[1]

[2]

A 1% increase in the discount rate used in isolation would result in a minimal decrease in the fair value measurement of the convertible loan notes, and vice versa.

SCHEDULE OF AWARDS GRANTED (Details)

12 Months Ended

Mar. 31, 2025

$ / shares

25-Apr-2022 [member]

0.10%

^[1]

25-Apr-2022

^[1]

31-Mar-2023

^[1]

$ 3.924

^[1]

25-May-2022 [member]

0.10%

25-May-2022

5-Nov-2023

$ 3.924

26-Sep-2022 [member]

1.00%

^[1]

26-Sep-2022

^[1]

25-Sep-2025

^[1]

$ 4.254

^[1]

18-Oct-2022 [member]

0.10%

^[2]

18-Oct-2022

^[2]

1-Sep-2024

^[2]

$ 4.287

^[2]

23-Nov-2022 [member]

0.20%

^[2]

23-Nov-2022

^[2]

1-Jul-2023

^[2]

$ 4.354

^[2]

12-Jan-2023 [member]

0.05%

^[2]

12-Jan-2023

^[2]

1-Jul-2023

^[2]

$ 4.446

^[2]

1-May-2023 [member]

1.00%

^[3]

1-May-2023

^[3]

30-Apr-2026

^[3]

$ 4.321

^[3]

8-Aug-2023 [member]

2.40%

^[3]

8-Aug-2023

^[3]

8-Aug-2023

^[3]

$ 3.460

^[3]

1-Sep-2023 [member]

0.20%

^[3]

1-Sep-2023

^[3]

30-Apr-2026

^[3]

$ 3.251

^[3]

31-Jul-2024 [member]

31-Jul-2024

27-Aug-2026

Number of share options award to vest | shares

$ 2.098

65,426

31-Jul-2024 One [member]

31-Jul-2024

31-Jul-2027

Number of share options award to vest | shares

$ 2.098

303,400

21-Aug-2024 [member]

50.00%

^[4]

21-Aug-2024

^[4]

30-Apr-2026

^[4]

Notes and other explanatory information [abstract]

$ 2.098

^[4]

[1]	Fair value of the DSL Awards as of 25 April 2022 and 26 September 2022 is approximated to that as of 1 April 2022 and 30 September 2022, respectively.
[2]	Fair values of the DSL Awards as of 18 October 2022, 23 November 2022 and 12 January 2023 are determined using interpolation method between the fair values determined on 30 September 2022 and 31 March 2023.
[3]	Fair values of the DSL Awards as of 1 May 2023, 8 August 2023 and 1 September 2023 are determined using the interpolation method between the fair values determined on 31 March 2023 and 30 September 2023.
[4]	Fair value of the Awards as of 21 August 2024 is with reference to the fair values determined on 31 July 2024.

SCHEDULE OF LOSS PER SHARE (Details) - USD ($)	12 Months Ended
SCHEDULE OF LOSS PER SHARE (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Loss for the year for the purpose of basic loss per share	$ (5,212,879)	$ (4,871,387)	$ (9,257,598)
Fair value change of preferred shares	(4,117,648)	(4,101,000)
Loss for the year for the purpose of diluted loss per share	$ (9,330,527)	$ (8,972,387)	$ (9,257,598)
Weighted average number of ordinary shares for the purpose of basic loss per share – post-recapitalization	15,664,305	9,514,886	9,497,240
Preferred shares - post-recapitalization	1,861,766	2,460,000	2,460,000
Weighted average number of ordinary shares for the purpose of diluted loss per share – post-recapitalization	17,526,071	11,974,886	9,497,240

- Definition

The total of income less expenses from continuing and discontinued operations, excluding the components of other comprehensive income. [Refer: Other comprehensive income]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 7
-IssueDate 2024-01-01
-Paragraph 18
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=7&code=ifrs-tx-2024-en-r&anchor=para_18_b&doctype=Standard
-URIDate 2024-03-27

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 1
-IssueDate 2024-01-01
-Paragraph 32
-Subparagraph a
-Clause ii
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2024-en-r&anchor=para_32_a_ii&doctype=Standard
-URIDate 2024-03-27

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 1
-IssueDate 2024-01-01
-Paragraph 24
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=1&code=ifrs-tx-2024-en-r&anchor=para_24_b&doctype=Standard
-URIDate 2024-03-27

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 28
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_28_b&doctype=Standard
-URIDate 2024-03-27

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 23
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_23&doctype=Standard
-URIDate 2024-03-27

Reference 6: http://www.xbrl.org/2003/role/exampleRef
-Name IFRS
-Number 12
-IssueDate 2024-01-01
-Paragraph B10
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B
-URIDate 2024-03-27

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Name IFRS
-Number 17
-IssueDate 2024-01-01
-Paragraph 113
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=17&code=ifrs-tx-2024-en-r&anchor=para_113_b&doctype=Standard
-URIDate 2024-03-27

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 81A
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_81A_a&doctype=Standard
-URIDate 2024-03-27

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 106
-Subparagraph d
-Clause i
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_106_d_i&doctype=Standard
-URIDate 2024-03-27

+ Details

FINANCE COSTS, NET

12 Months Ended

Mar. 31, 2025

FINANCE COSTS, NET

8 FINANCE COSTS, NET

SCHEDULE OF FINANCE COSTS, NET

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Interest on
Convertible loan notes		238,960		266,520		80,822
Loan from immediate holding company		129,423		187,584		78,926
Loan from a related company		24,548		80,219		60,712
Lease liabilities		17,236		18,328		-
Finance costs		410,167		552,651		220,460

SHARE-BASED PAYMENTS (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF AWARDS GRANTED

Details of the Awards granted during the years ended March 31, 2023, 2024 and 2025:

SCHEDULE OF AWARDS GRANTED

Number of/% of
share option

Fair value per

Grant dates

award to vest

Vesting periods

option at grant date

From

USD

25-Apr-2022

0.10

25-Apr-2022

31-Mar-2023

3.924 (recapitalized)

25-May-2022

0.10

25-May-2022

5-Nov-2023

3.924 (recapitalized)

26-Sep-2022

1.00

26-Sep-2022

25-Sep-2025

4.254 (recapitalized)

18-Oct-2022

0.10

18-Oct-2022

1-Sep-2024

4.287 (recapitalized)

23-Nov-2022

0.20

23-Nov-2022

1-Jul-2023

4.354 (recapitalized)

12-Jan-2023

0.05

12-Jan-2023

1-Jul-2023

4.446 (recapitalized)

1-May-2023

***

1.00

1-May-2023

30-Apr-2026

4.321 (recapitalized)

8-Aug-2023

***

2.40

8-Aug-2023

3.460 (recapitalized)

1-Sep-2023

***

0.20

1-Sep-2023

30-Apr-2026

3.251 (recapitalized)

31-Jul-2024

65,426

31-Jul-2024

27-Aug-2026

2.098

31-Jul-2024

303,400

31-Jul-2024

31-Jul-2027

2.098

21-Aug-2024

****

0.50

21-Aug-2024

30-Apr-2026

2.098

	*	Fair value of the DSL Awards as of 25 April 2022 and 26 September 2022 is approximated to that as of 1 April 2022 and 30 September 2022, respectively.

	**	Fair values of the DSL Awards as of 18 October 2022, 23 November 2022 and 12 January 2023 are determined using interpolation method between the fair values determined on 30 September 2022 and 31 March 2023.

	***	Fair values of the DSL Awards as of 1 May 2023, 8 August 2023 and 1 September 2023 are determined using the interpolation method between the fair values determined on 31 March 2023 and 30 September 2023.

	****	Fair value of the Awards as of 21 August 2024 is with reference to the fair values determined on 31 July 2024.

SCHEDULE OF NUMBER OF UNVESTED SHARES

	Number of share options
At 1 April 2022		1,404
Additions		141
		69
		(44	)
		1,915
		1,570,219
		566,119
		(1,003,680	)
At 31 March 2023		1,545
At 31 March 2023 recapitalized		1,266,900
- weighted average exercise price	$	Nil
- number of share options exercisable		0

At 1 April 2023, based on number of DSL’s shares-in-issue		1,545
Additions		389
Exercised (note a)		(44	)
		69
		(44	)
		1,915
		1,570,219
		566,119
		(1,003,680	)
At 31 March 2024, based on number of DSL’s shares-in-issue		1,890
At 31 March 2024 recapitalized		1,549,800
- weighted average exercise price	$	Nil
- number of share options exercisable		1,380,060

At 1 April 2024, based on number of DSL’s shares-in-issue		1,890
Additions		69
Exercised (note b)		(44	)
Pre-recapitalized balance		1,915
Post-recapitalized balance		1,570,219
Additions		566,119
Exercised (note c)		(1,003,680	)
Expired		(352,600	)
At 31 March 2025, based on number of Diginex Limited’s shares-in-issue		780,058
‘- weighted average exercise price	$	0.00005
‘- number of share options exercisable		17,345

SCHEDULE OF MOVEMENT OF SHARE OPTION RESERVE

Movement of share option reserve:

	Share option reserve
	USD
At 1 April 2022		499,808
Additions		584,462
At 31 March 2023		1,084,270
Additions		1,352,787
Exercised		(27,368	)
At 31 March 2024		2,409,689
Additions		859,685
Exercised		(1,796,029	)
Expired		(397,000	)
At 31 March 2025		1,076,345

SCHEDULE OF FAIR VALUE OF THE AWARDS AND DSL AWARDS GRANTED IS ESTIMATED AT THE GRANT DATE USING DISCOUNTED

Dates of fair value	Valuation approach	Discount rate			Terminal growth rate			Lack of marketability discount			Lack of control discount			Volatility
1-Apr-2022	DCF & EAM		17	%		3	%		15	%		20	%		41.16	%
25-May-2022	DCF & EAM		17	%		3	%		15	%		20	%		41.16	%
30-Sep-2022	DCF & EAM		17	%		3	%		15	%		20	%		44.16	%
31-Mar-2023	DCF & EAM		17	%		3	%		15	%		20	%		46.62	%
30-Sep-2023	DCF & EAM		18	%		3	%		10	%		20	%		42.41	%
31-Jul-2024	DCF & EAM		16	%		3	%		3	%		20	%		38.16	%

TRADE RECEIVABLES, CONTRACT ASSETS, OTHER RECEIVABLES, DEPOSITS AND PREPAYMENT (Tables)

12 Months Ended

Mar. 31, 2025

Trade Receivables Contract Assets Other Receivables Deposits And Prepayment

SCHEDULE OF TRADE RECEIVABLES

	At		At
	31 March 2025		31 March 2024
	USD		USD
Trade receivables		1,394,545		186,966
Less: loss allowance		-		(4,632	)
Total		1,394,545		182,334

SCHEDULE OF ANALYSIS OF TRADE RECEIVABLES

An aging analysis of the trade receivables at the end of the reporting period, based on the invoice date and net of loss provision, is as follows:

	At		At
	31 March 2025		31 March 2024
	USD		USD
Less than 1 month		1,219,953		85,740
Between 1 month and 3 months		158,350		59,905
Over 3 months		16,242		36,689
Trade receivables, net		1,394,545		182,334

SCHEDULE OF LOSS ALLOWANCE FOR IMPAIRMENT OF TRADE RECEIVABLES

The movements in the loss allowance for impairment of trade receivables are as follows:

	At			At
	31 March 2025			31 March 2024
	USD			USD
At the beginning of the year		4,632			5,032
Provision for the year		-			2,200
Written off for the year		(1,788	)		-
Reversal for the year		(2,844	)		(2,600	)
At the end of the year		-			4,632

SCHEDULE OF CONTRACT ASSETS

	At		At
	31 March 2025		31 March 2024
	USD		USD
Contract Assets		750		69,354

SCHEDULE OF PREPAYMENT, DEPOSITS AND OTHER RECEIVABLES

		At		At
	Notes	31 March 2025		31 March 2024
		USD		USD
Current:
Deposits	(a)		63,914		35,261
Prepayments	(b)		351,791		34,197
Other receivables	(c)		650,486		184,018
			1,066,191		253,476
Non-current:
Deposit	(a)		45,463		35,431

(a)	Current deposits represent amounts paid to an employment agency in Germany and deposit for investor relation services. Non-current deposit of $45,463 (2024: $35,431) represents a deposit for a long-term lease of office space in Monaco. Deposit of $34,579 was originally paid by a related party and is shown as an amount due to related party.

(b)	The increase in prepayments as of 31 March 2025 primarily relates to the advance payment of the Directors and Officers (D&O) liability insurance premium, covering the period from January 2025 to December 2026. This insurance was procured subsequent to the successful completion of the IPO.

(c)	As of 31 March 2024, other receivables mainly comprised $142,633 of deferred transaction costs in connection with the IPO of the Company (the “Deferred IPO Expenses”) and an outstanding balance $41,385 with payment channel, Stripe. The Deferred IPO Expenses with an aggregate amount of $1,432,343 were deducted against share premium upon the successful closing of the IPO. Other Receivables also includes fund raising costs of $400,000 and $250,000 paid under the Nomas MOU and the Al Noor MOU, respectively.

SCHEDULE OF TRADE RECEIVABLES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Trade Receivables Contract Assets Other Receivables Deposits And Prepayment
Trade receivables	$ 1,394,545	$ 186,966
Less: loss allowance		(4,632)	$ (5,032)
Total	$ 1,394,545	$ 182,334

SCHEDULE OF CONVERTIBLE LOAN NOTES (Details) - USD ($)	Jan. 21, 2025	Dec. 20, 2024	Mar. 31, 2024
Convertible Loan Notes
Fair value of the Notes			$ 3,743,000
Accrued interest	$ 3,530,019	$ 751,781	347,342
Convertible loan notes			4,090,342
Current liabilities			3,975,534
Non-current liabilities			$ 114,808

SCHEDULE OF FAIR VALUE OF THE AWARDS AND DSL AWARDS GRANTED IS ESTIMATED AT THE GRANT DATE USING DISCOUNTED (Details)	12 Months Ended
	Mar. 31, 2025
1-Apr-2022 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	17.00%
Terminal growth rate	3.00%
Lack of marketability discount	15.00%
Lack of control discount	20.00%
Volatility	41.16%
25-May-2022 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	17.00%
Terminal growth rate	3.00%
Lack of marketability discount	15.00%
Lack of control discount	20.00%
Volatility	41.16%
30-Sep-2022 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	17.00%
Terminal growth rate	3.00%
Lack of marketability discount	15.00%
Lack of control discount	20.00%
Volatility	44.16%
31-Mar-2023 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	17.00%
Terminal growth rate	3.00%
Lack of marketability discount	15.00%
Lack of control discount	20.00%
Volatility	46.62%
30-Sep-2023 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	18.00%
Terminal growth rate	3.00%
Lack of marketability discount	10.00%
Lack of control discount	20.00%
Volatility	42.41%
31-Jul-2024 [member]
IfrsStatementLineItems [Line Items]
Valuation approach	DCF & EAM
Discount rate	16.00%
Lack of marketability discount	3.00%
Lack of control discount	20.00%
Volatility	38.16%

OTHER RESERVES

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

OTHER RESERVES

21 OTHER RESERVES

Nature and purpose of reserves

21.1 Capital reserve

The capital reserve of $5,126,150 arose from the recapitalization of the Group with the Company’s share capital issued as part of the Transaction and the impact of the Share Subdivision. This reserve ensures that the total shareholders equity both pre- and post-Transaction and the Share Subdivision remains the same as that of the DSL Group immediately before the Transaction and Share Subdivision.

21.2 Warrant reserve

Private warrants

In May 2024, the Group completed the Capital Raise with its immediate holding company, Rhino Venture. As part of this transaction, DSL allotted 5,086 ordinary shares and 10,172 warrants (the “DSL Private Warrants”) to Rhino Venture, with an exercise price of $2,512 per warrant. If fully exercised, the DSL Private Warrants will result in the issuance of such number of ordinary shares equal to 51% of the total issued and outstanding shares of the Company at the time of exercise. For partial exercise, the number of shares to be issued will be determined on a prorated basis at the time of exercise.

Following the Transaction and Recapitalization in July 2024, the DSL Private Warrants were cancelled and the Company issued 4,170,520 warrants (the “Private Warrants”) as a replacement with an exercise price of $6.13. The Private Warrants were issued on identical terms and with the same economic benefits as the DSL Private Warrants. Post the completion of the Restructuring, there was no change to the economic position of the shareholders or warrant holders.

Both the Private Warrants and the DSL Private Warrants (collectively, “Both Private Warrants”) are classified as an equity instrument on the basis that they do not include contractual obligation to deliver cash to the warrant holder, and Both Private Warrants meet the fixed-for-fixed condition by preserving the relative economic interests of both the warrant holder and the Company’s shareholders. The DSL Private Warrants were initially recognized at their fair value on the date of issuance and no subsequent remeasurement is required. The binomial option-pricing model was used to determine the fair value of the DSL Private Warrants, with key inputs and assumption set out as follow:

Grant date	May 28, 2024
Time to expiry (year)		3.00
Spot price (pre-recapitalization)	$	2,252
Risk-free rate		4.75	%
Dividend yield		0.00	%
Volatility		41.33	%

Given the Private Warrants were issued as a replacement on identical terms, no additional valuation or remeasurement was required. No Private Warrants had been exercised during the year ended March 31, 2025.

IPO warrants

On January 23, 2025, the Company issued Rhino Ventures the warrants identified below in connection with the IPO. The IPO Warrants are classified as an equity instrument on the basis that they do not include contractual obligation to deliver cash to the warrant holder, and the IPO Warrants meet the fixed-for-fixed condition by preserving the relative economic interests of both the warrant holder and the Company’s shareholders. The IPO Warrants were initially recognized at their fair value on the date of issuance and no subsequent remeasurement is required.

Tranche	Number of Warrants		Exercise Price (per share)		Expiration Date	Duration from January 23, 2025
1		2,250,000	$	5.13	July 23, 2025	6 months
2		2,250,000	$	6.15	October 23, 2025	9 months
3		2,250,000	$	7.18	January 23, 2026	12 months
4		2,250,000	$	8.20	April 23, 2026	15 months
5		2,250,000	$	10.25	July 23, 2026	18 months
6		2,250,000	$	12.30	January 23, 2027	24 months

The binomial option-pricing model was used to determine the fair value of the IPO Warrants, with key inputs and assumptions set out as follow:

Tranche	1			2			3			4			5			6
Time to expiry (year)		0.50			0.75			1.00			1.25			1.50			2.00
Closing Spot price on January 23	$	12.75		$	12.75		$	12.75		$	12.75		$	12.75		$	12.75
Risk-free rate		4.27	%		4.23	%		4.18	%		4.21	%		4.23	%		4.29	%
Dividend yield		0.00	%		0.00	%		0.00	%		0.00	%		0.00	%		0.00	%
Volatility		30.66	%		32.79	%		33.25	%		32.83	%		32.81	%		33.05	%

No IPO warrants had been exercised during the year ended March 31, 2025.

21.3 Share option reserve

The share option reserve comprises of the fair value of share option awards that have yet to vest.

21.4 Exchange reserve

Exchange reserve comprises all foreign exchange differences arising from the translation of the financial statement of foreign operation. The reserve is dealt with in accordance with the accounting policies set out in note 4.

21.5 Accumulated losses

Accumulated losses are the cumulative net loss of the Group sustained in the business.

SCHEDULE OF GENERAL AND ADMINISTRATIVE EXPENSES (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Notes and other explanatory information [abstract]

Employees’ benefits

^[1]

$ 4,817,469

$ 5,043,962

$ 5,025,450

Professional fees

^[2]

2,093,658

531,245

275,234

IT development and maintenance support

^[3]

1,452,730

2,121,539

2,661,511

Audit fee

^[4]

390,349

594,224

22,294

Travelling expenses

^[5]

377,922

514,106

28,935

Share-based payments expenses on anti-dilution issuance of Preferred Shares

^[6],[7]

369,648

Amortization and depreciation

^[8]

125,575

103,276

1,007

Others

^[9]

717,163

454,993

886,060

General and administrative expense

$ 10,344,514

$ 9,363,345

$ 8,900,491

[1]	The above includes the cost of both employees and contractors. At 31 March 2025, the Company had 26 employees and 9 contractors (2024: 22 employees and 7 contractors; 2023: 26 employees and 10 contractors).
[2]	The increases in professional fees for the years ended 31 March 2024 and 2025 were primarily attributable to legal and professional services relating to the Company’s IPO. Upon the successful closing of the IPO, certain IPO related costs were capitalized against the share premium account with the remaining balance of the IPO related costs recorded as an expense.
[3]	IT development and maintenance support costs relate, primarily, to those associated with a third party that contributes to researching, developing and maintaining the Group commercial products. The costs also include server expenses for hosting the products. Included in IT development and maintenance support, the Group incurred research and development expenses of $831,088 for the year ended 31 March 2025 (2024: $1,334,865; 2023: $2,089,914) and no research and development expenditure is recognized as an internally generated intangible asset for all years.
[4]	For the year ended 31 March 2024 and 2025, significant increase in audit fees was due to the fees associated with the Public Company Accounting Oversight Board (“PCAOB”) audits of the Company’s consolidated financial statements for the year ended 31 March 2025, 2024 and 2023 (the 2023 PCAOB audit was conducted in 2024, hence the associated costs are reflected 2024).
[5]	Whilst travelling expenses were lower than the year ended March 2024, the Company continued to travel with a focus on business development, The Company also travelled in relation to the IPO.
[6]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[7]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[8]	The increase during the year ended 31 March 2024 is primarily due to amortization expense in connection with the new office lease in Monaco entered into by the Group. The 2025 amortization represents a full year of the office lease.
[9]	Other costs include recruitment fees, insurance, bank charges, general office expenses, investor relations consultant fees, marketing and others

Consolidated Statements of Financial Position - USD ($)	Mar. 31, 2025	Mar. 31, 2024
ASSETS
Right-of-use assets	$ 225,672	$ 357,202
Rental deposit	45,463	35,431
Plant and equipment
Total non-current assets	271,135	392,633
Trade receivables, net	1,394,545	182,334
Contract assets	750	69,354
Other receivables, deposit and prepayment	1,066,191	253,476
Restricted bank balance	399,400
Cash and cash equivalents	3,111,141	76,620
Total current assets	5,972,027	581,784
LIABILITIES
Trade payables	(200,660)	(788,798)
Other payables and accruals	(706,874)	(596,870)
Tax payables		(8,917)
Deferred revenues	(505,424)	(322,826)
Due to a related company	(34,579)	(34,579)
Due to immediate holding company		(5,345,929)
Loans from immediate holding company		(1,930,993)
Loan from a related company		(1,140,931)
Lease liabilities, current	(126,808)	(122,076)
Convertible loan notes, current		(3,975,534)
Total current liabilities	(1,574,345)	(14,267,453)
Lease liabilities, net of current portion	(110,867)	(243,280)
Preferred shares		(9,359,000)
Convertible loan notes, net of current portion		(114,808)
Total non-current liabilities	(110,867)	(9,717,088)
Net current assets (liabilities)	4,397,682	(13,685,669)
Net assets (liabilities)	4,557,950	(23,010,124)
EQUITY (DEFICIT)
Share Capital	1,150	477
Share Premium	25,689,436
Capital reserve	5,126,150	3,752,192
Warrant reserve	79,263,200
Exchange reserve	(1,651)	(1,681)
Share option reserve	1,076,345	2,409,689
Accumulated losses	(106,596,680)	(29,170,801)
Total equity (deficit)	$ 4,557,950	$ (23,010,124)

SUBSEQUENT EVENTS (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF EBITDA THRESHOLD

	Earnout Amount	Accounting Period	EBITDA Threshold*
a.	$166,666,666	Fiscal Year 2026	$100,000,000
b.	$166,666,667	Fiscal Year 2027	$200,000,000
c.	$166,666,667	Fiscal Year 2028	$325,000,000

Resulticks shall receive a pro rated portion of the Earnout Amount provided Resulticks achieves between 75% and 100% of the EBITDA Threshold.

OTHER INCOME, GAINS or (LOSSES)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

OTHER INCOME, GAINS or (LOSSES)

7 OTHER INCOME, GAINS or (LOSSES)

		Year ended			Year ended			Year ended
	Notes	31 March 2025			31 March 2024			31 March 2023
		USD			USD			USD
Fair value change
Preferred Shares	(a)		4,117,648			4,101,000			(1,841,000	)
Convertible loan notes	(b)		(639,000	)		(374,000	)		(19,000	)
Bank interest income			85			873			576
Subsidies from government authorities			22,454			19,230			67,433
Others			13			6,885			29,581
Fair value change			3,501,200			3,753,988			(1,762,410	)

(a)

(b)

SCHEDULE OF EBITDA THRESHOLD (Details) - Non Adjusting Events After Reporting Period [member]

Jun. 05, 2025

USD ($)

Fiscal Year 2026 [member]

Fiscal Year 2027 [member]

Earnout amount

$ 166,666,666

EBITDA Threshold

100,000,000

^[1]

Fiscal Year 2028 [member]

Earnout amount

166,666,667

EBITDA Threshold

200,000,000

^[1]

Notes and other explanatory information [abstract]

Earnout amount

166,666,667

EBITDA Threshold

$ 325,000,000

^[1]

[1]	Resulticks shall receive a pro rated portion of the Earnout Amount provided Resulticks achieves between 75% and 100% of the EBITDA Threshold.

SCHEDULE OF OTHER INCOME, GAINS OR LOSSES (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Preferred Shares

^[1]

$ 4,117,648

$ 4,101,000

$ (1,841,000)

Subsidies from government authorities

^[2]

(639,000)

(374,000)

(19,000)

Bank interest income

873

576

22,454

19,230

67,433

Others

6,885

29,581

Fair value change

$ 3,501,200

$ 3,753,988

$ (1,762,410)

[1]	In July 2021, DSL allotted 3,000 Preferred Shares to a new shareholder for a consideration of $6,000,000. Preferred Shares were fair valued, using an equity allocation model at the end of each reporting period, which resulted in a gain of $4,117,648 for the year ended 31 March 2025 (2024: gain of $4,101,000; 2023: loss of $1,841,000).
[2]	The Group issued 8% convertible loan notes. The notes were fair valued, using binomial option pricing model, at the end of each reporting period, resulting in a loss of $639,000 for the year ended 31 March 2025 (2024: loss of $374,000; 2023: loss of $19,000).

SUBSIDIARIES

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SUBSIDIARIES

25 SUBSIDIARIES

The Group’s subsidiaries on March 31, 2025, from a legal perspective following the Recapitalization, are set out below. Unless otherwise stated, they have share capital consisting solely of ordinary shares that are held directly by the Group. The country of incorporation or registration is also their principal business place of business. Particulars of the subsidiaries as of March 31, 2025 are as follows:

SCHEDULE OF SUBSIDIARIES

Name of entities	Places of Incorporation and operation	Principal activities	Particulars of issued/registered share capital	Percentage of ownership interest
Diginex Solutions (HK) Limited*	Hong Kong	Provision of ESG reporting solutions services	19,907 ordinary shares issued (2024: 11,626 ordinary shares and 3,000 preferred shares issued) (note)	Direct 100% (2024: 100%)
Diginex USA, LLC	United States of America	Provision of ESG reporting solutions services	1,000 Class A Units of $10 each (2024: 1,000 Class A Units of $10 each)	Indirect 100% (2024: 100%)
Diginex Services Limited	United Kingdom	Provision of ESG reporting solutions services	Ordinary shares of 1 pence each (2024: Ordinary shares of 1 pence each	Indirect 100% (2024: 100%)

Note:

In September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares of DSL at a ratio of 1 preferred share to 1 ordinary share.

GENERAL AND ADMINISTRATIVE EXPENSES (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF GENERAL AND ADMINISTRATIVE EXPENSES

		Year ended		Year ended		Year ended
	Notes	31 March 2025		31 March 2024		31 March 2023
		USD		USD		USD
Employees’ benefits	(a)		4,817,469		5,043,962		5,025,450
Professional fees	(b)		2,093,658		531,245		275,234
IT development and maintenance support	(c)		1,452,730		2,121,539		2,661,511
Audit fee	(d)		390,349		594,224		22,294
Travelling expenses	(e)		377,922		514,106		28,935
Share-based payments expenses on anti-dilution issuance of Preferred Shares	(f)		369,648		-		-
Amortization and depreciation	(g)		125,575		103,276		1,007
Others	(h)		717,163		454,993		886,060
General and administrative expense			10,344,514		9,363,345		8,900,491

The by-nature classification of general and administrative expenses for the year ended 31 March 2023 and 2024 has been represented to conform with the presentation for the year ended 31 March 2025.

(a)

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Basic salaries, allowances and all benefits-in-kind		3,865,438		3,581,537		4,261,273
Pension costs - defined contribution plans		92,346		109,590		176,356
Share-based payments		859,685		1,352,835		587,821
Total employees’ benefits		4,817,469		5,043,962		5,025,450

^(a)	The above includes the cost of both employees and contractors. At 31 March 2025, the Company had 26 employees and 9 contractors (2024: 22 employees and 7 contractors; 2023: 26 employees and 10 contractors).

(b)	The increases in professional fees for the years ended 31 March 2024 and 2025 were primarily attributable to legal and professional services relating to the Company’s IPO. Upon the successful closing of the IPO, certain IPO related costs were capitalized against the share premium account with the remaining balance of the IPO related costs recorded as an expense.

(c)	IT development and maintenance support costs relate, primarily, to those associated with a third party that contributes to researching, developing and maintaining the Group commercial products. The costs also include server expenses for hosting the products. Included in IT development and maintenance support, the Group incurred research and development expenses of $831,088 for the year ended 31 March 2025 (2024: $1,334,865; 2023: $2,089,914) and no research and development expenditure is recognized as an internally generated intangible asset for all years.

(d)	For the year ended 31 March 2024 and 2025, significant increase in audit fees was due to the fees associated with the Public Company Accounting Oversight Board (“PCAOB”) audits of the Company’s consolidated financial statements for the year ended 31 March 2025, 2024 and 2023 (the 2023 PCAOB audit was conducted in 2024, hence the associated costs are reflected 2024). For the year ended 31 March 2023, audit fees related to local statutory audits.

(e)	Whilst travelling expenses were lower than the year ended March 2024, the Company continued to travel with a focus on business development, The Company also travelled in relation to the IPO.

(f)	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).

(g)	The increase during the year ended 31 March 2024 is primarily due to amortization expense in connection with the new office lease in Monaco entered into by the Group. The 2025 amortization represents a full year of the office lease.

(h)	Other costs include recruitment fees, insurance, bank charges, general office expenses, investor relations consultant fees, marketing and others

INCOME TAX EXPENSE

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

INCOME TAX EXPENSE

9 INCOME TAX EXPENSE

During the year ended 31 March 2024, income tax expense of the Group represented under-provision of current tax from 2022 of a subsidiary in United States of America. There was no other current tax expense or deferred tax expense for that year.

There was no current or deferred tax expense for each of the years ended 31 March 2023 and 2025.

9.1 Current income taxes

Under the two-tiered profits tax rates regime of Hong Kong Profits Tax, the first HK$2 million (c.$250,000) of profits of the qualifying group entity will be taxed at 8.25%, and profits above HK$2 million (c.$250,000) will be taxed at 16.5%. The profits of group entities not qualifying for the two-tiered profits tax rates regime will continue to be taxed at a flat rate of 16.5%.

Taxes charged on profits assessable elsewhere have been calculated at the rates of tax prevailing in the countries in which the Group operates, based on existing legislation, interpretation and practices in respect thereof.

The income tax expense for the year can be reconciled to the loss for the year per the consolidated statement of profit or loss and other comprehensive income as follows:

SCHEDULE OF CURRENT INCOME TAXES

	Year ended			Year ended			Year ended
	31 March 2025			31 March 2024			31 March 2023
	USD			USD			USD
Loss before taxation		(5,212,879	)		(4,862,470	)		(9,257,598	)

Notional tax calculated at the rates applicable to profits in the tax jurisdictions concerned		(381,348	)		(821,825	)		(1,555,403	)
Tax effect of expenses that are not deductible		215,019			405,775			451,111
Tax effect of income that are not taxable		-			(676,665	)		-
Tax effect of tax losses not recognized		166,329			1,092,715			1,104,292
Under-provision in prior years		-			8,917			-
Income tax expense		-			8,917			-

9.2 Deferred income taxes

Deferred income tax assets and liabilities are offset when there is a legally enforceable right to offset tax recoverable against current income tax liabilities and when the deferred income taxes relate to the same fiscal authority.

The Group has accumulated tax losses of $22,775,852 at 31 March 2025 (2024: $21,847,422) that are available indefinitely for offsetting against future taxable profits of the respective group companies in which the losses arose. No deferred tax asset has been recognized in respect of the tax losses.

The ultimate realization of unused tax losses is dependent upon the generation of sufficient future taxable profits during the periods in which those temporary differences become deductible. In determining the recognition of a deferred tax asset, management considered the future profitability of the Group. While management expects the Group to return profits in the future, there is still an element of uncertainty and as such, no deferred tax asset has been recognized.

SCHEDULE OF REVENUE (Details) - USD ($)	12 Months Ended
SCHEDULE OF REVENUE (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
IfrsStatementLineItems [Line Items]
Revenue	$ 2,040,602	$ 1,299,538	$ 1,625,763
Performance obligations satisfied at point in time [member]
IfrsStatementLineItems [Line Items]
Revenue	1,636,989	855,328	1,019,064
Performance obligations satisfied at point in time [member] \| Software License Fee [Member]
IfrsStatementLineItems [Line Items]
Revenue	900,000
Performance obligations satisfied at point in time [member] \| Customization [member]
IfrsStatementLineItems [Line Items]
Revenue	462,569	695,243	1,019,064
Performance obligations satisfied at point in time [member] \| Advisory service income [member]
IfrsStatementLineItems [Line Items]
Revenue	274,420	160,085
Performance obligations satisfied over time [member]
IfrsStatementLineItems [Line Items]
Revenue	403,613	444,210	606,699
Performance obligations satisfied over time [member] \| Advisory service income [member]
IfrsStatementLineItems [Line Items]
Revenue			248,497
Performance obligations satisfied over time [member] \| Software Subscription Fee [Member]
IfrsStatementLineItems [Line Items]
Revenue	$ 403,613	$ 444,210	$ 358,202

- Definition

The income arising in the course of an entity's ordinary activities. Income is increases in assets, or decreases in liabilities, that result in increases in equity, other than those relating to contributions from holders of equity claims.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 28
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_28_a&doctype=Standard
-URIDate 2024-03-27

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 23
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_23_a&doctype=Standard
-URIDate 2024-03-27

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 32
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_32&doctype=Standard
-URIDate 2024-03-27

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 33
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_33_a&doctype=Standard
-URIDate 2024-03-27

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 8
-IssueDate 2024-01-01
-Paragraph 34
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2024-en-r&anchor=para_34&doctype=Standard
-URIDate 2024-03-27

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 5
-IssueDate 2024-01-01
-Paragraph 33
-Subparagraph b
-Clause i
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=5&code=ifrs-tx-2024-en-r&anchor=para_33_b_i&doctype=Standard
-URIDate 2024-03-27

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 12
-IssueDate 2024-01-01
-Paragraph B12
-Subparagraph b
-Clause v
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_B12_b_v&doctype=Appendix&subtype=B
-URIDate 2024-03-27

Reference 8: http://www.xbrl.org/2003/role/exampleRef
-Name IFRS
-Number 12
-IssueDate 2024-01-01
-Paragraph B10
-Subparagraph b
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2024-en-r&anchor=para_B10_b&doctype=Appendix&subtype=B
-URIDate 2024-03-27

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 82
-Subparagraph a
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_82_a&doctype=Standard
-URIDate 2024-03-27

Reference 10: http://www.xbrl.org/2003/role/exampleRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 103
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_103&doctype=Standard
-URIDate 2024-03-27

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 102
-URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_102&doctype=Standard
-URIDate 2024-03-27

+ Details

RIGHT-OF-USE ASSETS (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF RIGHT-OF-USE ASSETS, NET

Right-of-use assets relate to office space leased by the Group. The amount in respect of lease are as follows:

SCHEDULE OF RIGHT-OF-USE ASSETS, NET

	Properties
	USD
At 1 April 2023		-
Additions (a)		482,619
Amortisation		(99,580	)
Modification adjustment (b)		(25,837	)
At 31 March 2024		357,202
Amortisation		(125,575	)
Modification adjustment (b)		(5,955	)
At 31 March 2025		225,672

(a)	In June 2023, the Group entered into a lease agreement in Monaco which expires in January 2027. The lease has an annual break clause.
(b)	There were rent reviews in February 2024 and 2025 and modification adjustments were made to account for the change in monthly rent.

SCHEDULE OF FAIR VALUE MEASUREMENTS (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
IfrsStatementLineItems [Line Items]
Preferred shares		$ 9,359,000
Convertible loan notes		3,743,000
Recurring fair value measurement [member]
IfrsStatementLineItems [Line Items]
Preferred shares		9,359,000
Convertible loan notes		$ 3,743,000

SCHEDULE OF DEFERRED REVENUES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Apr. 01, 2023
Notes and other explanatory information [abstract]
Advisory service income	$ 145,760	$ 52,950
Customization income	42,600	122,200
Subscription fee income	317,064	147,676
Deferred revenues	$ 505,424	$ 322,826	$ 335,666

Consolidated Statements of Cash Flows - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

CASH FLOWS FROM OPERATING ACTIVITIES

Loss before taxation

$ (5,212,879)

$ (4,862,470)

$ (9,257,598)

Adjustments for:

Amortization - right-of-use assets

125,575

99,580

Depreciation - property, plant and equipment

3,696

1,007

Impairment losses (reversed) recognized in respect of trade receivables

(2,844)

(400)

5,025

Bad debt written off

12,064

21,522

14,752

Write-off of due from related company

^[1]

81,347

Finance costs

410,167

552,651

220,460

Share-based payments expenses on anti-dilution issuance of preferred shares

859,685

1,352,835

587,821

^[2],[3]

369,648

IPO expenses charged to P&L

1,659,081

Net fair value loss of convertible loan notes

639,000

374,000

19,000

Net fair value (loss) gain of preferred shares

(4,117,648)

(4,101,000)

1,841,000

Operating cash flows before movements in working capital

(5,258,151)

(6,478,239)

(6,568,533)

Trade receivables

(1,221,431)

86,332

(43,719)

Other receivables, deposit and prepayment

(955,348)

(210,936)

132,684

Contract assets

68,604

(42,365)

42,158

Due from a related company

(39,815)

(41,532)

Trade and other payables

(478,610)

841,155

(131,331)

Deferred revenue

182,598

(12,840)

18,955

Cash generated from operations

(7,662,338)

(5,856,708)

(6,591,318)

Income tax paid

(8,917)

Net cash used in operating activities

(7,671,255)

(5,856,708)

(6,591,318)

CASH FLOWS FROM INVESTING ACTIVITIES

Payment to rental deposit

(10,032)

Cash used in investing activities

(10,032)

CASH FLOWS FROM FINANCING ACTIVITIES

Issue of shares under global offerings

10,608,750

Payment of transaction costs of issue of new shares

(2,948,791)

Loans from immediate holding company

3,410,461

564,483

2,250,000

Advances from immediate holding company

713,719

5,345,423

600,000

Proceeds from shares issued

Proceeds from issuance of convertible loan notes

100,000

3,250,000

Repayment of due to immediate holding company

1,000,000

(600,000)

Repayment of lease liabilities

(138,962)

(109,754)

Placement of restricted bank balance

(399,400)

Repayment of loan from immediate holding company

(530,019)

(1,150,000)

Net cash generated from financing activities

10,715,808

4,750,152

6,500,000

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

3,034,521

(1,106,556)

(91,318)

Cash and cash equivalents at the beginning of the year

76,620

1,183,176

1,274,494

CASH AND CASH EQUIVALENTS AT THE END OF THE YEAR

$ 3,111,141

$ 76,620

$ 1,183,176

[1]	During the year ended 31 March 2024, the Group has fully written off the amount due from a related company, Diginex (Holdings) Limited, a company controlled by Rhino Ventures, of $81,347 (2025 and 2023: $Nil).
[2]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[3]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).

SCHEDULE OF LOSS ALLOWANCE FOR IMPAIRMENT OF TRADE RECEIVABLES (Details) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Trade Receivables Contract Assets Other Receivables Deposits And Prepayment
Loss allowance for impairment, beginning balance	$ 4,632	$ 5,032
Provision for the year		2,200
Written off for the year	(1,788)
Reversal for the year	(2,844)	(2,600)
Loss allowance for impairment, ending balance		$ 4,632

COMPANY ORGANIZATION AND PRINCIPAL ACTIVITIES

12 Months Ended

Mar. 31, 2025

Company Organization And Principal Activities

COMPANY ORGANIZATION AND PRINCIPAL ACTIVITIES

1 COMPANY ORGANIZATION AND PRINCIPAL ACTIVITIES

Diginex Limited (the “Company”) was incorporated on 26 January 2024 as an exempted company in the Cayman Islands with limited liability with its registered office at the office of Ogier Global (Cayman) Limited, 89 Nexus Way, Camana Bay, Grand Cayman, KY1-9099, Cayman Islands and principal place of business at Smart-Space Fintech 2, Room 3, Units 401-404, Core C, Cyberport 3, 3 Cyberport Road, Telegraph Bay, Hong Kong. The Company is a listed company under the symbol “DGNX” since January 22, 2025 and are cross-listed on the Frankfurt Stock Exchange (Open Market) and the Tradegate Exchange under the symbol “I0Q” since February 20, 2025. Substantial shareholder of the Company is Rhino Ventures Limited (“Rhino Ventures”) which is a limited company incorporated in the British Virgin Islands.

The Company is an investment holding company and the principal activities of Diginex Solutions (HK) Limited (“DSL”) and its subsidiaries (collectively, “DSL Group”) are the provision of Environmental, Social and Governance (“ESG”) reporting solution services, advisory services and developing customization solutions. The Company and DSL Group are collectively referred to as the “Group”.

These consolidated financial statements are presented in US dollars (“USD”), which is the same as the functional currency of the Company.

These consolidated financial statements for the years ended 31 March 2023, 2024 and 2025 were authorized for issue by the Board of Directors on July 11, 2025. The Board of Directors has the power to amend the consolidated financial statements after issue.

1.1 Group reorganization

The Company was incorporated on 26 January 2024. On 15 July 2024, the Company completed a transaction pursuant to a share exchange agreement, whereby the then existing shareholders of DSL (the “Original Shareholders”) transferred all of their shares in DSL to the Company, in consideration for the Company’s issuance of substantially the same securities to the Original Shareholders in exchange for the securities of DSL held by them (the “Exchange”). Prior to the Exchange, there were 16,756 ordinary shares of DSL issued and outstanding, 3,151 series A preferred shares of DSL issued and outstanding and 10,172 warrants of DSL (“DSL Private Warrants) issued and outstanding. In the Exchange, each of the securities of DSL were exchanged for substantially the same securities of the Company at an exchange ratio of one (1) ordinary share of DSL for four hundred and ten (410) Ordinary Shares of the Company (“Ordinary Shares”), one (1) series A preferred share of DSL for four hundred and ten (410) Preferred Shares of the Company (“Preferred Shares”) and one (1) warrant of DSL for four hundred and ten (410) warrants of the Company (“Private Warrants”). Within these consolidated financial statements, the terms “Series A Preferred Shares” and “Preferred Shares” are used interchangeably.

In connection with the Exchange, the Company and security holders of DSL consummated the following transactions (the “Ancillary Transactions”):

(i)

the Company issued $4,350,000 new convertible loan notes to certain Original Shareholders in consideration for the cancellation of the then existing convertible loan notes issued by DSL and held by such Original Shareholders. The convertible loan notes automatically converted into Ordinary Shares upon the effectiveness of the Company’s registration statement on 20 December 2024;

(ii)

the Company granted certain share option awards under a new share option plan that was adopted by the Company to the holders of the unexercised share options granted by DSL (the “Original DSL Awards”), in consideration for the cancellation of the DSL Awards held by such holders. There was no automatic vesting of any unvested Awards upon completion of an initial public offering, the board of directors, at their discretion, do have the ability to accelerate vesting at any point; and

(iii)

the Company granted certain Private Warrants to purchase Ordinary Shares of the Company to the holders of the then existing DSL Private Warrants to purchase ordinary shares of DSL (the “Original Warrants”), in consideration for the cancellation of the DSL Private Warrants held by such holders.

Accordingly, upon consummation of the Exchange and the Ancillary Transactions (collectively the “Recapitalization”), DSL became a wholly owned subsidiary of the Company, and the Original Shareholders became shareholders of the Company. The remaining DSL security holders became security holders of the Company, in that they held the Company’s convertible loan notes, Awards and Private Warrants.

Following the Recapitalization, on July 26, 2024, the Company completed a share subdivision (the “Share Subdivision”) such that, the authorized share capital of the Company was changed from US$50,000 divided into 480,000,000 Ordinary shares of par value US$0.0001 each, 20,000,000 Preferred shares of par value US$0.0001 each to be US$50,000 divided into 960,000,000 Ordinary Shares of US$0.00005 par value each and 40,000,000 Preferred Shares, par value US$0.00005 per share.

Upon completion of the Recapitalization, the Company became the holding company of the companies now comprising the Group, where both the Company and DSL operated under the common control of Rhino Ventures. The Group comprising of the Company and its subsidiaries resulting from the Recapitalization is regarded as a continuing entity, accordingly, the consolidated financial statements for the year ended 31 March 2023, 2024 and 2025 have been prepared as if the Company had always been the holding company of the Group with the reserves being retrospectively adjusted to reflect the Recapitalization.

1.2 Summary of significant transactions

The Group incurred the following transactions that significantly affect the financial position and performance of the Group:

	●	On May 27, 2024, DSL completed an $8,000,000 capital raise with the Rhino Ventures (the “Capital Raise”) and DSL allotted 5,086 ordinary shares and 10,172 warrants to Rhino Ventures. The Capital Raise was settled by capitalizing $6,059,142 of amount due to Rhino Ventures and $1,940,858 of loans from Rhino Ventures. The Capital Raise triggered an anti-dilution clause in the Articles of Association of DSL and resulted in 151 series A preferred shares of DSL being issued to the existing series A preferred shareholder with $Nil consideration.

	●	On December 20, 2024, the Company’s registration statement Form F-1 was declared effective by the SEC. This resulted in outstanding Preferred Shares converting into 2,583,820 Ordinary Shares on a 1:1 basis. All the outstanding convertible loan notes with an aggregate face value of $4,350,000 and accrued interest of $751,781, totaling $5,101,781, also converted into Ordinary Shares at a conversion price of $2.17 resulting in the issuance of 2,347,134 Ordinary Shares.

	●	On January 21, 2025, pursuant to a triparty loan agreement entered into between the Company, DSL and Rhino Ventures dated September 30, 2024, the outstanding principal and accrued interest of the loan from Rhino Ventures to DSL amounting to $3,530,019 was fully settled, of which $3,000,000 was capitalized through the issuance of 731,707 Ordinary Shares and the remaining $530,019 was settled in cash.

	●	On January 23, 2025, the Company successfully closed on its Initial Public Offering (“IPO”), selling 2,250,000 Ordinary Shares, par value $0.00005 per share, at a public offering price of $4.10 per share, for total gross proceeds of $9,225,000, before deducting underwriting discounts, commissions, and other related expenses. The net proceeds amounted to $7,747,756. On January 27, 2025, the Company also closed on the underwriter’s exercise of their over-allotment option (the “Over-Allotment Option”) to purchase 337,500 Ordinary Shares pursuant to an underwriting agreement, dated January 21, 2025 (the “Underwriting Agreement”). Pursuant to the Over-Allotment Option, the underwriters purchased an additional 337,500 Ordinary Shares at the public offering price of $4.10 per share, resulting in additional gross proceeds of $1,383,750, before deducting underwriting discounts and other related expenses. The net proceeds amounted to $1,261,969. After giving effect to the full exercise of the Over-Allotment Option, the total number of Ordinary Shares sold by the Company in the IPO increased to 2,587,500 Ordinary Shares and the gross proceeds increased to $10,608,750, before deducting underwriting discounts and other related expenses. The total net IPO proceeds amounted to $9,009,725.

	●	On January 23, 2025, the Company issued Rhino Ventures the IPO Warrants in connection with the IPO. Tranche 1 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $5.13 per share, which expire 6 months from January 23, 2025 Tranche 2 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $6.15 per share, which expire 9 months from January 23, 2025 Tranche 3 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $7.18 per share, which expire 12 months from January 23, 2025 Tranche 4 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $8.20 per share, which expire 15 months from January 23, 2025 Tranche 5 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price of $10.25 per share, which expire 18 months from January 23, 2025 Tranche 6 - Warrants to purchase 2,250,000 Ordinary Shares at an exercise price $12.30 per share, which expire 24 months from January 23, 2025

	●	On March 17, 2025, the Company signed two binding memorandum of understanding with Nomas Global Investments-LLC-S.P.C. and Al Noor Legal Consultants FZE (the “MOUs”) to pursue a broad strategic relationship to facilitate Diginex with its planned expansion in the UAE and the broader Gulf Cooperation Council region (“GCC”), which includes assisting the Company with a dual listing of the Ordinary Shares on the Abu Dhabi Securities Exchange and a potential capital raise of up to USD$250,000,000 focused on large institutional investors based in the GCC. At March 31, 2025, Diginex paid $650,000 in relation to the underlying activity associated with MOU’s and held $399,400 in an escrow account, as restricted bank balances, for future expenses.

SCHEDULE OF SHARE CAPITAL (Details) (Paranthetical) - USD ($)

12 Months Ended

Jan. 27, 2025

Jan. 23, 2025

Dec. 20, 2024

May 27, 2024

Mar. 31, 2025

Mar. 31, 2024

Jul. 15, 2025

Jan. 21, 2025

Sep. 30, 2024

Aug. 31, 2024

Aug. 03, 2024

Jul. 31, 2024

Jul. 26, 2024

Jul. 15, 2024

Jul. 14, 2024

May 31, 2024

Apr. 30, 2024

Oct. 31, 2023

Mar. 31, 2022

Jul. 31, 2021

2,347,134

731,707

$ 0.00005

$ 2.17

Share Capital

$ 130

$ 1,150

$ 477

Borrowings, interest rate basis

2,587,500

2,583,820

1:1

Notional amount

$ 4,350,000

4,117,648

$ 1,000,000

Interest payable

751,781

347,342

$ 3,530,019

Number of converted shares issued

$ 5,101,781

$ 0

$ 4,350,000

$ 3,000,000

2,347,134

Proceeds from issue initial public offering

2,250,000

Share price

$ 4.10

$ 2.098

Other expense by nature

$ 1,383,750

$ 9,225,000

$ 1,432,343

Proceeds from issue of preference shares

$ 1,261,969

$ 7,747,756

Proceeds from issue initial public offering

337,500

Deferred IPO expenses

$ 1,432,343

Share capital premium

9,176,277

Non adjusting event [member]

Rhino Ventures Limited [member]

2,583,820

Loan amount

$ 3,000,000.0

731,707

Ordinary shares [member] | Rhino Ventures Limited [member]

2,583,820

5,086

731,707

5,086

$ 1,940,858

Warrants [member]

2,250,000

4,170,520

Share Capital

$ 8,000,000.0

Warrants [member] | Rhino Ventures Limited [member]

4,170,520

10,172

Issued capital [member]

$ 1,346,800

22,993,763

6,869,960

Number of shares authorised

$ 0.00005

Share Capital

$ 50,000

960,000,000

Other expense by nature

$ 10,608,750

1,291,910

3,000

Number of shares authorised

$ 0.00005

40,000,000

2,583,820

Employee [member]

1,003,680

Number of shares post recapitalization

4,170,520

$ 0.00005

$ 8,000,000

Diginex Solutions (HK) Limited [member] | Ordinary shares [member]

410

Diginex Solutions (HK) Limited [member] | Ordinary shares [member] | Rhino Ventures Limited [member]

16,756

Diginex Solutions (HK) Limited [member] | Warrants [member]

Allotment of shares

5,086

4,170,520

$ 6,653,200

Diginex Solutions (HK) Limited [member] | Warrants [member] | Rhino Ventures Limited [member]

10,172

Diginex Solutions (HK) Limited [member] | Ordinary shares [member]

10,172

Number of shares post recapitalization

19,907

^[1]

11,626

^[1]

314

257,480

Diginex Solutions (HK) Limited [member] | Preference shares [member]

Diginex Solutions (HK) Limited [member] | Employee [member]

^[1]

3,000

Number of shares post recapitalization

36,080

Diginex Group [member]

410

CONVERTIBLE LOAN notes (the “notes”)

$ 0.0001

[1]	In September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares of DSL at a ratio of 1 preferred share to 1 ordinary share.

CONVERTIBLE LOAN notes (the “notes”)

12 Months Ended

Mar. 31, 2025

Convertible Loan Notes

18 CONVERTIBLE LOAN notes (the “notes”)

SCHEDULE OF CONVERTIBLE LOAN NOTES

	At 31 March 2025		At 31 March 2024
	USD		USD
Fair value of the Notes		-		3,743,000
Accrued interest		-		347,342
Convertible loan notes		-		4,090,342
Classified as:
Current liabilities		-		3,975,534
Non-current liabilities		-		114,808
Convertible loan notes		-		4,090,342

In January 2023, the Company issued a convertible loan note instrument to create unsecured Notes of up to $10,000,000 in aggregate, bears fixed interest rate of 8% per annum. The Notes had a maturity date on the second anniversary of the effective date of the instrument.

The Notes would automatically convert into ordinary shares at the conversion price on the earlier of the following events, (i) a relevant fund raising, (ii) change of control, or (iii) an initial public offering (“IPO”). Such senior class of shares to be issued to investors in connection with the relevant fund raising or issued at the completion of the change of control or IPO.

During the year ended 31 March 2024, a Note with a face value of $100,000 was issued resulting in an aggregate face value of $3,350,000 as of 31 March 2024.

Upon the Recapitalization in July 2024, the $1,000,000 loan due from DSL to a related company, Diginex (Holdings) Limited, was converted into $1,000,000 Notes of which Rhino Ventures held $517,535 of the principal amount and Working Capital Innovation Fund II L.P. held $482,465 of the principal amount.

On 3 August 2024, the maturity date of the Notes with a principal of $1,000,000 was extended to 3 November 2024.

The fair value of the Notes as of the date of conversion amounted to $5,382,000 and is determined using binomial option pricing model.

For details of fair value measurement as of 31 March 2024, please refer to note 26.5 to the consolidated financial statements.

SCHEDULE OF LEASE LIABILITIES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
Notes and other explanatory information [abstract]
Current	$ 126,808	$ 122,076
Non-current	110,867	243,280
Lease liabilities	$ 237,675	$ 365,356

SUBSIDIARIES (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF SUBSIDIARIES

Name of entities	Places of Incorporation and operation	Principal activities	Particulars of issued/registered share capital	Percentage of ownership interest
Diginex Solutions (HK) Limited*	Hong Kong	Provision of ESG reporting solutions services	19,907 ordinary shares issued (2024: 11,626 ordinary shares and 3,000 preferred shares issued) (note)	Direct 100% (2024: 100%)
Diginex USA, LLC	United States of America	Provision of ESG reporting solutions services	1,000 Class A Units of $10 each (2024: 1,000 Class A Units of $10 each)	Indirect 100% (2024: 100%)
Diginex Services Limited	United Kingdom	Provision of ESG reporting solutions services	Ordinary shares of 1 pence each (2024: Ordinary shares of 1 pence each	Indirect 100% (2024: 100%)

Note:

In September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares of DSL at a ratio of 1 preferred share to 1 ordinary share.

TRADE RECEIVABLES, CONTRACT ASSETS, OTHER RECEIVABLES, DEPOSITS AND PREPAYMENT (Details Narrative) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Trade Receivables Contract Assets Other Receivables Deposits And Prepayment
Trade receivables of written off	$ 12,064	$ 21,522

Deferred REVENUES (Details Narrative) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Apr. 01, 2023
Notes and other explanatory information [abstract]
Deferred revenues	$ 505,424	$ 322,826	$ 335,666

LOSS PER SHARE (Details Narrative) - USD ($)	12 Months Ended
LOSS PER SHARE (Details Narrative) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Share option awards	780,058	1,585,880	1,266,900
Share option exercisable recapitalized		1,943	1,545
Preferred shares			3,000
Preferred shares - post-recapitalization	1,861,766	2,460,000	2,460,000
Convertible loan	$ 4,350,000	$ 3,350,000	$ 3,250,000

SCHEDULE OF KEY MANAGEMENT COMPENSATION (Details) (Parenthetical)	12 Months Ended
	Mar. 31, 2025 USD ($)
Notes and other explanatory information [abstract]
Basic salaries, allowances and all benefits-in-kind to chairman	$ 260,417

SCHEDULE OF NUMBER OF UNVESTED SHARES (Details) - $ / shares	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Number of unvested shares based on number of shares-in-issue, beginning balance	1,890	1,545	1,404
Additions		389	141
Additions	69
Vested	(44)
Pre-recapitalized balance	1,915
Post-recapitalized balance	1,570,219
Additions	566,119
Vested	(1,003,680)
Number of unvested shares based on number of shares-in-issue, ending balance	780,058	1,890	1,545
Number of unvested shares recapitalized		1,549,800	1,266,900
Number of share options exercisable	17,345	1,380,060	0
Vested		(44)
Expired	(352,600)
Weighted average exercise price	$ 0.00005

MATERIAL ACCOUNTING POLICY INFORMATION

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

MATERIAL ACCOUNTING POLICY INFORMATION

3 MATERIAL ACCOUNTING POLICY INFORMATION

These consolidated financial statements have been prepared on the historical cost basis except for certain financial instruments that are measured at fair values at the end of each reporting period, as explained in the accounting policies set out below.

Historical cost is generally based on the fair value of the consideration given in exchange for goods and services.

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, regardless of whether that price is directly observable or estimated using another valuation technique. In estimating the fair value of an asset or a liability, the Group takes into account the characteristics of the asset or liability if market participants would take those characteristics into account when pricing the asset or liability at the measurement date. Fair value for measurement and/or disclosure purposes in these consolidated financial statements is determined on such a basis, except for share-based payment transactions that are within the scope of IFRS 2 Share-based Payment.

For financial instruments which are transacted at fair value and a valuation technique that unobservable inputs are to be used to measure fair value in subsequent periods, the valuation technique is calibrated so that at initial recognition the results of the valuation technique equals the transaction price, where the highest level of inputs available are used in the valuation.

In addition, for financial reporting purposes, fair value measurements are categorized into Level 1, 2 or 3 based on the degree to which the inputs to the fair value measurements are observable and the significance of the inputs to the fair value measurement in its entirety, which are described as follows:

●	Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the entity can access at the measurement date;

●	Level 2 inputs are inputs, other than quoted prices included within Level 1, that are observable for the asset or liability, either directly or indirectly; and

●	Level 3 inputs are unobservable inputs for the asset or liability.

Material accounting policy information adopted by the Group is disclosed below.

Basis of consolidation

The consolidated financial statements incorporate the consolidated financial statements of DSL Group and the financial statements of the Company. The consolidated financial statements of DSL Group have been combined with those of the Company from 26 January 2024.

Control is achieved when the Company:

●	has power over the investee;

●	is exposed, or has rights, to variable returns from its involvement with the investee; and

●	has the ability to use its power to affect its returns.

The Group reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control listed above.

Consolidation of a subsidiary begins when the Group obtains control over the subsidiary and ceases when the Group loses control of the subsidiary. Specifically, income and expenses of a subsidiary acquired or disposed of during the year are included in the consolidated statement of profit or loss and other comprehensive income from the date the Group gains control until the date when the Group ceases to control the subsidiary.

Profit or loss and each item of other comprehensive income are attributed to the ordinary equity holders of the Company and to the non-controlling interests. Total comprehensive income or loss of subsidiaries is attributed to the ordinary equity holders of the Company and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance.

When necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with the Group’s accounting policies.

All intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation.

Deemed reverse acquisition

The acquisition method of accounting is used to account for all deemed reverse acquisitions where in substance an operating company is acquired by a shell company where the shareholders of the operating company obtain control of the shell company.

With respect to the Transaction, DSL is the operating company while the Company is considered as shell company.

Identifying the accounting acquirer/accounting acquiree:

The Company is considered as the legal acquirer and the accounting acquiree. Control is obtained by Original Shareholders as the Company, on 15 July 2024, issued 6,869,960 Ordinary Shares and 1,291,910 Preferred Shares which allowed the Original shareholder to hold the majority of issued share capital and voting rights of the Company.

Determining the deemed consideration transferred:

The deemed consideration transferred for the deemed reverse acquisition of the Company is the fair value of the shares which DSL would have had to issue in establishing the same post transaction control structure but as if it were the legal acquirer. Given there is no change to the control structure after the Transaction, the deemed consideration is determined as $Nil.

Fair value of assets and liabilities acquired in a deemed reverse acquisition:

Identifiable assets acquired and liabilities assumed in a deemed reversed acquisition are, with limited exceptions, measured initially at their fair values at the acquisition date. For the Transaction, the net assets acquired from the Company are solely current account with DSL, and its carrying value approximates fair value and is considered insignificant.

Calculate the Transaction expense:

The excess of the deemed consideration transferred over the fair value of the net identifiable assets acquired from the Company is considered insignificant to be recognized as an expense under IFRS 2 in the Group’s consolidated statement of profit or loss.

Presentation of the consolidated financial statements post deemed reverse acquisition:

Under the Transaction, the Company being the accounting acquiree (legal acquirer), becomes the ultimate parent holding company of the Group, however, the consolidated financial statement represents a continuation of DSL, the accounting acquirer (legal acquiree) with the exception of the legal capital structure.

These consolidated financial statements incorporate the financial statements items of the combining entities, i.e. the Company and DSL Group, in which the combination occurs as if they had been combined from the date when the combining entities first came under the control of the substantial shareholders.

The net assets of the combining entities are consolidated using the existing book values from the substantial shareholder’s perspective. No amount is recognized in respect of goodwill or bargain purchase gain at the time of combination.

The consolidated statement of profit or loss and other comprehensive loss includes the results of each of the combining entities from the earliest date presented or since the date when the combining businesses first came under the control of the substantial shareholder, where this is a shorter period, i.e. the date of incorporation of the Company on 26 January 2024.

Shareholders’ equity of DSL prior to the Transaction is retrospectively adjusted as a recapitalization for the equivalent number of shares received and on a pro rata basis, together with the impact of the Share Subdivision for prior reporting periods. Accumulated losses and relevant reserves of the DSL are carried forward after the Transaction. Any difference to shareholders equity of DSL arising from the recapitalization of share capital and equity instruments issued is recorded in equity under the capital reserve.

Earnings per share

Earnings per share for periods prior to the Recapitalization are retrospectively adjusted to reflect the number of equivalent shares received by the accounting acquirer, DSL, based on the number of shares outstanding on the reporting dates multiplied by the exchange ratio. The exchange ratio being the combination of the share exchange swap of one ordinary share of DSL for 410 Ordinary Shares multiplied by a factor of two to reflect the Share Subdivision and one series A preferred share of DSL for 410 Preferred Shares multiplied by a factor of two to reflect the Share Subdivision.

Revenue recognition

The Group recognizes revenue when (or as) a performance obligation is satisfied, i.e. when “control” of the services underlying the particular performance obligation is transferred to the customer. A performance obligation represents a service (or a bundle of goods or services) that is distinct or a series of distinct services that are substantially the same.

Except for granting of a license that is distinct from other promised services, control is transferred over time and revenue is recognized over time by reference to the progress towards complete satisfaction of the relevant performance obligation if one of the following criteria is met:

●	the customer simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs;
●	the Group’s performance creates or enhances an asset that the customer controls as the Group performs; or
●	the Group’s performance does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date.

Otherwise, revenue is recognized at a point in time when the customer obtains control of the distinct service.

For granting of a license that is distinct from other promised services, the nature of the Group’s promise in granting a license is a promise to provide a right to access the Group’s intellectual property if all of the following criteria are met:

●	the contract requires, or the customer reasonably expects, that the Group will undertake activities that significantly affect the intellectual property to which the customer has rights;
●	the rights granted by the license directly expose the customer to any positive or negative effects of the Group’s activities; and
●	those activities do not result in the transfer of a good or a service to the customer as those activities occur.

If the criteria above are met, the Group accounts for the promise to grant a license as a performance obligation satisfied over time. Otherwise, the Group considers the grant of license as providing the customers the right to use the Group’s intellectual property and the performance obligation is satisfied at a point in time at which the license is granted.

A contract asset represents the Group’s right to consideration in exchange for goods or services that the Group has transferred to a customer that is not yet unconditional. It is assessed for impairment in accordance with IFRS 9. In contrast, a receivable represents the Group’s unconditional right to consideration, i.e. only the passage of time is required before payment of that consideration is due.

A contract liability represents the Group’s obligation to transfer services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer.

A contract asset and a contract liability relating to the same contract are accounted for and presented on a net basis.

Over time revenue recognition - Input method

The progress towards complete satisfaction of a performance obligation is measured based on input method, which is to recognize revenue on the basis of the Group’s efforts or inputs to the satisfaction of a performance obligation relative to the total expected inputs to the satisfaction of that performance obligation, that best depict the Group’s performance in transferring control of services.

Government grants

Government grants are not recognised until there is reasonable assurance that the Group will comply with the conditions attaching to them and that the grants will be received.

Government grants related to income that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the Group with no future related costs are recognised in profit or loss in the period in which they become receivable. Government grants relating to compensation of expenses are deducted from the related expenses, other government grants are presented under “other income, gains or (losses)”.

Research and development expenditure

Expenditure on research activities is recognized as an expense in the period in which it is incurred.

An internally-generated intangible asset arising from development activities (or from the development phase of an internal project) is recognized if, and only if, all of the following have been demonstrated:

●	the technical feasibility of completing the intangible asset so that it will be available for use or sale;
●	the intention to complete the intangible asset and use or sell it;
●	the ability to use or sell the intangible asset;
●	how the intangible asset will generate probable future economic benefits;
●	the availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset; and
●	the ability to measure reliably the expenditure attributable to the intangible asset during its development.

The amount initially recognized for internally-generated intangible asset is the sum of the expenditure incurred from the date when the intangible asset first meets the recognition criteria listed above. Where no internally-generated intangible asset can be recognized, development expenditure is recognized in profit or loss in the period in which it is incurred.

During each of the years ended 31 March 2023, 2024 and 2025, no research and development expenditure is recognized as an internally generated intangible asset.

Foreign currencies

In preparing the financial statements of each individual group entity, transactions in currencies other than the functional currency of that entity (foreign currencies) are recognized at the rates of exchange prevailing on the dates of the transactions. At the end of the reporting period, monetary items denominated in foreign currencies are retranslated at the rates prevailing at that date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the date when the fair value was determined. Non-monetary items that are measured in terms of historical cost in a foreign currency are not retranslated.

Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are recognized in profit or loss in the period in which they arise.

For the purposes of presenting the consolidated financial statements, the assets and liabilities of the Group’s operations are translated into the presentation currency of the Group (i.e. USD) using exchange rates prevailing at the end of each reporting period. Income and expenses items are translated at the average exchange rates for the period, unless exchange rates fluctuate significantly during that period, in which case the exchange rates at the date of transactions are used. Exchange differences arising, if any, are recognized in other comprehensive income and accumulated in equity under the heading of exchange reserve (attributed to non-controlling interests as appropriate).

Borrowing costs

Borrowing costs are recognized in the statement of profit or loss in the period in which they are incurred.

Employee benefits

Retirement benefit costs

Payments made by the Group to defined contribution retirement benefit plans are recognized as an expense when employees have rendered service entitling them to the contributions.

Short-term employee benefits

Short-term employee benefits are recognized at the undiscounted amount of the benefits expected to be paid as and when employees rendered the services. All short-term employee benefits are recognized as an expense unless another IFRSs requires or permits the inclusion of the benefit in the cost of an asset.

A liability is recognized for benefits accruing to employees (such as salaries and annual leave) after deducting any amount already paid.

Share-based payments

Equity-settled share-based payments to employees and others providing similar services are measured at the fair value of the equity instruments at the grant date.

The fair value of the equity-settled share-based payments determined at the grant date without taking into consideration all non-market vesting conditions is expensed on a straight-line basis over the vesting period, based on the Group’s estimate of equity instruments that will eventually vest, with a corresponding increase in equity (share option reserve). At the end of each reporting period, the Group revises its estimate of the number of equity instruments expected to vest based on assessment of all relevant non-market vesting conditions. The impact of the revision of the original estimates, if any, is recognized in the statement of profit or loss such that the cumulative expense reflects the revised estimate, with a corresponding adjustment to the share option reserve. For share options that vest immediately at the date of grant, the fair value of the share options granted is expensed immediately to the statement of profit or loss.

When share options are exercised, the amount previously recognized in share option reserve will be transferred to share capital. When the share options are forfeited after the vesting date or are still not exercised at the expiry date, the amount previously recognized in share option reserve will be transferred to accumulated losses.

Taxation

Income tax expense (benefit) represents the sum of the current tax and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit recognized in the consolidated statement of profit or loss because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognized on differences between the carrying amounts of assets and liabilities in the consolidated financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognized for all taxable temporary differences and deferred tax assets are recognized to the extent that it is probable that taxable profits will be available against deductible temporary differences, unused tax losses or unused tax credits. Such assets and liabilities are not recognized if the temporary difference arises from goodwill or from the initial recognition (other than in a business combination) of other assets and liabilities in a transaction that affects neither the taxable profit nor the accounting profit.

Deferred tax liabilities are recognized for taxable temporary differences arising on investments in subsidiaries, except where the Group is able to control the reversal of the temporary difference and it is probable that the temporary difference will not reverse in the foreseeable future.

The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period when the deferred liability is settled or the deferred asset is realized, based on tax rates that have been enacted or substantively enacted by the end of the reporting period.

The measurement of deferred tax assets and liabilities reflects the tax consequences that would follow from the manner in which the Group expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Deferred tax assets and liabilities are offset when there is a legally enforceable right to offset current tax assets against current tax liabilities and when they relate to income taxes levied by the same taxation authority and the Group intends to settle its current tax assets and liabilities on a net basis.

Current and deferred tax are recognized in profit or loss.

Lease

At inception of a contract, the Group assesses whether the contract is, or contains, a lease. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration.

The Group as lessee

For a contract that contains a lease component and one or more additional lease or non-lease components, the Group allocates the consideration in the contract to each lease component on the basis of the relative stand-alone price of the lease component and the aggregate stand-alone price of the non-lease components. The Group applies practical expedient not to separate non-lease components from lease component, and instead account for the lease component and any associated non-lease components as a single lease component.

In applying IFRS 16, the Group elected a simplified approach for leases with a lease term of 12 months or less from the commencement date and do not contain a purchase option. Lease payments on short-term leases are recognized as expense on a straight-line basis.

In assessing whether a lessee is reasonably certain to exercise an option to extend a lease, or not to exercise an option to terminate a lease, the Group considers all relevant facts and circumstances that create an economic incentive for the lessee to exercise the option to extend the lease, or not to exercise the option to terminate the lease. The Group revises the lease term if there is a change in the non-cancellable period of a lease.

Right-of use assets

The right-of-use asset is initially recognized at cost comprising of:

	●	amount of the initial measurement of the lease liability;
	●	any lease payments made at or before the commencement date, less any lease incentives received;
	●	any initial direct costs incurred by the Group; and
	●	an estimate of costs to be incurred by the Group in dismantling and removing the underlying asset, restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease.

Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities.

Right-of-use assets in which the Group is reasonably certain to obtain ownership of the underlying leased assets at the end of the lease term are depreciated from commencement date to the end of the useful life. Otherwise, right-of-use assets are depreciated on a straight-line basis over the shorter of its estimated useful life and the lease term.

The Group presents right-of-use assets as a separate line item on the consolidated statement of financial position.

Lease liabilities

At the commencement date of a lease, the Group recognizes and measures the lease liability at the present value of lease payments that are unpaid at that date. In calculating the present value of lease payments, the Group uses the incremental borrowing rate at the lease commencement date if the interest rate implicit in the lease is not readily determinable.

The lease payments include:

	●	fixed payments (including in-substance fixed payments) less any lease incentives receivable;
	●	variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date;
	●	amounts expected to be payable by the Group under residual value guarantees;
	●	the exercise price of a purchase option if the Group is reasonably certain to exercise the option; and
	●	payments of penalties for terminating a lease, if the lease term reflects the Group exercising an option to terminate the lease.

After the commencement date, lease liabilities are adjusted by interest accretion and lease payments. The Group remeasures lease liabilities (and makes a corresponding adjustment to the related right-of-use assets) whenever:

	●	the lease term has changed or there is a change in the assessment of exercise of a purchase option, in which case the related lease liability is remeasured by discounting the revised lease payments using a revised discount rate at the date of reassessment.
	●	the lease payments change due to changes in market rental rates following a market rent review, in which cases the related lease liability is remeasured by discounting the revised lease payments using the initial discount rate.

The Group presents lease liabilities as a separate line item on the consolidated statement of financial position.

Impairment of non-financial assets

At each reporting date, the Group reviews the carrying amounts of its tangible assets with finite useful lives to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the relevant asset is estimated in order to determine the extent of the impairment loss (if any).

The recoverable amounts of relevant assets are estimated individually. When it is not possible to estimate the recoverable amount individually, the Group estimates the recoverable amount of the cash generating unit to which the asset belongs.

In testing a cash-generating unit for impairment, corporate assets are allocated to the relevant cash-generating unit when a reasonable and consistent basis of allocation can be established, or otherwise they are allocated to the smallest group of cash generating units for which a reasonable and consistent allocation basis can be established. The recoverable amount is determined for the cash-generating unit or group of cash-generating units to which the corporate asset belongs, and is compared with the carrying amount of the relevant cash-generating unit or group of cash-generating units.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset (or a cash-generating unit) for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or a cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or a cash-generating unit) is reduced to its recoverable amount. For corporate assets or portion of corporate assets which cannot be allocated on a reasonable and consistent basis to a cash-generating unit, the Group compares the carrying amount of a group of cash-generating units, including the carrying amounts of the corporate assets or portion of corporate assets allocated to that group of cash-generating units, with the recoverable amount of the group of cash-generating units. In allocating the impairment loss, the impairment loss is allocated first to reduce the carrying amount of any goodwill (if applicable) and then to the other assets on a pro-rata basis based on the carrying amount of each asset in the unit or the group of cash-generating units. The carrying amount of an asset is not reduced below the highest of its fair value less costs of disposal (if measurable), its value in use (if determinable) and zero. The amount of the impairment loss that would otherwise have been allocated to the asset is allocated pro rata to the other assets of the unit or the group of cash-generating units. An impairment loss is recognized immediately in profit or loss.

Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit or a group of cash-generating units) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognized for the asset (or a cash-generating unit or a group of cash-generating units) in prior years. A reversal of an impairment loss is recognized immediately in profit or loss.

Cash and cash equivalents

Cash and cash equivalents mainly comprised of cash at different banks. The Company considers all short-term investments with an original maturity of three months or less when purchased as cash and cash equivalents. As of 31 March 2025 and 2024, the Group did not have such short term investments.

Financial instruments

Financial assets and financial liabilities are recognized when a group entity becomes a party to the contractual provisions of the instrument. All regular way purchases or sales of financial assets are recognized and derecognized on a settlement date basis. Regular way purchases or sales are purchases or sales of financial assets that require delivery of assets within the time frame established by regulation or convention in the market place.

Financial assets and financial liabilities are initially measured at fair value except for trade receivables arising from contracts with customers which are initially measured in accordance with IFRS 15. Transaction costs that are directly attributable to the acquisition or issue of financial assets and financial liabilities (other than financial assets or financial liabilities at fair value through profit or loss (“FVTPL”)) are added to or deducted from the fair value of the financial assets or financial liabilities, as appropriate, on initial recognition. Transaction costs directly attributable to the acquisition of financial assets or financial liabilities at FVTPL are recognized immediately in profit or loss.

The effective interest method is a method of calculating the amortized cost of a financial asset or financial liability and of allocating interest income and interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash receipts and payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial asset or financial liability, or, where appropriate, a shorter period, to the net carrying amount on initial recognition.

Financial assets

Classification and subsequent measurement of financial assets

Financial assets that meet the following conditions are subsequently measured at amortized cost:

	●	the financial asset is held within a business model whose objective is to collect contractual cash flows; and
	●	the contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

All other financial assets are subsequently measured at FVTPL.

Amortized cost and interest income

Interest income is recognized using the effective interest method for financial assets measured subsequently at amortized cost. Interest income is calculated by applying the effective interest rate to the gross carrying amount of a financial asset, except for financial assets that have subsequently become credit-impaired (see below). For financial assets that have subsequently become credit-impaired, interest income is recognized by applying the effective interest rate to the amortized cost of the financial asset from the next reporting period. If the credit risk on the credit-impaired financial instrument improves so that the financial asset is no longer credit-impaired, interest income is recognized by applying the effective interest rate to the gross carrying amount of the financial asset from the beginning of the reporting period following the determination that the asset is no longer credit-impaired. At the end of the reporting period, trade and other receivables are measured at amortized cost.

Financial assets at FVTPL

Financial assets that do not meet the criteria for being measured at amortized cost or Fair Value Through Other Comprehensive Income (“FVTOCI”) or designated as FVTOCI are measured at FVTPL.

Financial assets at FVTPL are measured at fair value at the end of each reporting period, with any fair value gains or losses recognized in profit or loss. The net gain or loss recognized in profit or loss excludes any dividend or interest earned on the financial asset.

Impairment of financial assets subject to impairment assessment under IFRS 9

The Group performs impairment assessment under expected credit loss (“ECL”) model on financial assets (including trade and other receivables and amounts due from an associate/shareholders/related companies) which are subject to impairment assessment under IFRS 9. The amount of ECL is updated at each reporting date to reflect changes in credit risk since initial recognition.

Lifetime ECL represents the ECL that will result from all possible default events over the expected life of the relevant instrument. In contrast, 12-month ECL (“12m ECL”) represents the portion of lifetime ECL that is expected to result from default events that are possible within 12 months after the reporting date. Assessments are done based on the Group’s historical credit loss experience, adjusted for factors that are specific to the debtors, general economic conditions and an assessment of both the current conditions at the reporting date as well as the forecast of future conditions.

The Group always recognizes lifetime ECL for trade receivables.

For all other instruments, the Group measures the loss allowance equal to 12-month expected credit loss (“ECL”), unless there has been a significant increase in credit risk since initial recognition, in which case the Group recognizes lifetime ECL. The assessment of whether lifetime ECL should be recognized is based on significant increases in the likelihood or risk of a default occurring since initial recognition.

Derecognition of financial assets

The Group derecognizes a financial asset only when the contractual rights to the cash flows from the asset expire, or when it transfers the financial asset and substantially all the risks and rewards of ownership of the asset to another entity. If the Group neither transfers nor retains substantially all the risks and rewards of ownership and continues to control the transferred asset, the Group recognizes its retained interest in the asset and an associated liability for amounts it may have to pay. If the Group retains substantially all the risks and rewards of ownership of a transferred financial asset, the Group continues to recognize the financial asset and also recognizes a collateralized borrowing for the proceeds received.

On derecognition of a financial asset measured at amortized cost, the difference between the asset’s carrying amount and the sum of the consideration received and receivable is recognized in profit or loss.

Financial liabilities and equity

Classification as debt or equity

Debt and equity instruments are classified as either financial liabilities or as equity in accordance with the substance of the contractual arrangements and the definitions of a financial liability and an equity instrument.

Equity instruments

An equity instrument is any contract that evidences a residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments issued by the Company are recognized at the proceeds received, net of direct issue costs.

Transaction costs directly attributable to the issuance of new shares in the IPO are accounted for as a deduction from share premium. Other offering-related costs are expensed in the consolidated statement of profit or loss and other comprehensive loss.

Financial liabilities at FVTPL

Financial liabilities are classified as at FVTPL when the financial liability is (i) contingent consideration of an acquirer in a business combination to which IFRS 3 applies, (ii) held for trading or (iii) it is designated as at FVTPL.

A financial liability is held for trading if:

●	it has been acquired principally for the purpose of repurchasing it in the near term; or
●	on initial recognition it is part of a portfolio of identified financial instruments that the Group manages together and has a recent actual pattern of short-term profit-taking; or
●	it is a derivative, except for a derivative that is a financial guarantee contract or a designated and effective hedging instrument.

A financial liability other than a financial liability held for trading or contingent consideration of an acquirer in a business combination may be designated as at FVTPL upon initial recognition if:

●	such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise; or
●	the financial liability forms part of a group of financial assets or financial liabilities or both, which is managed, and its performance is evaluated on a fair value basis, in accordance with the Group’s documented risk management or investment strategy, and information about the grouping is provided internally on that basis; or
●	it forms part of a contract containing one or more embedded derivatives, and IFRS 9 permits the entire combined contract to be designated as at FVTPL.

For financial liabilities that are designated as at FVTPL, the amount of changes in the fair value of the financial liability that is attributable to changes in the credit risk of that liability is recognized in other comprehensive income, unless the recognition of the effects of changes in the liability’s credit risk in other comprehensive income would create or enlarge an accounting mismatch in profit or loss.

Financial liabilities at amortized cost

Financial liabilities including other payables and amounts due to an associate/related parties/directors are subsequently measured at amortized cost, using the effective interest method.

Redeemable Preferred shares/ convertible loan notes

At the date of issue, redeemable preferred shares and convertible loan notes are designated as at FVTPL with both the debt component and derivative components recognized at fair value. In subsequent period, changes in fair value are recognized in profit or loss as fair value gain or loss except for changes in the fair value that is attributable to changes in the credit risk (excluding changes in fair value of the derivatives component) is recognized in other comprehensive income, unless the recognition of the effects of changes in the credit risk in other comprehensive income would create or enlarge an accounting mismatch in profit or loss. Changes in fair value attributable to the credit risk that are recognized in other comprehensive income are not subsequently reclassified to profit or loss, they are transferred to retained profits upon derecognition.

Transaction costs relating to the issue of all these instruments are charged to profit or loss immediately.

Derecognition of financial liabilities

The Group derecognizes financial liabilities when, and only when, the Group’s obligations are discharged, cancelled or have expired. The difference between the carrying amount of the financial liability derecognized and the consideration paid and payable is recognized in profit or loss.

Related parties

A related party is a person or entity that is related to the Group.

(a)

A person or a close member of that person’s family is related to the Group if that person:

	i.	has control or joint control over the Group;
	ii.	has significant influence over the Group; or
	iii.	is a member of key management personnel of the Group or the Group’s parent.

(b)

An entity is related to the Group if any of the following conditions apply:

	i.	The entity and the Group are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others).
	ii.	One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member).
	iii.	Both entities are joint ventures of the same third party.
	iv.	One entity is a joint venture of a third entity and the other entity is an associate of the third entity.
	v.	The entity is a post-employment benefit plan for the benefit of the employees of the Group or an entity related to the Group.
	vi.	The entity is controlled or jointly controlled by a person identified in (a).
	vii.	A person identified in (a)(i) has significant influence over the entity or is a member of key management personnel of the entity (or of a parent of the entity).
	viii.	The entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group.

Current versus non-current classification

The Group presents assets and liabilities in the consolidated statement of financial position based on current/non-current classification. An asset is current when:

	●	It is expected to be realized or intended to be sold or consumed in normal operating cycle;
	●	It is held primarily for the purpose of trading;
	●	It is expected to be realized within twelve months after the reporting period; or
	●	It is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period.

All other assets are classified as non-current.

A liability is current when:

	●	It is expected to be settled in normal operating cycle;
	●	It is held primarily for the purpose of trading;
	●	It is due to be settled within twelve months after the reporting period; or
	●	There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period.

All other liabilities are classified as non-current.

SCHEDULE OF GENERAL AND ADMINISTRATIVE EXPENSES (Details) (Parenthetical) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Basic salaries, allowances and all benefits-in-kind

$ 3,865,438

$ 3,581,537

$ 4,261,273

Pension costs - defined contribution plans

92,346

109,590

176,356

Share-based payments

859,685

1,352,835

587,821

Total employees’ benefits

^[1]

4,817,469

5,043,962

5,025,450

Research and development expenses

831,088

1,334,865

2,089,914

Research and development expenditure

$ 0

151

Right-of-use assets, beginning balance

$ 369,648

[1]	The above includes the cost of both employees and contractors. At 31 March 2025, the Company had 26 employees and 9 contractors (2024: 22 employees and 7 contractors; 2023: 26 employees and 10 contractors).

SCHEDULE OF RIGHT-OF-USE ASSETS, NET (Details) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

$ 357,202

Additions

^[1]

482,619

Amortization

(125,575)

(99,580)

Modification adjustment

^[2]

(5,955)

(25,837)

Right-of-use assets, beginning balance

$ 225,672

$ 357,202

[1]	In June 2023, the Group entered into a lease agreement in Monaco which expires in January 2027. The lease has an annual break clause.
[2]	There were rent reviews in February 2024 and 2025 and modification adjustments were made to account for the change in monthly rent.

SCHEDULE OF TRANSACTIONS WITH OTHER RELATED PARTIES (Details) (Parenthetical) - USD ($)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Jan. 21, 2025

Jul. 31, 2024

Write-off of due from related company

Licence fee income

$ 42,680

$ 71,333

$ 387,751

Contractor fee

^[1]

260,417

250,000

^[2]

81,347

Borrowings, interest rate

^[3],[4]

369,648

8.00%

Loan from immediate holding

^[5]

24,548

$ 80,219

60,712

^[6]

$ 129,423

187,584

78,926

Loans and advances

$ 3,530,091

Cash

$ 530,019

Convertible loan percentage

8.00%

Interest on convertible loan

^[7]

$ 238,960

266,520

80,822

Diginex Holdings Limited [member]

Borrowings, interest rate

$ 1,000,000

8.00%

Rhino Ventures Limited [member]

Working Capital Innovation Fund II L.P. [member]

$ 517,535

$ 482,465

Rhino Ventures [member]

Borrowings, interest rate

$ 1,664,483

8.00%

151

$ 369,648

$ 369,648

[1]	During the year ended 31 March 2025, Miles Pelham, controller of Rhino Ventures, engaged as a contractor to provide management services in return for a fee of $260,417 (2024: $250,000; 2023: $250,000).
[2]	During the year ended 31 March 2024, the Group has fully written off the amount due from a related company, Diginex (Holdings) Limited, a company controlled by Rhino Ventures, of $81,347 (2025 and 2023: $Nil).
[3]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[4]	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).
[5]	The Group had a loan with a principal of $
[6]	The Group had a loan outstanding from immediate holding company, Rhino Ventures. The loan bore an
[7]	The Group issued convertible loan notes to the shareholders of the Company. The convertible loan note bore an 8% annual interest charge and interest of $238,960 was accrued during the year ended 31 March 2025 (2024: $266,520; 2023: 80,822). The convertible loan notes were converted into ordinary shares on 20 December 2024.

SCHEDULE OF FINANCIAL ASSETS AND FINANCIAL LIABILITIES MEASURED AT AMORTIZED COST (Details) - USD ($)

Mar. 31, 2025

Mar. 31, 2024

Mar. 31, 2023

Mar. 31, 2022

Trade receivables

$ 1,394,545

$ 182,334

Cash and cash equivalents

^[1]

650,486

184,018

Contract assets

750

69,354

Restricted bank balance

399,400

3,111,141

76,620

$ 1,183,176

$ 1,274,494

Trade payables

200,660

788,798

Other payables

11,852

11,057

Due to related companies

34,579

Lease liabilities

237,675

365,356

Financial liabilities at amortised cost, class [member]

Due to immediate holding company

Restricted bank balance

399,400

Trade payables

200,660

788,798

Other payables

11,852

11,057

Tax payables

8,917

Due to related companies

34,579

5,345,929

Loans from immediate holding company

1,930,993

1,140,931

Lease liabilities

237,675

365,356

Financial liabilities

484,766

9,626,560

Financial assets at amortised cost, class [member]

Trade receivables

1,394,545

182,334

Cash and cash equivalents

650,486

184,018

Contract assets

750

69,354

3,111,141

76,620

Financial assets

$ 5,556,322

$ 512,326

[1]

As of 31 March 2024, other receivables mainly comprised $142,633 of deferred transaction costs in connection with the IPO of the Company (the “Deferred IPO Expenses”) and an outstanding balance $41,385 with payment channel, Stripe. The Deferred IPO Expenses with an aggregate amount of $1,432,343 were deducted against share premium upon the successful closing of the IPO. Other Receivables also includes fund raising costs of $400,000 and $250,000 paid under the Nomas MOU and the Al Noor MOU, respectively.

SHARE CAPITAL (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF SHARE CAPITAL

													Share capital
													net of capital
		Share capital					Share		Capital		Warrant		reserve and warrant
	Notes	Shares		Amount			premium		reserve		reserve		reserve
				USD			USD		USD				USD
Balance at 1 April 2022 and 31 March 2023 – pre-recapitalization			11,582		3,725,301			-		-		-		3,725,301
Recapitalization of DSL (1:410 exchange ratio)	(b)		4,737,038		(3,724,826	)		-		3,724,826		-		-
Sub-total			4,748,620		475			-		3,724,826		-		3,725,301
Share Subdivision	(c)		4,748,620		-			-		-		-		-
Balance at 31 March 2023 – recapitalized			9,497,240		475			-		3,724,826		-		3,725,301

Balance at 1 April 2023 – pre-recapitalization			11,582		3,725,301			-		-		-		3,725,301
Exercise of share option awards	(a)		44		27,368			-		-		-		27,368
Balance at 31 March 2024 – pre-recapitalization			11,626		3,752,669			-		-		-		3,752,669
Recapitalization of DSL (1:410 exchange ratio)	(b)		4,755,034		(3,752,192	)		-		3,752,192		-		-
Sub-total			4,766,660		477			-		3,752,192		-		3,752,669
Founding share of the Company			1		-			-		-		-		-
Sub-total			4,766,661		477			-		3,752,192		-		3,752,669
Share Subdivision	(c)		4,766,661		-			-		-		-		-
Balance at 31 March 2024 – recapitalized			9,533,322		477			-		3,752,192		-		3,752,669

Balance at 1 April 2024 – pre-recapitalization			11,626		3,752,669			-		-		-		3,752,669
Pre-capitalized balance			11,626		3,752,669			-		-		-		3,752,669
Exercise of share option awards (pre-recapitalization)	(d)		44		27,368			-		-		-		27,368
Capital Raise	(e)		5,086		1,346,800			-		-		6,653,200		8,000,000
Pre-recapitalized balance			16,756		5,126,837			-		-		6,653,200		11,780,037
Recapitalization of DSL (1:410 exchange ratio)	(b)		6,853,204		(5,126,150	)		-		5,126,150				-
Sub-total			6,869,960		687			-		5,126,150		6,653,200		11,780,037
Pre capitalized sub-total			6,869,960		687			-		5,126,150		6,653,200		11,780,037
Founding share of the Company			1		-			-		-				-
Sub-total			6,869,961		687			-		5,126,150		6,653,200		11,780,037
Post capitalized sub-total			6,869,961		687			-		5,126,150		6,653,200		11,780,037
Share Subdivision	(c)		6,869,961		-			-		-				-
Recapitalized balance			13,739,922		687			-		5,126,150		6,653,200		11,780,037
Exercise of share option awards (post-recapitalization)	(f)		1,003,680		50			1,768,661		-		-		1,768,711
Conversion of Preferred Shares	(g)		2,583,820		129			5,610,871		-		-		5,611,000
Conversion of convertible loan notes	(g)		2,347,134		117			6,133,664		-		-		6,133,781
Capitalization of loan from immediate holding company	(h)		731,707		37			2,999,963		-		-		3,000,000
IPO and Exercise of overallotment option	(i)		2,587,500		130			9,176,277		-		-		9,176,407
Issuance of IPO Warrants	(j)		-		-			-		-		72,610,000		72,610,000
Balance at 31 March 2025			22,993,763		1,150			25,689,436		5,126,150		79,263,200		110,079,936
Recapitalized balance			22,993,763		1,150			25,689,436		5,126,150		79,263,200		110,079,936

(a)	In October 2023, DSL issued 44 ordinary shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.

(b)

On 15 July 2024, the Company completed a Share Exchange Transaction (the “Transaction”) with DSL and each of the shareholders of DSL. Prior to the Transaction, the Company had issued one founding share with a par value of USD 0.0001 and was a newly incorporated entity without material business activities, while DSL was the parent of the DSL Group. The Transaction resulted in the Company becoming the immediate holding company of DSL and DSL became a wholly owned subsidiary of the Company. The Transaction resulted in one share in DSL being exchanged for four hundred and ten (410) Ordinary Shares.

(c)

On 26 July 2024, the authorized share capital of the Company changed to USD50,000 divided into 960,000,000 Ordinary Shares of USD0.00005 par value each and 40,000,000 Preferred Shares of USD0.00005 par value each (the “Share Subdivision”). The Share Subdivision resulted in the shareholding of each Company shareholder increasing by a multiple of two.

(d)	In April 2024, DSL issued 44 shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.

(e)

On May 27, 2024, DSL Group completed the Capital Raise and DSL allotted 5,086 ordinary shares and 10,172 warrants to Rhino Ventures. The warrants have a fair value of $6,653,200 and $1,346,800 being allocated to share capital with a total value recognized in reserves of $8,000,000. These shares equate to 4,170,520 shares post the Recapitalization.

(f)	In August 2024, the Company issued 1,003,680 shares to certain employees via the exercising of vested employee share options. These shares rank pari passu with the Ordinary Shares in all respects.

(g)

On December 20, 2024, the Company’s registration statement Form F-1 being declared effective by the SEC. This resulted in outstanding Preferred Shares converting into 2,583,820 Ordinary Shares on a 1:1 basis. All the outstanding convertible loan notes with an aggregate face value of $4,350,000 and accrued interest of $751,781, totaling $5,101,781, also converted into Ordinary Shares at a conversion price of $2.17 resulting in the issuance of 2,347,134 Ordinary Shares.

(h)	Pursuant to a triparty loan agreement dated September 30, 2024, $3.0 million loan from Rhino Ventures was capitalized through the issuance of 731,707 Ordinary Shares.

(i)

On January 23, 2025, the Company closed on its IPO of 2,250,000 ordinary shares, par value $0.00005 per share, at a public offering price of $4.10 per ordinary share, for total gross proceeds of $9,225,000, before deducting underwriting discounts, commissions, and other related expenses. The net proceeds amounted to $7,747,756.

On January 27, 2025, the Company also closed on the underwriter’s exercise of the Over-Allotment Option to purchase 337,500 Ordinary Shares pursuant to the Underwriting Agreement. Pursuant to the Over-Allotment Option, the underwriters purchased an additional 337,500 Ordinary Shares at the public offering price of $4.10 per share, resulting in additional gross proceeds of $1.38 million, before deducting underwriting discounts and other related expenses. The net proceeds amounted to $1,261,969.

After giving effect to the full exercise of the Over-Allotment Option, the total number of Ordinary Shares sold by the Company in the IPO increased to 2,587,500 Ordinary Shares. The gross proceeds of $10,608,750 are deducted against the Deferred IPO Expenses of $1,432,343 upon the successful closing of the IPO and share capital of $130 and share premium of $9,176,277 are recognized.

(j)

On January 23, 2025, the Company issued Rhino Ventures 6 tranches of the IPO Warrants (as defined in note 21.2) , with each tranche comprising 2,250,000 warrants, in connection with the IPO. For details, please refer to note 21.2.

INCOME TAX EXPENSE (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF CURRENT INCOME TAXES

The income tax expense for the year can be reconciled to the loss for the year per the consolidated statement of profit or loss and other comprehensive income as follows:

SCHEDULE OF CURRENT INCOME TAXES

	Year ended			Year ended			Year ended
	31 March 2025			31 March 2024			31 March 2023
	USD			USD			USD
Loss before taxation		(5,212,879	)		(4,862,470	)		(9,257,598	)

Notional tax calculated at the rates applicable to profits in the tax jurisdictions concerned		(381,348	)		(821,825	)		(1,555,403	)
Tax effect of expenses that are not deductible		215,019			405,775			451,111
Tax effect of income that are not taxable		-			(676,665	)		-
Tax effect of tax losses not recognized		166,329			1,092,715			1,104,292
Under-provision in prior years		-			8,917			-
Income tax expense		-			8,917			-

COMPANY ORGANIZATION AND PRINCIPAL ACTIVITIES (Details Narrative) - USD ($)						12 Months Ended
	Mar. 17, 2025	Jan. 27, 2025	Jan. 23, 2025	Jul. 14, 2024	May 27, 2024	Mar. 31, 2025	Mar. 31, 2024	Jul. 15, 2025	Jan. 21, 2025	Dec. 20, 2024	Sep. 30, 2024	Jul. 31, 2024	Jul. 26, 2024	May 31, 2024
IfrsStatementLineItems [Line Items]
Number of shares outstanding		2,587,500								2,583,820
Convertible loan notes						$ 0		$ 4,350,000	$ 3,000,000	$ 5,101,781
Issued capital		$ 130				1,150	$ 477
Par value per share			$ 0.00005							$ 2.17
Capital raise	$ 250,000,000
Number of shares issued									731,707	2,347,134
Warrant reserve						$ 79,263,200
Proceeds from issue initial public offering			2,250,000
Share price		$ 4.10	$ 4.10			$ 2.098
Other expense by nature		$ 1,383,750	$ 9,225,000				$ 1,432,343
Proceeds from issue of preference shares		$ 1,261,969	$ 7,747,756
Proceeds from issue initial public offering		337,500
Increase decrease in number of ordinary shares		$ 10,608,750
Proceeds from issue of ordinary shares		$ 9,009,725
Escrow account for future expenses						$ 399,400
A1 Noor MOU [member]
IfrsStatementLineItems [Line Items]
Aggregate amount						$ 650,000
Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Capital raise					$ 8,000,000
Bottom of range [member]
IfrsStatementLineItems [Line Items]
Issued capital													$ 50,000
Top of range [member]
IfrsStatementLineItems [Line Items]
Issued capital													$ 50,000
Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding										2,583,820
Number of shares issued									731,707
Ordinary shares [member] \| Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Number of shares issued					5,086						731,707			5,086
Warrant reserve					$ 6,059,142
Share capital reserve					$ 1,940,858
Ordinary shares [member] \| Bottom of range [member]
IfrsStatementLineItems [Line Items]
Number of shares authorised													480,000,000
Par value per share													$ 0.0001
Ordinary shares [member] \| Top of range [member]
IfrsStatementLineItems [Line Items]
Number of shares authorised													960,000,000
Par value per share													$ 0.00005
Series A preference shares [member] \| Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Number of shares issued					151
Warrants [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding														4,170,520
Issued capital														$ 8,000,000.0
Number of shares issued			2,250,000											4,170,520
Warrants [member] \| Tranche One [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 5.13
Warrants [member] \| Tranche Two [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 6.15
Warrants [member] \| Tranche Three [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 7.18
Warrants [member] \| Tranche Four [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 8.20
Warrants [member] \| Tranche Five [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 10.25
Warrants [member] \| Tranche Six [member]
IfrsStatementLineItems [Line Items]
Number of shares issued			2,250,000
Exercise price			$ 12.30
Warrants [member] \| Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Number of shares issued					10,172									10,172
Preferred shares [member] \| Bottom of range [member]
IfrsStatementLineItems [Line Items]
Number of shares authorised													20,000,000
Par value per share													$ 0.0001
Preferred shares [member] \| Top of range [member]
IfrsStatementLineItems [Line Items]
Number of shares authorised													40,000,000
Par value per share													$ 0.00005
Diginex Solutions (HK) Limited [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding						410
Par value per share						$ 0.00005
Share capital reserve					$ 8,000,000
Diginex Solutions (HK) Limited [member] \| Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding				16,756
Description of conversion of equity				one (1) ordinary share of DSL for four hundred and ten (410) Ordinary Shares of the Company (“Ordinary Shares”)
Diginex Solutions (HK) Limited [member] \| Series A preference shares [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding				3,151
Description of conversion of equity				one (1) series A preferred share of DSL for four hundred and ten (410) Preferred Shares of the Company (“Preferred Shares”)
Diginex Solutions (HK) Limited [member] \| Warrants [member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding				10,172
Description of conversion of equity				one (1) warrant of DSL for four hundred and ten (410) warrants of the Company (“Private Warrants”).
Number of shares issued												4,170,520
Share capital reserve					$ 6,653,200
Diginex Solutions (HK) Limited [member] \| Warrants [member] \| Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Number of shares issued					10,172

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF TRANSACTIONS WITH OTHER RELATED PARTIES

		Year ended		Year ended		Year ended
	Notes	31 March 2025		31 March 2024		31 March 2023
		USD		USD		USD
Subscription fee income	(a)		42,680		71,333		387,751
Consultancy fee	(b)		260,417		250,000		250,000
Write-off of due from related company	(c)		-		81,347		-
Share-based payments expenses on anti-dilution issuance of Preferred Shares	(d)		369,648		-		-
Finance charges on:
Loan from a related company	(e)		24,548		80,219		60,712
Loans from immediate holding company	(f)		129,423		187,584		78,926
Convertible loan notes	(g)		238,960		266,520		80,822

(a)	During the year ended 31 March 2025, the Group entered into sales agreements with certain shareholders amounting to $42,680 in revenue generated (2024: $71,333; 2023: $387,751).

(b)	During the year ended 31 March 2025, Miles Pelham, controller of Rhino Ventures, engaged as a contractor to provide management services in return for a fee of $260,417 (2024: $250,000; 2023: $250,000).

(c)	During the year ended 31 March 2024, the Group has fully written off the amount due from a related company, Diginex (Holdings) Limited, a company controlled by Rhino Ventures, of $81,347 (2025 and 2023: $Nil).

(d)	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).

(e)

The Group had a loan with a principal of $1,000,000, bore an 8% annual interest charge, due to Diginex (Holdings) Limited.

(f)

(g)

SCHEDULE OF KEY MANAGEMENT COMPENSATION

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Basic salaries, allowances and all benefits-in-kind (a)		1,616,693		1,514,495		1,304,369
Pension costs - defined contribution plans		6,924		7,308		7,885
Share-based payments		782,338		1,324,067		410,912
Key management compensation		2,405,955		2,845,870		1,723,166

(a)	Basic salaries, allowances and all benefits-in-kind include a payment of $260,417 to the Chairman of Diginex. The Chairman is also the controller of a related party, Rhino Ventures Limited.

REVENUE

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

REVENUE

5 REVENUE

An analysis of the Group’s revenue for the reporting periods are as follows:

SCHEDULE OF REVENUE

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
At a point-in-time:
Software license fee		900,000		-		-
Customization		462,569		695,243		1,019,064
Advisory service income		274,420		160,085		-
Revenue		1,636,989		855,328		1,019,064
Over time:
Advisory service income		-		-		248,497
Software subscription fee		403,613		444,210		358,202
Revenue		403,613		444,210		606,699
Revenue		2,040,602		1,299,538		1,625,763

All service provided by the Group are for periods of one year or less. As permitted under IFRS 15, the transaction price allocated to the remaining performance obligations is not disclosed.

EVENTS (UNAUDITED) SUBSEQUENT TO THE DATE OF INDEPENDENT AUDITOR’S REPORT (Details Narrative) - USD ($)	Aug. 18, 2025	Aug. 12, 2025	Aug. 22, 2025	Jul. 22, 2025	Jan. 27, 2025	Dec. 20, 2024
IfrsStatementLineItems [Line Items]
Number of shares outstanding					2,587,500	2,583,820
Non Adjusting Events After Reporting Period [member]
IfrsStatementLineItems [Line Items]
Precentage of acquire interest		100.00%
[custom:MemorandumOfUnderstandingDescription]		The Findings MOU values Findings at US$305 million which will be paid by $270 million in the Company’s ordinary shares and up to US$35 million in cash. The Company’s ordinary shares will be valued based on the 60-business day trailing VWAP of the Company’s ordinary shares as of the Findings MOU signing date, with ordinary shares subject to customary lock-up periods ranging from 9 to 18 months for Findings’ shareholders. The cash consideration will be split as $15 million paid upon closing and $20 million paid subject to Findings achieving certain EBITDA or ARR thresholds.
[custom:OrdinarySharesDescription]	September 5, 2025 will receive 7 bonus ordinary shares for every one ordinary share
Non Adjusting Events After Reporting Period [member] \| Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Precentage of acquire interest			100.00%
Consideration transferred, acquisition-date fair value			$ 50,000,000
Ordinary shares [member] \| Events After Reporting Period [Member]
IfrsStatementLineItems [Line Items]
Number of shares outstanding				2,250,000
Exercise price of outstanding share options				$ 5.13
Ordinary shares [member] \| Non Adjusting Events After Reporting Period [member]
IfrsStatementLineItems [Line Items]
Warrants exercise price value				$ 11,542,500

SCHEDULE OF FINANCE COSTS, NET (Details) - USD ($)	12 Months Ended
SCHEDULE OF FINANCE COSTS, NET (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Notes and other explanatory information [abstract]
Convertible loan notes	$ 238,960	$ 266,520	$ 80,822
Loan from immediate holding company	129,423	187,584	78,926
Loan from a related company	24,548	80,219	60,712
Lease liabilities	17,236	18,328
Finance costs	$ 410,167	$ 552,651	$ 220,460

SUBSEQUENT EVENTS

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SUBSEQUENT EVENTS

28 SUBSEQUENT EVENTS

In accordance with IAS 10 “Events after the Reporting Period”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all events or transactions that occurred after the balance sheet date, up through the date the Company issued the financial statements.

●

On May 6, 2025, Rhino Ventures sold the tranches 4, 5 and 6 of the IPO Warrants to Nomas Global Investments-LLC-S.P.C for consideration of $300 million. Rhino Ventures received a promissory note for $50 million upon sale and will receive $250 million at December 31, 2025.

●

The Group entered into two new lease agreements to provide additional workspace for the Group’s expanding operations in UK and HK:

	●	An 18-month office lease in the United Kingdom, commencing in April 2025, with monthly rent of GBP3,782 (approximate: $5,105). Right-of-use assets and lease liabilities would be recognized for the lease in accordance with IFRS 16 Leases.

	●	A one-year office lease in Hong Kong, commencing in June 2025, with monthly rent of HK$52,000 (approximately: $6,625). Given the lease has a lease term of 12 months, the lease would be accounted for as a short-term lease and the Group would recognize the lease payments as an expense over the lease term.

●

On May 23, 2025, the Company signed a memorandum of understanding (the “Matter MOU”) to acquire Matter DK ApS (“Matter”) in an all share acquisition. Matter is an innovative ESG data company focused on delivering sustainability data and analytics solutions to the investment industry and helping financial institutions understand and communicate the sustainability of investments. Matter is based in Copenhagen, Denmark. The Matter MOU values the equity of Matter at $13 million which will be paid through the issuance of the Company’s ordinary shares valued at the 60-trading day trailing VWAP (volume weighted average price) as of May 23, 2025, and such shares issued to Matter will subject to an 18-month lock-up period. Target executives and key employees will also receive $2.5 million of Diginex shares with 50% released after 18 months following 12 months of good service and 50% after 30 months following 24 months of good service.

	●	On May 23, 2025, the Company entered into a loan agreement with Matter (the “Matter Loan Agreement”), pursuant to which the Company agreed to loan Matter EUR 250,000, as follows: (1) EUR 150,000 (approximately: $175,500) within 3 business days of the signing of the Matter MOU, (2) EUR 50,000 (approximately: $58,500) within 30 days following the signing of the Matter MOU, and (3) EUR 50,000 (approximately: $58,500) within 60 days following the signing of the Matter MOU. The loan principal shall accrue interest at a rate of 5% per annum. Matter shall repay all amounts outstanding under the Matter Loan Agreement together with all accrued interest only if the Company fails to acquire 100% of the share capital of Matter under permitted reasons set forth in the Matter MOU. Repayment will be due 60 days after notification from the Company that they will not proceed with the acquisition of Matter.

	●	On June 5, 2025, the Company signed a memorandum of understanding (the “Resulticks MOU”) for an acquisition of Resulticks Global Companies Pte. Limited (“Resulticks”) for shares and cash. Resulticks is a globally recognized leader in real-time, AI-driven customer engagement and data management solutions.

	●	The Resulticks MOU values Resulticks at $2 billion which will be paid by the Company in three tranches: (1) $1.4 billion in the Company’s ordinary shares valued at $72 per share and subject to a 12-18 month lock-up. Shares will be issued at closing of the transaction; (2) $100 million in cash that is payable by the Company within 90 days of the closing of the transaction; and (3) an earnout of up to $500 million payable in the Company’s ordinary shares valued at $72 per share and paid in 3 independent tranches subject to Resulticks attaining at least 75% of the below audited EBITDA threshold figures:

SCHEDULE OF EBITDA THRESHOLD

	Earnout Amount	Accounting Period	EBITDA Threshold*
a.	$166,666,666	Fiscal Year 2026	$100,000,000
b.	$166,666,667	Fiscal Year 2027	$200,000,000
c.	$166,666,667	Fiscal Year 2028	$325,000,000

Resulticks shall receive a pro rated portion of the Earnout Amount provided Resulticks achieves between 75% and 100% of the EBITDA Threshold.

●

On June 23, 2025, the Company entered into a funding agreement with Resulticks. Under the terms of this agreement, the Company has agreed to provide Resulticks with funding of up to $11,000,000, to be disbursed in tranches as mutually agreed between the parties. The funding is intended to be completed by 11 July 2025 and will be offset against the proposed $200 million post-acquisition funding, if the acquisition proceeds. In the event that (a) the parties mutually determine not to proceed with the acquisition, or (b) the parties fail to enter into a definitive agreement by July 28, 2025 (or such later date as may be mutually agreed) (each a “Deal Failure”), any amounts disbursed under the funding arrangement will become repayable within 45 calendar days of a Deal Failure and will accrue interest at a rate of 10% per annum, effective from the date of initial disbursement until repayment.

		Furthermore, the agreement provides that if Resulticks raises capital or draws down from a debt facility prior to the acquisition or a Deal Failure, the proceeds from such funding must be applied to repay any amounts disbursed by Diginex under the funding arrangement.

		Up to the date of this report, the Company has disbursed $8 million to Resulticks.

	●	On June 24, 2025, the Company received a non-interest-bearing advance of $5 million from Rhino Ventures who holds IPO Warrants in the Company and a further advance of $3 million on July 4, 2025. Rhino Ventures intends to make additional advances on a piecemeal basis through to late-July 2025, with the total amount to be applied toward the exercise of certain tranches of IPO Warrants into ordinary shares of the Company.

	●	On July 1, 2025, the Board of Directors approved a forward stock split of its authorized issued and unissued shares such that the authorized share capital of the Company shall be changed to US$50,000 divided into 7,680,000,000 ordinary shares of par value $0.00000625 each and 320,000,000 preferred shares of par value $0.00000625 each. The forward stock split is subject to shareholders approval and will be voted on at an extraordinary general meeting (EGM) to be held on July 29, 2025.

SHARE-BASED PAYMENTS (Details Narrative)				12 Months Ended
SHARE-BASED PAYMENTS (Details Narrative)	Jan. 27, 2025 $ / shares	Jan. 23, 2025 $ / shares	Jul. 28, 2024 shares	Mar. 31, 2025 $ / shares	Mar. 31, 2024 $ / shares	Mar. 31, 2023
Notes and other explanatory information [abstract]
Number of share options granted in share-based payment arrangement \| shares			5,400,000
Weighted average share price, recapitalized				$ 2.746	$ 2.998
Weighted average share price	$ 4.10	$ 4.10		$ 2.098
Weighted average remaining contractual life				2 years 6 months 25 days	7 months 17 days	1 year 7 days
Percentage of equity value				100.00%

BASIS OF PREPARATION

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

BASIS OF PREPARATION

2 BASIS OF PREPARATION

These consolidated financial statements for the years ended 31 March 2023, 2024 and 2025 have been prepared in accordance with the International Financial Reporting Standards (“IFRSs”) issued by the International Accounting Standards Board (“IASB”).

2.1 Going concern basis of accounting

The directors of the Company have, at the time of approving the consolidated financial statements, a reasonable expectation that the Group has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the consolidated financial statements.

2.2 Application of new and amendments to IFRSs

For the purpose of preparing the consolidated financial statements for the year ended 31 March 2025, the Group has consistently applied the accounting policies which conform with IFRSs, which includes IFRSs, International Accounting Standards (“IAS”) and Interpretations (“IFRIC – Int”) issued by the IASB that are effective for the accounting period beginning on 1 April 2024, throughout the years.

In the current year, the Group has applied the following amendments to IFRSs issued by the IASB for the first time, which are mandatorily effective for the Group’s financial annual periods beginning on or after 1 April 2024 for the preparation of the consolidated financial statements:

●	Amendments to IAS 1 “Classification of Liabilities as Current or Non-Current”
●	Amendments to IFRS 16 “Lease Liability in a Sale and Leaseback”
●	Amendments to IAS 1 “Non-current Liabilities with Covenants”
●	Amendments to IAS 7 and IFRS 7 “Supplier Finance Arrangements”

The application of the amendments to IFRSs in the current year has had no material impact on the Group’s financial positions and performance for the current and prior years and/or on the disclosures set out in these consolidated financial statements.

2.3 New and amendments to IFRSs in issued but not yet effective

The Group has not early applied the following new and amendments to IFRSs that have been issued but are not yet effective:

●	IFRS 18 “Presentation and Disclosures in Financial Statements” (effective for annual periods beginning on or after January 1, 2027)
●	IFRS 19 “Subsidiaries without Public Accountability: Disclosures” (effective for fiscal periods beginning on or after January 1, 2027)
●	Amendments to IAS 21 “Lack of Exchangeability” (effective for fiscal periods beginning on or after January 1, 2025)
●	Amendments IFRS 9 and IFRS 7 “Amendments to classification and measurement of financial instruments” (effective for fiscal periods beginning on or after January 1, 2026)
●	Amendments to IFRS Accounting Standards “Annual Improvements to IFRS Accounting Standards — Volume 11” (effective for fiscal periods beginning on or after January 1, 2026)
	Amendments to IFRS 10 and IAS 28 “Sale or Contribution of Assets between an Investor and its Associate or Joint Venture” (effective for fiscal periods beginning on or after a date to be determined)

Management anticipates that the application of all the new and amendments to IFRSs will have no material impact on the Group’s consolidated financial statements in the future.

Cover	12 Months Ended
Cover	Mar. 31, 2025
Entity Addresses [Line Items]
Document Type	F-1/A
Amendment Flag	true
Amendment Description	AMENDMENT NO. 1
Entity Registrant Name	DIGINEX LIMITED
Entity Central Index Key	0002010499
Entity Tax Identification Number	00-0000000
Entity Incorporation, State or Country Code	E9
Entity Address, Address Line One	25 Wilton Road
Entity Address, Address Line Two	Victoria
Entity Address, Address Line Three	London
Entity Address, City or Town	Greater London
Entity Address, Country	GB
Entity Address, Postal Zip Code	SW1V 1LW
City Area Code	+44
Local Phone Number	203 998 0008
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Business Contact [Member]
Entity Addresses [Line Items]
Entity Address, Address Line One	850 Library Avenue
Entity Address, Address Line Two	Suite 204
Entity Address, City or Town	Newark
Entity Address, State or Province	DE
Entity Address, Postal Zip Code	19711
City Area Code	302
Local Phone Number	738-6680
Contact Personnel Name	Puglisi & Associates

GENERAL AND ADMINISTRATIVE EXPENSES

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

GENERAL AND ADMINISTRATIVE EXPENSES

6 GENERAL AND ADMINISTRATIVE EXPENSES

		Year ended		Year ended		Year ended
	Notes	31 March 2025		31 March 2024		31 March 2023
		USD		USD		USD
Employees’ benefits	(a)		4,817,469		5,043,962		5,025,450
Professional fees	(b)		2,093,658		531,245		275,234
IT development and maintenance support	(c)		1,452,730		2,121,539		2,661,511
Audit fee	(d)		390,349		594,224		22,294
Travelling expenses	(e)		377,922		514,106		28,935
Share-based payments expenses on anti-dilution issuance of Preferred Shares	(f)		369,648		-		-
Amortization and depreciation	(g)		125,575		103,276		1,007
Others	(h)		717,163		454,993		886,060
General and administrative expense			10,344,514		9,363,345		8,900,491

The by-nature classification of general and administrative expenses for the year ended 31 March 2023 and 2024 has been represented to conform with the presentation for the year ended 31 March 2025.

(a)

	Year ended		Year ended		Year ended
	31 March 2025		31 March 2024		31 March 2023
	USD		USD		USD
Basic salaries, allowances and all benefits-in-kind		3,865,438		3,581,537		4,261,273
Pension costs - defined contribution plans		92,346		109,590		176,356
Share-based payments		859,685		1,352,835		587,821
Total employees’ benefits		4,817,469		5,043,962		5,025,450

^(a)	The above includes the cost of both employees and contractors. At 31 March 2025, the Company had 26 employees and 9 contractors (2024: 22 employees and 7 contractors; 2023: 26 employees and 10 contractors).

(b)	The increases in professional fees for the years ended 31 March 2024 and 2025 were primarily attributable to legal and professional services relating to the Company’s IPO. Upon the successful closing of the IPO, certain IPO related costs were capitalized against the share premium account with the remaining balance of the IPO related costs recorded as an expense.

(c)	IT development and maintenance support costs relate, primarily, to those associated with a third party that contributes to researching, developing and maintaining the Group commercial products. The costs also include server expenses for hosting the products. Included in IT development and maintenance support, the Group incurred research and development expenses of $831,088 for the year ended 31 March 2025 (2024: $1,334,865; 2023: $2,089,914) and no research and development expenditure is recognized as an internally generated intangible asset for all years.

(d)	For the year ended 31 March 2024 and 2025, significant increase in audit fees was due to the fees associated with the Public Company Accounting Oversight Board (“PCAOB”) audits of the Company’s consolidated financial statements for the year ended 31 March 2025, 2024 and 2023 (the 2023 PCAOB audit was conducted in 2024, hence the associated costs are reflected 2024). For the year ended 31 March 2023, audit fees related to local statutory audits.

(e)	Whilst travelling expenses were lower than the year ended March 2024, the Company continued to travel with a focus on business development, The Company also travelled in relation to the IPO.

(f)	In connection with the issuance 151 Preferred Shares of DSL triggered by the Capital Raise, share-based payments expenses of $369,648 are recognized during the year ended 31 March 2025 (2024 and 2023: $Nil).

(g)	The increase during the year ended 31 March 2024 is primarily due to amortization expense in connection with the new office lease in Monaco entered into by the Group. The 2025 amortization represents a full year of the office lease.

(h)	Other costs include recruitment fees, insurance, bank charges, general office expenses, investor relations consultant fees, marketing and others

DIVIDEND

12 Months Ended

Mar. 31, 2025

Dividend

DIVIDEND

22 DIVIDEND

No dividends were declared or paid during each of the years ended 31 March 2023, 2024 and 2025.

SCHEDULE OF RECONCILIATION OF LEVEL 3 FAIR VALUE MEASUREMENTS (Details) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
At the beginning of the reporting period	$ 13,102,000	$ 16,729,000
Additions	1,369,648	100,000
Fair value adjustments	(3,478,648)	(3,727,000)
Conversion	(10,993,000)
At the end of the reporting period		$ 13,102,000

SCHEDULE OF MATURITIES OF FINANCIAL LIABILITIES ON CONTRACTUAL UNDISCOUNTED CASH FLOWS (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Apr. 01, 2023
IfrsStatementLineItems [Line Items]
Accounts payable	$ 200,660	$ 788,798
Other payables and accruals	706,874	596,870
Deferred revenues	505,424	322,826	$ 335,666
Due to a related company	34,579	34,579
Lease liabilities	237,675	365,356
Loan from immediate holding company		1,930,993
Preferred shares		9,359,000
Contractual liabilities [member]
IfrsStatementLineItems [Line Items]
Accounts payable	200,660	788,798
Other payables and accruals	706,874	596,870
Deferred revenues	505,424	322,826
Due to a related company	34,579	34,579
Lease liabilities	237,675	365,356
Total liabilities	1,685,212	23,984,541
Tax payables		8,917
Due to immediate holding company		5,345,929
Loan from immediate holding company		1,930,993
Loan from a related company		1,140,931
Preferred shares		9,359,000
Convertible loan notes		4,090,342
Contractual liabilities [member] \| Not later than one year [member]
IfrsStatementLineItems [Line Items]
Accounts payable	200,660	788,798
Other payables and accruals	706,874	596,870
Deferred revenues	505,424	322,826
Due to a related company	34,579	34,579
Lease liabilities	126,808	122,076
Total liabilities	1,574,345	14,267,453
Tax payables		8,917
Due to immediate holding company		5,345,929
Loan from immediate holding company		1,930,993
Loan from a related company		1,140,931
Preferred shares
Convertible loan notes		3,975,534
Contractual liabilities [member] \| Later than one year and not later than five years [member]
IfrsStatementLineItems [Line Items]
Accounts payable
Other payables and accruals
Deferred revenues
Due to a related company
Lease liabilities	110,867	243,280
Total liabilities	$ 110,867	9,717,088
Tax payables
Due to immediate holding company
Loan from immediate holding company
Loan from a related company
Preferred shares		9,359,000
Convertible loan notes		$ 114,808

SHARE CAPITAL (Details Narrative) - $ / shares

Mar. 31, 2025

Jan. 27, 2025

Jan. 23, 2025

Jan. 21, 2025

Dec. 20, 2024

Jul. 26, 2024

Jul. 15, 2024

May 27, 2024

Mar. 31, 2024

^[1]

Mar. 31, 2022

2,587,500

2,583,820

$ 0.00005

$ 2.17

731,707

2,347,134

$ 0.00005

6,869,960

410

Number of shares recapitalization

$ 0.00005

4,170,520

Diginex Solutions (HK) Limited [member] | Ordinary shares [member]

Number of shares recapitalization

19,907

^[1]

11,626

314

257,480

[1]	In September 2024, the Company converted all issued Preferred Shares of DSL into ordinary shares of DSL at a ratio of 1 preferred share to 1 ordinary share.

SCHEDULE OF FAIR VALUE OF THE IPO WARRANTS (Details)	12 Months Ended
SCHEDULE OF FAIR VALUE OF THE IPO WARRANTS (Details)	Mar. 31, 2025 $ / shares shares
Tranche One [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 5.13
Expiration Date	Jul. 23, 2025
Warrant Duration	6 months
Tranche Two [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 6.15
Expiration Date	Oct. 23, 2025
Warrant Duration	9 months
Tranche Three [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 7.18
Expiration Date	Jan. 23, 2026
Warrant Duration	12 months
Tranche Four [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 8.20
Expiration Date	Apr. 23, 2026
Warrant Duration	15 months
Tranche Five [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 10.25
Expiration Date	Jul. 23, 2026
Warrant Duration	18 months
Tranche Six [member]
IfrsStatementLineItems [Line Items]
Number of Warrants \| shares	2,250,000
Exercise Price \| $ / shares	$ 12.30
Expiration Date	Jan. 23, 2027
Warrant Duration	24 months

MATERIAL ACCOUNTING POLICY INFORMATION (Policies)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

Basis of consolidation

Basis of consolidation

Control is achieved when the Company:

●	has power over the investee;

●	is exposed, or has rights, to variable returns from its involvement with the investee; and

●	has the ability to use its power to affect its returns.

The Group reassesses whether or not it controls an investee if facts and circumstances indicate that there are changes to one or more of the three elements of control listed above.

When necessary, adjustments are made to the financial statements of subsidiaries to bring their accounting policies in line with the Group’s accounting policies.

All intragroup assets and liabilities, equity, income, expenses and cash flows relating to transactions between members of the Group are eliminated in full on consolidation.

Deemed reverse acquisition

Deemed reverse acquisition

With respect to the Transaction, DSL is the operating company while the Company is considered as shell company.

Identifying the accounting acquirer/accounting acquiree:

Determining the deemed consideration transferred:

Fair value of assets and liabilities acquired in a deemed reverse acquisition:

Calculate the Transaction expense:

Presentation of the consolidated financial statements post deemed reverse acquisition:

Earnings per share

Revenue recognition

Revenue recognition

●	the customer simultaneously receives and consumes the benefits provided by the Group’s performance as the Group performs;
●	the Group’s performance creates or enhances an asset that the customer controls as the Group performs; or
●	the Group’s performance does not create an asset with an alternative use to the Group and the Group has an enforceable right to payment for performance completed to date.

Otherwise, revenue is recognized at a point in time when the customer obtains control of the distinct service.

●	the contract requires, or the customer reasonably expects, that the Group will undertake activities that significantly affect the intellectual property to which the customer has rights;
●	the rights granted by the license directly expose the customer to any positive or negative effects of the Group’s activities; and
●	those activities do not result in the transfer of a good or a service to the customer as those activities occur.

A contract liability represents the Group’s obligation to transfer services to a customer for which the Group has received consideration (or an amount of consideration is due) from the customer.

A contract asset and a contract liability relating to the same contract are accounted for and presented on a net basis.

Over time revenue recognition - Input method

Government grants

Government grants

Government grants are not recognised until there is reasonable assurance that the Group will comply with the conditions attaching to them and that the grants will be received.

Research and development expenditure

Research and development expenditure

Expenditure on research activities is recognized as an expense in the period in which it is incurred.

●	the technical feasibility of completing the intangible asset so that it will be available for use or sale;
●	the intention to complete the intangible asset and use or sell it;
●	the ability to use or sell the intangible asset;
●	how the intangible asset will generate probable future economic benefits;
●	the availability of adequate technical, financial and other resources to complete the development and to use or sell the intangible asset; and
●	the ability to measure reliably the expenditure attributable to the intangible asset during its development.

During each of the years ended 31 March 2023, 2024 and 2025, no research and development expenditure is recognized as an internally generated intangible asset.

Foreign currencies

Foreign currencies

Exchange differences arising on the settlement of monetary items, and on the retranslation of monetary items, are recognized in profit or loss in the period in which they arise.

Borrowing costs

Borrowing costs

Borrowing costs are recognized in the statement of profit or loss in the period in which they are incurred.

Employee benefits

Employee benefits

Retirement benefit costs

Payments made by the Group to defined contribution retirement benefit plans are recognized as an expense when employees have rendered service entitling them to the contributions.

Short-term employee benefits

A liability is recognized for benefits accruing to employees (such as salaries and annual leave) after deducting any amount already paid.

Share-based payments

Share-based payments

Equity-settled share-based payments to employees and others providing similar services are measured at the fair value of the equity instruments at the grant date.

Taxation

Taxation

Income tax expense (benefit) represents the sum of the current tax and deferred tax.

Current and deferred tax are recognized in profit or loss.

Lease

Lease

The Group as lessee

Right-of use assets

The right-of-use asset is initially recognized at cost comprising of:

	●	amount of the initial measurement of the lease liability;
	●	any lease payments made at or before the commencement date, less any lease incentives received;
	●	any initial direct costs incurred by the Group; and
	●	an estimate of costs to be incurred by the Group in dismantling and removing the underlying asset, restoring the site on which it is located or restoring the underlying asset to the condition required by the terms and conditions of the lease.

Right-of-use assets are measured at cost, less any accumulated depreciation and impairment losses, and adjusted for any remeasurement of lease liabilities.

The Group presents right-of-use assets as a separate line item on the consolidated statement of financial position.

Lease liabilities

The lease payments include:

	●	fixed payments (including in-substance fixed payments) less any lease incentives receivable;
	●	variable lease payments that depend on an index or a rate, initially measured using the index or rate as at the commencement date;
	●	amounts expected to be payable by the Group under residual value guarantees;
	●	the exercise price of a purchase option if the Group is reasonably certain to exercise the option; and
	●	payments of penalties for terminating a lease, if the lease term reflects the Group exercising an option to terminate the lease.

	●	the lease term has changed or there is a change in the assessment of exercise of a purchase option, in which case the related lease liability is remeasured by discounting the revised lease payments using a revised discount rate at the date of reassessment.
	●	the lease payments change due to changes in market rental rates following a market rent review, in which cases the related lease liability is remeasured by discounting the revised lease payments using the initial discount rate.

The Group presents lease liabilities as a separate line item on the consolidated statement of financial position.

Impairment of non-financial assets

Impairment of non-financial assets

Cash and cash equivalents

Cash and cash equivalents

Financial instruments

Financial instruments

Financial assets

Classification and subsequent measurement of financial assets

Financial assets that meet the following conditions are subsequently measured at amortized cost:

	●	the financial asset is held within a business model whose objective is to collect contractual cash flows; and
	●	the contractual terms give rise on specified dates to cash flows that are solely payments of principal and interest on the principal amount outstanding.

All other financial assets are subsequently measured at FVTPL.

Amortized cost and interest income

Financial assets at FVTPL

Financial assets that do not meet the criteria for being measured at amortized cost or Fair Value Through Other Comprehensive Income (“FVTOCI”) or designated as FVTOCI are measured at FVTPL.

Impairment of financial assets subject to impairment assessment under IFRS 9

The Group always recognizes lifetime ECL for trade receivables.

Derecognition of financial assets

Financial liabilities and equity

Classification as debt or equity

Equity instruments

Financial liabilities at FVTPL

A financial liability is held for trading if:

●	it has been acquired principally for the purpose of repurchasing it in the near term; or
●	on initial recognition it is part of a portfolio of identified financial instruments that the Group manages together and has a recent actual pattern of short-term profit-taking; or
●	it is a derivative, except for a derivative that is a financial guarantee contract or a designated and effective hedging instrument.

A financial liability other than a financial liability held for trading or contingent consideration of an acquirer in a business combination may be designated as at FVTPL upon initial recognition if:

●	such designation eliminates or significantly reduces a measurement or recognition inconsistency that would otherwise arise; or
●	the financial liability forms part of a group of financial assets or financial liabilities or both, which is managed, and its performance is evaluated on a fair value basis, in accordance with the Group’s documented risk management or investment strategy, and information about the grouping is provided internally on that basis; or
●	it forms part of a contract containing one or more embedded derivatives, and IFRS 9 permits the entire combined contract to be designated as at FVTPL.

Financial liabilities at amortized cost

Financial liabilities including other payables and amounts due to an associate/related parties/directors are subsequently measured at amortized cost, using the effective interest method.

Redeemable Preferred shares/ convertible loan notes

Transaction costs relating to the issue of all these instruments are charged to profit or loss immediately.

Derecognition of financial liabilities

Related parties

Related parties

A related party is a person or entity that is related to the Group.

(a)

A person or a close member of that person’s family is related to the Group if that person:

	i.	has control or joint control over the Group;
	ii.	has significant influence over the Group; or
	iii.	is a member of key management personnel of the Group or the Group’s parent.

(b)

An entity is related to the Group if any of the following conditions apply:

	i.	The entity and the Group are members of the same group (which means that each parent, subsidiary and fellow subsidiary is related to the others).
	ii.	One entity is an associate or joint venture of the other entity (or an associate or joint venture of a member of a group of which the other entity is a member).
	iii.	Both entities are joint ventures of the same third party.
	iv.	One entity is a joint venture of a third entity and the other entity is an associate of the third entity.
	v.	The entity is a post-employment benefit plan for the benefit of the employees of the Group or an entity related to the Group.
	vi.	The entity is controlled or jointly controlled by a person identified in (a).
	vii.	A person identified in (a)(i) has significant influence over the entity or is a member of key management personnel of the entity (or of a parent of the entity).
	viii.	The entity, or any member of a group of which it is a part, provides key management personnel services to the Group or to the parent of the Group.

Current versus non-current classification

Current versus non-current classification

The Group presents assets and liabilities in the consolidated statement of financial position based on current/non-current classification. An asset is current when:

	●	It is expected to be realized or intended to be sold or consumed in normal operating cycle;
	●	It is held primarily for the purpose of trading;
	●	It is expected to be realized within twelve months after the reporting period; or
	●	It is cash or cash equivalent unless restricted from being exchanged or used to settle a liability for at least twelve months after the reporting period.

All other assets are classified as non-current.

A liability is current when:

	●	It is expected to be settled in normal operating cycle;
	●	It is held primarily for the purpose of trading;
	●	It is due to be settled within twelve months after the reporting period; or
	●	There is no unconditional right to defer the settlement of the liability for at least twelve months after the reporting period.

All other liabilities are classified as non-current.

DIVIDEND (Details Narrative) - USD ($)	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
Dividend
Dividend payables	$ 0	$ 0	$ 0

LOSS PER SHARE (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF LOSS PER SHARE

	Year ended			Year ended			Year ended
	31 March 2025			31 March 2024			31 March 2023
	USD			USD			USD
Loss for the year
Loss for the year for the purpose of basic loss per share		(5,212,879	)		(4,871,387	)		(9,257,598	)
Effect of dilutive potential ordinary shares:
Fair value change of Preferred Shares		(4,117,648	)		(4,101,000	)		N/A
Loss for the year for the purpose of diluted loss per share		(9,330,527	)		(8,972,387	)		(9,257,598	)
Number of shares
Weighted average number of ordinary shares for the purpose of basic loss per share – post-recapitalization		15,664,305			9,514,886			9,497,240
Effect of dilutive potential ordinary shares:
Preferred Shares – post-recapitalization		1,861,766			2,460,000			N/A
Weighted average number of ordinary shares for the purpose of diluted loss per share – post-recapitalization		17,526,071			11,974,886			9,497,240

LEASE LIABILITIES (Details Narrative)	1 Months Ended				12 Months Ended
LEASE LIABILITIES (Details Narrative)	Feb. 28, 2025 USD ($)	Feb. 28, 2025 EUR (€)	Feb. 29, 2024 USD ($)	Feb. 29, 2024 EUR (€)	Mar. 31, 2024 USD ($)	Mar. 31, 2024 EUR (€)	Mar. 31, 2025
Notes and other explanatory information [abstract]
Quarterly rent					$ 34,580	€ 31,316
Increase (decrease) in quarterly rent	$ 33,917	€ 32,328	$ 34,905	€ 32,091
Cost of capital rate					5.88%	5.88%	5.25%

RELATED PARTY TRANSACTIONS (Details Narrative)				1 Months Ended	12 Months Ended
RELATED PARTY TRANSACTIONS (Details Narrative)	Mar. 17, 2025 USD ($)	May 27, 2024 USD ($) shares	May 27, 2024 USD ($) shares	May 31, 2024 USD ($) $ / shares shares	Mar. 31, 2025 USD ($)	Mar. 31, 2024 USD ($)	Mar. 31, 2023 USD ($)	Jul. 15, 2025 USD ($)	Jan. 27, 2025 USD ($) shares	Jan. 23, 2025 $ / shares shares	Jan. 21, 2025 USD ($) $ / shares shares	Dec. 20, 2024 USD ($) $ / shares shares	Sep. 30, 2024 USD ($)	Aug. 03, 2024 USD ($)	Jul. 31, 2024 USD ($)
IfrsStatementLineItems [Line Items]
Deposit					$ 34,579	$ 34,579
Proceeds from capital raised	$ 250,000,000
Interest rate						8.00%
Accrued interest						$ 347,342					$ 3,530,019	$ 751,781
Loans from immediate holding company						1,930,993
Capitalized loan											3,000,000		$ 3,500,000
Convertible loan notes					0			$ 4,350,000			$ 3,000,000	$ 5,101,781
Number of shares issued \| shares											731,707	2,347,134
Issue price per share \| $ / shares											$ 4.10
Cash											$ 530,019
Expense reimbursement					68,724	23,919	$ 12,135
Capital raise					1,150	477			$ 130
Number of shares outstanding \| shares									2,587,500			2,583,820
Convertible loan					$ 4,350,000	3,350,000	$ 3,250,000
Convertible loan percentage					8.00%
Notional amount					$ 4,117,648							$ 4,350,000		$ 1,000,000
Par value per share \| $ / shares										$ 0.00005		$ 2.17
Warrants [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares				4,170,520						2,250,000
Capital raise				$ 8,000,000.0
Number of shares outstanding \| shares				4,170,520
Number of shares exercisable period				3 years
Number of shares exercisable per shares \| $ / shares				6.13
Number of shares exercisable per shares				51.00%
Warrants [member] \| Tranche One [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 5.13
Warrants [member] \| Tranche Two [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 6.15
Warrants [member] \| Tranche Three [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 7.18
Warrants [member] \| Tranche Four [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 8.20
Warrants [member] \| Tranche Five [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 10.25
Warrants [member] \| Tranche Six [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares										2,250,000
Exercise price \| $ / shares										$ 12.30
Rhino Ventures [member]
IfrsStatementLineItems [Line Items]
Due to immediate holding company		$ 1,940,858	$ 1,940,858			5,345,929
Advance deposits						$ 8,000,000
Proceeds from capital raised			$ 6,059,142
Interest rate					8.00%	8.00%
Borrowings						$ 1,664,483
Accrued interest						266,510
Loans from immediate holding company						1,930,993
Maturity term					The maturity
Convertible debts															$ 517,535
Diginex Holdings Limited [member]
IfrsStatementLineItems [Line Items]
Interest rate					8.00%
Borrowings					$ 1,000,000
Accrued interest						140,931
Long term borrowings						1,000,000
Loan from related company						$ 1,140,931
Convertible debts															1,000,000
Working Capital Innovation Fund II L.P. [member]
IfrsStatementLineItems [Line Items]
Borrowings					482,465										482,465
Convertible debts															482,465
Rhino Ventures Limited [member]
IfrsStatementLineItems [Line Items]
Proceeds from capital raised		$ 8,000,000
Borrowings					517,535										$ 517,535
Rhino Ventures Limited [member] \| Warrants [member]
IfrsStatementLineItems [Line Items]
Number of shares issued \| shares		10,172	10,172	10,172
HBM IV Inc [Member]
IfrsStatementLineItems [Line Items]
Borrowings					2,000,000
Nalimz Holdings Limited [Member]
IfrsStatementLineItems [Line Items]
Borrowings					1,000,000
Working Capital Innovation Fund II [Member]
IfrsStatementLineItems [Line Items]
Borrowings					582,465
Hafnia Pte Ltd [Member]
IfrsStatementLineItems [Line Items]
Borrowings					$ 250,000

SCHEDULE OF MATURITY OF LEASE LIABILITIES (Details) - USD ($)	Mar. 31, 2025	Mar. 31, 2024
IfrsStatementLineItems [Line Items]
Maturity of lease liabilities	$ 248,728	$ 395,588
Finance costs	(11,053)	(30,232)
Lease liabilities	237,675	365,356
Not later than one year [member]
IfrsStatementLineItems [Line Items]
Maturity of lease liabilities	135,670	139,619
Later than one year and not later than five years [member]
IfrsStatementLineItems [Line Items]
Maturity of lease liabilities	$ 113,058	$ 255,969

SCHEDULE OF SUBSIDIARIES (Details) (Parenthetical)	Mar. 31, 2025 £ / shares	Jan. 23, 2025 $ / shares	Dec. 20, 2024 $ / shares	Sep. 30, 2024 $ / shares	Jul. 26, 2024 $ / shares	Mar. 31, 2024 £ / shares
IfrsStatementLineItems [Line Items]
Par value per share		$ 0.00005	$ 2.17
Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Par value per share					$ 0.00005
Preference shares [member]
IfrsStatementLineItems [Line Items]
Par value per share					$ 0.00005
Diginex Services Limited [member]
IfrsStatementLineItems [Line Items]
Par value per share \| £ / shares	£ 0.01					£ 0.01
Diginex Services Limited [member] \| Ordinary shares [member]
IfrsStatementLineItems [Line Items]
Par value per share				$ 0.01
Diginex Services Limited [member] \| Preference shares [member]
IfrsStatementLineItems [Line Items]
Par value per share				$ 0.01

Trade payables, OTHER PAYABLES AND ACCRUALS

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

Trade payables, OTHER PAYABLES AND ACCRUALS

14 Trade payables, OTHER PAYABLES AND ACCRUALS

		At		At
	Note	31 March 2025		31 March 2024
		USD		USD
Trade payables			200,660		788,798
Other payables			11,852		11,057
Accruals	(a)		695,022		585,813
Total			907,534		1,385,668

(a)	Accruals include audit fees, professional fees, holiday pay accruals for employees, and others associated with the on-going running of the Group. Increase from 31 March 2024 is mainly due to additional accrued audit fees.

SCHEDULE OF PREPAYMENT, DEPOSITS AND OTHER RECEIVABLES (Details) (Parenthetical) - USD ($)

12 Months Ended

Jan. 27, 2025

Jan. 23, 2025

Mar. 31, 2024

Mar. 31, 2025

Deferred transaction costs

Non-current deposit

^[1]

$ 35,431

$ 45,463

Deposit

34,579

142,633

Payment of outstanding balance amount

41,385

Deferred expenses

$ 1,383,750

$ 9,225,000

1,432,343

^[2]

184,018

$ 650,486

Nomas MOU [member]

400,000

A1 Noor MOU [member]

Notes and other explanatory information [abstract]

$ 250,000

[1]

Current deposits represent amounts paid to an employment agency in Germany and deposit for investor relation services.

[2]

SCHEDULE OF ESTIMATED USEFUL LIVES OF PLANT AND EQUIPMENT (Details)	12 Months Ended
	Mar. 31, 2025
Notes and other explanatory information [abstract]
Estimated useful lives	5 years

SCHEDULE OF UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS AS CASH FLOWS FROM FINANCING ACTIVITIES (Details) - USD ($)	12 Months Ended
	Mar. 31, 2025	Mar. 31, 2024	Mar. 31, 2023
IfrsStatementLineItems [Line Items]
Beginning balance	$ 21,901,774	$ 20,199,966	$ 11,619,506
Additions	4,493,828	6,009,906	7,100,000
Repayments	(530,019)	(1,150,000)	(600,000)
Non-cash transaction	(22,744,781)	34,579
Interest expenses	392,931	534,323	220,460
Fair value/other adjustments	(3,479,154)	(3,727,000)	1,860,000
Ending balance	34,579	21,901,774	20,199,966
Convertible loan notes [member]
IfrsStatementLineItems [Line Items]
Beginning balance	4,090,342	3,349,822
Additions		100,000	3,250,000
Repayments
Non-cash transaction	(4,968,302)
Interest expenses	238,960	266,520	80,822
Fair value/other adjustments	639,000	374,000	19,000
Ending balance		4,090,342	3,349,822
Amount due from immediate holding company [member]
IfrsStatementLineItems [Line Items]
Beginning balance	5,345,929	506	506
Additions	713,719	5,345,423	600,000
Repayments			(600,000)
Non-cash transaction	(6,059,142)
Interest expenses
Fair value/other adjustments	(506)
Ending balance		5,345,929	506
Amount due to a related company [member]
IfrsStatementLineItems [Line Items]
Beginning balance	34,579
Additions
Repayments
Non-cash transaction		34,579
Interest expenses
Fair value/other adjustments
Ending balance	34,579	34,579
Loan from immediate holding company [member]
IfrsStatementLineItems [Line Items]
Beginning balance	1,930,993	2,328,926
Additions	3,410,461	564,483	2,250,000
Repayments	(530,019)	(1,150,000)
Non-cash transaction	(4,940,858)
Interest expenses	129,423	187,584	78,926
Fair value/other adjustments
Ending balance		1,930,993	2,328,926
Loan from a related company [member]
IfrsStatementLineItems [Line Items]
Beginning balance	1,140,931	1,060,712
Additions			1,000,000
Repayments
Non-cash transaction	(1,165,479)
Interest expenses	24,548	80,219	60,712
Fair value/other adjustments
Ending balance		1,140,931	1,060,712
Preference shares [member]
IfrsStatementLineItems [Line Items]
Beginning balance	9,359,000	13,460,000	11,619,000
Additions
Repayments
Non-cash transaction	(5,611,000)
Interest expenses
Fair value/other adjustments	(3,748,000)	(4,101,000)	1,841,000
Ending balance		$ 9,359,000	$ 13,460,000

PLANT AND EQUIPMENT (Tables)

12 Months Ended

Mar. 31, 2025

SCHEDULE OF PLANT AND EQUIPMENT

	Computer equipment
	USD
Cost:
At 1 April 2023, 31 March 2024 and 31 March 2025		5,038
Accumulated depreciation:
At 1 April 2023		(1,342	)
Charge during 2024		(3,696	)
At 31 March 2024 and 31 March 2025		(5,038	)
Net carrying amount:
At 31 March 2024 and 31 March 2025		-

SCHEDULE OF ESTIMATED USEFUL LIVES OF PLANT AND EQUIPMENT

Office equipment

5 years

LEASE LIABILITIES (Tables)

12 Months Ended

Mar. 31, 2025

Notes and other explanatory information [abstract]

SCHEDULE OF CHANGES IN LEASE LIABILITY

Changes in lease liability is as follows:

SCHEDULE OF CHANGES IN LEASE LIABILITY

	At 31 March			At 31 March
	2025			2024
	USD			USD
At 1 April		365,356			-
Increase in lease liability		-			482,619
Interest expense (note 8)		17,236			18,328
Lease modification adjustment		(5,955	)		(25,837	)
Reduction in lease liability		(138,962	)		(109,754	)
At the end of the period/year		237,675			365,356

SCHEDULE OF LEASE LIABILITIES

Classified in the consolidated statements of financial position as follows:

SCHEDULE OF LEASE LIABILITIES

	At 31 March		At 31 March
	2025		2024
		USD		USD
Current		126,808		122,076
Non-current		110,867		243,280
Lease liabilities		237,675		365,356

SCHEDULE OF MATURITY OF LEASE LIABILITIES

Maturity of lease liabilities is as follows:

	At 31 March			At 31 March
	2025			2024
	USD			USD
Not later than one year		135,670			139,619
Later than one year and not later than five years		113,058			255,969
Maturity of lease liabilities		248,728			395,588
Finance costs		(11,053	)		(30,232	)
Present value of minimum lease payments		237,675			365,356

RIGHT-OF-USE ASSETS

12 Months Ended

Mar. 31, 2025

RIGHT-OF-USE ASSETS

11 RIGHT-OF-USE ASSETS

Right-of-use assets relate to office space leased by the Group. The amount in respect of lease are as follows:

SCHEDULE OF RIGHT-OF-USE ASSETS, NET

	Properties
	USD
At 1 April 2023		-
Additions (a)		482,619
Amortisation		(99,580	)
Modification adjustment (b)		(25,837	)
At 31 March 2024		357,202
Amortisation		(125,575	)
Modification adjustment (b)		(5,955	)
At 31 March 2025		225,672

(a)	In June 2023, the Group entered into a lease agreement in Monaco which expires in January 2027. The lease has an annual break clause.
(b)	There were rent reviews in February 2024 and 2025 and modification adjustments were made to account for the change in monthly rent.

SHARE CAPITAL

12 Months Ended

Mar. 31, 2025

SHARE CAPITAL

20 SHARE CAPITAL

Under a deemed reverse acquisition (as discussed in note 3), the historical shareholders’ equity of DSL, being the accounting acquirer (legal acquiree) prior to the Transaction is retrospectively adjusted to reflect the legal capital structure of the accounting acquiree (legal acquirer) and the Share Subdivision. This is calculated by using the exchange ratio as determined on the completion of the Transaction being 410 shares in the Company for each DSL share and multiplying by 2 for the impact of Share subdivision. The difference in value of the share capital arising from this conversion versus the share capital amount in DSL is recorded in equity under the capital reserve.

The Shares of the Company have a par value of $0.00005 after the Share Subdivision.

SCHEDULE OF SHARE CAPITAL

													Share capital
													net of capital
		Share capital					Share		Capital		Warrant		reserve and warrant
	Notes	Shares		Amount			premium		reserve		reserve		reserve
				USD			USD		USD				USD
Balance at 1 April 2022 and 31 March 2023 – pre-recapitalization			11,582		3,725,301			-		-		-		3,725,301
Recapitalization of DSL (1:410 exchange ratio)	(b)		4,737,038		(3,724,826	)		-		3,724,826		-		-
Sub-total			4,748,620		475			-		3,724,826		-		3,725,301
Share Subdivision	(c)		4,748,620		-			-		-		-		-
Balance at 31 March 2023 – recapitalized			9,497,240		475			-		3,724,826		-		3,725,301

Balance at 1 April 2023 – pre-recapitalization			11,582		3,725,301			-		-		-		3,725,301
Exercise of share option awards	(a)		44		27,368			-		-		-		27,368
Balance at 31 March 2024 – pre-recapitalization			11,626		3,752,669			-		-		-		3,752,669
Recapitalization of DSL (1:410 exchange ratio)	(b)		4,755,034		(3,752,192	)		-		3,752,192		-		-
Sub-total			4,766,660		477			-		3,752,192		-		3,752,669
Founding share of the Company			1		-			-		-		-		-
Sub-total			4,766,661		477			-		3,752,192		-		3,752,669
Share Subdivision	(c)		4,766,661		-			-		-		-		-
Balance at 31 March 2024 – recapitalized			9,533,322		477			-		3,752,192		-		3,752,669

Balance at 1 April 2024 – pre-recapitalization			11,626		3,752,669			-		-		-		3,752,669
Pre-capitalized balance			11,626		3,752,669			-		-		-		3,752,669
Exercise of share option awards (pre-recapitalization)	(d)		44		27,368			-		-		-		27,368
Capital Raise	(e)		5,086		1,346,800			-		-		6,653,200		8,000,000
Pre-recapitalized balance			16,756		5,126,837			-		-		6,653,200		11,780,037
Recapitalization of DSL (1:410 exchange ratio)	(b)		6,853,204		(5,126,150	)		-		5,126,150				-
Sub-total			6,869,960		687			-		5,126,150		6,653,200		11,780,037
Pre capitalized sub-total			6,869,960		687			-		5,126,150		6,653,200		11,780,037
Founding share of the Company			1		-			-		-				-
Sub-total			6,869,961		687			-		5,126,150		6,653,200		11,780,037
Post capitalized sub-total			6,869,961		687			-		5,126,150		6,653,200		11,780,037
Share Subdivision	(c)		6,869,961		-			-		-				-
Recapitalized balance			13,739,922		687			-		5,126,150		6,653,200		11,780,037
Exercise of share option awards (post-recapitalization)	(f)		1,003,680		50			1,768,661		-		-		1,768,711
Conversion of Preferred Shares	(g)		2,583,820		129			5,610,871		-		-		5,611,000
Conversion of convertible loan notes	(g)		2,347,134		117			6,133,664		-		-		6,133,781
Capitalization of loan from immediate holding company	(h)		731,707		37			2,999,963		-		-		3,000,000
IPO and Exercise of overallotment option	(i)		2,587,500		130			9,176,277		-		-		9,176,407
Issuance of IPO Warrants	(j)		-		-			-		-		72,610,000		72,610,000
Balance at 31 March 2025			22,993,763		1,150			25,689,436		5,126,150		79,263,200		110,079,936
Recapitalized balance			22,993,763		1,150			25,689,436		5,126,150		79,263,200		110,079,936

(a)	In October 2023, DSL issued 44 ordinary shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.

(b)

(c)

(d)	In April 2024, DSL issued 44 shares to an employee via the exercising of vested employee share options. These shares rank pari passu with the existing ordinary shares of DSL in all respects. These shares equate to 36,080 shares post the Recapitalization.

(e)

(f)	In August 2024, the Company issued 1,003,680 shares to certain employees via the exercising of vested employee share options. These shares rank pari passu with the Ordinary Shares in all respects.

(g)

(h)	Pursuant to a triparty loan agreement dated September 30, 2024, $3.0 million loan from Rhino Ventures was capitalized through the issuance of 731,707 Ordinary Shares.

(i)

(j)

314 ordinary shares issued by DSL in March 2022, with recapitalized amount of 257,480 Ordinary Shares, were issued with conditions. The conditions were based on the use of funds and the provision of information by DSL to the shareholder. Should any conditions not be met then there was a 30-day remediation period to resolve the issue. If such issues could not be resolved the shareholder can demand DSL to buy back the investment at the higher of the fair value of the investment or the initial investment value. Such conditions lapsed on the IPO of the Company. Following the successful closing of the IPO on January 23, 2025, the option lapsed accordingly.

CONVERTIBLE LOAN notes (the “notes”) (Tables)

12 Months Ended

Mar. 31, 2025

Convertible Loan Notes

SCHEDULE OF CONVERTIBLE LOAN NOTES

	At 31 March 2025		At 31 March 2024
	USD		USD
Fair value of the Notes		-		3,743,000
Accrued interest		-		347,342
Convertible loan notes		-		4,090,342
Classified as:
Current liabilities		-		3,975,534
Non-current liabilities		-		114,808
Convertible loan notes		-		4,090,342

PREFERRED SHARES

12 Months Ended

Mar. 31, 2025

Preferred Shares

PREFERRED SHARES

17 PREFERRED SHARES

In July 2021, DSL allotted 3,000 Series A Preferred Shares to a new shareholder for a consideration of $6,000,000.

Each Preferred Share carried a number of votes equal to that of the ordinary shares then issuable upon its conversion into ordinary shares at the record date for determination of the shareholders entitled to vote on such matters. The holders of Preferred Shares and ordinary shares shall vote together as a single class unless it is required by applicable law or the Company’s Article of Association that Preferred Shares to vote separately as a class.

Conversion right

Each Preferred Share would automatically be converted into ordinary shares, at the conversion price (i) immediately upon the closing of a qualified initial public offering or (ii) upon the prior written approval of the holders of majority of Preferred Shares (voting together as a single class).

Unless converted earlier pursuant to above, each holder of Preferred Shares would have the right, at such holder’s sole discretion, to convert all or any portion of the Preferred Shares into ordinary shares at any time.

In respective of the conversion price, the conversion rate for Preferred Shares would be determined by dividing the issue price (US$2,000) per share at the time of its issuance (the “Issue Price”) by the conversion price then in effect at the date of the conversion. The initial conversion price will be the Issue Price on first Preferred Share was issued (i.e., a 1-to-1 initial conversion ratio), and such initial conversion price would be subject to adjustments to reflect stock dividends, stock splits and future capital raises at a price per share lower than the conversion price in effect on the date of and immediately prior to such issuance (the “Applicable Conversion Price”). Upon future capital raises at a price per share lower than the Applicable Conversion Price, anti-dilution adjustment would be applied to reduce the Applicable Conversion Price concurrently.

Dividend right and protection provision

Each holder of Preferred Shares were entitled to receive dividends, prior and in preference to any declaration or payment of any dividend on the ordinary shares or any other class or series of shares issued by the Company, at the rate of four percent per annum of the applicable issue price of the Preferred Shares, on a non-cumulative basis, for each Preferred Share held by such holder. As part of the protective provision, certain reserved matters of the Company and its subsidiaries shall require the prior written approval of the holders of a majority of Preferred Shares as provided in the Articles of Association of the Company (the “Articles”).

Redemption right

The Preferred Shares are redeemable at the request of the holders at earlier of (i) a qualified initial public offering has not been consummated on or before the fifth anniversary of the date on which the first Preferred Share was issued; or (ii) a redemption right has been triggered by a materially breach of certain transaction documents by the Company; or (iii) the Company materially fails to comply with applicable laws and regulations. The redemption price (the “Redemption Price”) for each Preferred Share shall be equal to the higher of (i) 100% of the applicable Issue Price for such Preferred Shares and plus all declared but unpaid dividend, or (ii) the then fair market value of such Preferred Share.

Liquidation preference

The Preferred Shares also provided with liquidation preference to its holders in the event of any liquidation, dissolution or winding up of the Company, either voluntary or involuntary or the consummation of a liquidation event as provided in the Articles to recover one hundred percent (100%) of the corresponding Issue Price per Share (such price may be adjusted as necessary) plus all accrued or declared but unpaid dividends.

As at 31 March 2024, DSL had 3,000 Preferred Shares issued and outstanding, with recapitalized amount of 2,460,000 Preferred Shares and the carrying amount was $9,359,000 with fair value gain of $4,101,000 recognized during the year ended 31 March 2024.

In May 2024, DSL had issued a further 151 Series A Preferred Shares, with recapitalized amount of 123,820 Preferred Shares, and fair value of $369,648 was charged to profit or loss. The issuance of the 151 Series A Preferred Shares was the result of an anti-dilution clause, which was triggered upon the completion of the Capital Raise from Rhino Ventures in May 2024. In July 2024, in the Exchange as mentioned in Note 1.1, Series A Preferred Shares of DSL were exchanged for Preferred Shares, where Preferred Shares contained the same terms and conditions as the Series A Preferred Shares.

On December 20, 2024, following the Company’s registration statement Form F-1 being declared effective by the SEC, the outstanding 2,583,820 Preferred Shares were converted into Ordinary Shares on a 1:1 basis with 2,583,820 Ordinary Shares being issued. During the year ended March 31, 2025, a fair value gain of $4,117,648 was recognized and there were no Preferred Shares outstanding as of March 31, 2025.

The fair value of Preferred Shares as of the date of conversion amounted to $5,611,000. The Discounted Cash Flow (“DCF”) method was used to determine the total equity value of the Group by capturing the present value of the expected cash flows. The equity allocation model was then used to allocate the total equity value of the Group to derive the fair value of the Preferred Shares.

For details of fair value measurement as of 31 March 2024, please refer to note 26.5 to the consolidated financial statements.

SUBSEQUENT EVENTS (Details Narrative)

1 Months Ended

Dec. 31, 2025

USD ($)

Jun. 05, 2025

USD ($)

$ / shares

May 23, 2025

May 06, 2025

USD ($)

Jun. 30, 2025

USD ($)

Jun. 30, 2025

HKD ($)

Apr. 30, 2025

USD ($)

Apr. 30, 2025

GBP (£)

Aug. 22, 2025

Aug. 12, 2025

Jul. 04, 2025

USD ($)

Jul. 01, 2025

USD ($)

$ / shares

Jun. 24, 2025

USD ($)

Jun. 23, 2025

USD ($)

Mar. 31, 2025

USD ($)

Jan. 27, 2025

USD ($)

Jan. 23, 2025

$ / shares

Jan. 21, 2025

Dec. 20, 2024

$ / shares

Jul. 26, 2024

USD ($)

$ / shares

Jul. 15, 2024

Mar. 31, 2024

USD ($)

Jul. 31, 2021

$ 9,176,277

$ 0.00005

$ 2.17

^[1]

$ 650,486

$ 184,018

$ 1,150

$ 130

$ 477

731,707

2,347,134

$ 0.00005

$ 50,000

6,869,960

$ 0.00005

1,291,910

3,000

Top of range [member]

Non Adjusting Events After Reporting Period [member]

$ 50,000

Description of values of the equity

Rent expenses

$ 6,625

$ 52,000

$ 5,105

£ 3,782

The Matter MOU values the equity of Matter at $13 million which will be paid through the issuance of the Company’s ordinary shares valued at the 60-trading day trailing VWAP (volume weighted average price) as of May 23, 2025, and such shares issued to Matter will subject to an 18-month lock-up period. Target executives and key employees will also receive $2.5 million of Diginex shares with 50% released after 18 months following 12 months of good service and 50% after 30 months following 24 months of good service.

Percentage accrue interest

100.00%

Non Adjusting Events After Reporting Period [member] | Ordinary shares [member]

$ 50,000

$ 0.00000625

Non Adjusting Events After Reporting Period [member] | Preference shares [member]

7,680,000,000

$ 0.00000625

Non Adjusting Events After Reporting Period [member] | Resulticks Global Companies Pte Limited [member]

320,000,000

Payment for acquisition amount

$ 2,000,000,000

$ 1,400,000,000

Non Adjusting Events After Reporting Period [member] | Resulticks Global Companies Pte Limited [member] | Top of range [member]

$ 72,000,000

Cash payable

$ 100,000,000

Non Adjusting Events After Reporting Period [member] | Matter Loan Agreement [member]

Earnout amount payable

$ 500,000,000

Description of loan agreement

the Company entered into a loan agreement with Matter (the “Matter Loan Agreement”), pursuant to which the Company agreed to loan Matter EUR 250,000, as follows: (1) EUR 150,000 (approximately: $175,500) within 3 business days of the signing of the Matter MOU, (2) EUR 50,000 (approximately: $58,500) within 30 days following the signing of the Matter MOU, and (3) EUR 50,000 (approximately: $58,500) within 60 days following the signing of the Matter MOU. The loan principal shall accrue interest at a rate of 5% per annum. Matter shall repay all amounts outstanding under the Matter Loan Agreement together with all accrued interest only if the Company fails to acquire 100% of the share capital of Matter under permitted reasons set forth in the Matter MOU. Repayment will be due 60 days after notification from the Company that they will not proceed with the acquisition of Matter.

Non Adjusting Events After Reporting Period [member] | Funding Agreement [member]

Percentage accrue interest

Fund amount

$ 11,000,000

Post-acquisition funding

$ 200,000,000

10.00%

Rhino Ventures Limited [member] | Non Adjusting Events After Reporting Period [member]

$ 8,000,000