Quarterly report pursuant to Section 13 or 15(d)

NON-CONTROLLING INTEREST IN SUBSIDIARY

v3.24.0.1
NON-CONTROLLING INTEREST IN SUBSIDIARY
6 Months Ended
Dec. 31, 2023
Noncontrolling Interest [Abstract]  
NON-CONTROLLING INTEREST IN SUBSIDIARY

NOTE 16 – NON-CONTROLLING INTEREST IN SUBSIDIARY

 

The Company had non-controlling interests in several of its subsidiaries. The balance of non-controlling interest was as follows:

 

SUBSIDIARY   Non-Controlling
Interest %
    Non-Controlling
Interest at
December 31, 2023
 
             
NetSol PK     32.38 %   $ 4,512,908  
NetSol-Innovation     32.38 %     (335,457 )
NAMECET     32.38 %     (12,125 )
NetSol Thai     0.006 %     (155 )
OTOZ Thai     5.60 %     (25,787 )
OTOZ     5.59 %     (64,390 )
Total           $ 4,074,994  

 

SUBSIDIARY   Non-Controlling
Interest %
    Non-Controlling
Interest at
June 30, 2023
 
             
NetSol PK     32.38 %   $ 3,314,659  
NetSol-Innovation     32.38 %     (223,504 )
NAMECET     32.38 %     (5,384 )
NetSol Thai     0.006 %     (194 )
OTOZ Thai     5.60 %     (23,572 )
OTOZ     5.59 %     (86,952 )
Total           $ 2,975,053