Quarterly report [Sections 13 or 15(d)]

NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)

v3.26.1
NON-CONTROLLING INTEREST IN SUBSIDIARY (Tables)
9 Months Ended
Mar. 31, 2026
Noncontrolling Interest [Abstract]  
SCHEDULE OF BALANCE OF NON-CONTROLLING INTEREST

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 March 31, 2026  
             
NetSol PK     31.41 %   $ 6,870,901  
NetSol Innovation     31.41 %     (792,749 )
NAMECET     31.41 %     1,034,542  
NIAI     31.41 %     (16,258 )
NetSol Thai     0.006 %     (196 )
OTOZ Thai     0.01 %     7  
Total           $ 7,096,247  

 

SUBSIDIARY   Non-Controlling Interest %     Non-Controlling Interest at June 30, 2025  
             
NetSol PK     30.24 %   $ 4,496,723  
NetSol Innovation     30.24 %     (637,529 )
NAMECET     30.24 %     567,819  
NIAI     30.24 %     (1,471 )
NetSol Thai     0.006 %     (184 )
OTOZ Thai     0.01 %     7  
Total           $ 4,425,365  
SCHEDULE OF CHANGE IN OWNERSHIP INTEREST

The following schedule discloses the effect on the Company’s equity due to the changes in the Company’s ownership interest.

 

  

    2026     2025     2026     2025  
    For the Three Months     For the Nine Months  
    Ended March 31,     Ended March 31,  
    2026     2025     2026     2025  
                         
Net income (loss) attributable to NetSol Transfer to (from) non-controlling interest   $ 1,300,964     $ 1,423,968     $ (809,567 )   $ 347,721  
Decrease in paid-in capital for purchase of 177,558 shares of OTOZ Inc common stock     -       -       -       (112,010 )
Increase in paid-in capital for purchase of 2,690,251 shares of common stock of NetSol PK from Open Market     -       29,135       -       29,135  
Decrease in paid-in capital for option exercise of 1,443,874 shares of common stock of NetSol PK by employees     (12,953 )             (202,873 )     -  
Net transfer to (from) non-controlling interest     (12,953 )     29,135       (202,873 )     (82,875 )
Change from net income (loss) attributable to NetSol and transfer (to) from non-controlling interest   $ 1,288,011     $ 1,453,103     $ (1,012,440 )   $ 264,846