Non-Controlling Interest in Subsidiary |
3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Noncontrolling Interest [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Non-Controlling Interest in Subsidiary |
NOTE 17 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:
NETSOL TECHNOLOGIES, LIMITED
During the three months ended September 30, 2016, employees of NetSol PK exercised 90,000 options of common stock pursuant to employees exercising stock options and NetSol PK received cash of $14,013, resulting in an increase in non-controlling interest from 33.40% to 33.51%. |