DESCRIPTION OF BUSINESS AND ORGANIZATION (Tables)

6 Months Ended

12 Months Ended

Mar. 31, 2025

Sep. 30, 2024

The Company had one subsidiary, Sundial. Details of the Company as of March 31, 2025 and September 30, 2024, are set out below:

SCHEDULE OF SUBSIDIARY

Name of Entity

Date of

Incorporation

Place of

Incorporation

Percentage of Ownership

Principal

Activities

Aether Holdings, Inc.

August 15, 2023

Delaware, US

Parent

Holding Company

Sundial Capital Research Inc.

January 22, 2003

Minnesota, US

100

Software Service

After giving effect to the Reorganization, the Company had one subsidiary, Sundial. Details of the Company as of September 30, 2024, are set out below:

SCHEDULE OF SUBSIDIARY

Name of Entity

Date of

Incorporation

Place of

Incorporation

Percentage of Ownership

Principal

Activities

Aether Holdings, Inc.

August 15, 2023

Delaware, US

Parent

Holding Company

Sundial Capital Research Inc.

January 22, 2003

Minnesota, US

100

Software Service

*	From July 16, 2021, to December 31, 2022, Elixir owned approximately 70% of the equity interests of Sundial;

Aether Holdings, Inc. S-1