Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 284

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 284
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        345,584 |     |                |         - |
| 2027                                            |     |                  |           352,926 |     |                |         - |     |                  |        362,385 |     |                |         - |
| 2028                                            |     |                  |           370,106 |     |                |         - |     |                  |        380,025 |     |                |         - |
| 2029                                            |     |                  |           388,144 |     |                |         - |     |                  |        398,548 |     |                |         - |
| Total Lease Payments                            |     | $                |         1,527,985 |     | $              | 4,891,354 |     | $                |      1,878,985 |     | $              | 6,475,668 |
| Less : Imputed Interest                         |     |                  |           367,794 |     |                |   875,662 |     |                  |        503,762 |     |                |   737,429 |
| Total Lease Liabilities                         |     | $                |         1,160,191 |     | $              | 4,015,692 |     | $                |      1,375,223 |     | $              | 5,738,239 |

During the period ended December 31, 2024, the Company entered into
re-structuring agreements with Orix Leasing and Financial Services India Limited (Orix). Under the restructured terms with Orix, the Company
was to pay % of the outstanding liability by November 25, 2024, with the remaining % due in installments at % interest,
starting January 15, 2025. If the Company defaults, the entire liability, plus % annual compounded interest, will be due after a 15-day
grace period. As of December 31, 2024, the Company has fulfilled all payment obligations under the restructured terms.

In adherence to the agreement, the
Company has accumulated penal interest at a simple interest rate of % per month on the overdue EMIs after adjustment of amounts paid
during the three months ended December 31, 2024, amounting to $.

As per the terms of the agreement, an additional simple interest of
% per month is levied on the overdue amount as it is still unpaid after