Company: ZCARW
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001213900-25-014437
Chunk: 287

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 8
Chunk 287
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 ended December 31, 2024 respectively ($98,424 and
$317,248 for the three months and nine months ended December 31, 2023 respectively).

42

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS (UNAUDITED)

    29
    Related Party Transactions

    Key managerial personnel (KMP)

    Gregory Bradford Moran
    Chief Executive Officer & Director (until June 20, 2024)

    Hiroshi Nishijima
    Chief Executive Officer (w.e.f. June 20, 2024)

    Uri Levine
    Director (until July 20, 2023)

    David Ishag
    Director (until January 31, 2024)

    Evelyn D’An
    Director (w.e.f. April 19, 2023)

    Graham Gullan
    Director (until June 18, 2024)

    Swatick Majumdar
    Director (w.e.f. August 9, 2023)

    Mohan Ananda
    Director (w.e.f. December 28, 2023)

    Madan Menon
    Director (w.e.f. December 28, 2023)

    Lisbeth McNabb
    Director (until April 18, 2023)

    John Robert Clarke
    Director (w.e.f. June 20, 2024)

    Mark Bailey*
    Director (until December 06, 2024)

    Investor in Indian subsidiary

    Mahindra & Mahindra Limited**
    Investor in Indian
subsidiary (until December 28, 2023)

    Enterprises owned or significantly influenced by above

Mahindra & Mahindra Financial Services Limited**

    Mahindra First Choice Wheels Limited**

    Yard Management Services Limited** 

    Ananda Small Business
Trust

Related party transactions pertaining to debt, investments,
and other current liabilities have been stated on the face of the Condensed Consolidated Balance Sheets and Condensed Consolidated Statements
of Operations.

43

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED
FINANCIAL STATEMENTS (UNAUDITED)

The Company had following transactions with related
parties:

    Three months ended  
    Nine months ended 

    December 31, 2024  
    December 31, 2023  
    December