Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1827

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 1827
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Financing Activities

Net cash generated from financing activities totaled $8.27 million
and $20.20 million during the year ended March 31, 2025, and March 31, 2024, respectively. The Company received proceeds from the issuance
of equity and warrants amounting to $16.07 million, redeemable promissory note amounting to $3.00 million and from issuance of debt $1.07
million, further payments towards issuance cost of equity and warrants amounting to $2.37 million, further the payments include repayment
of redeemable promissory note amounting to $3.80 million along with interest, repayment of debt $3.10 million and payment towards finance
lease amounting to $2.10 million during the year ended March 31, 2025 as compared to higher  proceeds from the issuance of Senior
Subordinated convertible promissory note of $13.18 million , proceeds from issuance of unsecured convertible note amounting to $7.80 million,
proceeds from merger $5.77 million, proceeds from issuance of debt of $1.08 million, further there are cash outflows towards payment of
unsecured promissory note $1.23 million, payment towards offering costs $2.84 million, payment towards issuance cost of Senior Subordinated
convertible promissory note $1.56 million, repayment of debt $1.46 million, payment of finance lease obligations $0.53 million during
the year ended March 31, 2024. As the Company’s cash position decreased, critical payments and debt repayments were not being made
in the ordinary course of business.

Contractual Obligations and Commitments

Contractual obligations
are cash amounts that we are obligated to pay as part of certain contracts that we have entered into during the normal course of business. 

77

Below is a table that shows
our contractual lease obligations as of March 31, 2025:

    March 31, 2025 
  
    Maturities of lease liabilities are as follows: 
    Operating
 Leases  
    Finance
 Leases 
  
    2026 
     337,044  
     4,285,354 
  
    2027 
     353,429  
     - 
  
    2028 
     370,634  
     - 
  
    2029