Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 3186

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 8
Chunk 3186
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  Non-current operating lease liabilities   801,981    1,009,681   Total operating lease liabilities  $1,118,737   $1,375,223                Finance Leases                         Property and equipment, at cost  $5,777,170   $5,923,555   Accumulated depreciation   (4,015,655)   (4,117,406)  Accumulated impairment   (1,761,515)   (1,806,149)  Property and equipment, net  $-   $-                Current finance lease liabilities  $3,966,962   $5,738,239   Non-current finance lease liabilities   -    -   Total finance lease liabilities  $3,966,962   $5,738,239                Weighted Average Remaining Lease Term            Operating leases   48 months    58 months   Finance leases   18 months    30 months   Weighted Average Discount Rate            Operating leases   13.00%   13.00%  Finance leases   9.00%   9.00% 

F-27

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

12Leases (Continued)

The Company determines the incremental borrowing
rate by adjusting the benchmark reference rates, with appropriate financing spreads applicable to the respective geographies where the
leases were entered and lease specific adjustments for the effects of collateral.

    March 31, 2025 
  
    Maturities of lease liabilities as of March 31 are as follows: 
    Operating Leases  
    Finance Leases 
  
    2026 
     337,044  
     4,285,354 
  
    2027 
     353,429  
     - 
  
    2028 
     370,634  
     - 
  
    2029 
     388,699  
     - 
  
    2030 
     -  
     - 
  
    Total Lease Payments 
    $1,449,806  
    $