Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 318

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 318
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 Leases 
  
    2026 
     162,334  
     3,022,159 
  
    2027 
     340,451  
     - 
  
    2028 
     357,024  
     - 
  
    2029 
     374,427  
     - 
  
    2030 
     -  
     - 
  
    Total Lease Payments 
    $1,234,235  
    $3,022,159 
  
    Less : Imputed Interest 
     252,938  
     553,542 
  
    Total Lease Liabilities 
    $981,297  
    $2,468,617 

67

Borrowings

The contractual commitment
amounts in the table below are associated with agreements that are enforceable and legally binding. Obligations under contracts that we
can cancel without a material penalty are not included in the table above.

    As at 
    Sep 30,
2025 
  
    Current 

    From Others 

    - Mahindra & Mahindra Financial Services Limited 
    $366,920 
  
    - TATA Motors Finance Limited 
     1,558,355 
  
    - Kotak Mahindra Financial Services Limited 
     387,362 
  
    - Orix Leasing and Financial Services India LTD 
     6,253 
  
    - Clix Finance India Private Limited 
     69,053 
  
    - AON Risk Insurance Services West, Inc 
     - 

    $2,387,943 

    Total maturity for the year ending on September 30, 2026 
    $2,387,943 

Contingencies

(A)Claims filed by customers and third-parties not acknowledged as liability amounted to $4,563,129 and $4,503,122
as at September 30, 2025 and March 31, 2025, respectively. The claims made by the customers against the Company includes claims that have
been made for amounts charged to customers by the Company as damages for improper use of vehicles and/or physical damages made to vehicles
during an active trip ; or claims made by customers for unavailability of the booked vehicle or for any mechanical default in the booked
vehicle ; or claims against any similar issue faced by either the host or the customer. Under the erstwhile business model of