Company: ZCARW
Filing Date: 2025-03-04
Form Type: S-1
Source: 0001213900-25-020176
Chunk: 298

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-03-04
Form: S-1
Chunk 298
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 |     | $ |       13,775 |   |     | $ | 23,239 |   |     | $ |       59,361 |   |     | $ |  77,453 |   |

| Components                                                                      
 of actuarial gain:                                                              |     |   |        Three 
 months ended 
 December 31, 
         2024 |   |     |   |   2023 |   |     |   |         Nine 
 months ended 
 December 31, 
         2024 |   |     |   |   2023 |   |
|:--------------------------------------------------------------------------------|:----|:--|-------------:|:--|:----|:--|-------:|:--|:----|:--|-------------:|:--|:----|:--|-------:|:--|
| Actuarial                                                                       
 (gain)/loss due to demographic assumption changes in defined benefit obligation |     | $ |       (3,739 | ) |     | $ | (3,178 | ) |     | $ |       (2,676 | ) |     | $ | (2,430 | ) |
| Actuarial                                                                       
 (gain)/ loss due to financial assumption changes in defined benefit obligation  |     |   |        1,649 |   |     |   |  5,847 |   |     |   |        4,350 |   |     |   |    312 |   |
| Actuarial                                                                       
 (gain)/loss due to experience on defined benefit obligation                     |     |   |       14,121 |   |     |   | 15,320 |   |     |   |       52,679 |   |     |   | 63,712 |   |
| Total                                                                           |     | $ |       12,031 |   |     | $ | 17,989 |   |     | $ |       54,353 |   |     | $ | 61,594 |   |

F-42 ZOOMCAR HOLDINGS, INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

The assumptions used in accounting for the gratuity plan are as follows:

|                                                       |     |     | December 31, 
         2024 |   |     |     | December 31, 
         2023 |   |
|:------------------------------------------------------|:----