Company: ZCARW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-110391
Chunk: 41

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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    2028 
     357,024  
     -  
     370,634  
     - 
  
    2029 
     374,427  
     -  
     388,699  
     - 
  
    Total Lease Payments 
    $1,234,235  
    $3,022,159  
    $1,449,806  
    $4,285,354 
  
    Less : Imputed Interest 
     252,938  
     553,542  
     331,069  
     318,392 
  
    Total Lease Liabilities 
    $981,297  
    $2,468,617  
    $1,118,737  
    $3,966,962 

As
at September 30, 2025, the Company continues to default on equated monthly installments (EMI) payments owed to Leaseplan India Private
Limited (Lender). In adherence to the agreement, the Company has accumulated penal interest at a simple interest rate of 1% per month
on the overdue EMIs for first 2 months of default and an additional simple interest of 1.5% per month is levied on the overdue amount
as it is continues to be unpaid after 60 days from date of default, amounting to $59,698 and $90,883 for the three and six months ending
September 30, 2025 respectively ($80,217 and $131,879 for the three and six months ended September 30, 2024 respectively).

(This
space has been left intentionally blank)

30

ZOOMCAR HOLDINGS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS (UNAUDITED)

11Investments

The
components of investments were as follows:

    (In USD) As at 
    September 30,  2025  
    March 31, 2025 
  
    Long term investments 

    Investments in certificate of deposits* 
    $21,471  
    $25,653 

    $21,471  
    $25,653 

*Investments
includes certificate of deposits and interest accrued on the same.

12Other
                                            non-current assets

The
components of other non-current assets were as follows:

    (In USD) As at 
    September 30,