Company: ZCARW
Filing Date: 2025-01-10
Form Type: PRER14A
Source: 0001213900-25-002658
Chunk: 45

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-01-10
Form: PRER14A
Chunk 45
---
 Board may not be able to adjourn the Special Meeting to a later date in the event that there
are insufficient votes for, or otherwise in connection with, the approval of t any of the foregoing proposals.

Required Vote

The affirmative vote of a
majority of the shares of Common Stock present and entitled to vote at the Special Meeting is required for the approval of the Adjournment Proposal.
Abstentions and broker non-votes with respect to this proposal will be counted for purposes of establishing a quorum. Abstentions and
broker non-votes will have no effect on the outcome of the vote.

THE BOARD UNANIMOUSLY RECOMMENDS THAT THE STOCKHOLDERS VOTE “FOR” THE ADJOURMENT PROPOSAL.

<div align='center'>23</div>

Security Ownership of Certain Beneficial Owner and Management and Related Stockholder Matters

The following table sets
forth information regarding the beneficial ownership of our voting shares as of the Record Date by:

| ● | each person who is known to                                   
 be the beneficial owner of more than 5% of our voting shares; |

| ● | each of our named executive 
 officers and directors; and |

| ● | all of our executive officers 
 and directors as a group.     |

Beneficial ownership is
determined according to the rules of the SEC, which generally provide that a person has beneficial ownership of a security if he, she
or it possesses sole or shared voting or investment power over that security, including options and warrants that are currently exercisable
or exercisable within 60 days. Except as described in the footnotes below and subject to applicable community property laws and similar
laws, we believe that each person listed above has sole voting and investment power with respect to such shares. The beneficial ownership
of shares of Company Common Stock is based on an aggregate of 6,771,662 shares of Common Stock issued and outstanding on the Record Date;
provided, that, the information below excludes the shares of Common Stock reserved for future awards under the Incentive Plan and gives
effect to the Reverse Stock Split.

Unless otherwise indicated,
the business address of each of the entities, directors and executives in this table is Anjaneya Techno Park, No.147, 1st Floor, Kodihalli,
Bangalore, India 560008. Unless otherwise indicated and subject to community property laws and similar laws, the Company believes that
all parties named in the table below have sole voting and investment power with respect to