Company: ZCARW
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001213900-25-039778
Chunk: 357

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-05-05
Form: S-1
Chunk 357
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* |       | $ | 91,947 |     | $ | 158,455 |
|                             |       |   | 91,947 |     |   | 158,455 |

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

(This space has been left intentionally blank) F- 86 ZOOMCAR HOLDINGS, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

14 (b) Investments with related parties

The components of investments were as follows:

(In USD)

| As at                                             |     | March 
 31,   
 2024  |   |     | March 
 31,   
 2023  |        |
|:--------------------------------------------------|:----|:------|:--|:----|:------|-------:|
| Long term investments                             |     |       |   |     |       |        |
| Investments                                       
 in certificate of deposits with related parties*

# |     |       | - |     |       | 95,577 |
|                                                   |     |       | - |     |       | 95,577 |

| * | these certificate of deposits have a maturity of more than                                                                
 12 months and hence have been considered under long term. However, these have been given under lien against debt availed. |

| 15 | Other              
 non-current assets |

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

(In USD)

|                      | As at |   |   March 
     31, 
    2024 |     |   |   March 
     31, 
    2023 |
|:---------------------|:------|:--|--------:|:----|:--|--------:|
| Security deposits*   |       | $ | 350,149 |     | $ | 425,669 |
| Receivables from car 
 sale **              |       |   | 458,590 |     |   |       - |
| Other                
 non current assets   |       |   | 808,739 |     |   | 425,669 |

| * | (i) includes deposit amounting to $130,238 made as a pre deposit in court for Indian indirect tax appeal filed in FY 2021-22 and 2022-23 in the state of West Bengal and; (ii) $25,804 made as a deposit under protest for appeal filed for Income Tax litigation pertaining to FY 2015-16.