Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 686

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1B
Chunk 686
---
 overdue amount as it is still unpaid
after 60 days from date of default.

Further, during the year ended March 31, 2025, the Company recorded a loss on modification of lease amounting to $457,474 in the Consolidated
Statement of Operations due to changes in future lease payments as per the repayment schedule. Refer note 26.

F-28

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

13Intangible Assets

The components of intangible assets, were as follows:

  (In USD) As at     March 31, 2025   March 31, 2024      Average useful life  Gross Carrying Amount   Accumulated Amortization   Net Carrying Amount   Gross Carrying Amount   Accumulated Amortization   Net Carrying Amount                                 Computer software  5 years   16,392   $(10,941)  $5,451   $33,033   $(14,640)  $18,393   Total      16,392    (10,941)   5,451    33,033    (14,640)   18,393  

Amortization expense for the year ended March 31, 2025 and March 31,
2024 was $3,292 and $6,981 respectively.

Future amortization of intangible assets that will be recorded in general
and administrative expenses is estimated as follows.

    Amount 
($) 
  
    March 31, 2026 
     3,257 
  
    March 31, 2027 
     2,194 
  
    Total remaining amortization 
     5,451 

(This space has been left intentionally blank)

F-29

ZOOMCAR HOLDINGS, INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

14Investments

The components of investments were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 
  
    Long term investments 

    Investments in certificate of deposits* 
    $25,653  
    $91,947 

    $25,653  
    $91,947 

*Investments includes certificate of deposits and