Company: GCL
Filing Date: 2025-08-27
Form Type: DRS
Source: 0001213900-25-080905
Chunk: 162

Company: GCL Global Holdings Ltd
Filing Date: 2025-08-27
Form: DRS
Chunk 162
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 among others, government investigations and tax matters. In accordance with FASB ASC No. 450-20, “Loss Contingencies”,
we will record accruals for such loss contingencies when it is probable that a liability has been incurred and the amount of loss can
be reasonably estimated. For the years ended March 31, 2025, 2024 and 2023, we did not record any accruals for loss contingencies.

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The following table summarizes our contractual obligations
as of March 31, 2025:

| Contractual obligations                |     | Payments due by period 
 Total                  |            |     | Less than 
 1 year    |            |     | 1 – 3 years |           |     | 3 – 5 years |        |     | More than 
 5 years   |   |
|:---------------------------------------|:----|:-----------------------|-----------:|:----|:----------|-----------:|:----|:------------|----------:|:----|:------------|-------:|:----|:----------|:--|
| Bank loans, current maturities         |     | $                      | 10,500,085 |     | $         | 10,500,085 |     | $           |         — |     | $           |      — |     | $         | — |
| Bank loan, non-current                 |     |                        |  1,421,139 |     |           |          — |     |             | 1,421,139 |     |             |      — |     |           | — |
| Amount due to related parties, current |     |                        |    683,338 |     |           |    683,338 |     |             |         — |     |             |      — |     |           | — |
| Operating lease obligations            |     |                        |    487,119 |     |           |    376,751 |     |             |   110,368 |     |             |      — |     |           | — |
| Financing lease obligations            |     |                        |    249,134 |     |           |     84,528 |     |             |   117,776 |     |             | 46,830 |     |           | — |
| Total                                  |     | $                      | 13,340,815 |     |