Company: GCL
Filing Date: 2025-04-08
Form Type: 424B3
Source: 0001213900-25-029989
Chunk: 352

Company: GCL Global Holdings Ltd
Filing Date: 2025-04-08
Form: 424B3
Chunk 352
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 using a weighted average
effective interest rate of 4.6% and 3.4% respectively for the six months ended September 30, 2024 and 2023, which is determined using
various incremental borrowing rate with similar term in Singapore, Hong Kong, Malaysia and Brazil.

As of September 30,
2024 and March 31, 2024, the weighted-average remaining operating lease term of its existing leases is approximately 1.3 and 1.6
years, respectively. As of September 30, 2024 and March 31, 2024, the weighted-average remaining financing lease term of its
existing leases is approximately 3.9 and 4.4 years, respectively.

Operating and finance lease expenses consist
of the following:

|                               |     |                                     |     | For the Six Months Ended September 30, |         |     |            |         |
|                               |     | Classification                      |     |                                   2024 |         |     |       2023 |         |
|                               |     |                                     |     |                             -Unaudited |         |     | -Unaudited |         |
| Operating lease cost          |     |                                     |     |                                        |         |     |            |         |
| Lease expenses                |     | General and administrative          |     |                                        | 478,663 |     |            | 229,927 |
| Finance lease cost            |     |                                     |     |                                        |         |     |            |         |
| Amortization of leased asset  |     | General and administrative          |     |                                        |  56,246 |     |            |  19,628 |
| Interest on lease liabilities |     | Interest expenses on finance leases |     |                                        |   6,137 |     |            |   2,516 |
| Total lease expenses          |     |                                     |     |                                      $ | 541,046 |     |          $ | 252,071 |

Weighted-average remaining term and discount
rate related to leases were as follows:

|                                 |     | As of         
 September 30, 
 2024          |     | As of     
 March 31, 
 2024      |
|:--------------------------------|:----|:--------------|:----|:----------|
|                                 |     | -Unaudited    |     |           |
| Weighted-average remaining term |     |               |     |           |
| Operating lease