Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1882

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 1882
---
(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 interest accrued
on the same.

15Other non-current assets

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

    (In USD) As at 
    March 31, 2025  
    March 31, 2024 

    Security deposits 
    $188,723  
    $217,511 
  
    Deposits with tax authorities 
     422,282  
     132,638 
  
    Restricted cash* 
     94,762  
     - 
  
    Receivables from car sale** 
     -  
     458,590 
  
    Other non-current assets 
    $705,767  
    $808,739 

*Restricted cash represents amount held as an indemnification
escrow fund with the placement agent for all indemnification liabilities and expenses payable by the Company as per the placement agent
agreement for a period of 3 years from closing of the November 2024 Offering.

**The Company has recorded bad debts against receivable
from car sale amounting to $452,014 during the year ended March 31, 2025.

16Accounts Payable

The components of accounts payable were as follows:

    (In USD) As at 
    March 31, 2025