Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1245

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 3
Chunk 1245
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 of certain contracts that we have entered into during the normal course of business. 

77

Below is a table that shows
our contractual lease obligations as of March 31, 2025:

    March 31, 2025 
  
    Maturities of lease liabilities are as follows: 
    Operating
 Leases  
    Finance
 Leases 
  
    2026 
     337,044  
     4,285,354 
  
    2027 
     353,429  
     - 
  
    2028 
     370,634  
     - 
  
    2029 
     388,699  
     - 
  
    2030 
     -  
     - 
  
    Total Lease Payments 
    $1,449,806  
    $4,285,354 
  
    Less : Imputed Interest 
     331,069  
     318,392 
  
    Total Lease Liabilities 
    $1,118,737  
    $3,966,962 

Borrowings

The contractual commitment
amounts in the table below are associated with agreements that are enforceable and legally binding. Obligations under contracts that
we can cancel without a material penalty are not included in the table above.

    As at 
    March 31,
 2025 
  
    Current 

    From Others 

    - Mahindra & Mahindra Financial Services Limited 
     439,415 
  
    - TATA Motors Finance Limited 
     1,749,415 
  
    - Kotak Mahindra Financial Services Limited 
     376,861 
  
    - Orix Leasing and Financial Services India LTD 
     58,978 
  
    - Clix Finance India Private Limited 
     64,621 
  
    - AON Risk Insurance Services West, Inc 
     162,051 

     2,851,341 

    Total maturity for the year ending on March 31, 2026 
    $2,851,341 

Contingencies

The Company is subject to
legal proceedings and claims that arise in the ordinary course of business. The Company accrues for losses associated with legal claims
when such losses are probable and can be reasonably estimated. These accruals are adjusted as additional information becomes available
or circumstances change. 

(A) Claims filed by