Company: ZCARW
Filing Date: 2025-08-01
Form Type: 8-K
Source: 0001213900-25-070632
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Company: Zoomcar Holdings, Inc.
Filing Date: 2025-08-01
Form: 8-K
Item: Item 4.01
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Item 4.01. Changes in Registrant’s Certifying Accountant

(a) Dismissal of Independent Registered Public Accounting Firm.

On July 29, 2025, Zoomcar Holdings Inc. (the “ Company”)
notified Grant Thornton Bharat LLP (“ GT Bharat”) that it was dismissed as the Company’s independent registered public
accounting firm, effective immediately. The decision to dismiss GT Bharat was approved by the Audit Committee of the Company’s Board
of Directors.

The audit reports of GT Bharat on the Company’s consolidated
financial statements for the fiscal years ended March 31, 2025 and March 31, 2024 did not contain an adverse opinion or a disclaimer of
opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. During the Company’s two
most recent fiscal years ended March 31, 2025 and March 31, 2024, and the subsequent interim period through July 29, 2025, there were
no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K) with GT Bharat on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of
GT Bharat, would have caused GT Bharat to make reference to the subject matter of the disagreement in connection with its reports.

For the fiscal years ended March 31, 2025 and March 31, 2024, and through
the interim period ended July 29, 2025, there were the following “reportable events” (as such term is defined in Item 304(a)(1)(v)
of Regulation S-K): As disclosed in Part II, Item 9A of the Company’s Annual Report on Form 10-K for the year ended March 31, 2025,
the Company’s management determined that the Company’s internal control over financial reporting was not effective as of the
end of such periods due to the existence of material weaknesses related to the following:

  Our controls over independent review and documentation of third-party advisors’ reports were not operating effectively. We rely                

  Our controls over financial reporting, specifically related to the inadequacy of our financial reporting policies and procedures,      

  Our controls over the financial statement close process do not provide sufficient evidence of review.  

  Our resources are deficient in comprehensive knowledge and expertise pertaining to technical accounting and SEC reporting requirements.