Company: ZCARW
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001213900-25-059675
Chunk: 1889

Company: Zoomcar Holdings, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 6
Chunk 1889
---
 31,
 2025  
    March 31,
 2024 

    Payable to renters 
    $273,591  
    $576,052 
  
    Statutory dues payable 
     1,588,047  
     1,550,688 
  
    Capital creditors 
     5,790  
     5,936 
  
    Employee benefit expenses payable 
     274,049  
     320,360 
  
    Other liabilities* 
     1,058,172  
     330,582 
  
    Other current liabilities 
    $3,199,649  
    $2,783,618 

*Includes payables related to operating leases and the residual
value of vehicles acquired from Leaseplan India Private Limited.

*Also includes liquidated damages payable by the Company at 2%
per months of the subscription amount paid by the subscribers at the closing, to the subscribers of the December 2024 offering and Second
Closing of December 2024 offering, due to the late filing of the registration statement (Form S-1) and non-effectiveness of Form S-1
within a specified period of time including an interest of 15% p.a. on non payment of the liquidated damages on time.

22Accumulated other comprehensive income/ (loss)

The components of accumulated other comprehensive
income/(loss) were as follows:

    (In
    USD)
    As at 
    March 31,
 2025  
    March 31,
 2024 
  
    (Loss)/ Gain on employee benefit 

    Balance, beginning of period 
    $46,101  
    $115,818 
  
    Recognized during the period, net of taxes amounts to $NIL 
     (57,663) 
     (48,593)
  
    Reclassification to net income: Amortization losses/(gains) 
     (6,624) 
     (21,124)
  
    Balance, end of period 
    $(18,186) 
    $46,101 

    Foreign currency translation adjustment 

    Balance, beginning of period 
    $1,749,891  
    $1,712,181 
  
    Translation adjustments gain recognized during the period, net of taxes amounts to $NIL 
     399,817  
     37,710 
  
    Balance, end of period