---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-003117"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-07T00:05:14.639770+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Zoomcar appoints Adarsh Menon as President with $400K salary and 3% RSU award

## Summary
- Appointment effective Jan 8, 2024; Menon brings 22 yrs experience from Flipkart and Hindustan Unilever.
- Base salary of $400,000 per year and one-time signing bonus of $20,000.
- RSUs equal to 3% of outstanding shares vesting monthly over 4 years with a one-year lock-up.
- Additional RSUs of 0.25% of shares for each market cap milestone of $500M, $750M, $1B.
- Severance: 3 months pay w/o cause, 4 months in acquisition, 1 month during probation period.

## SEC filing metadata
- accession: 0001213900-24-003117
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000121390024003117/0001213900-24-003117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000121390024003117/ea191512-8k_zoomcar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-003117
- JSON: https://secwatch.observer/filing/0001213900-24-003117.json
- Plain text: https://secwatch.observer/filing/0001213900-24-003117.txt

## Key facts
- Executive change
  Adarsh Menon was appointed as President at Zoomcar Holdings, Inc..
  - Action: appointed
  - Role: President
  source text: Effective January 8, 2024, Zoomcar Holdings, Inc. (the “ Company ”) appointed Adarsh Menon as the President of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000121390024003117/0001213900-24-003117-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.