Zoomcar shareholders approve reverse stock split and bridge warrant issuance

Zoomcar Holdings, Inc.

Reverse split approved (ratio 1:50 to 1:150, board discretion); FOR 32.9M, AGAINST 2.0M, ABSTAIN 2.9M.
Bridge warrants for up to 55,084,746 shares at $0.1416/share approved; FOR 28.8M, AGAINST 1.4M, ABSTAIN 3.7M.
Class I directors Swatick Majumdar (29.3M FOR) and John Clarke (29.6M FOR) elected.
Grant Thornton Bharat LLP ratified as auditor for FY ending March 2025; FOR 34.4M, AGAINST 0.7M, ABSTAIN 2.7M.
Annual meeting required four adjournments to reach quorum of 50.31% (37.8M shares).

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