---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-006510"
form_type: "8-K"
ticker: "ZCAR"
cik: "0001854275"
company_name: "Zoomcar Holdings, Inc."
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T11:46:27.088345+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Zoomcar fails to regain Nasdaq MVPHS compliance; faces delisting; CFO promoted, CEO salary restored

## Summary
- Failed to regain Nasdaq MVPHS compliance (min $15M public float) by Jan 21; delisting notice on Jan 23.
- Company also noncompliant with other Nasdaq listing rules; compliance plan presented Jan 9; must present views on additional deficiency by Jan 30.
- Sachin Gupta promoted from Interim CFO to CFO effective Jan 17, 2025.
- CEO Hiroshi Nishijima's salary restored from $175K to $350K per annum, retroactive to Jan 1, 2025.

## SEC filing metadata
- accession: 0001213900-25-006510
- form_type: 8-K
- ticker: ZCAR
- cik: 0001854275
- company_name: Zoomcar Holdings, Inc.
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854275/000121390025006510/0001213900-25-006510-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854275/000121390025006510/ea0228619-8k_zoomcar.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-006510
- JSON: https://secwatch.observer/filing/0001213900-25-006510.json
- Plain text: https://secwatch.observer/filing/0001213900-25-006510.txt

## Source-grounded claims
- claim_id: 832e5aca797326c9183fa1ddd6e7fb9597c8b876
  claim: Zoomcar Holdings, Inc. received a nasdaq delisting notice notice regarding market value (rules 5450(b)(2)(C), 5810(c)(3)(D)).
  evidence_excerpt: January 23, 2025, the Company received a further notice from the Staff, notifying the Company that its failure to regain compliance with the MVPHS Rule serves as an additional basis for delisting the Company’s securities
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000121390025006510/0001213900-25-006510-index.htm
- claim_id: e7936d8bc3
  claim: Sachin Gupta was appointed as Chief Financial Officer at Zoomcar Holdings, Inc..
  evidence_excerpt: On January 17, 2025, the board of directors (the “Board”) of the Company approved a change in the designation of Sachin Gupta, from Interim Chief Financial Officer to Chief Financial Officer, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854275/000121390025006510/0001213900-25-006510-index.htm

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