8-Kfiled August 1, 2025, 7:59 PM ETticker ZCARCIK 0001854275
other materialconfidence highsentiment negativemateriality 0.75
Zoomcar Holdings, Inc. (ZCAR): auditor change — Zoomcar dismisses Grant Thornton Bharat, engages Bansal & Co as auditor; material weaknesses persist
Zoomcar Holdings, Inc.
Dismissed Grant Thornton Bharat LLP effective July 29, 2025; no disagreements with the firm.
Engaged Bansal & Co LLP as new independent registered public accounting firm for FY 2026.
Reportable events: multiple material weaknesses in internal controls over financial reporting, including inadequate ITGCs and lack of technical expertise.
Material weaknesses have not been remediated as of the date of this filing.
Zoomcar Holdings, Inc. dismissed Grant Thornton Bharat LLP as its auditor.
Action
dismissal
Auditor
Grant Thornton Bharat LLP
Successor
Bansal & Co LLP
Exact text from the filing
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.
Zoomcar Holdings, Inc. engaged Bansal & Co LLP as its auditor.
Action
engagement
Auditor
Bansal & Co LLP
Exact text from the filing
the Audit Committee of the Company's Board of Directors approved the engagement of Bansal & Co LLP ("Bansal") as the Company's new independent registered public accounting firm for the fiscal year ending March 31, 2026, effective immediately.
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