New York court issues TRO blocking Zoomcar from key financing and share actions

Zoomcar Holdings, Inc.

TRO issued April 14, 2026, by Supreme Court of New York, NY County, in Reimer Family Partnership v. Zoomcar (Index No. 651695/2026).
Restrictions: no increase in authorized shares, warrant exchange, private placement, insider issuances, reverse stock split, or non-ordinary asset transfers.
Hearing on the order set for May 7, 2026; company intends to seek emergency stay or vacatur of the TRO.
TRO may delay or block planned financing transactions and impair liquidity; company evaluating impact and legal options.

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