Zoomcar (ZCAR) Announces Debt Restructuring
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Zoomcar Announces Debt Restructuring Amidst Continued Growth and Leadership Focus on Financial Stability
October 16, 2024 4:00 AM EDTBENGALURU, India, Oct. 16, 2024 /PRNewswire/ -- Zoomcar Holdings, Inc. ("Zoomcar" or the "Company") (NASDAQ: ZCAR), the NASDAQ-listed leading marketplace for self-drive car sharing, hit a major milestone in the debt restructuring process that is aimed at reducing the company's debt obligations of approximately $31 MM out of the total outstanding debt ("debt" and... More
