Zoomcar held annual shareholder meeting; vote raised authorized common shares to 1,990,000,000

Zoomcar Holdings held its annual stockholder meeting on Aug. 11, 2026.

Stockholders backed an increase in authorized common shares to 1,990,000,000; the charter amendment was filed Aug. 13, 2026.

Investors authorized issuance of up to 509,192,089 common shares tied to the company’s warrant exchange offer.

Votes also cleared a reverse stock split range of 1-for-2 to 1-for-800; the board will set the ratio and timing.

Other items adopted included auditor ratification, a 1,000,000-share restricted stock grant to Uri Levine, and adjournment authority.