UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 193 ...

Core Viewpoint - SRIVARU Holding Limited is facing a legal claim from Sabby Volatility Warrant Master Fund Ltd. regarding warrant exercises and share delivery disputes, while the company emphasizes its commitment to transparency and shareholder value protection [1][4]. Background & Sabby's Investment Position - Sabby claims entitlement to 989,576 post-split shares, representing a 583% increase, which the company disputes based on the cashless exercise price [2]. - Sabby estimates liquidated damages of approximately $350,000, accruing at about $120,000 per week until shares are delivered, along with additional damages totaling approximately $850,000 for undelivered shares [3]. Company's Response and Legal Action - The company is actively defending itself against the lawsuit and evaluating legal remedies while focusing on its electric two-wheeler mobility business to build long-term shareholder value [4]. - The company has noted stock price volatility and is assessing the impact of warrant exercises and investor sentiment, indicating that Sabby's actions have created downward pressure on stock prices [4]. Warrant Exercise Details - On October 31, 2024, Sabby purchased 16,800,000 units, each consisting of one common share and one warrant, with a cashless conversion provision allowing for two shares per warrant upon exercise [6]. - Sabby's claim is based on a different warrant exercise calculation than the company's documented methodology, which values the exercise at $0.096 per share [6]. - Prior to a reverse split of 50:1, Sabby exercised 13,180,839 warrants, leaving 3,619,161 warrants, which the company calculated would equate to 72,383 warrants post-split [6]. Compliance and Shareholder Value - The company has ensured compliance with contractual obligations while protecting shareholder value and is engaging with legal and regulatory advisors to address shareholder concerns [8].

Company Overview - SRIVARU Holding Limited is a Cayman Islands-based company and the parent of SRIVARU Motor Private Ltd, a commercial-stage provider of premium electric motorcycles in India [3] - The company focuses on innovation, sustainability, and performance, aiming to redefine the future of mobility with affordable premium E2W vehicles [3] - SRIVARU's electric motorcycles feature redundant 3-channel automated braking, a low center of gravity for stability, enhanced safety features, and compatibility with home charging outlets [3] - The company holds a broad array of intellectual property, including a patent-pending chassis and drive acceleration system [3] - SRIVARU offers a superior total cost of ownership compared to traditional internal combustion engine motorcycles and E2W competitors [3] - The company oversees a manufacturing subsidiary crucial to achieving its vision for sustainable and innovative mobility [3] Nasdaq Delisting and Share Price Issues - Nasdaq issued a determination to delist SRIVARU's shares on January 17, 2025, due to failure to regain compliance with the minimum $1.00 bid price requirement [1] - The company's shares began trading on a reverse share split-adjusted basis on January 15, 2025, but failed to close above $1.00 [1] - SRIVARU formally appealed Nasdaq's determination on January 20, 2025, but trading in its shares will be suspended starting January 22, 2025 [1] - The company attributes the share price decline to actions by warrant holders who engaged in selling shares to influence the volume-weighted average price (VWAP) during the reset period [2] - These actions, while legal, have distorted the stock's market value and do not reflect the company's true underlying business performance [2] - SRIVARU is engaging with warrant holders for a full and final settlement to resolve the bid price issue [2] Business Strategy and Market Position - SRIVARU is dedicated to designing and manufacturing premium electric motorcycles, targeting the next generation of riders in India [3] - The company's focus on innovation and sustainability positions it as a key player in the evolving mobility sector [3] - SRIVARU's intellectual property and manufacturing capabilities are central to its competitive advantage and growth strategy [3]

Event Overview - SRIVARU Holding Limited successfully commenced its annual event, SVM Day, showcasing its commitment to innovation, sustainability, and user-centric design in the EV motorcycle industry [1] Product Innovation - The PRANA 2.0 series was unveiled, featuring flagship models PRANA Grand and PRANA Elite, equipped with BYD's LFP battery technology, offering a range of 250 kilometers per charge and acceleration from 0 to 60 km/h in under 4 seconds [3] - The PRANA 2.0 series incorporates IoT-enabled smart clusters with LTE and Bluetooth connectivity, enabling real-time parameter analysis and AI-driven insights like driving range prediction [2] - The series features an advanced waterproof hub motor with resolver technology, ensuring reliability and endurance [3] - The modular design of PRANA 2.0 includes a detachable RIM for cost-effective serviceability, catering to urban commuters and eco-conscious riders [4] Production and Quality - The company's production facility can scale up to 2,000 units per month, with a fully automated testing line completing the production cycle in just 12 minutes [5] Milestones and Achievements - Customer deliveries for the PRANA 2.0 models have commenced, marking a significant step into the revenue generation phase [6] - The company has achieved CMVR certification, underscoring its commitment to safety, performance, and environmental standards [6] Strategic Expansion - The company plans to expand its dealership network from 3 to 30 locations within the next 90 days, a 900% growth, to enhance customer access to its products and services [7] - SRIVARU announced the upcoming ALIVE scooter series, set to debut in March 2025, with three variants, including a premium version capable of covering over 200 kilometers per charge [8] Future Innovations - The company is developing a high-speed motorcycle capable of exceeding 300 kilometers per hour, showcasing its dedication to innovation in the electric mobility space [9] - SRIVARU plans to establish its own battery pack manufacturing line by April 2025 as part of its backward integration strategy, aiming to enhance product quality and operational efficiency [10] Vision and Mission - SVM Day 2025 reaffirmed the company's mission to deliver high-performance, eco-friendly motorcycles, focusing on cutting-edge technology, innovative design, and customer satisfaction [11] - The event concluded with a strong message of unity, innovation, and growth, inspiring attendees about the future of SRIVARU Holding Limited [12]

Company Overview - SRIVARU Holding Limited is a leading innovator in the EV motorcycle industry, focusing on cutting-edge technology, sustainability, and user-centric design [1] - The company is headquartered in Grand Cayman, Cayman Islands, with its primary operations centered around electric mobility solutions [3] SVM Day Event - SVM Day is an annual event showcasing the company's commitment to shaping the future of personal mobility through innovation and sustainability [1] - The event will be held online on January 15th, 2025, at 10:00 AM EST, bringing together stakeholders including investors, partners, dealers, customers, and media [9] - SVM Day highlights the company's achievements in 2024 and outlines its ambitious plans for 2025, emphasizing its dedication to performance, quality, and environmental consciousness [10] CEO's Vision - CEO Mohanraj Ramasamy emphasizes SRIVARU's mission to redefine personal transportation with sustainable energy and world-class experiences [5] - The company aims to address the growing demand for premium electric mobility in India and beyond, with innovative solutions and a forward-looking strategy [5] Achievements and Future Plans - In 2024, SRIVARU achieved significant milestones, including advancements in product offerings, market expansion, and strategic partnerships [6] - For 2025, the company plans transformative initiatives to elevate the personal mobility experience and set new industry benchmarks [6] - SRIVARU is expanding its dealer network in India to increase accessibility and convenience for customers [6] Forward-Looking Strategy - The company is focused on leading the EV motorcycle industry in 2025 and beyond, with a commitment to creating long-term value for customers, partners, and stakeholders [5] - SRIVARU's strategy includes innovative solutions aimed at addressing the growing demand for premium electric mobility [5]

GRAND CAYMAN, Cayman Islands, Jan. 13, 2025 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced that it will effect a share consolidation (“Reverse Share Split”) of its ordinary shares at a ratio of 50-for-1, effective as of 12:00 am on January 15, 2025 (the “Effective Time”), in order to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq’s Marketplace Rule 5450(a)(1). The Com ...

GRAND CAYMAN, Cayman Islands, Oct. 31, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced the closing of its previously announced public offering of 106,250,000 units at a public offering price of $0.064 per unit. Each unit consists of one ordinary share and one warrant to purchase one ordinary share, which can be exercisable for two ordinary shares pursuant to an alternative cashless exercise p ...

GRAND CAYMAN, Cayman Islands, Oct. 30, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, today announced the pricing of its public offering of 106,250,000 units at a public offering price of $0.064 per unit. Each unit consists of one ordinary share and one warrant to purchase one ordinary share, which can be exercisable for two ordinary shares pursuant to an alternative cashless exercise provision. In addition ...

GRAND CAYMAN, Cayman Islands, Oct. 23, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) (“SRIVARU” or the “Company”), a manufacturer of premium electric motorcycles, today announced its expansion into the Indian State of Kerala with the launch of its PRANA 2.0 electric motorcycle through a new joint dealership with Electrogreen Motors in Thiruvananthapuram, Kerala’s capital. The joint dealership model, developed by SRIVARU, allows the Company to partner with established local dealers, ...

GRAND CAYMAN, Caman Islands, Sept. 26, 2024 (GLOBE NEWSWIRE) -- SRIVARU Holding Limited (Nasdaq: SVMH, SVMHW) ("SRIVARU" or the "Company"), a manufacturer of premium electric motorcycles, announced today that it has successfully obtained certification from India's Central Motor Vehicles Rules (CMVR) agency for PRANA 2.0 models, which include the PRANA Grand and PRANA Elite. This regulatory approval marks a significant achievement in SRIVARU's mission to deliver innovative, eco-friendly transportation soluti ...