Allcargo Logistics Limited - Loans (Charges)

Allcargo Logistics Limited has 105 charges registered with the Registrar of Companies: 12 open charges worth Rs 714.08 Cr and 93 satisfied charges worth Rs 3,475.51 Cr. The largest open charges are held by Standard Chartered Bank, Axis Bank Limited and Hdfc Bank Limited. The most recent charge was created on 12 May 2023 in favour of Axis Bank Limited for Rs 4.04 Cr and is open.

A charge is a security interest a company creates over its assets in favour of a lender. An open charge is still outstanding; a satisfied charge has been repaid and closed with the Registrar. Under the Companies Act, 2013 every charge must be registered within thirty days of creation (Form CHG-1, or CHG-9 for debentures) and its satisfaction reported within thirty days of repayment (Form CHG-4). Amounts are as filed with the MCA.