Automatic Electric Limited - Loans (Charges)

Automatic Electric Limited loan details

Data last updated: 02 August 2026

Automatic Electric Limited has 43 charges registered with the Registrar of Companies: 16 open charges worth Rs 140.26 Cr and 27 satisfied charges worth Rs 112.13 Cr. The largest open charges are held by Reliance Capital Ltd and Religare Finvest Limited. Lenders on record include The Shamrao Vithal Co-Op. Bank Ltd., Reliance Capital Ltd, Bank Of Maharashtra, Bank Of Maharastra, The Shamrao Vithal Co-Operative Bank Ltd., Religare Finvest Limited. The most recent charge was created on 16 Jun 2025 in favour of Others for Rs 1.16 M 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, while a satisfied charge has been repaid and closed with the Registrar. Amounts are as filed with the MCA.

Under the Companies Act, 2013 a company must register every charge on its property or assets with the Registrar of Companies within thirty days of creating it (Form CHG-1, or CHG-9 for debentures), and report its satisfaction within thirty days of repayment (Form CHG-4). The register of charges is public, so lenders, suppliers and investors can see which assets of Automatic Electric Limited are already pledged, to whom, and for how much. This page lists each charge with its holder, amount, status and the dates of creation, modification and satisfaction, along with the share of borrowing held by each lending institution.