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Edac Engineering Limited loan details

Charges taken from banks & financial institutes

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Edac Engineering Limited has 99 charges registered with the Registrar of Companies: 10 open charges worth Rs 4.69 Cr and 89 satisfied charges worth Rs 371.02 Cr. The open charge is held by Standard Chartered Bank. Lenders on record include Sundaram Finance Ltd, Srei Infrastructure Finance Limited, Yes Bank Limited, Sundaram Finance Limited, Srei Equipment Finance Private Limited, Orix Auto Infrastructure Services Limited, Idbi Bank Limited, Indusind Bank Ltd., L & T Finance Limited, Oais Auto Financial Services Limited, Reliance Capital Ltd, Bank Of India. The most recent charge was created on 13 Nov 2024 in favour of Others for Rs 3.77 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 Edac Engineering 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.

Amount in (₹)

Charges Breakdown by Lending Institutions

  • Others : 4.54 Cr
  • Standard Chartered Bank : 0.15 Cr

₹4.69 crore

₹371.02 crore

19

Yes Bank Limited

Satisfaction

28 Dec 2024

₹8.32 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10301453 View DetailsOthers₹ 8.32 29 Jul 201117 Feb 202128 Dec 2024 Satisfied 83200000.0
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