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Galaxy Bearings Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Galaxy Bearings Limited has 7 charges registered with the Registrar of Companies: 3 open charges worth Rs 62.00 Cr and 4 satisfied charges worth Rs 15.58 Cr. The lender named on its open charges is State Bank Of India. The most recent charge was created on 26 Nov 2024 for Rs 20.00 Cr and is open.

Charges Breakdown by Lending Institutions

  • State Bank Of India : 42.00 Cr
  • Others : 20.00 Cr

₹62.00 crore

₹15.58 crore

3

State Bank Of India

Creation

26 Nov 2024

₹20.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10009653 View DetailsBank Of Baroda₹ 7.27 07 Jun 200623 Jul 200931 Jul 2010 Satisfied 72650000.0
90096223 View DetailsBank Of Baroda₹ 0.70 21 Apr 199911 Jan 200531 Jul 2010 Satisfied 7000000.0
90094751 View DetailsBank Of Baroda₹ 7.27 03 Nov 199315 Jul 200931 Jul 2010 Satisfied 72650000.0
90096214 View DetailsBank Of Baroda₹ 0.35 03 Nov 199308 Mar 200331 Jul 2010 Satisfied 3500000.0
101064678 View DetailsOthers₹ 20.00 26 Nov 2024-- Open 200000000.0
10234795 View DetailsState Bank Of India₹ 21.00 02 Aug 201006 May 2015- Open 210000000.0
10234791 View DetailsState Bank Of India₹ 21.00 27 Jul 201006 May 2015- Open 210000000.0
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Charge documents and asset details

The filed charge documents and the assets pledged under each charge are in the company report.

  • Assets and property pledged under each charge
  • Terms and conditions as filed
  • Filed charge documents where available

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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.