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Gem Cables And Conductors Ltd. loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Gem Cables And Conductors Ltd. has 8 charges registered with the Registrar of Companies: 6 open charges worth Rs 5.25 Cr and 2 satisfied charges worth Rs 11.50 Cr. The largest open charges are held by Industrial Credit And Investment Corporation Of India Ltd. and The Vysya Bank Limited. The most recent charge was created on 29 Mar 1997 in favour of Industrial Development Bank Of India for Rs 3.00 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Industrial Credit And Investment Corporation Of India Ltd. : 3.75 Cr
  • The Vysya Bank Limited : 1.50 Cr

₹5.25 crore

₹11.50 crore

4

Indusing Bnak Ltd.

Satisfaction

19 Jul 2021

₹3.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90115458 View DetailsIndustrial Development Bank Of India₹ 3.00 29 Mar 1997-19 Jul 2021 Satisfied 30000000.0
90115291 View DetailsIndusing Bnak Ltd.₹ 8.50 27 Mar 1996-06 Feb 2009 Satisfied 85000000.0
90115310 View DetailsThe Vysya Bank Limited₹ 0.59 13 May 1996-- Open 5855000.0
90115170 View DetailsIndustrial Credit And Investment Corporation Of India Ltd.₹ 3.75 21 Jun 1995-- Open 37500000.0
90114698 View DetailsThe Vysya Bank Limited₹ 0.27 08 Jan 199008 Jan 1990- Open 2700000.0
90116703 View DetailsThe Vysya Bank Limited₹ 0.10 17 Jul 1989-- Open 1000000.0
90113904 View DetailsThe Vysya Bank Limited₹ 0.27 07 Oct 198301 Dec 1993- Open 2700000.0
90114372 View DetailsThe Vysya Bank Limited₹ 0.27 07 Oct 198327 Sep 1991- Open 2700000.0
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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

Verified entity values are shown only after access is granted.

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.