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Hi-Tech Abrasives Limited. loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Hi-Tech Abrasives Limited. has 10 charges registered with the Registrar of Companies: 7 open charges worth Rs 203.07 Cr and 3 satisfied charges worth Rs 167.40 Cr. The largest open charges are held by Jm Financial Asset Reconstruction Company Private Limited, State Bank Of India and Axis Bank Ltd. The most recent charge was created on 09 Sep 2009 in favour of Jm Financial Asset Reconstruction Company Private Limited for Rs 125.70 Cr and is open.

Charges Breakdown by Lending Institutions

  • Jm Financial Asset Reconstruction Company Private Limited : 125.70 Cr
  • State Bank Of India : 59.10 Cr
  • Axis Bank Ltd : 16.90 Cr
  • M.P. Financial Corporation : 1.20 Cr
  • Centurion Bank Ltd : 0.09 Cr
  • Others : 0.08 Cr

₹203.07 crore

₹167.40 crore

6

Jm Financial Asset Reconstruction Company Private Limited

Modification

26 Mar 2014

₹125.70 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10072963 View DetailsState Bank Of India₹ 117.50 15 Oct 2007-16 Jan 2008 Satisfied 1175000000.0
10024829 View DetailsState Bank Of India₹ 20.90 23 Sep 2006-16 Jan 2008 Satisfied 209000000.0
90204180 View DetailsState Bank Of India₹ 29.00 21 Jul 2004-16 Jan 2008 Satisfied 290000000.0
10230938 View DetailsJm Financial Asset Reconstruction Company Private Limited₹ 125.70 09 Sep 200926 Mar 2014- Open 1257000000.0
10086117 View DetailsAxis Bank Ltd₹ 16.90 09 Jan 200821 Sep 2010- Open 169000000.0
90206151 View DetailsState Bank Of India₹ 29.00 21 Jul 200411 Mar 2005- Open 290000000.0
90209629 View DetailsState Bank Of India₹ 30.10 21 Jul 200431 Jan 2007- Open 301000000.0
90209334 View DetailsCenturion Bank Ltd₹ 0.09 13 Aug 2003-- Open 850000.0
90209142 View DetailsCenturian Bank Ltd₹ 0.08 29 Nov 2002-- Open 800000.0
90203907 View DetailsM.P. Financial Corporation₹ 1.20 30 Mar 200209 Sep 2002- Open 12000000.0
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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.