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Indian Magnetics Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Indian Magnetics Limited has 10 charges registered with the Registrar of Companies: 10 open charges worth Rs 10.53 Cr. The largest open charges are held by Punjab National Bank, Industrial Credit & Investment Corpn. Of India and Industrial Finance Corporation Of India. The most recent charge was created on 31 May 1993 in favour of Punjab National Bank for Rs 2.40 Cr and is open.

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 6.31 Cr
  • Industrial Credit & Investment Corpn. Of India : 1.90 Cr
  • Industrial Finance Corporation Of India : 1.48 Cr
  • Industrial Development Corporation Of India : 0.84 Cr

₹10.53 crore

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4

Punjab National Bank

Modification

11 Sep 1995

₹1.26 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90033014 View DetailsPunjab National Bank₹ 2.40 31 May 1993-- Open 24000000.0
90032912 View DetailsIndustrial Development Corporation Of India₹ 0.84 31 Aug 199204 Mar 1993- Open 8400000.0
90032855 View DetailsPunjab National Bank₹ 0.61 21 Feb 1992-- Open 6106168.0
90032828 View DetailsPunjab National Bank₹ 0.60 24 Dec 1991-- Open 6000000.0
90032795 View DetailsIndustrial Finance Corporation Of India₹ 0.84 11 Sep 1991-- Open 8400000.0
90032599 View DetailsPunjab National Bank₹ 1.67 25 May 199027 Jun 1994- Open 16700000.0
90032512 View DetailsPunjab National Bank₹ 1.03 16 Dec 198924 Dec 1991- Open 10300000.0
90032440 View DetailsIndustrial Credit & Investment Corpn. Of India₹ 0.64 17 Jul 198904 Sep 1990- Open 6400000.0
90032398 View DetailsIndustrial Credit & Investment Corpn. Of India₹ 1.26 07 Apr 198911 Sep 1995- Open 12600000.0
90032362 View DetailsIndustrial Finance Corporation Of India₹ 0.64 17 Feb 198911 Sep 1991- Open 6400000.0
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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.