Kushal Limited - Loans (Charges)

Kushal Limited loan details

Data last updated: 14 July 2026

Kushal Limited has 23 charges registered with the Registrar of Companies: 15 open charges worth Rs 1,304.05 Cr and 8 satisfied charges worth Rs 230.02 Cr. The largest open charges are held by Bank Of India, Ifci Limited and Axis Bank Limited. Lenders on record include Bank Of India, Icici Bank Limited, Ifci Limited, Axis Bank Limited, The Shamrao Vithal Co-Operative Bank Ltd., Indusind Bank Ltd., Corportion Bank, Standard Chartered Bank. The most recent charge was created on 20 Dec 2018 in favour of Others for Rs 9.90 Cr and is closed. 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 Kushal 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.