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M.A.G Renewable Energy Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

M.A.G Renewable Energy Private Limited has 9 charges registered with the Registrar of Companies: 8 open charges worth Rs 152.03 Cr and 1 satisfied charge worth Rs 1.50 Cr. The lender named on its open charges is City Union Bank Limited. The most recent charge was created on 31 Oct 2025 in favour of City Union Bank Limited for Rs 24.00 Cr and is open.

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 152.03 Cr

₹15,202.64 lakh

₹150.00 lakh

1

City Union Bank Limited

Creation

31 Oct 2025

₹2,400.00 lakh

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100256677 View DetailsCity Union Bank Limited₹ 150.00 07 Mar 2019-06 Jan 2023 Satisfied 15000000.0
101189541 View DetailsCity Union Bank Limited₹ 2,400.00 31 Oct 2025-- Open 240000000.0
101155700 View DetailsCity Union Bank Limited₹ 6.25 15 Sep 2025-- Open 625000.0
100983756 View DetailsCity Union Bank Limited₹ 28.75 30 Sep 202418 Oct 2025- Open 2875000.0
100933656 View DetailsCity Union Bank Limited₹ 1,800.00 30 Apr 2024-- Open 180000000.0
100893521 View DetailsCity Union Bank Limited₹ 5,392.64 14 Feb 2024-- Open 539264000.0
100838067 View DetailsCity Union Bank Limited₹ 4,875.00 30 Nov 2023-- Open 487500000.0
100454082 View DetailsCity Union Bank Limited₹ 345.00 23 Jun 2021-- Open 34500000.0
100242528 View DetailsCity Union Bank Limited₹ 355.00 14 Dec 2018-- Open 35500000.0
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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.