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Magadh Hitech Wires Private Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Magadh Hitech Wires Private Limited has 5 charges registered with the Registrar of Companies: 1 open charge worth Rs 23.50 Cr and 4 satisfied charges worth Rs 22.31 Cr. The open charge is held by Indian Bank. The most recent charge was created on 19 Sep 2025 in favour of Indian Bank for Rs 23.50 Cr and is open.

Charges Breakdown by Lending Institutions

  • Indian Bank : 23.50 Cr

₹23.50 crore

₹22.31 crore

4

Indian Bank

Satisfaction

24 Nov 2025

₹6.30 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10627530 View DetailsAxis Bank Limited₹ 6.30 19 Feb 201605 Apr 202524 Nov 2025 Satisfied 63000000.0
100171001 View DetailsBank Of India₹ 0.30 15 Feb 2018-22 Sep 2025 Satisfied 3000000.0
101057171 View DetailsOthers₹ 10.00 20 Jan 2025-17 Jul 2025 Satisfied 100000000.0
10082168 View DetailsBank Of India₹ 5.71 17 Dec 200731 Mar 201418 Nov 2019 Satisfied 57100000.0
101170313 View DetailsIndian Bank₹ 23.50 19 Sep 2025-- Open 235000000.0
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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.