Magna Electro Castings Limited loan details
Charges taken from banks & financial institutesData last updated:
Amount in (₹)
Magna Electro Castings Limited has 20 charges registered with the Registrar of Companies: 2 open charges worth Rs 40.25 Cr and 18 satisfied charges worth Rs 72.84 Cr. The lender named on its open charges is Axis Bank Limited. The most recent charge was created on 06 Aug 2021 in favour of Axis Bank Limited for Rs 5.00 Cr and is open.
Charges Breakdown by Lending Institutions
- Others : 35.25 Cr
- Axis Bank Limited : 5.00 Cr
₹40.25 crore
₹72.84 crore
4
Others
Satisfaction
24 Apr 2026
₹1.00 cr
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 90008674 View Details | Corporation Bank | ₹ 1.00 | 22 Mar 1999 | 31 Mar 2005 | 24 Apr 2026 | Satisfied |
| 10384366 View Details | Indian Bank | ₹ 15.56 | 19 Oct 2012 | 29 Oct 2013 | 07 Oct 2021 | Satisfied |
| 10339738 View Details | Indian Bank | ₹ 11.25 | 21 Feb 2012 | 29 Oct 2013 | 07 Oct 2021 | Satisfied |
| 90008293 View Details | Corporation Bank | ₹ 1.40 | 07 Sep 1995 | - | 19 Nov 2019 | Satisfied |
| 90008179 View Details | Corporation Bank | ₹ 0.30 | 31 May 1994 | - | 19 Nov 2019 | Satisfied |
| 10384363 View Details | Indian Bank | ₹ 3.20 | 19 Oct 2012 | - | 02 Jul 2018 | Satisfied |
| 10229301 View Details | Corporation Bank | ₹ 5.50 | 18 Jun 2010 | 13 Dec 2010 | 02 Dec 2015 | Satisfied |
| 10206033 View Details | Indian Bank | ₹ 3.20 | 19 Feb 2010 | 06 Apr 2011 | 28 Feb 2015 | Satisfied |
| 10020358 View Details | Corporation Bank | ₹ 9.10 | 14 Sep 2006 | - | 12 Jun 2014 | Satisfied |
| 10197606 View Details | Corporation Bank | ₹ 2.91 | 04 Jan 2010 | - | 20 Oct 2012 | Satisfied |
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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.