Magnacon Electricals India Ltd - Loans (Charges)
Founded in 1976 and headquartered in West Bengal, India.
1976 Kolkata, West Bengal (India) Active
Magnacon Electricals India Ltd loan details
Charges taken from banks & financial institutesData last updated:
Amount in (₹)
Magnacon Electricals India Ltd has 9 charges registered with the Registrar of Companies: 3 open charges worth Rs 122.51 Cr and 6 satisfied charges worth Rs 88.03 Cr. The lender named on its open charges is Axis Bank Limited. The most recent charge was created on 15 Mar 2022 in favour of Axis Bank Limited for Rs 91.01 Cr and is open.
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 122.51 Cr
₹122.51 crore
₹88.03 crore
4
Axis Bank Limited
Modification
01 Aug 2025
₹91.01 cr
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 10349147 View Details | Others | ₹ 78.00 | 22 Mar 2012 | 31 Dec 2018 | 18 Feb 2019 | Satisfied |
| 90251896 View Details | Allahabad Bank | ₹ 1.38 | 04 Sep 1998 | 03 Jun 2005 | 19 Sep 2007 | Satisfied |
| 80031991 View Details | Industrial Development Bank Of India | ₹ 0.45 | 14 Jul 1999 | - | 29 Aug 2007 | Satisfied |
| 80036691 View Details | Industrial Development Bank Of India | ₹ 1.95 | 26 Mar 1998 | - | 29 Aug 2007 | Satisfied |
| 80036690 View Details | Industrial Development Bank Of India | ₹ 1.25 | 27 Mar 1997 | - | 29 Aug 2007 | Satisfied |
| 80036692 View Details | Industrial Development Bank Of India | ₹ 5.00 | 04 Aug 1995 | - | 29 Aug 2007 | Satisfied |
| 100553953 View Details | Axis Bank Limited | ₹ 91.01 | 15 Mar 2022 | 01 Aug 2025 | - | Open |
| 100418960 View Details | Axis Bank Limited | ₹ 5.25 | 01 Feb 2021 | 06 Feb 2021 | - | Open |
| 100326518 View Details | Axis Bank Limited | ₹ 26.25 | 04 Feb 2020 | 12 Feb 2020 | - | Open |
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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.