Magnarc Electrodes Pvt Ltd loan details
Charges taken from banks & financial institutesData last updated:
Amount in (₹)
Magnarc Electrodes Pvt Ltd has 8 charges registered with the Registrar of Companies: 2 open charges worth Rs 3.91 Cr and 6 satisfied charges worth Rs 5.18 Cr. The largest open charges are held by Axis Bank Limited and Hdfc Bank Limited. The most recent charge was created on 28 Oct 2022 in favour of Axis Bank Limited for Rs 3.50 Cr and is open.
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.50 Cr
- Hdfc Bank Limited : 0.41 Cr
₹390.67 lakh
₹518.35 lakh
5
Others
Satisfaction
10 Nov 2025
₹446.25 lakh
| Charge Id | Lender | Amount | Creation Date | Last Modification Date | Satisfaction Date | Status |
|---|---|---|---|---|---|---|
| 100127153 View Details | Others | ₹ 446.25 | 15 Sep 2017 | 10 Aug 2023 | 10 Nov 2025 | Satisfied |
| 90134977 View Details | Others | ₹ 14.00 | 16 Aug 1983 | 12 Oct 2017 | 10 Nov 2025 | Satisfied |
| 100188440 View Details | Canara Bank | ₹ 9.00 | 01 Jun 2018 | - | 01 Mar 2025 | Satisfied |
| 90131029 View Details | Andhra Pradesh State Finance Corp. | ₹ 1.77 | 17 May 1985 | - | 13 Sep 2012 | Satisfied |
| 90131017 View Details | Andhra Pradesh State Finance Corp. | ₹ 22.78 | 21 Jan 1983 | - | 13 Sep 2012 | Satisfied |
| 90134967 View Details | Andhra Pradesh State Finance Corp. | ₹ 24.55 | 21 Jan 1983 | 05 Mar 1988 | 13 Sep 2012 | Satisfied |
| 100667387 View Details | Axis Bank Limited | ₹ 350.00 | 28 Oct 2022 | 23 Sep 2024 | - | Open |
| 100440664 View Details | Hdfc Bank Limited | ₹ 40.67 | 26 Nov 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.