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Merit Technologies (India) Limited loan details

Charges taken from banks & financial institutes

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Amount in (₹)

Merit Technologies (India) Limited has 11 charges registered with the Registrar of Companies: 3 open charges worth Rs 35.98 Cr and 8 satisfied charges worth Rs 18.72 Cr. The lender named on its open charges is Axis Bank Limited. The most recent charge was created on 09 Mar 2023 in favour of Axis Bank Limited for Rs 5.00 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 35.98 Cr

₹35.98 crore

₹18.72 crore

4

Axis Bank Limited

Satisfaction

05 Dec 2024

₹0.11 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
100381404 View DetailsOthers₹ 0.27 18 Sep 2020-05 Dec 2024 Satisfied 2650000.0
100191912 View DetailsOthers₹ 0.11 23 Jul 2018-05 Dec 2024 Satisfied 1060000.0
100698726 View DetailsAxis Bank Limited₹ 5.00 09 Mar 2023-26 Jul 2023 Satisfied 50000000.0
100093793 View DetailsAxis Bank Limited₹ 1.75 06 Mar 2017-02 Jul 2019 Satisfied 17500000.0
80018260 View DetailsDena Bank₹ 11.00 29 Sep 200410 Oct 201424 Jun 2019 Satisfied 110000000.0
100107863 View DetailsDena Bank₹ 0.05 17 May 2017-12 Mar 2019 Satisfied 500000.0
100096870 View DetailsOthers₹ 0.07 20 Mar 2017-12 Mar 2019 Satisfied 748000.0
80067952 View DetailsSanmar Engineering Services Ltd₹ 0.47 31 Jan 2006-19 May 2015 Satisfied 4708000.0
100700315 View DetailsAxis Bank Limited₹ 0.50 01 Feb 2023-- Open 5000000.0
100416931 View DetailsAxis Bank Limited₹ 0.30 17 Dec 2020-- Open 3000000.0
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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

Verified entity values are shown only after access is granted.

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.