Monal Chains Limited - Loans (Charges)

Monal Chains Limited loan details

Data last updated: 14 July 2026

Monal Chains Limited has 20 charges registered with the Registrar of Companies: 6 open charges worth Rs 11.35 Cr and 14 satisfied charges worth Rs 16.47 Cr. The largest open charges are held by The Zoroastrian Co-Operative Bank Limited and State Bank Of India. Lenders on record include The Zoroastrian Co-Operative Bank Limited, The Maharashtra State Financial Corporation, The North Kanara G.S.B. Co-Op. Bank Ltd., Corproation Bank, Corporation Bank, The N.K.G.S.B. Co-Op. Bank Ltd., State Bank Of India. The most recent charge was created on 22 Aug 2025 in favour of Others for Rs 1.20 M and is open. A charge is a security interest a company creates over its assets in favour of a lender; an open charge is still outstanding, while a satisfied charge has been repaid and closed with the Registrar. Amounts are as filed with the MCA.

Under the Companies Act, 2013 a company must register every charge on its property or assets with the Registrar of Companies within thirty days of creating it (Form CHG-1, or CHG-9 for debentures), and report its satisfaction within thirty days of repayment (Form CHG-4). The register of charges is public, so lenders, suppliers and investors can see which assets of Monal Chains Limited are already pledged, to whom, and for how much. This page lists each charge with its holder, amount, status and the dates of creation, modification and satisfaction, along with the share of borrowing held by each lending institution.