Palred Electronics Private Limited - Loans (Charges)

Palred Electronics Private Limited loan details

Data last updated: 04 August 2026

Palred Electronics Private Limited has 2 charges registered with the Registrar of Companies: 1 open charge worth Rs 70.98 Cr and 1 satisfied charge worth Rs 30.00 Cr. The open charge is held by Axis Bank Limited. The most recent charge was created on 28 Aug 2023 in favour of Axis Bank Limited for Rs 70.98 Cr 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 Palred Electronics Private 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.