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Powergear Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Powergear Limited has 3 charges registered with the Registrar of Companies: 3 open charges worth Rs 204.46 Cr. The largest open charges are held by State Bank Of India and Axis Bank Limited. The most recent charge was created on 01 Aug 2025 in favour of Axis Bank Limited for Rs 65.00 Cr and is open.

Charges Breakdown by Lending Institutions

  • State Bank Of India : 138.76 Cr
  • Axis Bank Limited : 65.70 Cr

₹204.46 crore

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2

State Bank Of India

Creation

01 Aug 2025

₹65.00 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
101170168 View DetailsAxis Bank Limited₹ 65.00 01 Aug 2025-- Open 650000000.0
100498774 View DetailsAxis Bank Limited₹ 0.70 18 Oct 2021-- Open 7000000.0
80022624 View DetailsState Bank Of India₹ 138.76 04 Nov 198928 Feb 2025- Open 1387600000.0
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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.