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Prakathi Spinners Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Prakathi Spinners Limited has 3 charges registered with the Registrar of Companies: 3 satisfied charges worth Rs 1.69 Cr. The most recent charge was created on 10 Mar 2004 in favour of State Bank Of India for Rs 8.50 M and is closed.

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.85 Cr
  • The Tamilnadu Industrial Investment Corporation Limited : 0.82 Cr
  • The Investment Trust Of India Ltd : 0.02 Cr

₹1.69 crore

₹1.69 crore

3

State Bank Of India

Satisfaction

19 Aug 2025

₹0.02 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90000815 View DetailsThe Investment Trust Of India Ltd₹ 0.02 13 Jan 1998-19 Aug 2025 Satisfied 152320.0
90001581 View DetailsState Bank Of India₹ 0.85 10 Mar 200418 Mar 200403 Jun 2025 Satisfied 8500000.0
90000560 View DetailsThe Tamilnadu Industrial Investment Corporation Limited₹ 0.82 17 Nov 199527 Feb 200415 May 2025 Satisfied 8240000.0
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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.