Precision Electronics Limited - Loans (Charges)

Precision Electronics Limited loan details

Data last updated: 14 July 2026

Precision Electronics Limited has 24 charges registered with the Registrar of Companies: 9 open charges worth Rs 47.65 Cr and 15 satisfied charges worth Rs 18.87 Cr. The largest open charges are held by The South Indian Bank Limited, Sidbi and Yes Bank Limited. Lenders on record include The South Indian Bank Limited, Yes Bank Limited, Sidbi, Punjab National Bank, Canara Bank, United Bank Of India. The most recent charge was created on 03 Nov 2025 in favour of The South Indian Bank Limited for Rs 4.00 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 Precision Electronics 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.