Psl Limited - Loans (Charges)

Psl Limited has 124 charges registered with the Registrar of Companies: 44 open charges worth Rs 5,991.78 Cr and 80 satisfied charges worth Rs 19,358.10 Cr. The largest open charges are held by Edelweiss Asset Reconstruction Company Limited, Idbi Bank Limited and Standard Chartered Bank. The most recent charge was created on 29 Jul 2015 for Rs 4,717.73 Cr and is closed.

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.