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Stovec Industries Limited loan details

Charges taken from banks & financial institutes

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Stovec Industries Limited has 40 charges registered with the Registrar of Companies: 9 open charges worth Rs 3.16 Cr and 31 satisfied charges worth Rs 79.48 Cr. The largest open charges are held by Giic Ltd, Icici Ltd and Bank Of Mahrashtra. The most recent charge was created on 11 Aug 1998 in favour of The Karur Vysya Bank Limited for Rs 12.60 Cr and is closed.

Charges Breakdown by Lending Institutions

  • Giic Ltd : 1.00 Cr
  • Icici Ltd : 0.93 Cr
  • Bank Of Mahrashtra : 0.50 Cr
  • The Icici Ltd : 0.27 Cr
  • Icici : 0.27 Cr
  • Others : 0.19 Cr

₹3.16 crore

₹79.48 crore

15

State Bank Of India

Satisfaction

05 Jan 2009

₹12.60 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
90229373 View DetailsThe Karur Vysya Bank Limited₹ 12.60 11 Aug 199822 Jun 200605 Jan 2009 Satisfied 126000000.0
90227961 View DetailsGiic Ltd₹ 0.75 02 Mar 198708 May 199028 Jun 2001 Satisfied 7500000.0
90227584 View DetailsGiic Ltd₹ 0.25 07 Jul 1981-28 Jun 2001 Satisfied 2500000.0
90228721 View DetailsIdbi₹ 1.35 18 Jan 1994-03 Nov 1999 Satisfied 13500000.0
90229046 View DetailsCiti Bank₹ 0.02 14 Feb 1996-23 Feb 1999 Satisfied 179576.0
90228591 View DetailsThe Icici Ltd₹ 6.00 23 Oct 199216 Jan 199727 Nov 1998 Satisfied 60000000.0
90228495 View DetailsState Bank Of India₹ 4.10 23 Jan 199223 Jan 199224 Nov 1998 Satisfied 41000000.0
90228307 View DetailsState Bank Of India₹ 6.34 08 Aug 199021 Aug 199024 Nov 1998 Satisfied 63400000.0
90228279 View DetailsState Bank Of India₹ 0.27 20 Mar 1990-24 Nov 1998 Satisfied 2700000.0
90228270 View DetailsState Bank Of India₹ 2.20 22 Feb 199020 Mar 199024 Nov 1998 Satisfied 22000000.0
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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

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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.