Tecpro Systems Limited - Loans (Charges)

Tecpro Systems Limited has 137 charges registered with the Registrar of Companies: 77 open charges worth Rs 12,704.39 Cr and 60 satisfied charges worth Rs 655.24 Cr. The largest open charges are held by Edelweiss Asset Reconstruction Company Limited, Icici Bank Limited and Standard Chartered Bank. The most recent charge was created on 25 Feb 2014 for Rs 150.00 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; 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.