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Varun Industries Limited loan details

Charges taken from banks & financial institutes

Data last updated:

Amount in (₹)

Varun Industries Limited has 55 charges registered with the Registrar of Companies: 27 open charges worth Rs 3,594.24 Cr and 28 satisfied charges worth Rs 1,521.74 Cr. The largest open charges are held by Asset Reconstruction Company (India) Limited, United Bank Of India and Indian Bank. The most recent charge was created on 15 Nov 2011 in favour of Asset Reconstruction Company (India) Limited for Rs 7.50 Cr and is open.

Charges Breakdown by Lending Institutions

  • Asset Reconstruction Company (India) Limited : 2096.21 Cr
  • United Bank Of India : 578.28 Cr
  • Indian Bank : 390.38 Cr
  • Bank Of Baroda : 228.00 Cr
  • Jm Financial Asset Reconstruction Company Private Limited : 97.50 Cr
  • Others : 203.87 Cr

₹3,594.24 crore

₹1,521.74 crore

19

Asset Reconstruction Company (India) Limited

Modification

28 Mar 2014

₹7.50 cr

Charge IdLenderAmountCreation DateLast Modification DateSatisfaction DateStatus
10173763 View DetailsThe Lakshmi Vilas Bank Limited₹ 50.00 28 Aug 2009-28 Jul 2011 Satisfied 500000000.0
10128710 View DetailsIndian Bank₹ 21.69 03 Nov 2008-23 Dec 2010 Satisfied 216850000.0
10104925 View DetailsUnited Bank Of India₹ 40.00 02 Jun 2008-29 Nov 2010 Satisfied 400000000.0
10104922 View DetailsUnited Bank Of India₹ 20.00 02 Jun 2008-29 Nov 2010 Satisfied 200000000.0
10158935 View DetailsCentral Bank Of India₹ 20.00 12 May 2009-21 Jun 2010 Satisfied 200000000.0
10180761 View DetailsCentral Bank Of India₹ 35.00 20 Mar 2009-21 Jun 2010 Satisfied 350000000.0
10154273 View DetailsState Bank Of India₹ 15.50 02 Mar 2009-30 Apr 2010 Satisfied 155000000.0
10103652 View DetailsState Bank Of India₹ 25.00 18 Mar 2008-30 Apr 2010 Satisfied 250000000.0
10161127 View DetailsSyndicate Bank₹ 3.50 17 Apr 2009-03 Apr 2010 Satisfied 35000000.0
10103939 View DetailsSyndicate Bank₹ 2.50 27 Feb 2008-03 Apr 2010 Satisfied 25000000.0
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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.