Promac Engineering Industries Limited - Charge

U24210KA1972PLC002255 | 53 years 6 months | Ramanagar, Karnataka | Active
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Promac Engineering Industries Limited

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Charges Overview

Company charges represent legal claims or security interests created by a company over its assets in favor of lenders or creditors. These charges are registered with the Registrar of Companies (ROC) and provide transparency about a company's financial obligations and secured borrowings.

Understanding charges helps stakeholders assess a company's financial health, debt obligations, and the security interests held against its assets. This information is crucial for investors, creditors, and business partners when evaluating financial risk and creditworthiness.

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18
Total Charges
10
Open Charges
8
Satisfied Charges
8
Charge Holders

All Charges

Charge ID Charge Holder Amount Created On Modified On Closed On Status
100848669 Hdfc Bank Limited ₹ 140,000,000.00 08 Dec 2023 - - Satisfied
10021882 State Bank Of India ₹ 35,000,000.00 06 Sep 2006 - 31 Aug 2012 Open
10040158 State Bank Of India ₹ 495,000,000.00 07 Sep 2006 02 Mar 2009 21 Feb 2022 Open
100085561 Others ₹ 1,320,000.00 28 Feb 2017 - 19 Jul 2021 Open
100516941 Hdfc Bank Limited ₹ 612,000,000.00 23 Nov 2021 22 Jul 2022 - Satisfied
10022016 State Bank Of India ₹ 495,000,000.00 07 Sep 2006 02 Mar 2009 - Satisfied
100671477 Hdfc Bank Limited ₹ 10,000,000.00 19 Nov 2022 - - Satisfied
10455719 Standard Chartered Bank ₹ 930,000,000.00 29 Aug 2013 29 Jan 2014 15 Feb 2020 Open
10099049 Canara Bank ₹ 719,000,000.00 20 Mar 2008 20 May 2024 - Satisfied
100060611 Others ₹ 2,226,624.00 25 Oct 2016 - 19 Jul 2021 Open
100953594 Hdfc Bank Limited ₹ 6,821,000.00 05 Jul 2024 - - Satisfied
100316362 Others ₹ 49,000,000.00 26 Nov 2019 - 15 Apr 2021 Open
100055403 Axis Bank Limited ₹ 1,170,000.00 11 Jul 2016 - - Satisfied
10525542 Srei Equipment Finance Limited ₹ 7,023,400.00 19 Sep 2014 - 25 Aug 2021 Open
10078334 State Bank Of Trrvancore ₹ 250,000,000.00 03 Dec 2007 - 02 Mar 2009 Open
10037875 State Bank Of India ₹ 370,000,000.00 06 Sep 2006 02 Mar 2009 - Satisfied
10092723 Axis Bank Limited ₹ 437,500,000.00 08 Mar 2008 03 Aug 2017 31 Dec 2022 Open
10059916 State Bank Of India ₹ 370,000,000.00 06 Sep 2006 02 Mar 2009 21 Feb 2022 Open
Showing 0 - 0 of 0 charges

Frequently Asked Questions

What is a company charge?
A company charge is a legal claim or security interest created by a company over its assets in favor of a lender or creditor. It is registered with the Registrar of Companies (ROC) and provides transparency about secured borrowings and financial obligations.
What does "Open" charge mean?
An "Open" charge indicates that the charge is currently active and the underlying obligation (loan or debt) has not been fully satisfied. The lender or creditor still holds a security interest over the company's assets.
What is a "Satisfied" charge?
A "Satisfied" charge means that the underlying obligation has been fully paid or discharged. The charge has been closed, and the security interest over the company's assets has been released. The company no longer has any outstanding obligation related to this charge.
Why are charges important?
Charges are important because they provide transparency about a company's financial obligations, secured borrowings, and debt structure. They help investors, creditors, and business partners assess financial risk, creditworthiness, and the company's ability to meet its obligations.
How often is charge data updated?
Charge data is updated regularly based on filings made with the Registrar of Companies. Companies are required to register charges within 30 days of creation, and any modifications or satisfactions must also be filed promptly. Our data is synchronized with official ROC records.