What does it mean when Akar Auto Industries Limited has charges?

It means Akar Auto Industries Limited has borrowed money and pledged assets as security. Each charge is a loan or credit facility filed with MCA against the company (CIN L29220MH1989PLC052305), naming the lender and what's been pledged.

What's the difference between an open and a closed charge?

An open charge is still active - the lender can still enforce against the secured assets. A closed charge has been paid off and the lender has released its claim.

How should I read the open and closed totals?

They sum the registered amounts on each side, so you can see at a glance how much is still active versus how much has been settled. The list below shows each individual charge with its lender, amount and key dates if you want to verify.

Where can I cross-check this against financials or ownership?

Open the Financial tab to see how the borrowings show up in the filed accounts of Akar Auto Industries Limited, and the Ownership tab for shareholding and KMP context that often matters when reading the charge register.

Akar Auto Industries Limited - Charges

Q: Who are the top lenders?

They're the banks and institutions ranked by how much they've lent to Akar Auto Industries Limited - so you can see which lenders matter most to this company at a glance.

Every charge - open or closed - that lenders have registered against Akar Auto Industries Limited, with the most recent activity at the top.

1989-06-21 Mumbai, Maharashtra Active Listed Active Compliant

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AA Akar Auto Industries Limited

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Open charges

230.46 cr

Closed charges

133.77 cr

Total

364.23 cr

Open vs closed

Top charge holders (by amount)

Top lenders

#	Lender	Charges	Amount
1	Canara Bank	31	211.52 cr
2	State Bank Of India	2	88.09 cr
3	Others	9	31.61 cr
4	Hdfc Bank Limited	5	23.37 cr
5	Siemens Financial Services Private Limit…	8	4.98 cr
6	Sicom Ltd.	2	3.10 cr
7	The Ind. And Investment Corp. Of Maharas…	1	85.00 Lakh
8	Punjab National Bank	2	37.00 Lakh
9	The State Ind. And Investment Corp. Of M…	1	25.00 Lakh
10	Panjab National Bank	1	9.00 Lakh

All charges (62) - latest first

Charge ID	Charge holder	Created	Modified	Satisfied	Amount	Status
101157275	Others	06 Sep 2025	-	-	16.30 cr	Open
101080008	State Bank Of India	04 Apr 2025	08 Oct 2025	-	84.09 cr	Open
101008238	Others	02 Dec 2024	-	-	10.00 cr	Open
100968502	Hdfc Bank Limited	03 Sep 2024	-	-	2.00 cr	Open
100824751	State Bank Of India	28 Nov 2023	-	-	4.00 cr	Open
100837996	Hdfc Bank Limited	28 Sep 2023	-	-	22.56 Lakh	Open
100792201	Hdfc Bank Limited	20 Sep 2023	11 Oct 2025	-	20.00 cr	Open
100732406	Others	07 Jun 2023	-	-	41.15 Lakh	Open
100668120	Others	26 Dec 2022	-	-	1.19 cr	Open
100666572	Canara Bank	21 Dec 2022	-	-	11.30 cr	Open
100657283	Others	05 Dec 2022	-	-	37.64 Lakh	Open
100651607	Canara Bank	21 Nov 2022	-	10 Apr 2023	2.00 cr	Closed
100646619	Hdfc Bank Limited	14 Nov 2022	-	-	16.20 Lakh	Open
100514614	Canara Bank	09 Dec 2021	-	-	5.35 cr	Open
100392075	Canara Bank	11 Nov 2020	-	13 Jan 2025	9.50 cr	Closed
100336991	Canara Bank	27 Apr 2020	-	05 Dec 2022	4.13 cr	Closed
100328208	Others	17 Feb 2020	-	21 Sep 2023	1.30 cr	Closed
100315294	Canara Bank	21 Nov 2019	-	08 Jun 2021	1.50 cr	Closed
100230053	Others	10 Jan 2019	-	06 Dec 2023	12.89 Lakh	Closed
100149569	Canara Bank	29 Dec 2017	-	-	11.75 cr	Open
100110474	Canara Bank	12 May 2017	-	04 Dec 2017	2.00 cr	Closed
100092245	Hdfc Bank Limited	28 Feb 2017	-	27 Sep 2021	97.98 Lakh	Closed
100075935	Others	30 Dec 2016	-	18 Sep 2020	1.78 cr	Closed
100058026	Others	10 Aug 2016	-	15 Jul 2023	12.00 Lakh	Closed
100038781	Canara Bank	02 May 2016	-	26 Nov 2018	1.25 cr	Closed
10623639	Punjab National Bank	02 Feb 2016	-	28 Oct 2024	17.00 Lakh	Closed
10602362	Panjab National Bank	20 Oct 2015	-	24 Sep 2021	9.00 Lakh	Closed
10596868	Siemens Financial Services Private Limited	28 Sep 2015	-	18 Sep 2020	31.45 Lakh	Closed
10606575	Canara Bank	14 Sep 2015	-	10 Apr 2023	4.50 cr	Closed
10574340	Siemens Financial Services Private Limited	29 May 2015	-	18 Sep 2020	48.00 Lakh	Closed
10568421	Punjab National Bank	27 Apr 2015	-	05 Dec 2022	20.00 Lakh	Closed
10568291	Siemens Financial Services Private Limited	01 Apr 2015	-	18 Sep 2020	45.84 Lakh	Closed
10520600	Canara Bank	25 Aug 2014	-	26 Nov 2018	2.00 cr	Closed
10512492	Siemens Financial Services Private Limited	28 Mar 2014	-	31 Dec 2018	1.00 cr	Closed
10476993	Canara Bank	10 Jan 2014	-	17 May 2014	95.00 Lakh	Closed
10420824	Siemens Financial Services Private Limited	25 Mar 2013	-	31 Dec 2018	25.00 Lakh	Closed
10397940	Siemens Financial Services Private Limited	31 Dec 2012	-	31 Dec 2018	24.46 Lakh	Closed
10351815	Siemens Financial Services Private Limited	21 Mar 2012	-	31 Dec 2018	78.00 Lakh	Closed
10342465	Siemens Financial Services Private Limited	25 Jan 2012	-	08 Apr 2021	1.45 cr	Closed
10114084	Canara Bank	18 Jul 2008	-	26 Nov 2018	2.55 Lakh	Closed
10008492	Canara Bank	02 May 2006	-	26 Nov 2018	3.60 Lakh	Closed
90241087	Canara Bank	22 Jan 2004	15 May 2024	-	63.30 cr	Open
90244016	Canara Bank	01 Aug 2002	12 Mar 2009	26 Nov 2018	54.45 cr	Closed
90240894	Canara Bank	16 Jul 2002	-	26 Nov 2018	1.00 cr	Closed
90240748	Canara Bank	29 Jan 2001	-	26 Nov 2018	75.00 Lakh	Closed
90240727	Canara Bank	06 Oct 2000	-	26 Nov 2018	7.45 cr	Closed
90244295	Sicom Ltd.	01 Aug 2000	-	02 May 2017	1.60 cr	Closed
90244268	Sicom Ltd.	23 Jul 1998	-	02 May 2017	1.50 cr	Closed
90238094	Canara Bank	21 Jan 1997	-	18 Nov 2021	8.46 cr	Closed
90238109	Canara Bank	21 Jan 1997	06 Oct 1999	26 Nov 2018	8.46 cr	Closed
90240288	Canara Bank	21 Dec 1996	-	26 Nov 2018	25.00 Lakh	Closed
90238163	Canara Bank	13 Aug 1995	06 Oct 1999	26 Nov 2018	3.25 cr	Closed
90238099	Canara Bank	17 Jul 1995	-	26 Nov 2018	75.00 Lakh	Closed
90238162	Canara Bank	13 Jul 1995	12 Jan 1998	26 Nov 2018	3.25 cr	Closed
90244047	Canara Bank	05 May 1995	-	26 Nov 2018	1.78 cr	Closed
90240009	Canara Bank	23 Dec 1994	21 Jan 1997	26 Nov 2018	50.00 Lakh	Closed
90239886	The State Ind. And Investment Corp. Of Maharashtra Ltd.	07 Jan 1994	-	02 May 2017	25.00 Lakh	Closed
90238161	Canara Bank	05 Feb 1993	-	26 Nov 2018	17.83 Lakh	Closed
90239625	Canara Bank	06 May 1991	06 Oct 1999	26 Nov 2018	40.00 Lakh	Closed
90244193	Canara Bank	28 May 1990	-	26 Nov 2018	50.00 Lakh	Closed
90239489	Canara Bank	21 Mar 1990	-	26 Nov 2018	50.00 Lakh	Closed
90244189	The Ind. And Investment Corp. Of Maharashtra Ltd.	20 Feb 1990	-	02 May 2017	85.00 Lakh	Closed

Frequently Asked Questions - Charges & borrowings

What do "charges" mean for Akar Auto Industries Limited?

Charges are registrable security interests-typically loans or credit facilities-filed with MCA against Akar Auto Industries Limited (CIN: L29220MH1989PLC052305). They indicate assets or undertakings pledged to lenders or charge holders.

What is the difference between open and closed charges?

Open charges are active or not yet fully discharged; closed (or satisfied) charges are recorded as settled or released. Counts and amounts on this page follow the statuses shown in the charge list.

How should I read the open vs closed amounts?

Open and closed amounts summarise registrable amounts by status for quick comparison; individual rows may show charge-specific amounts, holders, and dates for verification.

Who are the "top lenders" or charge holders?

Top lenders group charge holders by bank or institution name and approximate exposure so you can see which lenders appear most prominently for Akar Auto Industries Limited.

Where can I cross-check financial or ownership context?

Pair this Charges view with the Financial and Ownership sections on this company's V1 profile for loans in financial statements and cap table context alongside MCA charge filings.

Akar Auto Industries Limited - Charges

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