What does it mean when Modern Steel Ltd. has charges?

It means Modern Steel Ltd. has borrowed money and pledged assets as security. Each charge is a loan or credit facility filed with MCA against the company (CIN L27109PB1973PLC003358), 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 Modern Steel Ltd., and the Ownership tab for shareholding and KMP context that often matters when reading the charge register.

Modern Steel Ltd. - Charges

Q: Who are the top lenders?

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

Every charge - open or closed - that lenders have registered against Modern Steel Ltd., with the most recent activity at the top.

1973-11-19 Punjab, Punjab Active Listed Active Compliant

View plans Plan

MS Modern Steel Ltd.

View plans Plan

Open charges

0.00

Closed charges

529.44 cr

Total

529.44 cr

Open vs closed

Top charge holders (by amount)

Top lenders

#	Lender	Charges	Amount
1	Others	16	420.45 cr
2	Punjab National Bank	8	74.39 cr
3	Punjab & Sind Bank	2	21.60 cr
4	Industrial Development Bank Of India	2	7.50 cr
5	The Industrial Credit & Investment Corp.…	1	2.50 cr
6	The Icici Ltd	1	1.50 cr
7	The Industrial Credit And Investment Cor…	1	1.50 cr

All charges (31) - latest first

Charge ID	Charge holder	Created	Modified	Satisfied	Amount	Status
10447444	Others	25 Jul 2013	30 Aug 2018	26 Feb 2021	74.60 cr	Closed
10422229	Punjab National Bank	30 Mar 2013	-	29 Dec 2021	2.52 cr	Closed
10422381	Punjab National Bank	30 Mar 2013	-	29 Dec 2021	10.00 cr	Closed
10422444	Punjab National Bank	30 Mar 2013	-	29 Dec 2021	10.00 cr	Closed
10422520	Punjab National Bank	30 Mar 2013	-	29 Dec 2021	10.00 cr	Closed
10422569	Others	30 Mar 2013	30 Aug 2018	26 Feb 2021	1.26 cr	Closed
10422572	Others	30 Mar 2013	30 Aug 2018	26 Feb 2021	8.00 cr	Closed
10422927	Others	30 Mar 2013	28 Sep 2018	26 Feb 2021	19.11 cr	Closed
10423782	Others	30 Mar 2013	30 Aug 2018	26 Feb 2021	4.59 cr	Closed
10281336	Punjab National Bank	01 Mar 2011	-	13 Jun 2011	5.00 cr	Closed
10256496	Others	18 Nov 2010	30 Aug 2018	26 Feb 2021	10.00 cr	Closed
10234495	Others	01 Jul 2010	30 Aug 2018	26 Feb 2021	24.90 cr	Closed
10231533	Others	30 Jun 2010	28 Sep 2018	26 Feb 2021	15.81 cr	Closed
10219274	Others	30 Apr 2010	30 Aug 2018	26 Feb 2021	61.35 cr	Closed
10132687	Others	15 Nov 2008	28 Sep 2018	26 Feb 2021	2.70 cr	Closed
10117719	Others	24 Jul 2008	28 Sep 2018	26 Feb 2021	4.00 cr	Closed
10096751	Punjab National Bank	11 Mar 2008	-	29 Dec 2021	4.00 cr	Closed
10078991	Others	16 Nov 2007	30 Aug 2018	26 Feb 2021	2.00 cr	Closed
10075091	Punjab National Bank	12 Sep 2007	30 Mar 2013	29 Dec 2021	22.87 cr	Closed
10013811	Others	26 Jul 2006	28 Sep 2018	26 Feb 2021	5.00 cr	Closed
80009431	Punjab National Bank	23 Sep 2005	05 Aug 2006	29 Dec 2021	10.00 cr	Closed
80049923	Others	23 Mar 2005	30 Aug 2018	26 Feb 2021	58.63 cr	Closed
90180508	Punjab & Sind Bank	30 Mar 2002	26 Apr 2002	25 Nov 2005	2.50 cr	Closed
90178082	The Icici Ltd	14 Mar 2000	20 Sep 2000	24 Mar 2005	1.50 cr	Closed
90178049	The Industrial Credit And Investment Corporation Of Ind. Ltd	10 Dec 1999	-	24 Mar 2005	1.50 cr	Closed
90177887	Industrial Development Bank Of India	25 Mar 1998	03 Jun 1998	24 Mar 2005	5.00 cr	Closed
80049924	Others	24 Sep 1992	30 Aug 2018	26 Feb 2021	124.50 cr	Closed
90177361	Others	24 Sep 1992	30 Aug 2018	26 Feb 2021	4.00 cr	Closed
90179342	Punjab & Sind Bank	24 Sep 1992	15 Apr 1998	02 Dec 2005	19.10 cr	Closed
90177251	Industrial Development Bank Of India	22 Mar 1991	-	14 Jun 2004	2.50 cr	Closed
90179233	The Industrial Credit & Investment Corp. Of Ind. Ltd	22 Mar 1991	-	24 Mar 2005	2.50 cr	Closed

Frequently Asked Questions - Charges & borrowings

What do "charges" mean for Modern Steel Ltd.?

Charges are registrable security interests-typically loans or credit facilities-filed with MCA against Modern Steel Ltd. (CIN: L27109PB1973PLC003358). 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 Modern Steel Ltd..

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.

Modern Steel Ltd. - Charges

Recent searches

Results

No internet connection