What does it mean when Shalimar Paints Ltd has charges?

It means Shalimar Paints Ltd has borrowed money and pledged assets as security. Each charge is a loan or credit facility filed with MCA against the company (CIN L24222HR1902PLC065611), 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 Shalimar Paints Ltd, and the Ownership tab for shareholding and KMP context that often matters when reading the charge register.

Shalimar Paints Ltd - Charges

Q: Who are the top lenders?

They're the banks and institutions ranked by how much they've lent to Shalimar Paints 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 Shalimar Paints Ltd, with the most recent activity at the top.

1902-12-16 Gurugram, Haryana Active Listed Active Compliant

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SP Shalimar Paints Ltd

Open charges

274.26 cr

Closed charges

393.75 cr

Total

668.01 cr

Open vs closed

Top charge holders (by amount)

Top lenders

#	Lender	Charges	Amount
1	State Bank Of India	5	354.32 cr
2	Others	13	151.26 cr
3	Punjab National Bank	2	42.44 cr
4	Indusind Bank Ltd.	1	25.00 cr
5	Small Industries Development Bank Of Ind…	1	25.00 cr
6	Religare Finvest Limited	1	19.25 cr
7	Corporation Bank	1	17.00 cr
8	State Bank Of Patiala	2	9.46 cr
9	Industrial Development Bank Of India Lim…	1	8.95 cr
10	Icici Bank Ltd.	1	5.70 cr

All charges (30) - latest first

Charge ID	Charge holder	Created	Modified	Satisfied	Amount	Status
100854192	Others	12 Jan 2024	-	-	35.00 cr	Open
100685636	Others	28 Feb 2023	-	20 May 2025	20.00 cr	Closed
100624257	Others	12 Oct 2022	-	-	27.00 cr	Open
100568424	Others	19 Apr 2022	-	09 Aug 2024	20.01 cr	Closed
100508748	Others	15 Nov 2021	28 Feb 2023	20 May 2025	35.00 cr	Closed
100508163	State Bank Of India	16 Oct 2021	-	06 Nov 2025	9.52 cr	Closed
100508235	Others	01 Sep 2021	-	-	2.99 cr	Open
100434136	Others	25 Mar 2021	-	-	2.27 cr	Open
100425057	Others	19 Feb 2021	-	29 Apr 2025	1.49 cr	Closed
100409116	Others	29 Dec 2020	-	18 Apr 2022	97.00 Lakh	Closed
100392335	State Bank Of India	02 Dec 2020	-	15 Sep 2022	6.00 cr	Closed
100368967	Others	26 Aug 2020	-	17 Oct 2022	1.20 cr	Closed
100286883	Others	16 Jul 2019	-	16 Apr 2022	5.00 cr	Closed
100259516	Others	22 Jan 2019	-	26 Nov 2025	20.19 Lakh	Closed
100259519	Others	22 Jan 2019	-	26 Nov 2025	12.50 Lakh	Closed
10625425	Indiabulls Housing Finance Limited	29 Feb 2016	-	08 Jul 2019	5.00 cr	Closed
10624542	Religare Finvest Limited	28 Jan 2016	-	11 Jul 2024	19.25 cr	Closed
10478340	Indusind Bank Ltd.	13 Jan 2014	-	15 Jan 2020	25.00 cr	Closed
10460181	State Bank Of India	22 Oct 2013	31 Oct 2013	07 Nov 2022	30.00 cr	Closed
10234453	State Bank Of Patiala	22 Jul 2010	-	10 Jan 2014	16.33 Lakh	Closed
10047975	Punjab National Bank	28 Mar 2007	30 Jan 2012	20 Jul 2017	30.00 cr	Closed
10047243	State Bank Of Patiala	26 Feb 2007	20 Sep 2008	16 Jan 2013	9.30 cr	Closed
10034926	Corporation Bank	12 Jan 2007	18 Mar 2013	07 Oct 2017	17.00 cr	Closed
80013234	Industrial Development Bank Of India Limited	27 Jan 2006	04 Nov 2006	06 Nov 2007	8.95 cr	Closed
90255351	City Bank N.A.	01 Dec 2004	-	14 Nov 2006	4.64 cr	Closed
90256198	State Bank Of India	26 Sep 2003	28 Jul 2014	-	207.00 cr	Open
90255908	Punjab National Bank	25 Nov 1998	04 Sep 2004	29 Dec 2012	12.44 cr	Closed
90255848	State Bank Of India	16 Jul 1997	05 Oct 2012	07 Nov 2022	101.80 cr	Closed
90255840	Small Industries Development Bank Of India	19 Apr 1997	01 Jul 2014	04 Aug 2016	25.00 cr	Closed
90255729	Icici Bank Ltd.	28 Mar 1994	07 Jan 2003	19 Jul 2006	5.70 cr	Closed

Frequently Asked Questions - Charges & borrowings

What do "charges" mean for Shalimar Paints Ltd?

Charges are registrable security interests-typically loans or credit facilities-filed with MCA against Shalimar Paints Ltd (CIN: L24222HR1902PLC065611). 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 Shalimar Paints 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.

Shalimar Paints Ltd - Charges

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