Legal2 April 2026 at 05:21 pm
Pan Electronics India Ltd Repays Loan from Punjab National Bank
AI Summary
Pan Electronics India Ltd has repaid the loan amount obtained from Punjab National Bank. The original loan amount was Three Crore, which was modified to Rupees 71 Lakhs Five thousand Only on 18.07.2025. The loan was fully repaid on 02-04-2026. The loan was secured by a charge on entire Current Assets such as Stock, Book Debts and Raw Materials for Cash Credit, and Hypothecation of Machineries Purchased for Term Loan. The repayment of this loan is not expected to have a material impact on the company's financial or operational aspects.
Key Highlights
- Pan Electronics India Ltd repaid loan from Punjab National Bank
- Original loan amount was Three Crore, modified to Rupees 71 Lakhs Five thousand Only
- Loan was secured by a charge on Current Assets and Hypothecation of Machineries
- Loan was fully repaid on 02-04-2026
- Repayment of loan is not expected to have a material impact on the company's financial or operational aspects