Page 151 - Kolte Patil AR 2019-20

As at March 31, 2020
As at March 31, 2019
As at March 31, 2020
18,292
23,031
15,752
2,355
370
1,343
127
12
89
45
28
49
20,819
23,441
17,233
-
-
(17,233)
20,819
23,441
-
As at March 31, 2020
67
67
Notes forming part of the standalone financial statements
NOTE 20 - BORROWINGS : NON-CURRENT
Particulars
Carried at amortised cost Secured
- Loans
from banks
from financial institution
- Vehicle Loans
from banks
from financial institution
Amount disclosed under other current financial liabilities (Refer Note 23)
Total
Notes:
(i) Term Loan from Banks are secured by :
(H in Lakhs)
Non-Current
Current
As at March 31, 2019
21,120
1,087
70
41
22,318
(22,318)
-
Mortgage of all rights, interest and title of the borrower, mortgage of current & future receivables in respect of selected projects. Loan will be repayable in 10-30 equal monthly/quarterly instalments starting from the end of principal moratorium.
Rate of Interest : The Rate of Loans are between 10 % to 14%. (ii) Term Loan from financial institutions :
Secured by:
1) An exclusive charge by way of registered mortgage on all the rights, interest and title of borrower, in the respective project. 2) An exclusive charge on respective project land, all buildings, Structures and residential property.
3) Lien on unsold units of the project.
4) An exclusive charge by way of hypothecation of scheduled current & future receivables of the respective projects. Repayment Terms : Loan will be repayable in 10-48 equal monthly instalments starting from the end of principal moratorium. Rate of Interest: 10 to 14%
(iii) Vehicle Loans :
Security : Vehicle Loans are secured by the underlying assets for which loans are obtained. Rate of Interest : The Rate of Loans are between 6.50 % to 10%.
NOTE 21 - OTHER FINANCIAL LIABILITIES : NON-CURRENT
Particulars
Carried at amortised Cost
(a) Financial guarantee contracts
Total
(H in Lakhs) As at
March 31, 2019
100
100
Annual Report 2019-20 | 149