Page 209 - Kolte Patil AR 2019-20

Number of Preference Shares as at March 31,2020
Amount as on March 31, 2020
183,037
293
183,037
293
366,074
586
As at March 31, 2020
-
1,819
1,819
Notes forming part of the Consolidated Financial Statements
Name of Preference Share Holders
Manish Doshi Vandana Doshi
Total
18C: LOANS
i) Term Loan from Banks are secured by :
Number of Preference Shares as at March 31,2019
Amount as on March 31, 2019
183,037 293
183,037 293
366,074 586
- Mortgage of all rights, interest and title of the borrower, mortgage of current & future receivables in respect of selected projects and selected assets.
- Mortgage on all rights, interest & title of certain residential projects and corporate guarantee given by Kolte-Patil Developers Limited.
Rate of Interest : The rate of interest on such loans are ranging between 10 % to 14%
ii) Term Loan from Financial Institutions :
Security : Exclusive charge by way of RMOE on the projects land, hypothecation of scheduled receivable (both sold and unsold) of Projects, all insurance proceeds both present and future.
An exclusive charge by way of hypothecation on escrow account, all monies credited / deposited therein and all investments in respect thereof. Repayment Terms : monthly/quarterly instalments.
18D: VEHICLE LOAN:
Security : Vehicle loan are secured by the underlying assets for which loans are obtained Rate of Interest : The Rate of Loans are between 6.50 % to 10%.
18E: LOAN FROM OTHERS:
These unsecured loans are replayable on demand.
NOTE 19 - TRADE PAYABLES : NON-CURRENT
Particulars
Carried at amortised Cost
Total outstanding dues to micro enterprises and small enterprises (Refer note 49) Total outstanding dues other than to micro enterprises and small enterprises
Total
(H in Lakhs) As at
March 31, 2019
- 1,205 1,205
Annual Report 2019-20 | 207