Joint Deed of Hypothecation
Securing consortium loans by establishing a first charge on the borrower's movable assets.
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Hypothecation Deed Preview
Security agreement establishing a first charge on movable assets.
JOINT DEED OF HYPOTHECATION
CONSOLIDATED SECURITY INSTRUMENT
THIS AGREEMENT made at Shuwaikh Industry 13033, Al-shuwaikh - 70030, Kuwait this 20 day of February, 2026 between ABC Cements Corp, a Company incorporated and registered under the Companies Act, 2013 and having its Registered Office at 6-20, Kiba 6-chome, Koto-ku, Tokyo-100-00001,Japan (hereinafter referred to as "the Borrower") in favour of the following Lenders:
- Overseas Bank (IOB), Central Office: 2704 Senger Estate, North Way, Sentosa - 14448, Singapore
- Indian Bank (IB), Head Office: 445 Prince Pass, Richmond, Connecticut - 77029, United States
- Dolphin Bank (CB), Head Office: 8553 Hirthe Radial, Primrose, Rodoshire - 70003, Maldives
- Syndicate Bank (SB), Head Office: 5862 Adrain Road, New Morris, Auckland - 16139, New Zealand
- Delphi Bank (SBI), Local Head Office: 509 N Central Avenue, Red channel, North Creek - 11318, Greece
I. LOAN AGGREGATION
The Borrower has applied to the Lenders for loans aggregating to Rs 50 lacs. The limits respective to each Lender are as follows:
| Lender Bank | Limit (Rs. in lacs) |
|---|---|
| OB | 101 |
| IB | 100 |
| BC | 100 |
| SB | 100 |
| SI | 100 |
| TOTAL AGGREGATE | 501.0000 |
II. HYPOTHECATION & CHARGE
The Borrower hereby hypothecates to and in favour of the Lenders as and by way of first charge as security, all tangible movable property and assets including all movable machinery and plant, spares, and stores located at 22235 Luigi Inlet, New Greenfield, South Manchester - 96505, London in the State of Texas.
III. SCHEDULE OF ASSETS
For ABC Cements Corp
______________________
Authorized Signatory / Director
Charge Registration
Charge should be registered with the Registrar of Companies (ROC) by filing Form CHG-1 within 30 days of execution of this deed.