Home

Template

Supplemental Hypothecation

Supplemental Hypothecation Agreement

Required when there is an enhancement in Working Capital Limits covered by existing deeds.

What is it?

Required when there is an enhancement in the Working Capital Limit and an existing Hypothecation Deed covers earlier limits.

Best For:

  • Limit Enhancement
  • Existing Security Extension

Wizard Generator

1Borrower & Limits
2Bank Allocation
Borrower Details

Supplemental Agreement Preview

Legal instrument for enhancement in Working Capital Limits.

SUPPLEMENTAL HYPOTHECATION AGREEMENT

FOR ENHANCEMENT OF CONSORTIUM LIMITS

THIS SUPPLEMENTAL AGREEMENT is made this 20 day of February, 2026 by ABC Cements Corp, a company incorporated under the Companies Act, 2013 (hereinafter referred to as the "BORROWER") in favour of Overseas Bank (Lead Bank) acting for the consortium.

WHEREAS by a Joint Deed of Hypothecation dated 20-Feb-2026 (hereinafter referred to as the "Principal Deed"), the Borrower had hypothecated its moveable assets to secure an aggregate limit of Rs 50 lacs.

AND WHEREAS the Lenders have now agreed to increase the aggregate limit to Rs 93 lacs.

REVISED BANK ALLOCATION
Participating BankExisting LimitRevised Limit
Overseas BankRs 25Rs 30
Delphi BankRs 12.5Rs 15
Dolphin BankRs 12.5Rs 15
TOTAL AGGREGATERs 50Rs 60

NOW THIS AGREEMENT WITNESSETH that all terms, conditions, and covenants of the Principal Deed shall continue to remain in full force and effect and shall apply to the revised aggregate limits.

SIGNED AND DELIVERED by the Borrower:

For ABC Cements Corp

______________________

Authorized Signatory

Corporate Seal
Document Tip

Supplemental agreements should be cross-referenced with the Principal Deed's registration number at the ROC to ensure continuity of charge.