Reliance Infrastructure announced on Monday that its wholly-owned subsidiary, JR Toll Road Private Ltd (JRTR), has fully settled a debt of Rs 2.73 billion—including interest—owed to Yes Bank Ltd (YBL).

The settlement, formalised through an addendum to a prior agreement, marks the complete discharge of JRTR’s outstanding obligations to the lender. As part of the same agreement, Reliance Infrastructure's corporate guarantee for the loan has also been entirely released.

In its regulatory filing, Reliance Infrastructure clarified that Yes Bank does not hold any shares in the company and is neither a related party nor affiliated with the promoter group.

“This concludes JRTR’s total debt liability to YBL and releases Reliance Infra from all associated guarantee responsibilities,” the company said.

The move is aligned with Reliance Infra’s broader efforts to deleverage its balance sheet and strengthen its financial position.