Reliance Infra Clears Rs 2.73 Bn Debt for JR Toll Road
ROADS & HIGHWAYS

Reliance Infra Clears Rs 2.73 Bn Debt for JR Toll Road

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.

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.

Next Story
Infrastructure Urban

PPP Planned To Rejuvenate Arkavathi River At Rs 25–30 Bn

The Bangalore Water Supply and Sewerage Board (BWSSB) has drawn up a public–private partnership scheme to revive the once-vital Arkavathi River, modelling the effort on Ahmedabad’s Sabarmati riverfront. A preliminary survey pegs the investment at Rs 25–30 billion and a detailed project report (DPR) is due by December 2025. Covering 53.7 km from Nandi Hills to Tippagondanahalli, the blueprint spans 1 449 sq km across Bengaluru Urban, Mandya, Chikkaballapur and Ramanagara districts, touching 734 villages, 77 settlements, ten lakes and 13 industrial belts. Key works include flood contr..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?