Reliance Infra Clears ₹2.73 Bn Debt via JR Toll Road—YES Bank Loan Fully Settled

Reliance Infrastructure Ltd. has announced that its wholly owned subsidiary, JR Toll Road Pvt. Ltd. (JRTR), has fully repaid ₹2.73 billion (₹271.18 crore) in outstanding debt to YES Bank, marking a significant milestone in the company’s deleveraging strategy. The settlement, formalized on November 26, 2024, includes both principal and accrued interest, and effectively releases Reliance Infra from its corporate guarantee obligations tied to the loan.

 

This move not only strengthens the balance sheet of JRTR but also reflects Reliance Infra’s proactive approach to financial discipline, especially as it pivots toward high-growth infrastructure and defence manufacturing projects. The company recently announced plans to build India’s largest integrated defence manufacturing facility in Ratnagiri, Maharashtra.

 

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Sources: CNBC TV18 – JR Toll Road Debt Settlement | India.com – Reliance Infra Debt-Free Update