Reliance Infrastructure Limited announced on Monday that it has fully settled a loan of about 273 crore, including interest, which is outstanding by Yes Bank by JR Toll Road Private Limited (JRTR), its fulfilled subsidiary.
In a regulatory filing, the company stated that JRTR has signed an appendix for the earlier settlement agreement with Yes Bank, with Reliance Infrastructure as a corporate guarantor and paid the entire outstanding amount.
“As a result of the above agreement, the company has also been fully disposed of as a guarantor for the said loan,” has also been stated in the filing.
Yes, the bank was trading at 19.78, which was 0.25 percent up on Monday morning at 9:47 am, according to BSE.
Meanwhile, Reliance Infra, owned by Anil Ambani, was trading up to 0.65 percent at the same time, 374.
The loan repayment is an important step in efforts to reduce Reliance Infra's debt burden. The company also clarified that Yes Bank does not have any equity in Reliance Infrastructure nor is there neither a concerned party nor a part of the promoter group.
Development follows the first revelations made by Reliance Infrastructure on 26 November, 2024 and April 1, 2025, about the debt resolution process.
