Reliance Infrastructure pays off Rs.273 crore loan from YES Bank

Reliance Infrastructure has shared an important update about its loan repayments. The company has fully paid off a loan of about ₹273 crore (this includes both the loan amount and the interest) that was earlier taken by its fully owned subsidiary company, JR Toll Road (JRTR), from Yes Bank.

• JR Toll Road had taken a loan from Yes Bank.
• Reliance Infrastructure had also stood as a corporate guarantor for this loan. This means that if JRTR couldn’t pay back the loan, Reliance Infra had promised to pay it.
• On June 23, JR Toll Road and Reliance Infra signed an additional agreement (addendum) with Yes Bank. This was linked to an earlier settlement deal made on November 26, 2023.
• In this new agreement, the companies confirmed that the entire outstanding loan amount is now fully paid.

What It Means:

• Since the full payment is made, Reliance Infrastructure’s role as a guarantor is also over.
• There are no dues left with Yes Bank in connection with JR Toll Road.
• This also means Reliance Infra has cleared all responsibilities related to this loan.

Additional Clarification:

• Reliance Infrastructure clarified that Yes Bank does not own any shares in Reliance Infrastructure, and it is not connected in any way with the promoters or management of the company.

Why This Matters:

• This move is part of Reliance Infrastructure’s broader plan to reduce its overall debt and strengthen its financial health.
• Earlier in the financial year 2024-25, the company had already brought its standalone debt (taken directly by the company) to zero by repaying around ₹3,300 crore to banks and financial institutions by March 31, 2025.