Home Corporate Law Reliance Infrastructure Clears ₹90.50 Crore Debt with Jammu and Kashmir Bank

Reliance Infrastructure Clears ₹90.50 Crore Debt with Jammu and Kashmir Bank

by Juris Review Team
Reliance infrastructure clears ₹90.50 crore debt with jammu and kashmir

Reliance Infrastructure Completes Debt Settlement with Jammu & Kashmir Bank

Published on March 4, 2025 at 11:32 PM IST

Reliance Infrastructure Limited has successfully completed a One-Time Settlement with Jammu and Kashmir Bank Limited, finalizing all obligations related to its debt of ₹90.50 crore. This agreement was formalized on March 4, 2025, encompassing both principal and interest amounts.

The company has confirmed that the settlement sum has been paid in full, thereby discharging all liabilities associated with this debt. This resolution marks a significant financial step for Reliance Infrastructure, as it aims to consolidate its financial standing.

Regulatory Compliance

This disclosure was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting Reliance Infrastructure’s commitment to transparency in its financial dealings.

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