Anil Ambani claims to have repaid Rs 25,000 cr in past 14 months

PTI, Jun 11, 2019, 1:00 PM IST

Mumbai: Struggling Reliance group chairman Anil Ambani Tuesday said the grouphas repaid over Rs 35,000 crore of debt during the past 14 months and exuded confidence that it would meet all future debt obligations through the ongoing asset monetisation plan.

In a conference call with media, he said the Rs 35,000 crore debt repayment includes debt servicing by Reliance Capital, Reliance Power and Reliance Infra and their respective affiliates.

He claimed that this payment has been funded almost entirely from the proceeds from asset monetisation and that the group is fully committed to meet all its future debt servicing obligation in a timely manner as more asset sales are on.