The construction company informed the stock exchanges that its wholly-owned subsidiary JR Toll Road Pvt. Ltd (JRTR) entered into an addendum to the Settlement Agreement on June 23, 2025, with Yes Bank Ltd (YBL) for the entire outstanding debt obligation of approximately ₹273 crore, including the interest amount.
The said agreement has also led to the complete fulfillment and release of the company’s responsibilities as a guarantor for the loan previously extended to JRTR, the Anil Ambani-owned company informed the bourses.
Last week, Reliance Infrastructure’s subsidiary Reliance Aerostructure Limited (RAL) entered into a strategic partnership with Dassault Aviation for the manufacture of Falcon 2000 business jets in India.
As part of the agreement, Dassault Reliance Aerospace Ltd (DRAL), which is a joint venture between Dassault and RAL, will establish a state-of-the-art final assembly line for the Falcon 2000 in Nagpur, Maharashtra.
The said facility will also become a Centre of Excellence (CoE) for Dassault’s Falcon series, including future Falcon 6X and Falcon 8X assembly programmes. The first ‘Made in India’ Falcon 2000 jet is expected to take flight by 2028. The jets will cater to both domestic and global markets, targeting corporate as well as military users.
The announcement of the strategic partnership was made at the Paris Air Show.
The Falcon 2000 jets will be manufactured outside France, with India now joining a club of business jet manufacturing nations alongside the United States, France, Canada and Brazil.
Shares of the company gained 3.5% to hit an intraday high of ₹384.7 per piece on Monday. It was trading 1.72% higher at ₹378 apiece at 12.20 pm.
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