Roadstar Infra Subsidiary Repays ₹528.83 Cr Debt

Roadstar Infra Investment Trust's subsidiary, Pune Sholapur Road Development Company Limited (PSRDCL), has fully repaid its external debt amounting to ₹528.83 crore. This repayment was facilitated by the arbitration settlement amount of ₹473.72 crore received from the National Highways Authority of India (NHAI) under the Vivad Se Vishwas-III scheme, supplemented by borrowings from the Trust. The settlement amount was net of TDS. PSRDCL has settled its dues with a consortium of thirteen banks and financial institutions, including major public sector banks and Aditya Birla Finance Limited. This action significantly deleverages the subsidiary.