Mumbai: Anil Ambani, chairman, Anil Dhirubhai Ambani Group (ADAG), said in a media conference call on Tuesday that the group had serviced a debt liability of ₹35,000 crore to its various lenders in the last 14 months, including ₹24,800 crore as principal payment and ₹10,600 crore as interest repayment. Anil Ambani, Chairman of Anil Dhirubhai Ambani Group (ADAG), said in a media conference call on Tuesday that the group in the past 14 months has serviced a debt liability of ₹35,000 crore to its various lenders which includes ₹24,800 crore as principal repayment and ₹10,600 as interest. The servicing of the debt was made through asset monetisation of Reliance Capital, Reliance Infrastructure and Reliance Power, he said. The Reliance Group has demonstrated its bona fides in no uncertain manner as above." Reliance Group companies have sued HT Media Ltd, Mint’s publisher, and nine others in the Bombay high court over a 2 October 2014 front-page story that they have disputed.

Source: Mint June 11, 2019 06:22 UTC