Reliance group chairman Anil Ambani claims to have repaid Rs 25,000 crore in past 14 months

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.

These comprise principal repayment of Rs 25,000 crore and interest payment of nearly Rs 11,000 crore he said without offering details./ Reliance Communication chairman Anil Ambani. (File Photo/ Getty)

Mumbai: Struggling Reliance group chairman Anil Ambani on Tuesday said the group has 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.

Approx Rs 25,000 crore paid towards principal leading to overall debt reduction, and c. Rs 10,000 crore towards interest payments, says Anil Ambani

— Reliance Group (@reliancegroup) June 11, 2019

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. "The Reliance group has made aggregate debt servicing payments of over Rs 35,000 crore in the 14 months period from April 2018 till May 2019," Ambani said.

Reliance Group meets debt servicing obligations of a staggering Rs. 35,000 crore in 14 months from April 2018 to May 2019, says Chairman Anil Ambani. Read the full press release here: https://t.co/44fbeIQWZL pic.twitter.com/8oT4OLxDbP

— Reliance Group (@reliancegroup) June 11, 2019

These comprise principal repayment of Rs 25,000 crore and interest payment of nearly Rs 11,000 crore he said without offering details. 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. WATCH: AES outbreak: 9 kids die in Bihar's Muzaffarpur