Subsidiary PSRDCL fully repays external debt of Rs 528.83 Cr

Roadstar Infra Investment Trust's subsidiary PSRDCL has fully repaid external borrowings of Rs 528.83 Cr. This follows receipt of an arbitration settlement of Rs 473.72 Cr (net of TDS) from NHAI under the Vivad Se Vishwas-III one-time settlement scheme. PSRDCL used the settlement proceeds along with borrowings from the Trust to clear dues with 12 lenders including Bank of India, Bank of Baroda, Bank of Maharashtra, Canara Bank, Indian Bank, Indian Overseas Bank, Punjab National Bank, Union Bank of India, IndusInd Bank, and Aditya Birla Finance.