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      Company Updates

      RPS Group clears ₹236 crore debt ahead of schedule, becomes debt-free

      RPS Group
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      RPS Group on Wednesday announced that it has become completely debt-free, having successfully cleared its total outstanding debt of ₹236 crore. The full repayment was completed on August 21, 2026, well ahead of the scheduled deadline of September 30, 2026.

      The debt repayment includes the complete clearance of all institutional and bank borrowings, including those from L&T Finance and Phoenix. This significant achievement marks a turning point in the company’s financial journey, reinforcing its commitment to fiscal discipline and sustainable growth.

      Speaking on the occasion, Shanti Prakash Gupta, Chairman of RPS Group, said: “Clearing this debt ahead of schedule is a reflection of our unwavering commitment to financial prudence and stakeholder trust. This milestone strengthens our foundation and sets the stage for the next chapter of growth, guided by our core values of integrity and excellence.”

      Adding to this, Rakesh Chand Gupta, Managing Director of RPS Group, said: “This achievement is the result of disciplined execution, strong operational cash flows, and the collective effort of our entire team. Being debt-free gives us the agility to seize new opportunities and reinvest in our vision of creating landmark developments that redefine urban living.”

      With this milestone, RPS Group enters a new phase of expansion, free from the constraints of institutional debt, and is poised to accelerate its development pipeline and explore new opportunities across its business verticals.

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