State Bank of India (SBI) has initiated insolvency proceedings against SU Toll Road Private Limited (SU Toll Road), a wholly-owned subsidiary of Anil Ambani-led Reliance Infrastructure Ltd. (R Infra), by filing a petition with the Mumbai bench of the National Company Law Tribunal (NCLT). The regulatory disclosure, made by Reliance Infrastructure on December 12, 2025, reveals that SBI is seeking a claim amount of ₹358.70 crore, which includes interest.
SU Toll Road, incorporated in March 2007, is a special purpose vehicle (SPV) established by Reliance Infrastructure to undertake the financing, design, building, and operation of a 136-kilometer, four-lane toll road project. This project connects Salem (0.313 km) and…