"The requisite payment of Rs550cr and interest thereon to Ericsson has been completed today in compliance of the judgment of the Hon'ble Supreme Court," the company said in the filing on Monday.
Last month, the Supreme Court had held Anil Ambani in contempt for not paying Ericsson's dues despite promising to do so. It had also threatened to send Ambani as well as Chhaya Virani and Satish Seth - chairmen of two RCom units, to jail if they fail to pay the dues in four weeks.
Reliance Communications Ltd is currently trading at Rs4.84 up by Rs0.44 or 10% from its previous closing of Rs4.40 on the BSE. The scrip opened at Rs4.78 and has touched a high and low of Rs4.84 and Rs4.60 respectively.