NSEUpdates1d ago · 20 Sept 2026, 09:08 pm
Updates
GMR AIRPORTS LIMITED · GMRAIRPORT
✦ AI Summary▲ PositiveOrder Win
GMR Airports Limited's subsidiary, Delhi International Airport Limited, has won an appeal against the Airports Economic Regulatory Authority of India's tariff order for Indira Gandhi International Airport, with the Telecom Disputes Settlement and Appellate Tribunal allowing all issues in favour of DIAL.
Analysis Scores
Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
GMR AIRPORTS LIMITED has informed the Exchange regarding 'Update on Tariff Matters'.
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GMRINFRA_20092026204537_20092026-DIALTDSATORDER.pdf
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GMR AIRPORTS LIMITED
(Formerly GMR Airports Infrastructure Limited)
September 20, 2026
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Plot no. C/1, G Block,
Mumbai 400001. Bandra-Kurla Complex
Equity Scrip: 532754 Bandra (E)
Debt Scrip: 976449, 976601, Mumbai - 400051
977026, 977027, 978133 Symbol: GMRAIRPORT
Sub: SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 – Update on Tariff Matters
Dear Sir/Madam,
This is to inform that Delhi International Airport Limited (“DIAL”), Subsidiary of the
Company, had appealed against the Tariff Order issued by the Airports Economic
Regulatory Authority of India (“AERA”) determining the aeronautical tariff for Indira
Gandhi International Airport for the Fourth Control Period commencing on 01.04.2024
and ending on 31.03.2029, before the Telecom Disputes Settlement and Appellate
Tribunal (“TDSAT”).
TDSAT has issued judgment on the stated appeal allowing all issues in favour of DIAL
including appeal pertaining to non-implementation of previous TDSAT order.
The aforesaid decision will be implemented by AERA within three months from the
date of the Judgment, unless the Judgment is appealed by AERA.
The detailed order can be accessed at https://tdsat.gov.in/Delhi/services/judgment.php
This is for your information and records.
Thanking you,
for GMR Airports Limited
T. Venkat Ramana
Company Secretary &
Compliance Officer
Corporate Office: New Udaan Bhawan, Opp. Terminal 3, Indira Gandhi International Airport, New Delhi - 110 037
Registered Office: Unit No. 12, 18th Floor, Tower A, Building No. 5, DLF Cyber City, DLF Phase– III, Gurugram– 122002, Haryana, India
CIN L52231HR1996PLC113564 T +91 124 6637750 E gal.cosecy@gmrgroup.in W www.gmraero.com