BSECompany Update1d ago · 23 Sept 2026, 10:56 pm
Receipt of Award by GMR Hospitality Limited, Indian Subsidiary of the Company
GMR Airports Ltd · 532754
✦ AI Summary▲ PositiveOrder Win
GMR Airports Ltd's Indian subsidiary, GMR Hospitality Limited, has emerged as the selected bidder for designing, financing, developing, operating, managing, and maintaining food and beverage outlets at the Terminal 3 of the Indira Gandhi International Airport in New Delhi. The license agreement has been entered into with Delhi International Airport Limited, another Indian subsidiary of the company. The estimated aggregate amount of license fees for FY 2026-27 and FY 2027-28 is approximately Rs. 49 crs and Rs. 109 crs, respectively.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk5/10
Liquidity Impact9/10
Market Sentiment8/10
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GMR Airports Ltd - 532754 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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GMR AIRPORTS LIMITED
(Formerly GMR Airports Infrastructure Limited)
September 23, 2026
BSE Limited, National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block,
Dalal Street, Bandra-Kurla Complex, Bandra (E)
Mumbai 400001. Mumbai - 400051.
Equity Scrip: 532754 Symbol: GMRAIRPORT
Debt Scrip: 976449, 976601, 977026,
977027, 978133
Sub: Disclosure under Regulation 30 & 51 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Receipt
of Award by GMR Hospitality Limited, Indian subsidiary of the Company
Dear Sir/Madam,
This is to bring to notice that GMR Hospitality Limited (“GHL”), an Indian subsidiary of the
Company has emerged as the Selected Bidder for designing, financing, developing, setting
up, operating, managing and maintain the Food & Beverages Outlets at the Terminal 3 of the
Indira Gandhi International Airport, New Delhi for an initial period of upto May 2036, which
may further be extended by 10 additional years, by Delhi International Airport Limited
(“DIAL”), Indian Subsidiary of the Company and accordingly has entered into License
Agreement.
The license fee is based on the revenue share payment model to DIAL which would be
ascertained based on the revenue from Food & Beverages Outlets on year on year basis with
a Minimum Monthly Guarantee payable by GHL to DIAL & Advertisement fees. The estimated
aggregate amount of license fees for the FY 2026-27 and FY 2027-28 shall be ~ Rs. 49 crs
and ~Rs. 109 crs. respectively.
The promoter/promoter group/group companies of the Company do not hold any interest,
other than their existing Direct/Indirect shareholding in DIAL & GHL.
The above transaction is a related party transaction on arms’ length basis and necessary
approvals were duly obtained in accordance with SEBI Listing Regulations and Companies
Act, 2013.
This is for your information and records.
Thanking you.
Yours faithfully,
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