GMR AIRPORTS LIMITED — Important, 02-07-2025: General Updates

GMR Airports' subsidiary, Delhi International Airport Limited (DIAL), secured a favorable TDSAT ruling overturning the previous aeronautical tariff asset base calculation by AERA for 2009-14. The asset base will be recalculated considering tariff terms from the State Support Agreement, potentially leading to a positive tariff true-up for DIAL. This could improve revenue prospects, though the order may still be appealed to the Supreme Court.