GMR INFRASTRUCTURE LTD. - GMR Hyderabad International Airport Ltd (GHIAL) allowed to collect Airport Charges

GMR Infrastructure Ltd has informed BSE that pursuant to the policy direction by Ministry of Civil Aviation (MoCA) to adopt Hybrid Till with 30% cross subsidization for Hyderabad Airport and pending compliance, GHIAL had filed a writ petition with High Court at Hyderabad seeking approval to collect tariff/airport charges as was being collected prior to April 01, 2014.<BR><BR>On October 06, 2015, the High Court at Hyderabad has given/issued a ruling in favour of GHIAL which will now enable Hyderabad airport to collect tariff as was earlier collected.