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Exchange Disseminated Time 08/10/2015 11:04:23 | 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.
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. |
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