As known from our company`s latest announcement dated 21.05.2025, our subsidiaries Celebi Airport Services India Pvt. Ltd. (|||CASI|||) and Celebi Delhi Cargo Terminal Management India Private Limited (|||Celebi Delhi Cargo|||) have filed a lawsuit regarding our Delhi operations, with the High Court in New Delhi, seeking the suspension and annulment of the Administrative Decision which led to the cancellation of security permits by the Bureau of Civil Aviation Security under the Ministry of Civil Aviation of India, on the grounds that it was contrary to national security interests and the related litigation is still ongoing.
Now, regarding our Mumbai operations; our subsidiary Celebi Nas Airport Services India Private Limited (|||Celebi Nas|||) in which our Company holds 59% of the capital filed three different lawsuits before the High Court of Judicature at Bombay, Mumbai on 21.05.2025 such as;
(i) A lawsuit; seeking the suspension and annulment of the administrative decision of security clerance cancellation granted by the Bureau of Civil Aviation Security under the Ministry of Civil Aviation of India, on the grounds that it was contrary to national security interests and subsequently led to the immediate unilateral termination of the Concession Agreement related to our subsidiary` operations in Mumbai by the airport authority, against the following parties:
•Union of India
•Directorate General of Civil Aviation (India)
•Bureau of Civil Aviation Security under the Ministry of Civil Aviation (India)
• Airports Authority of India
• Regional Office of Civil Aviation under the Ministry of Civil Aviation (Mumbai)
(ii) Two arbitration applications against Mumbai International Airport Limited (|||MIAL|||), seeking the annulment of its unilateral immediate terminations of the Bridge Mounted Equipment Service Agreement and the Concession Agreement Ground Handling Services and urgent interim measures to restrain MIAL to conclude the tenders dated on 17.05.2025 for selection of new ground handling agency for these services.
Should there be any further material developments that may affect the shares of our partnership, our shareholders will be informed accordingly.
This Material Disclosure Announcement is prepared in Turkish and in English. In case of any discrepancy between the two versions, Turkish disclosure will prevail.