A lawsuit has been filed before the High Court of Delhi at New Delhi by our subsidiary Celebi Airport Services India Pvt. Ltd. (|||CASI|||), in which our Company holds 99.9% of the capital, and our subsidiary Celebi Delhi Cargo Terminal Management India Private Limited (|||Celebi Delhi Cargo|||), in which our Company holds 74% of the capital, 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 they were contrary to national security interests and subsequently led to the immediate unilateral termination of the Concession Agreements related to our subsidiaries` operations in Delhi by the airport authorities.
The lawsuit has been filed against the following parties:
(i) Union of India
(ii) Directorate General of Civil Aviation (India)
(iii) Bureau of Civil Aviation Security under the Ministry of Civil Aviation (India)
(iv) Airports Authority of India
(v) Regional Office of Civil Aviation under the Ministry of Civil Aviation (Delhi)
The third hearing was heard by the High Court of Delhi at New Delhi on today, 22.05.2025 and has been adjourned to the next hearing date of 23.05.2025.
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.
