Thakral Corporation Ltd announced on May, 28 2026 that it has completed the acquisition of an additional 81.6% interest in TIL Investments Private Limited for 93.9 million Singapore dollars, boosting its ownership in the 21-acre mixed-use development in Gurugram to 95.3%.

The consideration was settled with 50.0 million Singapore dollars in cash and the issue of 24,217,108 new shares at 1.8128 Singapore dollars each. Following the transaction, Thakral’s issued share capital has increased to 152.1 million shares.

Platinum Healthcare retains the remaining 4.7% stake in TIL, while Thakral Group Limited’s aggregate interest in Thakral has risen from 52.3% to 60.1%.

The project will be executed in phases, beginning with a hospital and wellness centre, with subsequent residential and commercial components to be developed under revenue-sharing partnerships.