---
title: "Thakral lifts stake in Gurugram healthcare-led project to 95.3% in S$93.9m deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287944349.md"
description: "Thakral Corporation Ltd has acquired an additional 81.6% stake in TIL Investments, raising its ownership in a healthcare-led development in Gurugram to 95.3% for S$93.9 million. The deal includes S$50 million in cash and new shares, increasing the Thakral family's stake to 60.1%. The project will be developed in phases, starting with a hospital and wellness center, and aims to create a long-term growth engine in India."
datetime: "2026-05-28T15:30:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287944349.md)
  - [en](https://longbridge.com/en/news/287944349.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287944349.md)
generator: "portal-rs"
---

# Thakral lifts stake in Gurugram healthcare-led project to 95.3% in S$93.9m deal

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Thakral Corporation Ltd ( (SG:AWI) ) just unveiled an announcement.

Thakral Corporation Ltd has completed the acquisition of an additional 81.6% stake in TIL Investments, lifting its ownership in a 21-acre mixed-use healthcare-led development in New Gurugram to 95.3%. The S$93.9 million deal, settled through S$50 million in cash and 24.2 million new shares issued at a premium, increases its share capital to 152.1 million shares and raises the controlling Thakral family’s stake to 60.1%.

The Gurugram project, located in one of India’s most dynamic office and luxury housing markets, will be built in phases starting with a hospital and wellness centre operated by partners on a revenue-sharing basis. Thakral will also partner third-party developers for residential and commercial components, limiting development and operational risk while creating a long-term India growth engine that complements its existing property and lifestyle businesses worldwide. 

**More about Thakral Corporation Ltd**

Thakral Corporation Ltd is a Singapore-listed investment and lifestyle group with core holdings in real estate and consumer brands across Australia, Japan, Singapore, India and London. Its portfolio includes over-50s lifestyle resorts in Australia via GemLife, commercial properties in Osaka, a major mixed-use healthcare-led development in Gurugram, and distribution of beauty, fragrance, Nespresso and DJI products across Asia.

**Average Trading Volume:** 138,483

**Technical Sentiment Signal:** Buy

**Current Market Cap:** S$237.8M

For a thorough assessment of AWI stock, go to TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**