MANIPALHOSManipal Health Enterprises Ltd.

    Manipal Health Enterprises signs 29-year lease for Gurugram hospital land

    • Agreement
    • Healthcare hospitals
    A long hospital corridor with cream walls, a red stripe along the wall, closed doors and ceiling lights receding into the distance.
    W.carter, via Wikimedia Commons (CC0). Illustrative image.

    Manipal Health Enterprises (NSE: MANIPALHOS) has entered into a lease deed with TIL Investments Private Limited for land in Village Kherki Daula, District Gurugram, Haryana, for constructing, operating, managing and maintaining a hospital, it said in a filing on 04 Nov 2026. The lease has been granted for 29 years and 11 months.

    A 29-year-11-month lease for a hospital site

    The lease deed covers land in the revenue estate of Village Kherki Daula, Tehsil Manesar, District Gurugram, Haryana. The land is leased for constructing, operating, managing and maintaining a hospital, and the term is 29 years and 11 months.

    The company says no special rights are conferred on either party beyond the customary rights and obligations under the lease deed. The parties named in the disclosure are the company and TIL Investments Private Limited.

    Two 30 October filings concern actions taken or orders passed

    Two of the company's recent filings are dated 30 Oct 2026 and concern actions taken or orders passed. This lease deed is a separate disclosure made on 04 Nov 2026.

    What the lease means for Manipal Health Enterprises' shareholders

    For shareholders, the filing describes a 29-year-11-month lease of land for a hospital. It does not give the lease rent, the land area, a start date or any effect on results, so the lease cannot be set against the company's latest quarter (Q1 FY27, consolidated), which showed total income of ₹3,165.19 crore and net profit of ₹243.43 crore.

    At a glance

    ItemDetail
    CounterpartyTIL Investments Private Limited
    Lease term29 years 11 months
    Land locationVillage Kherki Daula, Tehsil Manesar, District Gurugram, Haryana
    PurposeConstructing, operating, managing and maintaining a hospital
    Filing date04 Nov 2026
    Latest quarter (Q1 FY27, consolidated)Total income ₹3,165.19 crore; net profit ₹243.43 crore

    Filed with NSE on . Reference: Original filing (PDF)

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