Rainbow Childrens Medicare Limited has informed the Exchange about Updates on Acquisition.
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Rainbow Childrens Medicare has completed the acquisition of 76% of the fully diluted equity share capital and 100% of the Non-Convertible Redeemable Preference Shares (NCRPS) of Pratiksha Women & Child Care Hospital Private Limited. The deal was first announced on August 11, 2025, and the acquisition was formally completed on August 18, 2025. Following this acquisition, Pratiksha Women & Child Care Hospital has officially become a subsidiary of Rainbow Childrens Medicare. The acquisition expands Rainbow's presence in the women and child healthcare segment.
Positive for shareholders as the acquisition strengthens Rainbow's footprint in the women and child healthcare space and adds a new subsidiary to its portfolio, potentially boosting future revenue and market reach.