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Rainbow Children's Medicare acquires 76% equity share capital of Prashanthi Medicare

02 Jul 2025 Evaluate

Rainbow Children's Medicare has completed the acquisition of 76% of fully diluted equity share capital and 100% of Non-Convertible Redeemable Preference shares (NCRPS) of the M/s. Prashanthi Medicare. Subsequent to the acquisition, Prashanthi Medicare has become a subsidiary of the company.

Earlier, the compony had signed a definitive agreement to acquire a majority stake in Prashanthi Medicare (Prashanthi Hospital) at Warangal - the second-largest district and a prominent business hub of Telangana.

Rainbow Children’s Medicare is a leading multi-specialty pediatric and obstetrics and gynecology hospital chain in India.

RainbowChildrenS Med Share Price

1246.95 -9.90 (-0.79%)
17-Apr-2026 16:59 View Price Chart
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