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.
| Company Name | CMP |
|---|---|
| Apollo Hospital Ent. | 7699.05 |
| Max Healthcare Inst | 1006.90 |
| Narayana Hrudayalay | 1825.55 |
| Aster DM Healthcare | 688.30 |
| Global Health | 1089.55 |
| View more.. | |
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