Rainbow Childrens Medicare Limited — JV/Acquisition, 28-06-2025: Acquisition

Rainbow Children’s Medicare has announced a board meeting on the acquisition of 76% equity and 100% non-convertible redeemable preference shares in Prashanthi Hospital, a 100-bed NABH-accredited facility in Warangal. The deal values the hospital at approximately ₹32.6 Cr, with Rainbow investing ₹24.85 Cr in equity and ₹7.75 Cr in preference shares. This move strategically expands Rainbow’s footprint in Telangana, enhancing access to advanced pediatric and maternal care in a rapidly urbanizing tier-II city, with seamless integration into its existing Hyderabad hub for specialty referrals.