Rainbow Childrens Medicare Limited (NSE: RAINBOW) – Acquisition Announcement

Date of announcement: 29 July 2026

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Introduction

Rainbow Childrens Medicare Limited (NSE: RAINBOW) filed an XBRL announcement on 29 July 2026 to disclose the execution of an acquisition agreement for Rainbow Women & Children’s Hospital Private Limited (RWCHPL).

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Key Details of the Acquisition

Transaction Overview

• Target entity: Rainbow Women & Children’s Hospital Private Limited
• Industry of target: Healthcare Services (hospitals, dispensaries, maternity homes, health centres, clinics, diagnostic centres)
• Consideration: ₹ 684,000,000 in cash
• Nature of consideration: Cash, to be paid in multiple tranches (transaction to be executed in tranches)
• Deal status: Executed on 29 July 2026; in‑principle approval obtained on 18 July 2026 by the Board and Audit Committee

Strategic Rationale

• Funding requirement for the development of a new children’s and women’s hospital at Malad, Mumbai (estimated project cost ≈ ₹ 90 Crore)
• Acquisition is arm’s‑length and not material to the listed entity’s financials

Governance & Compliance

• Board & Audit Committee approval: 18 July 2026 (in‑principle)
• Related‑party nature: The promoter group holds a 1 % existing shareholding in RWCHPL; no other interest apart from directorship
• Regulation 30 classification: New acquisition (Regulation 30 restructuring)
• Government/Regulatory approvals: Not applicable / not required

Timeline & Completion

• Indicative completion period: Q1 FY 27‑28
• Execution date of documents: 29 July 2026

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Financial Snapshot (as disclosed)

Parameter	Value
Cash consideration	₹ 684 million
Acquirer turnover	100,000 (units not specified)
Target turnover	0
Target net worth	0
Target profit after tax	0
Existing shareholding of acquirer in target	1 %
Control acquired	0 %
Additional shares to be acquired	0 %

All figures are as reported in the announcement; no further financial metrics were provided.

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Summary

Rainbow Childrens Medicare Limited has formally executed a cash acquisition of Rainbow Women & Children’s Hospital Private Limited for ₹ 684 million. The transaction, approved in principle by the Board and Audit Committee on 18 July 2026, aims to secure funding for a new children’s and women’s hospital project in Malad, Mumbai, with an estimated cost of ₹ 90 Crore. The deal is structured as an arm’s‑length, related‑party transaction, to be completed in multiple tranches by Q1 FY 27‑28. No material impact on the listed company’s financial position has been indicated.