- Rainbow Childrens Medicare Limited (NSE: RAINBOW) disclosed on 29 July 2026 that it will acquire Super Prime Medical Care LLP for ₹198,400,000 in cash (paid in tranches), giving it 0.64% control of the target.
- The purchase adds a 70‑bed children’s hospital in Nellore, Andhra Pradesh and plans to add roughly 30 beds to expand gynaecology, obstetrics and perinatal services, bolstering the company’s hub‑and‑spoke model.
- Target’s latest figures show a net worth of ₹26,600,000, turnover of ₹94,400,000, and profit after tax of ₹9,900,000.
- Classified as a Regulation 30 (New) restructuring, the arm‑length, non‑related‑party deal needs no regulatory approvals and is slated to close on or before 31 August 2026.
Rainbow’s acquisition of Super Prime Medical Care is expected to lift the share price modestly as investors view the cash deal and expansion into Nellore as a growth catalyst, though the high valuation tempers enthusiasm.
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