Rainbow Childrens Medicare Limited (RCML) has successfully completed the acquisition of a majority stake in Pratiksha Women & Child Care Hospital Private Limited, marking a significant expansion in its healthcare portfolio.

Acquisition Details

RCML finalized the acquisition of:

• 76% of the fully diluted equity share capital
• 100% of the Non-Convertible Redeemable Preference shares (NCRPS)

This strategic move follows the execution of a Securities Subscription Agreement and Shareholders' Agreement.

Impact on Corporate Structure

As a result of this acquisition, Pratiksha Women & Child Care Hospital Private Limited has now become a subsidiary of Rainbow Children's Medicare Limited. This change in status is in accordance with the provisions of the Companies Act, 2013 and SEBI Listing Regulations, 2015.

Market Implications

The acquisition is expected to strengthen RCML's position in the healthcare sector, particularly in women's and children's care. By integrating Pratiksha Women & Child Care Hospital into its network, RCML is poised to expand its service offerings and geographical presence.

Regulatory Compliance

RCML has duly informed the National Stock Exchange of India Limited and BSE Limited about the completion of this acquisition, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's proactive disclosure demonstrates its commitment to transparency and adherence to regulatory standards in corporate transactions.

This strategic acquisition by Rainbow Children's Medicare Limited represents a significant development in the Indian healthcare landscape, potentially enhancing the company's capabilities in specialized medical care for women and children.

Rainbow Childrens Medicare Limited (RCML) has made a strategic move to expand its presence in Northeast India by acquiring a majority stake in Pratiksha Hospital, Guwahati. The company's board of directors approved the acquisition on August 11, 2025, marking a significant step in RCML's national growth strategy.

Key Highlights of the Acquisition

• RCML will acquire 76% of the fully diluted equity share capital and 100% of the Non-Convertible Redeemable Preference Shares (NCRPS) of Pratiksha Women & Child Care Hospital Private Limited.
• The total investment is approximately ₹171.00 crore, with ₹129.96 crore for equity shares and ₹41.04 crore for NCRPS.
• The acquisition will be funded through RCML's cash reserves and internal accruals.
• The transaction is expected to be completed within 30 days and does not require any governmental or regulatory approvals.

About Pratiksha Hospital

Pratiksha Hospital is a 150-bed NABH-accredited facility in Guwahati, Assam, with 100 operational beds and an additional 50 beds expected to become operational within six months. Founded in 1995 by Dr. Pramod Kumar Sharma, the hospital specializes in:

• Pediatric care
• Obstetrics and gynecology
• Infertility treatments and IVF services
• Laparoscopic surgeries
• Neonatology and pediatric critical care

Strategic Implications

This acquisition marks Rainbow's entry into Northeast India, expanding its network to 21 hospitals across 8 cities with approximately 2,185 total beds. The move aligns with RCML's vision to expand into underserved markets for specialized healthcare.

Dr. Ramesh Kancharla, Chairman & Managing Director of RCML, commented, "We warmly welcome Pratiksha Hospital into our family. This partnership empowers us to reach a wider community and deliver top-tier pediatric and maternal care to the families of Assam and Northeast India."

Integration and Rebranding

Post-acquisition, the hospital will be rebranded as 'Pratiksha Rainbow Children's Hospital' and fully integrated into Rainbow's national network. The integration will include:

• Unified branding
• Alignment of clinical protocols
• Implementation of centralized systems and governance
• Connection to Rainbow's regional hubs in Hyderabad, New Delhi, Bengaluru, and Chennai

Market Opportunity in Northeast India

The acquisition taps into a significant market opportunity in Northeast India:

• Guwahati serves as the healthcare capital for 7 Northeast states and Bhutan
• The region has a population of approximately 50 million
• There is a growing demand for quality tertiary and quaternary care
• The area is currently underserved in terms of specialty care, particularly in pediatric and maternal health

Financial Details

This strategic move by Rainbow Children's Medicare Limited not only expands its geographical footprint but also reinforces its position as a leading provider of pediatric and women's healthcare services in India. The acquisition of Pratiksha Hospital is expected to enhance RCML's ability to provide comprehensive, high-quality care to families in the Northeast region.