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Rainbow Children’s Medicare Confirms Adherence to IPO Fund Utilization

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Rainbow Children’s Medicare Confirms Adherence to IPO Fund Utilization

Rainbow Childrens Medicare Limited ( (IN:RAINBOW) ) has shared an update.

Rainbow Children’s Medicare Limited has announced that there was no deviation or variation in the use of funds raised through its Initial Public Offer (IPO) as of the quarter ending December 31, 2024. The funds have been utilized according to the objectives stated in the prospectus, and this has been confirmed by the company’s audit committee, ensuring transparency and adherence to the planned financial strategy.

More about Rainbow Childrens Medicare Limited

Rainbow Children’s Medicare Limited operates in the healthcare industry, focusing on providing pediatric healthcare services. The company is known for its comprehensive range of medical services aimed at children, positioning itself as a key player in the pediatric healthcare market.

YTD Price Performance: -11.16%

Average Trading Volume: 6,823

Current Market Cap: 140.4B INR

Find detailed analytics on RAINBOW stock on TipRanks’ Stock Analysis page.

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