Rays of Belief Ltd (MOMSBELIEF) — Corporate Action | 19 September 2026

19 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Acquisition of City Pro Group Inc completed for USD 2 million cash

🔄 What Changed

100% ownership of City Pro Group Inc added as US subsidiary

🔮 What's Next

US market expansion through pediatric services integration

💡 Investor Takeaway

This acquisition adds US healthcare exposure but carries integration risk for the company's valuation.

Rays of Belief Limited announced on September 19, 2026 that its wholly owned subsidiary Mom’s Belief US Inc acquired 100% of City Pro Group Inc for USD 2,000,000 cash, effective September 18, 2026. The healthcare provider expands US pediatric early intervention services. The transaction is non-related party and completes the company's US market entry.

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About Rays of Belief Ltd (MOMSBELIEF)

Services · Miscellaneous · Listed on BSE

Market Cap: ₹347.57 Cr

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"How will USD 2 million purchase price be financed?""What specific revenue synergies are expected from City Pro?""When will City Pro's financials be consolidated?"

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📊 More MOMSBELIEF filings

🟡 Board Meeting — 28 September 2026Rays of Belief Limited announced the outcome of its September 28, 2026 board meeting, approving unau...
🔴 Financial Results — 28 September 2026Rays of Belief Limited reported unaudited consolidated revenue of **₹253.14 crores** for Q1 FY2026, ...
Announcement — 26 September 2026Rays of Belief Limited announced that its trading window will close on October 1, 2026, and remain c...
🟡 Board Meeting — 23 September 2026Rays of Belief announced a board meeting on September 28, 2026, to approve unaudited standalone and ...
🔴 Announcement — 21 September 2026Rays of Belief Limited announced its acquisition of 100% of City Pro Group Inc., a New York-based pe...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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