Rays of Belief Ltd (MOMSBELIEF) — Announcement | 21 September 2026

21 September 2026 · BSE 🔴 High Importance Neutral

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

📢 Key Event

Acquires City Pro Group to expand U.S. pediatric developmental care platform

🔄 What Changed

Added U.S. early intervention platform with ₹97.27 Cr revenue base

🔮 What's Next

Evaluate CPG's clinical supervision and family engagement practices for integration into India's 136-centre network

💡 Investor Takeaway

This acquisition strengthens U.S. market entry while creating cross-border operational synergies that could boost long-term growth potential.

Rays of Belief Limited announced its acquisition of 100% of City Pro Group Inc., a New York-based pediatric developmental care provider, through its U.S. subsidiary effective September 18, 2026. The transaction, valued at US$11.43 million (~₹97.27 Cr), adds established U.S. early intervention capabilities and creates a two-way India-U.S. clinical knowledge exchange. Management highlighted integration plans to enhance both networks while maintaining India as the core growth focus.

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About Rays of Belief Ltd (MOMSBELIEF)

Services · Miscellaneous · Listed on BSE

Market Cap: ₹347.57 Cr

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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 ...
🔴 Corporate Action — 19 September 2026Rays of Belief Limited announced on September 19, 2026 that its wholly owned subsidiary Mom’s Belief...

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

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