Rainbow Children's Medicare approves employee stock option schemes

Rainbow Children's Medicare (BSE: RAINBOW) announced the successful passage of resolutions related to its employee stock option schemes during a postal ballot, according to a filing on April 3, 2025. Shareholders approved the 'Rainbow Children's Medicare Limited - Employee Stock Option Scheme 2025', and granted options to employees of subsidiary companies. Approval was also received for secondary acquisition of shares through a Trust, and for the company to provide money for purchase of its own shares by the Trust. Total votes cast were 8,879,876,600 shares representing 87.442% of outstanding shares. The resolutions are deemed approved as of April 2, 2025, the last date of remote e-voting.