- Business
- Rainbow Foundations Limited (RAINBOWF.BO), incorporated in 1994 and headquartered in Chennai, India, develops real estate properties with a focus on residential flats, commercial complexes, and resorts; it also undertakes engineering, procurement, and construction services including engineering, designing, supply of materials, system development, installation, project management, operations, and maintenance, alongside the development and marketing of plots and land parcels primarily in India. The company operates projects such as Rainbow Nest, Rainbow Navkar, Rainbow Arcade, Rainbow Praveen, Rainbow Plaza, Rainbow Park, and Rainbow Towers, targeting urban residential and commercial customers in Chennai and surrounding regions. Recent developments include land acquisitions in 2025 along with buildings to expand its portfolio, board changes with the appointment of Raghunathdogra Satishkumardogra as independent director and Ashish Jain as executive director effective 2025, reappointments of managing directors Anop Chand Jain and Gajraj Jain, and approval of audited financial results for fiscal year 2025 showing net profit of INR 8 crore.