Hyderabad, September 24, 2026: Rainbow Children’s Medicare Limited (RCML), India’s leading pediatric and perinatal healthcare network, today announced the appointment of Mr. Sudarshan Patodia as Group Chief Financial Officer (CFO) of the company, with effect from 23 September, 2026. He succeeds Vikas Maheshwari, who stepped down from the position of Chief Financial Officer on 31 August 2026.
As CFO, Mr. Patodia will be responsible for overseeing Rainbow Children’s Medicare’s finance function, including business and corporate finance, financial planning and analysis, treasury, investor relations, capital allocation and financial governance. He will work closely with the leadership team to support the company’s strategic priorities and long-term growth plans.
A Chartered Accountant and Gold Medalist, Mr. Patodia brings close to two decades of experience across healthcare, retail and FMCG. His expertise spans business finance, corporate finance, treasury, financial planning and analysis, investor relations, strategy, fundraising, and mergers and acquisitions.
Before joining Rainbow Children’s Medicare, Mr. Patodia served as Chief Financial Officer at New Delhi Centre for Sight Ltd., where he led the organisation’s finance, fundraising, investor relations, strategy and M&A functions. Prior to this, he was Vice President, Finance at Vishal Mega Mart, where he contributed to the company’s growth and IPO journey. He also spent nearly 14 years at ITC Limited in corporate and business finance roles, building extensive experience across treasury, financial planning, internal audit and category finance.
Mr. Abrarali Dalal, CEO, Rainbow Children’s Medicare Limited, said, “Over the last few years, Rainbow has evolved from being a leading paediatric and maternity healthcare provider to building a scaled, institution-led healthcare platform with a long runway for growth. As we continue to invest in new markets, clinical capabilities and organisational depth, financial stewardship becomes increasingly important. Sudarshan combines rigorous financial expertise with a strong understanding of healthcare businesses and growth environments. Equally important, he understands how finance can be a strategic enabler of patient care, expansion and long-term value creation. We are pleased to welcome him to Rainbow”
Mr. Sudarshan Patodia, Chief Financial Officer, Rainbow Children’s Medicare Limited, said: “I am delighted to join Rainbow Children’s Medicare, an organisation that has built a strong position in paediatric and perinatal healthcare. I look forward to working closely with the Board, leadership and finance teams to strengthen the company’s financial and strategic capabilities, support its growth priorities, and contribute to long-term value creation for all stakeholders.”
Mr. Patodia’s appointment strengthens Rainbow Children’s Medicare’s leadership team as the company continues to expand its healthcare network, enhance its clinical capabilities and pursue sustainable, long-term growth.
About Rainbow Children’s Medicare Limited
Rainbow Children’s Medicare Limited network comprises of 26 hospitals, 6 OP clinics and 2 Dedicated IVF clinics in 11 cities with a total bed capacity of 2,565 beds. Our Pediatric services operating under the brand “Rainbow Children’s Hospital” includes newborn and pediatric intensive care, pediatric multi-specialty services, pediatric quaternary care (including organ transplantation); whereas our women care services under “Birthright by Rainbow” offers perinatal care services which includes normal and complex obstetric care, multi-disciplinary fetal care, perinatal genetic and fertility care along with gynecology services.
Rainbow Children’s Hospital built on strong fundamentals of a multidisciplinary approach with a full-time consultant led clinical service along with 24/7 commitment in a child centric environment. The company follows a hub-and-spoke operating model where the hub hospital provides comprehensive outpatient, inpatient care, with a focus on tertiary and quaternary services, while the spokes provide 24/7 emergency care, large outpatient services and comprehensive obstetrics, pediatric inpatient and level 3 NICU services. This model is successfully operational at Hyderabad and Bengaluru. The endeavor is to replicate this approach in Chennai and across the National Capital Region. Subsequently Rainbow intends to expand into tier-2 cities of Southern India.
Rainbow Children’s Hospital embraces a unique doctor engagement model, where doctors work exclusively on a full-time, retainer basis. The doctors work in teams and have 24/7 commitment, which is particularly important for children’s emergency, neonatal, pediatric intensive care services and to support pediatric retrieval services. The Company also operates the country’s largest pediatric DNB training programme in private healthcare, offering post graduate residential DNB and fellowship programme.
