Rainbow Children’s Medicare Limited (RCML), the pediatric and perinatal healthcare network, announced the appointment of 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, Patodia will oversee 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, Patodia brings close to two decades of experience across healthcare, retail and FMCG. His expertise covers business finance, corporate finance, treasury, financial planning and analysis, investor relations, strategy, fundraising, and mergers and acquisitions.
Before joining Rainbow Children’s Medicare, Patodia was Chief Financial Officer at New Delhi Centre for Sight Ltd., where he led finance, fundraising, investor relations, strategy and M&A. Before that, he was Vice President, Finance at Vishal Mega Mart, contributing to the company’s growth and IPO journey. He also spent nearly 14 years at ITC Limited in corporate and business finance roles, gaining experience across treasury, financial planning, internal audit and category finance
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,” Dalal added.
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,” Patodia added.
