Rainbow Children’s Medicare Limited announced the appointment of Mr. Sudarshan Patodia as the Chief Financial Officer and Key Managerial Personnel of the Company, effective September 23, 2026. Mr. Patodia, a Chartered Accountant, brings nearly two decades of experience in finance across healthcare, retail, and FMCG sectors. The company also approved amendments to its Policy on Determination of Materiality of Events/Information.
Key Leadership Appointment at Rainbow Children’s Medicare
Rainbow Children’s Medicare Limited has officially appointed Mr. Sudarshan Patodia as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) for the company. This significant appointment, designated as Group Chief Financial Officer, is effective from September 23, 2026. The decision was made following recommendations from the Nomination and Remuneration Committee and the Audit Committee, underscoring a strategic move in the company’s financial leadership.
Experienced Financial Leader Joins Board
Mr. Patodia is a distinguished Chartered Accountant and a Gold Medalist, possessing extensive experience spanning almost two decades. His expertise covers diverse financial domains within the healthcare, retail, and FMCG industries. Prior to joining Rainbow Children’s Medicare Limited, he served as the Chief Financial Officer at New Delhi Centre for Sight Limited, where he oversaw critical functions including finance, treasury, investor relations, strategic planning, fundraising, and M&A. He also played a key role in acquisition transactions and fundraising initiatives. Previously, as Vice President – Finance at Vishal Mega Mart, he contributed significantly to business finance, FP&A, investor relations, and the company’s IPO journey. His earlier career also includes a 14-year tenure with ITC Limited, where he held various corporate and business finance roles.
Policy Amendments Approved
In addition to the leadership change, the Board of Directors also approved amendments to the company’s Policy on Determination of Materiality of Events / Information. The updated policy is now accessible on the company’s official website at https://www.rainbowhospitals.in/investors-relations/policies-&-programs.
Source: BSE
