Leadership with four decades of continuity.
Founder-led since 1987 — our Managing Director has been with the company since it was incorporated.
Our board and leadership team bring deep experience across pharmaceuticals, R&D, manufacturing, finance and global markets.
Board of Directors
Chaired since 1988
Founder-led since 1987
- Chairman Omprakash Inani
- Founder & MD Vishnukant C. Bhutada
- CFO Alpesh Dalal
6
Members of the Board
8
Executive leaders
Driving Shilpa’s mission of innovating for affordable healthcare.
Leadership team
Arranged by role — from our Chairman and Founder to the leaders of each division and corporate function.
01Chairman & Founder
Mr. Omprakash Innani
Chairman
Mr. Vishnukant C. Bhutada
Founder & Group Managing Director
02Division leadership
Mr. Keshav Bhutada
Chief Executive Officer, API Division
Mr. Madhav Bhutada
Managing Director, Shilpa Biocare Division
Dr. Sridevi Khambhampaty
Chief Executive Officer, Biologics Division
Dr. Jayant Karajgi
Chief Operating Officer, Formulations Division
03Corporate functions
Mr. Alpesh Dalal
Chief Financial Officer
Mr. P.V. Narasimha Rao
Chief Human Resource Officer
Board of Directors
Six directors — including three independent directors — oversee governance, strategy and stakeholder interests.
OI
Omprakash Inani
Non-Executive Chairman
Since 1988
VB
Vishnukant Chaturbhuj Bhutada
Founder & Managing Director
MD since 2015 · with the company since 1987
SK
Sharath Reddy Kalakota
Whole-Time Director; Vice President, Projects & Operations
Director since 2019 · joined 1991
HG
Hetal Madhukant Gandhi
Independent Director
Since 2021
AB
Dr. Anita Bandyopadhyay
Independent Director
Since 2022
AA
Ashraf Loutfy Abdelhamid Allam
Independent Director
Since 2025
Executive leadership across the group
The executives who run our subsidiaries and key functions day to day.
KB
Keshav Bhutada
Executive Director & Chief Executive Officer
Shilpa Pharma Lifesciences Limited
MB
Madhav Bhutada
Managing Director & Chief Executive Officer
Shilpa Biocare Pvt. Ltd. · Director, Shilpa Biologicals
RI
Ramakant Innani
Managing Director
Shilpa Biologicals Pvt. Ltd.
UH
Dr. Uday N. Harle
Chief Executive Officer
Shilpa Biologicals Pvt. Ltd.
AD
Alpesh Maheshkumar Dalal
Chief Financial Officer
Shilpa Medicare Limited
VK
Dr. Vellaian Karuppiah
Chief Operating Officer
Formulations
RR
Rajyashri Ramakrishnan
Chief Scientific Officer
Biologicals
RT
Ritu Tiwary
Company Secretary & Compliance Officer
Shilpa Medicare Limited