Shilpa Medicare Executive and Leadership Team

September, 2026

Leadership Overview

Shilpa Medicare has 4 executives leading key functions including financial strategy, operational oversight, biopharma innovation, and North American business development.

Focused on global pharmaceutical excellence, Shilpa Medicare delivers advanced oncology solutions and specialized drug delivery systems to international markets while maintaining a commitment to high-quality manufacturing standards.

Leadership Roles at Shilpa Medicare

  • Chief Financial Officer - Alpesh Dalal
  • Chief Operating Officer - Vellaian Karuppiah
  • President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) - Harshawardhan Bal
  • President, Cdmo Business (North America ) - Harsh Bal
  • Alpesh Dalal - Chief Financial Officer

    Alpesh Dalal, the Chief Financial Officer at Shilpa Medicare, manages the entire fiscal architecture of the organization. Overseeing capital allocation and financial reporting, the Chief Financial Officer ensures the stability of investments in active pharmaceutical ingredients and oncology research. This leadership role involves rigorous oversight of international revenue streams across India, the United States, and Europe. By optimizing cost structures and managing liquidity, Alpesh Dalal directly impacts the long-term growth trajectory of the company. The Chief Financial Officer also coordinates with the Board to align fiscal policies with the broader corporate mission of expanding drug delivery systems. Through precise financial planning, Dalal secures the necessary resources for manufacturing expansion and wind power generation initiatives. Ultimately, the Chief Financial Officer maintains the fiscal health required to support complex pharmaceutical development cycles and global market penetration.

    Vellaian Karuppiah - Chief Operating Officer

    Vellaian Karuppiah, the Chief Operating Officer at Shilpa Medicare, directs the manufacturing and supply chain operations for all pharmaceutical products. Overseeing the production of tablets, capsules, and sterile injectables, the Chief Operating Officer ensures strict adherence to global quality standards. This leadership role involves managing the operational efficiency of facilities producing oncology and non-oncology API's. By streamlining production workflows, Vellaian Karuppiah directly impacts the company's ability to meet international demand for specialized drug delivery systems. The Chief Operating Officer also monitors the performance of wind power generation assets to ensure sustainable energy integration within the manufacturing process. Through constant process improvement, Karuppiah drives operational excellence across all dosage form production lines. Ultimately, the Chief Operating Officer maintains the high-volume output necessary to sustain the company's competitive position in the global pharmaceutical market.
    Vellaian Karuppiah

    Harshawardhan Bal - President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing)

    Harshawardhan Bal, the President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) at Shilpa Medicare, architects the strategic integration of artificial intelligence and machine learning into drug discovery. Overseeing the development of peptides and biotech products, the President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) ensures the company remains at the forefront of pharmaceutical innovation. This leadership role involves securing high-value partnerships and licensing agreements that expand the reach of proprietary drug delivery systems. By leveraging advanced computational tools, Harshawardhan Bal directly impacts the speed and accuracy of the biopharma manufacturing pipeline. The President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) also collaborates with global research teams to identify new therapeutic targets. Through these technological advancements, Bal accelerates the commercialization of complex biotech solutions. Ultimately, the President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) secures the company's future as a leader in high-tech pharmaceutical development.

    Harsh Bal - President, Cdmo Business (North America )

    Harsh Bal, the President, Cdmo Business (North America ) at Shilpa Medicare, drives the expansion of contract manufacturing services across the North American market. Overseeing client relationships and service delivery for sterile injectables and specialty chemicals, the President, Cdmo Business (North America ) ensures alignment with regional regulatory requirements. This leadership role involves scaling the company's presence to meet the specific needs of North American pharmaceutical partners. By managing complex supply chains and service contracts, Harsh Bal directly impacts the revenue growth generated from international CDMO operations. The President, Cdmo Business (North America ) also coordinates with internal manufacturing teams to ensure that production capabilities match the high demand for oncology and non-oncology formulations. Through strategic market engagement, Bal strengthens the company's reputation as a reliable manufacturing partner. Ultimately, the President, Cdmo Business (North America ) secures long-term commercial success by expanding the footprint of the company's specialized dosage form services.

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    Frequently Asked Questions Regarding Shilpa Medicare Top Executives and Leadership Team

    Who leads Shilpa Medicare?
    Shilpa Medicare is led by Alpesh Dalal (Chief Financial Officer), along with executives such as Vellaian Karuppiah (Chief Operating Officer) and Harshawardhan Bal (President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing)).
    Who is part of Shilpa Medicare’s executive team?
    The executive team of Shilpa Medicare includes leaders such as Alpesh Dalal (Chief Financial Officer), Vellaian Karuppiah (Chief Operating Officer), Harshawardhan Bal (President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing)) and other senior executives.
    How many executives does Shilpa Medicare have?
    Shilpa Medicare has 4 executives leading key business areas.
    What roles are included in Shilpa Medicare’s leadership team?
    The leadership team of Shilpa Medicare includes roles such as Chief Financial Officer, Chief Operating Officer, President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing), President, Cdmo Business (North America ).