Shilpa Medicare Executive and Leadership Team

July, 2026

Leadership Overview

Shilpa Medicare has 4 executives leading key functions including finance, operations, biopharma CDMO licensing, and North American CDMO business.

Driven by a commitment to innovation, Shilpa Medicare focuses on manufacturing and selling active pharmaceutical ingredients, intermediates, and formulations, impacting global healthcare through its diverse product portfolio and contract manufacturing services.

Leadership Roles at Shilpa Medicare

  • Chief Financial Officer - Pankaj Jhawar
  • Chief Operating Officer - Jayant Karajgi
  • President, Biopharma Cdmo Licensing & Partnering (Ai Ml Discovery Development & Manufacturing) - Harshawardhan Bal
  • President, Cdmo Business (North America ) - Harsh Bal
  • Pankaj Jhawar - Chief Financial Officer

    Pankaj Jhawar, the Chief Financial Officer at Shilpa Medicare, directs all financial operations and strategic fiscal planning. Overseeing budgeting, forecasting, and financial reporting, the Chief Financial Officer ensures robust fiscal health across the organization. This leadership role involves managing capital allocation, optimizing financial performance, and securing funding for expansion initiatives. By analyzing market trends and economic conditions, Pankaj Jhawar drives financial strategies that support the company's growth in active pharmaceutical ingredients (APIs), intermediates, and formulations. Ultimately, Jhawar safeguards the company's financial stability and enhances shareholder value through meticulous financial oversight.

    Jayant Karajgi - Chief Operating Officer

    Jayant Karajgi, the Chief Operating Officer at Shilpa Medicare, oversees the end-to-end manufacturing and operational efficiency of the company's diverse product lines. Managing the production of active pharmaceutical ingredients (APIs), intermediates, and finished formulations, the Chief Operating Officer ensures seamless execution of manufacturing processes. This critical role involves optimizing supply chain logistics, enhancing production quality, and driving operational improvements across all facilities, including those involved in new drug delivery systems and specialty chemicals. By streamlining workflows and implementing best practices, Jayant Karajgi directly contributes to the company's capacity for contract manufacturing of various dosage forms, from tablets to sterile injectables. Karajgi's leadership ensures consistent product delivery and operational excellence.

    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, spearheads the strategic expansion of biopharmaceutical contract development and manufacturing organization (CDMO) services. This executive directs licensing agreements and partnership initiatives, focusing on integrating artificial intelligence and machine learning into discovery, development, and manufacturing processes. Overseeing the identification and cultivation of new business opportunities, Harshawardhan Bal ensures Shilpa Medicare remains at the forefront of biopharmaceutical innovation. The scope of this role encompasses forging global alliances and securing intellectual property rights for novel therapeutic solutions. Bal's strategic vision drives the company's engagement in advanced biopharmaceutical manufacturing and development.

    Harsh Bal - President, Cdmo Business (North America )

    Harsh Bal, the President, Cdmo Business (North America ) at Shilpa Medicare, leads the strategic growth and operational execution of the company's contract development and manufacturing organization (CDMO) business within the North American market. This executive directs all aspects of CDMO operations in the region, including client acquisition, project management, and service delivery for various dosage forms. Overseeing the expansion of Shilpa Medicare's presence in North America, Harsh Bal ensures alignment with market demands for oncology and non-oncology APIs, intermediates, and specialized injectables. By fostering strong client relationships and driving operational excellence, Bal enhances Shilpa Medicare's reputation as a reliable CDMO partner. This leadership role is pivotal in capturing market share and driving revenue growth across the United States and Canada.

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    Frequently Asked Questions Regarding Shilpa Medicare Top Executives and Leadership Team

    Who leads Shilpa Medicare?
    Shilpa Medicare is led by Pankaj Jhawar (Chief Financial Officer), along with executives such as Jayant Karajgi (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 Pankaj Jhawar (Chief Financial Officer), Jayant Karajgi (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 ).