As of 2023[update] Shri Sadyojat Shankarashram Swamiji is the head of the math, having ascended the Peetha in February 1997.

The threat of property takeover by the regional authorities loomed large over the Math, and a member of the Pandit family was considered a worthy person for this position.

He adopted a disciple from the priestly family of Shukla, assigning him the name of Shri Shankarashram-II, and spent his life in Kollur in Dhyan (intense meditation), though he often visited Shirali.

Swami Keshavashram ordained a young disciple once again from the Shukla family under the name Shri Vamanashram, who entrusted day-to-day matters of the math to the priests.

A disciple adopted by him from the Nagarkar family was ordained for Sannyasa under the title of Shri Krishnashram.

During the reign of Shri Krishnashram most of the disciples were brought round from Vaishnava practices, land was purchased and reforms introduced.

Shri Pandurangashram, of the Nagarkar family, was the eighth sant, and reigned for over fifty years.

The greater part of the math was rebuilt and all the Samadhis of his predecessors were reconstructed with silver under this tutelage.

Since his initiation in Sanyasa took place at very early age, he was not able to be personally guided by the Guruswami.

He improved the financial position of the math, which had dwindled during his early years, by making payments of vantiga (donations) almost mandatory.

The samadhi enclave also contains a temple of Goddess Durga Parmeshwari and Shree Ganesha just like the other Swamijis.