Tetrataenium shrirangii C.Rekha, Gosavi, Manudev & Dalavi, a new species of Apiaceae is described here from the lateritic plateau of Chaukul Village in Sindhudurg District in Maharashtra. The new species is closely similar to T. birmanicum (Kurz) Manden., a species found in Assam (northeast India) to Thailand, by its apically inflexed petals, persistent calyx, and style, but is distinguished from the latter by the presence of narrow, oblong‐ovate or ovate‐lanceolate to elliptic or round leaflets, 2–6 ovate involucre bracts with 1–3 lobed or rounded apex, 3–5 elliptic‐oblong involucel, and other carpological characters such as ovoid‐ellipsoid fruits with narrowly winged lateral ribs, 4–6 unequal commissural vittae and with slightly concave commissural face. A detailed description, diagnostic characters, photo plates and illustrations are provided for easy identification of this species.