Franklin Industries Limited approved the appointment of Mr. Prakash Ganpahthy Pai as a managing director of the company for the category of Executive director with effect from 11 August 2023. Company also approved the resignation of Mr. Raj Rajan Shah from the post of the managing director of the company with effect from 11 August 2023 on account of pre occupancy with other activities. Mr. Prakash Pai, is a Post Graduate in the Field of MA.

(Public Administration). He is a Businessman. He has a more than 33 years' experience in the field of Interiors, Renewable Energies, Hospitality Industries and etc.

He has an experience in the construction industry and is the technical and architectural genius behind the company's outstanding reputation for quality and innovation. The newly appointed Director has no any relationship with the Existing Directors of the Company.