Franklin Industries Limited at the Board of Directors Meeting held on September 19, 2023 considered appointment of Mr. Sachin Verma for the Post of Managing Director of the Company and Acceptance of Resignation of Mr. Prakash Ganpathy Pai from the Post of the Managing Director of the Company. Mr. Sachin Verma is a Graduate in the Field of Commerce. He has a knowledge of Marketing as well as Accountancy related matters.

Date of appointment; September 19, 2023.