With deep sadness, we report the demise of Shri. B. Prasannan, son of Shri. Balaram Govinda Das, Managing Director, Thangamayil Jewellery Ltd. He was 39, bravely battled the malaise of Cancer for the past 2 years and breathed his last in Madurai on 26 April 2023, with his family members beside him.
Prasannan had his early education in the temple town of Madurai in Tamil Nadu. He studied at the Gemological Institue of India and earned a Diploma in Gemology – Diamond Grading, Gems and Diamond. In 2017, he undertook an Executive Development Programme from Michigan Academy. He had been a member of the Governing Council of Young Entrepreneur School (YES) since 2016 and played a key role in shaping the life of hundreds of entrepreneurs.
Prasannan was the second son among the three siblings, but he never fathomed a designation that is akin to the current crop of kids of many entrepreneur families that we see today. In fact, he neither believed in heirarchy as well. He sold jewellery along with the staff at the counters while at the showroom and played cricket with them during his free time. He was known for maintaining an extremely cordial relationship with everyone, from his employees to suppliers, customers to the public at large.
An avid reader, Prasannan was always engaged in reading and learning something or the other every passing day. And not just that, he would share many of his learnings with those around him in formal interactions as well as through his social media. Until his health conditions worsened, he was managing the silver products line at Thangamayil Jewellers, among the top jewellery retailers in India.
For the the first three financial quarters of FY 22-23 ending Dec. 2022, the company reported a consolidated turnover of Rs. 2,384 Cr and a Net profit of Rs. 48.71 Cr.
Despite all the hype around the success story of the second-generation led family business, Prasannan lived a simple life, drove a small car to work and remained humble till the last time he breathed.
We pray the Almighty to bless the family adequately to bear this loss.
