Explicit Finance Limited at its board meeting held on August 14, 2023 appointed Mr. Rajesh Nanda as Managing Director of the company with effect from August 14, 2023. Mr. Rajesh Nanda is one of the leading developer of industrial and logistic parks in the outskirts of Mumbai and Gujrat. He has got special skill in identifying the projects and turning them profitable.

He and his firm aims to deliver projects timely with extensive management techniques, advanced technology and has uncompromising standards of safety and sustainability following the principles of "Make In India" and "Go Clean Go Green" initiative taken by the Indian Government. He is a visionary who perceives a business opportunity in a marketplace and possesses the ability to execute; leading substantial results in terms of growth and success in any region. He also has got good experience in arranging finance from private and public financial institution as he has been doing the same for his own projects as well as individuals and body corporates.

His firm was awarded with iconic Industrial Infrastructure developer by Mid Day in the year 2022.