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Lakshya Sen would be the second men's singles player in the squad while Aakarshi Kashyap would provide backup to Sindhu in women's singles.
This was Prannoy's second career win over Axelsen, whom he had beaten during the Indonesia Masters last year.
With two losses, Prannoy's chances of making it to the knockout stage is as good as over and rests on results of multiple calculations.
India's singles ace went down to the rising Japanese star in an hour-long contest.
While Sharath is the lone Khel Ratna award recipient, 25 sportspersons, including shuttlers Lakshya Sen, H S Prannoy, woman boxer Nikhat Zareen, track and field athletes Eldhose Paul and Avinash Sable, were conferred with the Arjuna Award.
25 sportspersons will receive the Arjuna Award from the President on November 30.
Sen beat sixth seed Anthony Sinisuka Ginting of Indonesia 21-16, 21-12.
Kerala had to settle for silver medals in basketball and badminton.
She was joined by other Indian shuttlers -- Chirag Shetty and H S Prannoy.
The singles star fired Kerala to a 3-1 win over Assam in the quarterfinals.
Results 61-70 of 132
