Considered and approved the re-appointment of Mr. S. Elangovan as Managing Director of the Company for a period of 5 years effective from 13th August, 2025 to 12th August, 2030

Elango Industries' board, at its meeting on 13th August 2025, approved the unaudited Q1 FY26 results showing revenue from operations of Rs. 21.19 lakhs and a net loss of Rs. 4.89 lakhs, slightly better than the Rs. 9.50 lakh loss in the same quarter last year. The board re-appointed promoter Mr. S. Elangovan as Managing Director for another 5 years (till August 2030). Dr. M. Ramasamy's second term as Independent Director ended naturally on 28th June 2025, and Mrs. Ashitha K was appointed in his place as Independent Woman Director for 5 years, also chairing the Audit, Nomination & Remuneration, and Stakeholders Relationship committees. P Pattabiramen & Co was re-appointed as Statutory Auditor, while new Secretarial and Internal Auditors were also appointed for the next 5 years and FY 2025-26 respectively. The auditor flagged a qualified opinion on recoverability of Rs. 1.10 crore in electricity subsidy receivables pending for a long time.