Elango Industries Ltd Directors Report

Dear Members,

The Board presents the Thirty-Seventh (37th) Annual Report together with the Audited Financial

Statement and the Auditors Report for the Financial Year ended March 31, 2026

FINANCIAL HIGHLIGHTS

The financial highlights are set out below:

Rs in Lakhs

Particulars	2025-26	2024-25
Net Sales/ Income	23.71	95.91
Other Income	0.27	0.01
Total Income	23.98	95.92
Profit/Loss Before Depreciation and Tax	(12.14)	(19.74)
Depreciation	1.27	1.60
Profit/Loss before Tax	(13.41)	(21.34)
Less : Provision for Tax	(0.14)	(0.35)
Profit/Loss after Tax	(13.55)	(21.69)
Add : Profit/ Loss brought forward	(55.21)	(33.52)
Changes during the year	-	-
Profit/Loss Carried to Balance Sheet	(68.76)	(55.21)

PERFORMANCE:

During the financial year 2025-26, the Company recorded a total income of Rs. 23.98 lakhs and incurred a loss of Rs. 13.55 lakhs, as compared to a total income of Rs. 95.92 lakhs during the financial year 2024-25.

The Company continues to evaluate and pursue opportunities in the renewable energy sector, which is witnessing significant growth driven by increasing energy demand, favourable Government policies and the growing emphasis on clean and sustainable sources of energy. The Company views the renewable energy sector as an important avenue for diversification and long-term growth.

In this regard, the Company is actively pursuing the development of a 20 MW solar power generation project at Mayiladuthurai, Tamil Nadu, which is proposed to be implemented in phases. The initial phase is envisaged to comprise approximately 3 MW of solar power generation capacity along with battery energy storage systems. The Company proposes to proceed with the implementation of the project upon obtaining the requisite approvals and completing the necessary financial arrangements.

The Company is also exploring opportunities in allied areas of the renewable energy ecosystem, including energy storage solutions, power trading and other value-added services. The management remains focused on improving operational efficiencies, strengthening its business operations and identifying sustainable avenues for enhancing revenues.

The Board is of the view that the Companys continued focus on renewable energy, supported by its experience in the power sector and O&M services, will provide opportunities for long-term sustainable growth and contribute towards enhancing value for the Companys stakeholders.

DIRECTORS RESPONSIBILITY STATEMENT

Pursuant to the requirements under Section 134(5) of the Companies Act, 2013 with respect to Directors

Responsibility Statement, your Directors confirm that they have:

a) followed in the preparation of the Annual Accounts, the applicable Accounting Standards and given proper explanation relating to material departures ; if any b) selected such Accounting Policies and applied them consistently and made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit and Loss Account of the Company for that period; c) taken proper and sufficient care for maintenance of adequate accounting records for the year ended March 31, 2026 in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the Company and for the prevention and detection of Fraud and other irregularities; d) prepared the Annual Accounts on an ongoing basis; e) laid down internal financial controls to be followed by the company and that such internal financial controls are adequate and were operating effectively; and f) Devised proper systems to ensure compliance with the provisions of all applicable laws and that such system were adequate and operating effectively.

MANAGEMENT DISCUSSSION AND ANALYSIS

Pursuant to Schedule V of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 Management Discussions and Analysis is given separately in Annexure- 1 and forms part of this report.

BUSINESS RESPONSIBILTY STATEMENT REPORT

Business Responsibility Report is not applicable to our Company as it doesnt form part of top 1000 companies based on market capitalisation.

STATEMENT PURSUANT TO LISTING AGREEMENTS

The Companys securities are listed with BSE Limited. The company confirms that it has paid the Annual Listing Fees for the year 2026-27 in time and there were no arrears.

CORPORATE GOVERNANCE

As per Regulation 15(2)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, compliance with the provisions relating to Corporate Governance is exempt for listed entities whose paid-up share capital does not exceed Rs. 10 crore and net worth does not exceed Rs. 25 crore, as on the last day of the preceding financial year.

It is informed that the provisions of Corporate Governance under Regulation 27 of the said Regulations are not applicable to the Company, as its paid-up share capital and net worth as on March 31, 2026, fall below the prescribed thresholds.

DIVIDEND

Considering financial performance and ensuring liquidity for operations for the financial year 2025-26, the Directors have decided not to recommend any dividend to the shareholders for the financial year 2025-26

BOARD MEETINGS

During the financial year under review, Four Board Meetings were held on the following dates: May 23, 2025; August 13, 2025; November 11, 2025; and February 13, 2026. The intervals between these meetings were within the limits prescribed by the Companies Act, 2013. Details of the meetings and directors attendance are provided below:

S.No	Name of the Director	Designation and Category	No. of Board Meetings held during the year	No. of Board Meetings attended during the year	Attendance of Last AGM
1	Mr. S. Elangovan	Executive, Managing Director	4	4	Yes
2	Mr. S. A. Premkumar	Director, Non-Executive	4	4	Yes
3	Dr. M. Ramasamy (1)	Director, Non-Executive, Independent	4	1	No
4	Mrs. Preethi Natarajan (2)	Director, Non-Executive, Independent	4	2	No
5	Mrs.Ashitha K (3)	Director, Non-Executive, Independent	4	3	Yes
6	G. Maheswara Reddy (4)	Director, Non-Executive, Independent	4	2	No

(1) Dr. M. Ramasamy retired from the position of Non-Executive, Independent Director of the Company with effect from 28th June, 2025 upon completion of his tenure of ten years as an Independent Director. The Board places on record its sincere appreciation and gratitude for his valuable contributions, guidance and support during his tenure as a member of the Board.

(2) Mrs. Preethi Natarajan retired from the position of Non-Executive, Independent Director of the Company with effect from 29th September, 2025 upon completion of her tenure of ten years as an Independent Director. The Board places on record its sincere appreciation and gratitude for her valuable contributions, guidance and support during his tenure as a member of the Board.

(3) Mrs. Ashitha K (DIN: 07233606) was appointed as a Non-Executive, Independent woman Director of the Company effect from 13th August, 2025, in accordance with the applicable provisions of the Companies Act, 2013 and based on the recommendations of the Nomination and Remuneration Committee.

(4) G. Maheswara Reddy was appointed as a Non-Executive, Independent Director of the Company effect from 29th September, 2025, in accordance with the applicable provisions of the Companies Act, 2013 and based on the recommendations of the Nomination and Remuneration Committee.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

As of the date of this report, the Companys Board comprises four directors, including two independent directors, one Managing Director, and one Non-Executive Director.

Mr. S. A. Premkumar (DIN: 00342952) is due to retire by rotation at the upcoming Annual General Meeting. He is eligible for reappointment and has expressed his willingness to continue in his role. The Directors recommend the reappointment of Mr. S. A. Premkumar to the Board.

In compliance with Section 203 of the Companies Act, 2013, the following individuals are designated as the Whole-Time Key Managerial Personnel (KMP) of the Company as of the date of this report: Mr. S. Elangovan, Managing Director; Mr. M. Nagarajan, Chief Financial Officer; and Mr Nitesh Kumar Sharma, Company Secretary.

INDEPENDENT DIRECTORS

In accordance with Section 149(7) of the Companies Act, 2013 each Independent Director has confirmed to the Company that he / she meets the criteria of independence as laid down in Section 149(6) of the Companies Act, 2013 and Regulation 25 of the Listing Regulations.

CORPORATE SOCIAL RESPONSIBILITY (CSR)

The provisions of Section 135 of the Companies Act 2013 pertaining to Corporate Social Responsibility are not applicable to the Company.

EVENTS SUBSEQUENT TO THE DATE OF FINANCIAL STATEMENTS

There are no such material events subsequent to the date of financial statement.

SECRETARIAL AUDIT

Pursuant to provisions of Section 204 and other applicable provisions of the companies Act, 2013 and in terms of Regulation 24A of the Listing Regulations, with effect from 1st April, 2025, Mr. S. Ganesan, Company Secretary in practice (Membership Number FCS: 4779) was appointed as a Secretarial Auditor of the company for a period five years to hold office till the conclusion of 41st AGM of the Company to be held in the Year 2030 covering the period from the financial year ending 31st March 2026 till the financial year ending 31st March 2030 and the same has been approved by the Members of at its 36th Annual General Meeting held on 29th September, 2025

The Secretarial Auditor have confirmed that they have subjected themselves to the peer review process of Institute of Company Secretaries of India (ICSI) and hold valid certificate issued by the Peer Review Board of the ICSI. The Board/ Audit Committee reviews the independence and objectivity of the Secretarial Auditors and the effectiveness of the Audit process.

During the year under review, the Secretarial Auditors had not reported any matter under Section 143 (12) of the Act therefore no detail is required to be disclosed under Section 134 of the Act

The report of the Secretarial Auditors for FY 2025-26 is enclosed as Annexure-4 forming part of this Report. There has been no qualification, reservation, adverse remark or disclaimer given by the Secretarial Auditors in their Report

STATUTORY AUDITORS

M/s. P. Pattabiramen & Co, Chartered Accountants, [Firm Registration No.002609S], Chennai were appointed as the Statutory Auditors of the Company for another term of five years at the 36th Annual General Meeting till the conclusion of 41st Annual General Meeting of the Company. The Board was authorized to fix such remuneration as may be recommended by the Audit Committee in consultation with the Auditors.

Company has received their written consent and a certificate that they satisfy the criteria provided under Section 141 of the Act and that the appointment, if made, shall be in accordance with the applicable provisions of the Act and rules framed thereunder

The Report given by M/s. P. Pattabiramen & Co on the financial statements of the company for the financial year 2025-26 contains a qualified opinion and a Statement of Impact on Audit Qualification has been submitted by the Company to the Stock Exchange.

The Audit Report given by M/s. P. Pattabiramen & Co on the financial results for the quarter and year ended March 31, 2026 was approved by the Board of Directors in their meeting held on 28th May, 2026.

The Statutory Audit report for the financial year 31st March, 2026 contains observation and clarification by the Board is given as under:

	Auditors Observation	Managements Reply
1.	Based on information provided to us by management, the Standalone Financial Statements consists of a Rs.1,09,96,636/- under Other Non-Current Assets Electricity Subsidy. As per explanations received; this is Electricity Subsidy and receivable pending for a long period. In the absence of adequate information with regard to their present status, we are unable to ascertain the recoverability of this balance.	1. The management is in the process of recovering the electricity subsidy amounting to Rs.1,09,96,636/-. Hence the same is considered as recoverable.

INTERNAL AUDITOR

The Company has appointed qualified Chartered Accountants as the Internal Auditor of the Company for the financial year 2026-27

The Internal Auditors carry out audit as per the audit plan defined by the Audit Committee and regularly updates the committee on their internal audit findings at the Committees meetings. The Internal Auditors were satisfied with the management response on the observation and recommendations made by them during the course of their audit and have expressed satisfaction with the internal systems, controls and process followed by the Company.

COST AUDITOR

In terms of Section 148 of the Companies Act, 2013 read with Companies (Cost records and Audits) Rules, 2014, as amended from time to time the business activities of the company do not fall under the scope of mandatory cost audit.

AUDIT COMMITTEE

The Audit Committee consists of three (3) Directors. All the members of the Audit Committee have accounting, financial and management expertise. The composition, powers, role and terms of reference of the Committee are constituted as per the Section 177 mentioned under the Companies Act, 2013 and Regulation 18 of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015).

The Audit Committee reviews the audit reports submitted by the Internal Auditors and Statutory Auditors, financial results, effectiveness of internal audit processes and the Companys risk management strategy as per the regulatory requirements mandated by the Companies Act, 2013 read with Schedule II of the SEBI Regulations, 2015.

During the financial year under review, Four (4) Audit Committee meetings were held on the following dates: May 23, 2025; August 13, 2025; November 11, 2025; and February 13, 2026. All recommendations made by the Audit Committee were accepted by the Board of Directors.

The present Audit Committee consists of the following Directors. Details of the meetings and directors attendance are provided below:

Name of the Member	Category	Status	Meetings Held	Attended
Mr. S. A. Premkumar	Non executive, Director	Member	4	4
Dr. M. Ramasamy (1)	Non executive, Independent Director	Member	4	1
Mrs. Preethi Natarajan (2)	Non executive, Independent Director	Member	4	2
G. Maheswara Reddy (3)	Non executive, Independent Director	Member	4	2
Mrs.Ashitha K (4)	Non executive, Independent Director	Chairperson	4	3

(1) Dr. M. Ramasamy retired from the position of Non-Executive, Independent Director of the Company with effect from 28th June, 2025, upon completion of his tenure of ten years as an Independent Director. Consequently, he ceased to be a Member of the Audit Committee with effect from the same date. The Committee places on record its sincere appreciation and gratitude for his valuable contributions, guidance and support during his tenure as a Member of the Audit Committee.

(2) Mrs. Preethi Natarajan retired from the position of Non-Executive, Independent Director of the Company with effect from 29th September, 2025, upon completion of her tenure of ten years as an Independent Director. Consequently, she ceased to be a Member of the Audit Committee with effect from the same date. The Committee places on record its sincere appreciation and gratitude for her valuable contributions, guidance and support during her tenure as a Member of the Audit Committee.

(3) Mr. G. Maheswara Reddy was appointed as a Non-Executive, Independent Director of the Company with effect from 29th September, 2025, in accordance with the applicable provisions of the Companies Act, 2013. He was subsequently appointed as a Member of the Audit Committee with effect from 11th November, 2025.

(4) Mrs. Ashitha K (DIN: 07233606) was appointed as a Non-Executive, Independent Woman Director of the Company with effect from 13th August, 2025, in accordance with the applicable provisions of the Companies Act, 2013. Consequent to her appointment, she was also appointed as a Member of the Audit Committee of the Company with effect from the same date.

NOMINATION AND REMUNERATION COMMITTEE

The Nomination and Remuneration Committee has been constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and is vested with the powers and responsibilities prescribed thereunder. During the year under review, the Committee comprised three Directors, namely Mr. S. A. Premkumar, Mr. G. Maheswara Reddy and Mrs. Ashitha K.

The Committee met once during the financial year, on 13th August, 2025, to consider and approve matters relating to the appointment/re-appointment of Independent Directors and Managing Directors, and to take note of the expiry of the tenure of Independent Directors, among other related matters.

The present composition of the Nomination and Remuneration Committee is as follows. The details of the meetings held during the year and the attendance of the Committee members are provided below:

Name of the Member	Category	Status	Meetings Held	Attended
Mr. S. A. Premkumar	Non executive, Director	Member	1	1
Dr. M. Ramasamy (1)	Non executive, Independent Director	Member	1	0
Mrs. Preethi Natarajan (2)	Non executive, Independent Director	Member	1	1
G. Maheswara Reddy (3)	Non executive, Independent Director	Member	1	0
Mrs.Ashitha K (4)	Non executive, Independent Director	Chairperson	1	1

(1) Dr. M. Ramasamy retired from the position of Non-Executive, Independent Director of the Company with effect from 28th June, 2025, upon completion of his tenure of ten years as an Independent Director. Consequently, he ceased to be a Member of the Nomination and Remuneration Committee with effect from the same date. The Committee places on record its sincere appreciation and gratitude for his valuable contributions, guidance and support during his tenure as a Member of the Nomination and Remuneration Committee.

(2) Mrs. Preethi Natarajan retired from the position of Non-Executive, Independent Director of the Company with effect from 29th September, 2025, upon completion of her tenure of ten years as an Independent Director. Consequently, she ceased to be a Member of the Nomination and Remuneration Committee with effect from the same date. The Committee places on record its sincere appreciation and gratitude for her valuable contributions, guidance and support during her tenure as a Member of the Nomination and Remuneration Committee

(3) Mr. G. Maheswara Reddy was appointed as a Non-Executive, Independent Director of the Company with effect from 29th September, 2026, in accordance with the applicable provisions of the Companies Act, 2013. He was subsequently appointed as a Member of the Nomination and Remuneration Committee with effect from 11th November, 2025.

(4) Mrs. Ashitha K (DIN: 07233606) was appointed as a Non-Executive, Independent Woman Director of the Company with effect from 13th August, 2025, in accordance with the applicable provisions of the Companies Act, 2013. Consequent to her appointment, she was also appointed as a Member of the Nomination and Remuneration Committee of the Company with effect from the same date.

STAKEHOLDERS RELATIONSHIP COMMITTEE

The Stakeholders Relationship Committee has been constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 to oversee and redress the grievances of security holders and to consider and approve matters relating to the issue of share certificates, transfer, transmission, and other related activities concerning securities of the Company.

The Board of Directors reconstituted the Stakeholders Relationship Committee at its meetings held on 13th August,

2025 and 11th November, 2025. Pursuant to such reconstitution, the Committee consists of four Directors, namely Mr. S. A. Premkumar, Mr. S. Elangovan, G. Maheswara Reddy and Mrs. Ashitha K.

During the year under review, the Committee met twice, on 8th June, 2025 and 28th October, 2025. The present composition of the Committee, together with the details of the meetings held and attendance of its members, is provided below:

Name of the Member	Category	Status	Meetings Held	Attended
Mr. S. A. Premkumar	Non executive, Director	Member	2	2
Dr. M. Ramasamy (1)	Non executive, Independent Director	Member	2	0
Mrs. Preethi Natarajan (2)	Non executive, Independent Director	Member	2	1
G. Maheswara Reddy (3)	Non executive, Independent Director	Member	2	0
Mrs.Ashitha K (4)	Non executive, Independent Director	Chairperson	2	1

DIRECTORS/ KMP REMUNERATION

The Managing Director and Executive Director do not draw any salary from the company. It is hereby affirmed that the remuneration of Directors and Key Managerial Personnel are as per the Remuneration Policy of the Company. Independent Non-Executive Directors are appointed for their professional expertise in their individual capacity.

RELATED PARTY TRANSACTIONS

All the transactions with the related parties were entered into by the Company during the period under review were in the ordinary course of business and at arms length basis. Prior omnibus approval is obtained for related party transactions which are of repetitive nature and entered in the ordinary course of business and at arms length. All related party transactions are placed before the Audit Committee for review and approval. The Related Party Disclosure in Form No AOC-2 is attached with this report as Annexure -3

The Company is neither a holding company nor a subsidiary Company and hence the disclosure under Regulation 34(3) and 53(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, are not furnished.

GENERAL SHAREHOLDER INFORMATION

Annual General Meeting:	Tuesday, September 29, 2026 at 11.30 am through VC/OAVM facility
Deemed Venue:	Registered Office: No. 5, Ranganathan Gardens, 15th Main
	Road Extension, Anna Nagar, Chennai 600 040
Financial year:	April 1, 2025 to March 31, 2026
Book Closure:	Wednesday,23rd September, 2026 to
	Tuesday, 29th September, 2026 (both days inclusive)
E-Voting Period:	From 9.00 a.m. on Saturday, 26th September, 2026 up to 5.00 p.m. on Monday, 28th September, 2026
Cut-off date/Record date for e-voting	22nd September, 2026
Listing on Stock Exchange:	BSE Limited
Registrar and Share Transfer Agent:	Cameo Corporate Services Limited
ISIN/Scrip code	INE594D01018 Scrip Code : 513452

In view of the Ministry of Corporate Affairs (MCA) vide General Circular No. 03/2025 dated 22.09.2025 has clarified that, in continuation to this Ministrys General Circular No. 20/2020 dated 05.05.2020, General Circular No. 02/2022 dated 05.05.2022, General Circular No. 10/2022 dated 28.12.2022, General Circular No. 09/2023 dated 25.09.2023 and General Circular No. 09/2024 dated 19.09.2024 and after due examination, it has been decided to allow companies to conduct their AGMs through VC/OAVM, till further orders, in accordance with the requirements laid down in Para 3 and Para 4 of the General Circular No. 20/2020 dated 05.05.2020.

In accordance with the said circulars of MCA, SEBI and applicable provisions of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (hereinafter referred as "Listing Regulations"), the 37th

AGM of our Company shall be conducted through Video Conferencing which does not require physical presence of members at a common venue. The deemed venue for the 37th AGM shall be the Registered Office of the Company The Notice of the 37th AGM and Annual Report for the year 2026 will be available on the website of the Company at www.elangoindustries.com and on the website of the BSE Limited at www.bseindia.com for download

The Company is providing remote E-voting facility to all members to enable them to cast their votes electronically on all resolutions set forth in the Notice. This is pursuant to section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The instructions for remote E-voting are provided in the Notice.

Members are requested to read the general instructions for accessing and participating in the 37th AGM through VC/OAVM Facility and voting through electronic means including remote e-Voting as set out in the Notice of 37th AGM

BOARD EVALUATION

The Companies Act and Listing Regulations relating to Corporate Governance contain provisions on evaluation of the performance of the Board and its Committees as a whole and Directors including Independent Directors, Non-

Independent Directors and Chairperson individually. In pursuant thereof, annual evaluation of performance of the Board, working of its committees, contribution and impact of individual directors has been carried out through a questionnaire for peer evaluation on various parameters.

PARTICULARS OF EMPLOYEES

The statement containing particulars in terms of Section 197(12) of the Companies Act, 2013 read with rule 5 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 forms part of this report and is appended herewith as Annexure- 2 to the Boards report.

INFORMATION ABOUT SUBSIDIARY/ HOLDING/ JV/ ASSOCIATE COMPANY

The company has no subsidiaries, holding, joint venture or associate company.

OTHER DISCLOSURES

NATURE OF BUSINESS OF THE COMPANY

There has been no change in the nature of the business of the company during the year in review.

DEPOSITS

During the year, the Company did not accept any deposits from the public.

EXTRACT OF ANNUAL RETURN

In terms of Section 92(3) of the Companies Act, 2013 and Rule 12 of the Companies (Management and Administration) Rules, 2014, the Annual Return of the Company is available on the website of the Company at https://www.elangoindustries.com

LOANS, GUARANTEES OR INVESTMENTS

The Company has given a fixed deposit its name, as security to a one-time inland letter of credit facility availed by its group Company, which comes within the purview of Section 185 of the Companies Act, 2013. The approval of shareholders had obtained by the Company at the Extraordinary General Meeting held on 21st March, 2022

WHISTLE BLOWER POLICY/ VIGIL MECHANISM

The Company has a whistle blower policy to report genuine concerns or grievances. Your company hereby affirms that no complaint was received during the year.

SECRETARIAL STANDARDS

During the Financial Year, your Company has complied with applicable Secretarial Standards i.e. SS-1 and SS-

2, relating to "Meetings of the Board of Directors" and "General Meetings", respectively

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION AND FOREIGN EXCHANGE OUTGO

Since the company has no manufacturing activities, at present details are not furnished.

ENVIRONMENT & SAFTEY

The Company is very conscious of the need to protect environment. The company is taking all possible steps for safe guarding the environment.

RISK MANAGEMENT

As already stated since the company has no activities there are no assets which are active. Hence the company has not framed any risk management policy.

CODE OF CONDUCT

The Board of Directors has adopted a Code of Ethics and Business Conduct for the Directors and Senior Personnel. The Code is a comprehensive one applicable to all Directors, Executive and Non-Executive, and members of Senior Management. The Code has been circulated to all the members of the Board and senior personnel and they have affirmed compliance of the same.

CERTIFICATE UNDER REGULATION 34 OF SEBI (LODR) REGULATIONS, 2015

Pursuant to Regulation 34(3) and Schedule V Para C Clause (10)(i) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 a certificate received from a Company Secretary in practice is enclosed as Annexure- 5

DISCLOSURE UNDER THE SEXUAL HARASSEMENT OF WOMEN AT WORKPLACE (PREVENTION, PROHIBITION & REDRESSAL) ACT, 2013

The Company has in place an Anti-Sexual Harassment Policy in line with the requirements of The Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013. An Internal Complaints Committee (ICC) has been set up to redress complaints received regarding sexual harassment and all employees (permanent, contract, temporary, trainees) are covered under this policy. The Company has not received any complaint of sexual harassment during the year 2025-26 under review.

CAUTIONARY STATEMENT

Statements in this Annual Report, particularly those relating to Management Discussion and Analysis describing the Companys objectives, projections, estimates and expectations, may constitute ‘forward-looking statements within the meaning of applicable laws and regulations. Although the expectations are based on reasonable assumptions, the actual results might differ.

ACKNOWLEDGEMENT

The Board takes this opportunity to thank all employees for their commitment, dedication and co-operation.

	For and on behalf of the Board of Directors
	Elango Industries Limited
Place: Chennai	S. Elangovan	S. A. Premkumar
Date: 28.05.2026	Managing Director	Director
	(DIN: 01725838)	(DIN: 00342952)