ELANGO INDUSTRIES LIMITED (EIL)
A Public Limited Company established
in 1989 and was manufacturing Steel
Ingots from 1991 to 2003. Decided to
enter into power sector through its
investment in Kaveri Gas Power Ltd, an
SPV, in 2005.
Promoted by Mr. S. Elangovan, Managing
Director, of the Company came with
Public Issue in 1993 for Rs. 2.63
Corers. Listed in Chennai, Ahmedabad
and Mumbai Stock Exchanges, with
Shareholders strength of 8500 mostly
from Chennai and Mumbai. The Equity
base is 3.81 Crores.