Public limited company · est. 1989 · Chennai, Tamil Nadu
Elango Industries Limited is the listed parent of a Tamil Nadu power and industrial group spanning gas-based captive generation, power trading, and solar energy.
About the company
Elango Industries Limited was established in 1989 and spent its first decade manufacturing steel ingots. In 2005, the company moved into the power sector through its investment in Kaveri Gas Power Ltd, an independent gas-based generation venture, and has stayed focused on power and energy since.
The company came to market with a public issue in 1993 and has been listed on the Chennai, Ahmedabad and Mumbai stock exchanges. Today it trades on the BSE under scrip code 513452, with a shareholder base of roughly 8,500, concentrated mostly in Chennai and Mumbai.
Alongside the listed entity, the wider group has grown into power trading and solar energy — see the group companies page for how the pieces fit together, or read the full company history and board.
What the group does
Generation, trading and solar are run as connected parts of the same power business, not separate bets.
Captive power generation running on gas engines, supplying industrial off-takers directly through the TNEB grid under group company Kaveri Gas Power Ltd.
Power trading operations for group and third-party generation capacity, run out of Chennai through Cauvery Power Trading.
Group-captive solar generation under Cauvery Solar P Ltd, adding a renewable leg alongside the gas-based capacity.
Investors
Elango Industries Limited trades on the Bombay Stock Exchange under scrip code 513452. Visit the investors page for listing details and upcoming disclosures.