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Elango Industries' board has approved the financial results for the quarter. The company reported a net loss of ₹0.0489 Cr, with total revenue at ₹0.2136 Cr. Auditors issued a qualified opinion regarding ₹1.10 Cr in long-pending electricity subsidy receivable, citing uncertainty over its recovery. Key board changes include the re-appointment of Mr. S. Elangovan as Managing Director for five years and the appointment of Mrs. Ashitha K as an Independent Director, who will also chair audit, remuneration, and stakeholder committees. The company also appointed new Secretarial, Statutory, and Internal Auditors, pending shareholder approval.