24-May-2022
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Elango
Elango Industries Limited has been providing Operations and Maintenance services to one of its group companies upon which NCLT has initiated Corporate Insolvency Resolution Process invoking the Corporate Guarantee provided it to one other Company. Hence Elango Industries Limited has currently suspended its operations.The Company is looking for other avenues to generate revenue and hopes to resume its operations at the earliest which shall be informed in due course.
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