This is to certify that in order to comply with Regulation 27(2) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 read with Regulation 15 (2) (a) of Chapter IV of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Paid up capital of the Company Elango Industries Limited is not exceeding Rs. 10 Crores i.e. Rs. 3 81 61 000/- (Rupees Three Crore Eighty One Lakhs Sixty One Thousand Only) and the Net worth is less than Rs. 25 Crores i.e. Rs. 4 83 26 623/- (Rupees Four Crore Eighty Three Lakhs Twenty Six Thousand Six Hundred Twenty Three Only) as on the last day of the previous financial year i.e. 31st March 2018.
Therefore it is not required to submit Report on corporate Governance for the Quarter ended on 31st March 2019.