The Company was originally incorporated in the name and style of as ‘Angel Fibers Private Limited’ at Rajkot on February 14, 2014 as a private limited company under the Companies Act, 1956 with the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently the Company was converted to public limited Company pursuant to shareholders resolution passed at the Extra-ordinary General Meeting held on December 7, 2017 and the name of Company was changed to ‘Angel Fibers Limited’. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli, on December 11, 2017.

Business area of the company:

The company is engaged in the business of spinning of cotton yarn. They are also trading in a by-product i.e. cotton waste. They develop, manufacture, market and support quality yarn products. The company offers cotton carded, combed, and compact yarns and trades in cotton waste products. Company products are used in making bed sheets, socks, knitted fabrics, shirting, sheeting and bottom weights etc. Angel Fibers sells its products in domestic and international markets.

Major Events and Milestones:

• 2014: Incorporation of the company
• 2015: Commencement of Commercial production
• 2017: Conversion of Private Limited Company to Public Limited Company