Angel Fibers Limited announced at the board meeting held on November 20, 2020 that the company has approved Resignation of Ms. PRAFULABEN ASHOKBHAI DUDHAGARA from the post of Executive Director and resignation of Mr. ANKUR BAKULESH JANI from the post of Non-Executive Director. The company approved Resignation of Mr. ASHOK MAVJIBHAI DUDHAGARA from the post of Chairman. The resignation was due to takeover/open offer and change in control of management of the company.