Angel Fibers Ltd. Responds to Price Movement Inquiry
Angel Fibers Ltd. (Symbol: ANGEL, ISIN: INE339ZOI011) clarified its position regarding recent price movements in its scrip, responding to an inquiry from the BSE Limited dated March 24, 2026.The company stated that it has previously disclosed all information relevant to its operations, performance, and any price-sensitive data within the timeframe mandated by SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Angel Fibers Ltd. confirmed it has not withheld any material information and believes the observed price movement is attributable to market sentiment and supply/demand dynamics among existing and prospective investors. The company asserted that management has no involvement in, or control over, activities occurring on the stock exchange platform.
Rohankumar Raiyani, Managing Director (DIN: 08814726), made the statement from the company's Haripar, Jamnagar location on March 25, 2026.
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