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Tirupati Graphite Plc ( (GB:TGR) ) has issued an update.
Tirupati Graphite has implemented a sub-division of its ordinary shares, splitting each existing £0.025 share into a new £0.01 ordinary share and a £0.015 deferred share that carries no voting or dividend rights and is effectively valueless. The new ordinary shares will take effect on 14 January 2026, but the company’s London listing remains suspended pending the delayed publication of its annual report for the year to 31 March 2025, half-year results to 30 September 2025 and an FCA-approved prospectus, with further updates on these disclosures and the lifting of the suspension to follow in due course.
More about Tirupati Graphite Plc
Tirupati Graphite Plc is a specialist producer of flake graphite, a critical mineral used in the global energy transition and decarbonised economy. The company focuses on green applications such as renewable energy, e-mobility, energy storage and thermal management, and operates primary mining and processing assets in Madagascar at the Sahamamy and Vatomina projects, which together have a potential nameplate capacity of 36,000 tonnes per annum, subject to permits and ongoing work. Tirupati also holds two natural graphite projects in Mozambique, including the Montepuez project permitted for 100,000 tonnes per annum, though these remain under force majeure.
Technical Sentiment Signal: Sell
Current Market Cap: £8.09M
For an in-depth examination of TGR stock, go to TipRanks’ Overview page.