Tirupati Graphite Plc (GB:TGR) has released an update.
Tirupati Graphite Plc, a graphite producer focused on green applications, faces a boardroom shake-up as a group of shareholders with a 5.8% stake called for a general meeting to replace current directors with their nominees. The company’s board has advised shareholders to vote against the proposed changes, warning that the new appointees lack industry expertise and their election could harm the company’s future. Tirupati Graphite operates significant graphite projects in Madagascar and Mozambique, serving global customers with high-purity products.
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