Tirupati Graphite Plc (GB:TGR) has released an update.
Tirupati Graphite Plc, a specialist flake graphite company, has urged shareholders to vote against a requisition to overhaul its board, emphasizing the risks of removing directors with critical sector knowledge for proposed ones lacking mining expertise. The company is addressing board structure concerns and working capital issues, while advancing its downstream business strategy despite challenges. Removing the current board, they argue, could be detrimental to the company’s future progress and shareholder value.
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