26 October 2023
Tirupati Graphite plc
('Tirupati' or the 'Company')
Annual General Meeting Statement and Result
Tirupati Graphite plc (TGR.L, TGRHF.OTCQX), the specialist Flake Graphite company and supplier of the critical mineral for the global energy transition, held its Annual General Meeting ('AGM') at 10:00 am today, 26 October 2023, and all resolutions proposed in the notice of meeting sent to the shareholders and dated 03 October 2023 were duly passed on a show of hands.
Shishir Poddar, Executive Chairman, made the following comments:
"It is an opportune time at which we have completed the first phase of our development and continue to evolve our strategies to move towards our goals. The energy transition economy provides huge opportunities to us and as we continue our progress we are preparing for the next stage of our development."
"We thank all our shareholders for the support they have provided to our endeavors, for participating in the online pre AGM presentation we had yesterday and for their time for attending the AGM. We will continue to keep the markets updated with our progress and look forward to a productive year ahead."
ENDS
For further information, please visit https://www.tirupatigraphite.co.uk/ or contact:
| Tirupati Graphite Plc Puruvi Poddar - Chief of Corporate & Business Development |
+44 (0) 20 39849894 |
| Optiva Securities Limited (Broker) Ben Maitland - Corporate Finance Holly Ritson - Corporate Broking |
+44 (0) 20 3034 2707 +44 (0) 20 3981 4173 |
| FTI Consulting (Financial PR) Ben Brewerton / Nick Hennis / Lucy Wigney |
+44 (0) 20 3727 1000 tirupati@fticonsulting.com |
About Tirupati Graphite
Tirupati Graphite Plc is a specialist Graphite producer and a supplier of critical minerals for a decarbonised economy and the energy transition. The Company places a special emphasis on green applications, including renewable energy, e-mobility, energy storage, and thermal management, and is committed to ensuring its operations are Sustainable.
The Company's operations include primary mining and processing in Madagascar, where the Company operates two key projects, Sahamamy and Vatomina with a combined 30,000 tpa currently installed capacity, producing high-quality Flake Graphite concentrate with up to 97% purity and selling to customers globally.
The Company has also acquired two advanced stage, and world class, natural Graphite projects in Mozambique, and has commenced work to optimise the economics for development of the construction initiated Montepuez project, which is permitted for 100,000tpa.