Next bankruptcy |
More news please. |
Wow. What now? |
Lots of news/changes. Let us hope that the company will emerge stronger and once the suspension is removed get a better market valuation. Soon please..... |
It looks like this restructuring has been a complete rescue operation after Poddar ground everything to a halt. Anyway, this is all positive and hopefully we’ll be up and running again soon |
How come there's a Notification of Major Holdings from 3% to over 19% when the share is suspended? |
Particularly like this quote...
We have positive momentum to continue the evolution of Tirupati into a leading global graphite Company |
SP Angel . Morning View .
Tirupati Graphite (TGR LN) SUSPENDED – Management Changes
Graphite producer Tirupati provides an update on management changes.
The Company has appointed co-CEO Anthony James Nieuwenhuys, who was previously a director of Eurasia and currently serves as CEO of Zeb Nickel.
Full executive powers are being transferred from Shishir Poddar to Mr Nieuwenhuys ‘over the course of time.’
The Company is also working to appoint an interim-CFO.
Tirupati has also engaged ‘an experienced and qualified mining industry accounting and finance professional, located in India’ to support the ongoing audit.
Mark Rollins was appointed as Executive Chairman of the Company last week. |
Lots going on here and should be good when suspension is lifted |
Agreed; new extension to 31 March 2025 was announced yesterday
as part of the additional BoD restructuring,
so we now have yet another 3mths to wait.
This is as painful as pulling teeth. |
It all looks like things are coming together. |
So new Chairman and: The Company is pleased to confirm that Companies House has granted the Company an extension to 31 March 2025 for submission and publication of the audited annual report and financial statements. |
>FLC: I don't understand the point about 31st March. I'm not sure that is an extension, just the letter of the law.
On 10 October 2024 the TGR Corporate & Operations Update said:
''Audit and Annual Report: Companies House has granted TGR an extension to 31dec2024 for submission and publication of the audited annual report and financial statements.
TGR has appraised the FCA of its status and this extension.
The audit for the Company's annual accounts is substantially completed; pending items relate to certain treatments under provisions of IFRS influenced by the liquidity position, which the Company is engaged in resolving.''
As far as I am concerned, we are due an update, imminently. |
Ah. Thanks. |
According to Companies House it would appear they have an extension to 31st March. |
Not looking good so far!? |
So tomorrow is make or break. |
Report no later than next week! |
Well I think the report has to be out by the 31st. Two weeks to go. |
Murat Dogan Erden: A seasoned CFO with extensive experience in debt & capital markets, governance, and financial strategy, and an FCA-approved Non-Executive Director and Chairman in private equity, specialising in sustainable strategies in Africa. Mr. Erden is currently a director of Arch Emerging Markets Partners Limited. Mr. Erden was previously a Non-Executive Director of the Company from October 2023 to March 2024 |
Anthony James Nieuwenhuys: An experienced CEO of listed mining companies, with deep expertise in operational leadership and corporate governance. Mr Nieuwenhuys is currently a director and CEO of TSX listed Zeb Nickel Corp and Kopanag Gold Empowerment company, having previously been a director of AIM listed Eurasia Mining PLC |
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