Business
Sub-Division of Ordinary Shares
Tirupati Graphite plc announced that, following a General Meeting, each existing ordinary share of £0.025 will be sub-divided into one new ordinary share of £0.01 and one deferred share of £0.015, effective January 14, 2026. The company's listing remains suspended, with further updates expected regarding its delayed annual report for the year ended March 31, 2025, half-year financial statements to September 30, 2025, and the publication of an FCA-approved prospectus, which will precede the lifting of the suspension. Disclaimer*
About this update from Total Graphite Plc
[{"type":"text","content":"\n\n12 January 2026\nTirupati Graphite plc\n('Tirupati' or the 'Company')\n \nSub-Division of Ordinary Shares\n \n \nTirupati Graphite plc (TGR.L), the specialist flake graphite company and supplier of the critical mineral for the global energy transition, announces the following further to the General Meeting of the Company (\"GM\") held on 6 January 2026.\nAt the GM, inter alia, a resolution was passed which approved the sub-division of each existing ordinary share of £0.025 into one new ordinary share of £0.01 (a \"New Ordinary Share\") and one deferred share of £0.015 (a \"Deferred Share\") (each such Deferred Share having no voting or dividend rights and effectively being worthless).\nThe New Ordinary Shares will become effective on 14 January 2026, however the Company's listing remains suspended. Further updates regarding, inter alia, the publication of the delayed annual report and accounts for the year ended 31 March 2025, together with delayed half year financial statements to 30 September 2025, the publication of an FCA- approved prospectus, and the lifting of the suspension will be made in due course.\nENDS\nFor further information, please visit https://www.tirupatigraphite.co.uk/ or contact: \n\n\n\n\nTirupati Graphite Plc\nMark Rollins - Executive Chairman\nAlastair Bath - Investor Relations\n\n\[email protected]\[email protected]\n+44 7356 057 265\n\n\n\n\n \nAbout Tirupati Graphite Plc\n \nTirupati Graphite is a specialist graphite producer and a supplier of the critical mineral for a decarbonised economy and the energy transition, with leading low development capital and operating costs. 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. \n \nThe Group's operations include primary mining and processing in Madagascar where the Group operates two key projects, Sahamamy and Vatomina, with a potential combined final nameplate production capacity of 36,000tpa, subject to permits and ongoing work at Vatomina, and redevelopment of Sahamamy, currently on care and maintenance. The Madagascar operations produce high-quality flake graphite concentrate with up to 97% purity and selling to customers globally. \n \nT...