Tirupati Graphite provides audit update and appoints new CFO

Tirupati Graphite plc (LON:TGR), the specialist flake graphite company and producer of this critical mineral for the global energy transition, has announced an update on its progress towards completion of its audited report and accounts for the year ended 31 March 2024, provides an operational update, and the appointment of a Chief Financial Officer.

Statutory Audit Progress Update

At the initiation of the newly appointed directors, following a meeting with the statutory auditor, Johnson’s Chartered Accountants, work towards the completion of the statutory audit for the year ended 31 March 2024 has resumed.

The Company will provide an update on the timetable for the release of the audited report and accounts in due course.

CFO Appointment

The Company has appointed Mr Peter Thomas as Interim Chief Financial Officer, effective immediately (subject to the execution of a service agreement). To be based in London, Mr Thomas will immediately prioritise:

·    the completion of the statutory audit of the annual report & accounts for the year ended 31 March 2024;

·    assisting in closing short term financing arrangements (alongside the Company’s advisors);

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