Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) has issued a new statement responding to what it described as a ‘campaign’ by a group including shareholders that have requisitioned a vote to oust and replace the company’s board.
It comes ahead of the AGM which is scheduled for 11 June.
“The requisitioning group has made a number of accusations against the company both in its requisition letter and in a subsequent social media campaign, all of which the company refutes,” the statement said.
The requisitioning shareholders own around 5.8% of the company.