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BREAKING: Tirupati Graphite fires Shishir Poddar from board – what were its advisors thinking last summer?

By Tom Winnifrith | Wednesday 29 January 2025


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Two weeks ago Tirupati (TG) announced that its founder, largest shareholder and co CEO had been suspended with immediate effect “pending further investigation by the Company.” It did not say what was being investigated. Today we were told that “ Shishir Poddar's role as director of the Company has been vacated, with immediate effect.”. I.e. he has been fired.
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