https://newsletter.mw.creamermedia.com
Mining|Power|Operations
Mining|Power|Operations
mining|power|operations

Tirupati terminates Shishir Poddar as co-CEO, unspecified investigations continue

An image showing the Sahamamy graphite processing plant

Sahamamy graphite processing plant

19th February 2025

By: Tasneem Bulbulia

Deputy Editor Online

     

Font size: - +

London-listed Tirupati Graphite has terminated Shishir Poddar as co-CEO, with immediate effect.

The company says in a statement that it reserves its right to continue its investigations into all allegations it has received to date, which may result in further remedial or legal actions.

In January, the company announced that it had suspended Poddar and later removed him as director, pending further investigations, but did not provide further information as to what was being investigated.

Anthony James Nieuwenhuys will assume the role of sole CEO and lead the company during the next phase of its development. He was appointed as executive director and co-CEO alongside Poddar in January, in anticipation of a full executive power transfer to Nieuwenhuys in due course.

Nieuwenhuys is currently in Madagascar on his second site visit overseeing the continued ramp-up of the restarted production operations at Vatomina and liaising with the ground team, suppliers and officials.

“I very much look forward to continuing the journey of renewal of our company, with the new team and clear leadership of James as CEO. We are well positioned to take advantage of the favourable market conditions for graphite and further develop our company to become one of the leading companies in the sector,” Tirupati executive chairperson Mark Rollins comments.

Tirupati has had a host of executive and board changes in recent months. As previously reported by Mining Weekly, Tirupati in December announced a restructuring of its board, which included the appointments of Michael Lynch-Bell as nonexecutive chairperson, as well as Nieuwenhuys, Murat Erden and Christan St John-Dennis as nonexecutive directors, following a shareholder-requisitioned extraordinary general meeting.

However, Erden soon after resigned from his role as nonexecutive director, with immediate effect in February, to take up an external executive position. 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 21 March 2025
Magazine round up | 21 March 2025
21st March 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.116 0.191s - 145pq - 2rq
Subscribe Now