Welspun Specialty Solutions Ltd — Important, 29-12-2025: Company Update

Welspun Specialty Solutions has received an order from the GST Authority, Gujarat, confirming a tax demand of approximately 4.09 Cr along with applicable interest, and a penalty of approximately 0.41 Cr. This order relates to an alleged excess claim of GST Refund on export of goods for FY 2021-2022. The company plans to file an appeal against this order, stating the demand is without merits and expects it to be set aside during appellate proceedings. Management believes there will be no material financial or operational impact.