WEP Solutions Ltd — Important, 14-05-2026: Company Update

WeP Solutions has received a favorable order from the tax appellate tribunal, setting aside an entire service tax demand of Rs 4.25 crore, which included applicable interest and penalty. This demand was related to service tax for managed printing services from April 2011 to June 2012. This amount was previously recorded as a contingent liability. The favorable ruling means this tax matter is now fully resolved, with no impact on the company’s financial, operational, or other activities.