WEP Solutions Ltd — Important, 30-05-2026: Company Update

The company has received a demand order from the Assistant Commissioner of Customs regarding alleged misclassification of goods in a bill of entry. This order imposes customs duty, interest, and a penalty totaling Rs 459,566. The company notes that the original customs duty and interest related to this matter were previously remitted. The company plans to appeal this order to the First Appellate Authority after evaluating the costs and benefits. Management states there will be no impact on the company's financial, operational, or other activities.