Fujiyama Power Systems Limited — Important, 29-04-2026: Disclosure of material issue

Bureau of Indian Standards (BIS) conducted a search and seizure operation at SUTL Solar's Bawal facility, seizing products worth INR 1.9 Cr.

**Issue:** BIS alleges non-compliance with standards for certain products.

**Possible Impact:** While the company states no material impact on operations, the seizure could lead to further regulatory action or reputational concerns.

**Company Response:** SUTL Solar is cooperating fully with BIS and has submitted a formal response regarding a prior inspection at its Noida facility. The company is consulting legal advisors for the release of seized products and believes there's no apparent basis for the violation.