WeP Solutions Limited has successfully concluded its postal ballot process, with shareholders approving all four resolutions through remote e-voting on May 17, 2026 — the last date of e-voting. The ballot was initiated pursuant to a Postal Ballot Notice dated April 2, 2026, and covered key board-level appointments and associated remuneration approvals. The e-voting facility was provided by National Securities Depository Limited (NSDL), with the voting window open from 9:00 AM on April 18, 2026, to 5:00 PM on May 17, 2026. The record date for determining eligible shareholders was April 10, 2026, with a total of 7,683 shareholders on record.

Resolutions Considered

The company sought member approval on the following four resolutions:

• Resolution 1 (Ordinary): Appointment of Mr. Vineet Agrawal (DIN: 02370129) as Whole Time Director designated as Executive Vice Chairman.
• Resolution 2 (Special): Approval for payment of remuneration to Mr. Vineet Agrawal (DIN: 02370129) as Whole Time Director designated as Executive Vice Chairman.
• Resolution 3 (Ordinary): Appointment of Mr. Nisar Ali Shah (DIN: 11614781) as Whole Time Director.
• Resolution 4 (Special): Approval for payment of remuneration to Mr. Nisar Ali Shah (DIN: 11614781) as Whole Time Director.

The promoter and promoter group held 15,150,395 shares, while public non-institutional shareholders held 3,819,541 shares, bringing the total shares to 18,969,936.

Voting Results: Resolutions 1 & 2 (Vineet Agrawal)

Both resolutions pertaining to Mr. Vineet Agrawal received strong shareholder support. The promoter and promoter group voted 100% in favour, while public non-institutional shareholders recorded 97.9118% votes in favour. The detailed results are as follows:

A total of 67 members voted in favour, casting 1,88,90,178 votes (99.5% of valid votes), while 4 members voted against, casting 79,758 votes (0.42% of valid votes).

Voting Results: Resolutions 3 & 4 (Nisar Ali Shah)

Resolutions relating to Mr. Nisar Ali Shah also passed with an overwhelming majority. The promoter and promoter group again voted 100% in favour, with public non-institutional shareholders recording 97.9115% votes in favour. The detailed results are as follows:

A total of 66 members voted in favour, casting 1,88,90,165 votes (99.5% of valid votes), while 5 members voted against, casting 79,771 votes (0.42% of valid votes).

Scrutinizer's Report and Process Compliance

The postal ballot process was scrutinized by Vinay B L (Membership No. F9159, CP No. 10760) of Vinay & Ashwini Company Secretaries, appointed by the Board of Directors at its meeting on April 2, 2026. The scrutinizer's report was issued on May 18, 2026, from Bangalore, confirming that all four resolutions were passed with the requisite majority. The e-voting data was downloaded from NSDL's platform in the presence of two independent witnesses. The voting results are available on the company's website at www.wepsol.com . The disclosure was filed with BSE Ltd. by Ankita Karnani, Company Secretary and Compliance Officer (M. No. A33634), on May 18, 2026.

wep solutions Limited has received a favorable order from the Customs, Central Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore, setting aside a service tax demand pertaining to managed printing services. The communication was received by the company on 13th May 2026, and the development was disclosed to BSE Ltd on 14th May 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

CESTAT Order Details

The appellate order relates to a service tax demand for the period April 2011 to June 2012 under the category of Supply of Tangible Goods. The original order, which had been challenged before the CESTAT, pertained to demand of service tax on managed printing services. The tribunal has now set aside the entire demand in its ruling. The key details of the order are summarised below:

Financial and Operational Impact

WeP Solutions has clarified that the favorable CESTAT order carries no impact on the financial, operational, or other activities of the company. The amount that was the subject matter of the appellate order had been reflected as a contingent liability in the company's financials. With the demand now set aside in its entirety—including applicable interest and penalty—the contingent liability stands resolved in the company's favour.

The disclosure was signed by Ankita Karnani, Company Secretary and Compliance Officer of WeP Solutions Limited, and submitted to the Department of Corporate Services, BSE Ltd.