India, Jan. 5 -- WEP Solutions Ltd, in a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informed that its subsidiary, StarlinePS Enterprises Limited, has executed a memorandum of understanding (MoU) on January 5, 2026, to acquire a 12.15 percent stake in Tobias Amines Limited from its promoters and exiting shareholders.
Separately, the company disclosed receipt of a demand order from the Assistant Commissioner/GSTO, Delhi, relating to excess availment of input tax credit for FY 2021–22. The demand comprises GST of Rs 43,572, interest of Rs 29,287 and a penalty of Rs 40,000.
WEP Solutions said there is no material impact of the GST demand on its financials, opera...