IN FORCE Agenda SEZ / EOU / FTWZ 2018-04-04

Agenda for 82nd Meeting of the BOA for SEZ to be held on 4th April, 2018

Document text

No. F.2/1/2018-SEZ Government of India Ministry of Commerce and Industry Department of Commerce (SEZ Section).

Udyog Bhawan, New Delhi Dated the 23" March, 2018

OFFICE MEMORANDUM

Subject: 82" Meeting of the Board of Approval (BoA) for Special Economic Zones (SEZs) scheduled to be held on 4" April, 3018 at 11.30 A.M in Room No. 47 - forwarding of Agenda thereof — Reg. oo the In continuation to this Department’s O.M. of even number dated 14!" March, 2018 on the above mentioned subject, the undersigned is directed to enclose herewith the Agenda for and 82" meeting of the BoA for SEZs scheduled to be held on 4" April, 2018 for information necessary action. Soft copy of the agenda has also been hosted on the website: www.sezindia,gov.in, The addressees located outside Delhi are requested to download the agenda from the above mentioned website.

The addressees are requested to make it convenient to attend the meeting.

To

(L.V.Ravi) 4 1, /, 5 Director ~~” | 3 ‘i Tel: 2306 3960 Email: talla.ravi@nic.in

Central Board of Excise and Customs, Member (Customs), Department of Revenue, North Block, New Delhi. (Fax: 23092628).
Central Board of Direct Taxes, Member (IT), Department of Revenue, North Block, New Delhi. (Telefax: 23092107).

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Joint Secretary, Ministry of Finance, Department of Financial Services, Banking 4. Division, Jeevan Deep Building, New Delhi (Fax: 23344462/23366797). Joint Secretary, Department of Industrial Policy and Promotion, Udyog Bhawan, New Delhi.
Joint Secretary, Ministry of Shipping, Transport Bhawan, New Delhi. 6. Joint Secretary (E), Ministry of Petroleum and Natural Gas, Shastri Bhawan, New Delhi I
Joint Secretary, Ministry of Agriculture, Plant Protection, Krishi Bhawan, New Delhi. 8. Ministry of Science and Technology, Sc ‘G’ & Head (TDT), Technology Bhavan, Mehrauli Road, New Delhi. (Telefax: 26862512)
Joint Secretary, Department of Biotechnology, Ministry of Science and Technology,

)( i Floor, Block 2, CGO Complex, Lodhi Road, New Delhi - 110 003. 0. Additional Secretary and Development Commissioner (Micro, Small and Medium

~ Enterprises Scale Industry), Room No. 701, Nirman Bhavan, New Delhi (Fax: 23062315).

get

Secretary, Department of Electronics & Information Technology, Electronics Niketan, 6, CGO Complex, New Delhi. (Fax: 24363101)
Joint Secretary (IS-]), Ministry of Home Affairs, North Block, New Delhi (Fax: 23092569)
Joint Secretary (C&W), Ministry of Defence, Fax: 23015444, South Block, New Dethi.
Joint Secretary, Ministry of Environment and Forests, Pariyavaran Bhavan, CGO Complex, New Delhi — 110003 (Fax: 24363577)
Joint Secretary & Legislative Counsel, Legislative Department, M/o Law & Justice, A-Wing, Shastri Bhavan, New Delhi. (Tel: 23387095).
Joint Secretary, (Justice-I), Department of Legal Affairs, M/o Law & Justice, New Delhi (Tel: 2338 3037).

17, Secretary, Department of Chemicals & Petrochemicals, Shastri Bhawan, New Delhi 18. Joint Secretary, Ministry of Overseas Indian Affairs, Akbar Bhawan, Chanakyapuri, New Delhi. (Fax: 24674140)
19, Chief Planner, Department of Urban Affairs, Town Country Planning Organisation, Vikas Bhavan (E-Block), I.P. Estate, New Delhi. (Fax: 23073678/23379197)
1. Director General, Director General of Foreign Trade, Department of Commerce, Udyog Bhavan, New Delhi.

Director General, Export Promotion Council for EOUs/SEZs, 8G, 8" Floor, Hansalaya Building, 15, Barakhamba Road, New Delhi — 110 001 (Fax: 223329770)

22.Dr. Rupa Chanda, Professor, Indian Institute of Management, Bangalore, Bennerghata Road, Bangalore, Karnataka

Development Commissioner, Noida Special Economic Zone, Noida.

24, Development Commissioner, Kandla Special Economic Zone, Gandhidham.
25, Development Commissioner, Falta Special Economic Zone, Kolkata.

Development Commissioner, SEEPZ Special Economic Zone, Mumbai.
Development Commissioner, Madras Special Economic Zone, Chennai 28. Development Commissioner, Visakhapatnam Special Economic Zone, Visakhapatnam

29, Development Commissioner, Cochin Special Economic Zone, Cochin.

Development Commissioner, Indore Special Economic Zone, Indore.
Development Commissioner, Mundra Special Economic Zone, 4" Floor, C Wing, Port Users Building, Mundra (Kutch) Gujarat.
Development Commissioner, Dahej Special Economic Zone, Fadia Chambers, Ashram Road, Ahmedabad, Gujarat
Development Commissioner, Navi Mumbai Special Economic Zone, SEEPZ Service Center, Central Road, Andheri (East), Mumbai — 400 096
Development Commissioner, Sterling Special Economic Zone, Sandesara Estate, Atladra Padra Road, Vadodara - 390012
Development Commissioner, Andhra Pradesh Special Economic Zone, Udyog Bhawan, oo Floor, Siripuram, Visakhapatnam — 3

36, Development Commissioner, Reliance Jamnagar Special Economic Zone, Jamnagar, Gujarat

Development Commissioner, Surat Special Economic Zone, Surat, Gujarat
Development Commissioner, Mihan Special Economic Zone, Nagpur, Maharashtra
Development Commissioner, Sricity Special Economic Zone, Andhra Pradesh.
Development Commissioner, Mangalore Special Economic Zone, Mangalore. 41. Government of Andhra Pradesh, Principal Secretary and CIP, Industries and Commerce Department, A.P. Secretariat, Hyderabad — 500022. (Fax: 040-23452895).
Government of Telangana, Special Chief Secretary, Industries and Commerce Department, Telangana Secretariat Khairatabad, Hyderabad, Telangana.

(

Government of Karnataka, Principal Secretary, Commerce and Industry Department, Vikas Saudha, Bangalore — 560001. (Fax: 080-22259870)
Government of Maharashtra, Principal Secretary (Industries), Energy and Labour Department, Mumbai — 400 032.
Government of Gujarat, Principal Secretary, Industries and Mines Department Sardar Patel Bhawan, Block No. 5, 3rd Floor, Gandhinagar ~ 382010 (Fax: 079-23250844).
Government of West Bengal, Principal Secretary, (Commerce and Industry), IP Branch 4" Floor), SEZ Section, 4, Abanindranath Tagore Sarani (Camac Street) Kolkata — 700 016

47.Government of Tamil Nadu, Principal Secretary (Industries), Fort St. George, Chennai — 600009 (Fax: 044-25370822).

Government of Kerala, Principal Secretary (Industries), Government Secretariat, Trivandrum — 695001 (Fax: 0471-2333017).

49.Government of Haryana, Financial Commissioner and Principal Secretary), Department of Industries, . Haryana Civil Secretariat, | Chandigarh (Fax: 0172-2740526).
1. Government of Rajasthan, Principal Secretary (Industries), Secretariat Campus, Bhagwan Das Road, Jaipur ~ 302005 (0141-2227788).

Government of Uttar Pradesh, Principal Secretary, (Industries), Lal Bahadur Shastri Bhawan, Lucknow — 226001 (Fax:.0522-2238255).
Government of Punjab, Principal Secretary Department of Industry & Commerce Udyog Bhawan), Sector -17, Chandigarh- 160017.
Government of Puducherry, Secretary, Department of Industries, Chief Secretariat, Puducherry. i:

54.Government of Odisha, Principal Secretary (Industries), Odisha Secretariat, Bhubaneshwar — 751001 (Fax: 0671-536819/2406299).

Government of Madhya Pradesh, Chief Secretary, (Commerce and Industry), Vallabh Bhavan, Bhopal (Fax: 0755-2559974)
Government of Uttarakhand, Principal Secretary, (Industries), No. 4, Subhash Road, Secretariat, Dehradun, Uttarakhand
Government of Jharkhand (Secretary), Department of Industries Nepal House, Doranda, Ranchi ~ 834002.
Union Territory of Daman and Diu and Dadra Nagar Haveli, Secretary (Industries), Department of Industries, Secretariat, Moti Daman — 396220 (Fax: 0260-2230775).
Government of Nagaland, Principal Secretary, Department of Industries and Commerce), Kohima, Nagaland.
Government of Chattishgarh, Commissioner-cum-Secretary Industries, Directorate of Industries, LIC Building Campus, 2™ Floor, Pandri, Raipur, Chhattisgarh (Fax: 0771-2583651).

Copy to: PPS to CS/Sr. PPS to AS (BBS) / PA to Dir (TVR)

Agenda for the 82"! meeting of the Board of Approval to be held on 4" April, 2018 in the Room No.47, Udyog Bhawan, New Delhi

Item No. 82.1: Requests for extension of validity of formal approvals (2 proposals)

BoA in its meeting held on 14" September, 2012, examining similar cases observed as under: -

“The Board advised the Development Commissioners to recommend the requests for extension offormal approval beyond 5" year and onwards only after satisfying that the developer has taken sufficient steps towards operationalisation of the project andfurther extension is based on justifiable reasons. Board also observed that extensions may not be granted as a matter of routine unless some progress has been made on ground by the developers. The Board, therefore, after deliberations, extended the validity of the formal approval to the requests for extensions beyond fifth years for a period of one year and those beyond sixth yearfor a period of 6 months from the date of expiry of last extension”.

(i) _ Request of M/s. Indus Gene Expressions Ltd.-SEZ for further extension of the validity period of formal approval, granted for setting up of sector specific Bio-tech at Kodur village, Anantapur District, Andhra Pradesh for a period of one year beyond 13" February 2018.

Name of the developer ; M/s. Indus Gene Expressions Ltd. Sector : Bio-tech Location : Kodur village, Anantapur District, Andhra Pradesh

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----- Start of picture text ----- Extension : Formal approval to the developer was granted on 14.02.2011. The developer has been granted four extensions, last extension on 30.03.2017, validity period of which was upto 13.02.2018. The developer has requested for further extension upto 13.02.2019. The SEZ stands notified as on date. Present Progress: (a) Details of business Plan:- S.No | Type of cost Proposed Investment (Rs. ——S—SOWGS Tt [Land Gost in crores) CS Land scaping (i) Boundary walls, roads, drainage, | 5.50 water supply, electricity etc. (ii) | Ready built up research premises | 121.50 4.05 lakhs sfi@Rs.3000 (iv) | ContingenciesSEZ Office buildingsat 5% of project 0.40 cost ] ----- End of picture text -----

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(b) Incremental investment since last extension:-

|S.No.||TypeofCost|Total Investmentmade| Incremental|
|---|---|---|
|||so far (Rs. in crores) | investment since last|
|||incrores)|

2017-18 Incremental investment is including tentative investment of December 2017 and January 2018

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Other Related works to complete the project:

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----- Start of picture text ----- 3. | 6. | Wash Room Mirrors Jun-18 | 8. |GlassLifisatR&@D | 8 | __16.| Laptop andcomputers | Sep 18 | ----- End of picture text -----

Detailed Reasons for delay:

Many workersM/s. Indusincluding Gene expressionskilled, Ltdsemiis skilledlocated andin theunskilled remote areaworkersin Ananthapurare requiredDistrict.for executing the works and the developer informed that they are finding it difficult to find the workers due to remote location of the SEZ. One more difficulty the developer is facing is procuring of materials duty free, as many of the material suppliers are not aware of the SEZ provisions and about the exemptions. However, the developer is taking efforts to educate the suppliers about the provisions of SEZ for supply of materials duty free. As a result of all this, the implementation is getting delayed.

The developer has informed that all the efforts are being made and the facility will be ready mechanically by the end of September 2018, the commercial operations of the laboratory will start from October 2018.

Recommendation by DC

DC, VSEZ has recommended the proposal.

The request is placed before BoA for its consideration.

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(ii) | Request of M/s Frontier Lifeline Private Limited for further extension of the validity period of formal approval, granted for setting up of Bio-Technology SEZ at EDUR, Gummidipoondi, Tamilnadu for a period of one year beyond 27.11.2017.

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|---|---|---|---|---|---|---|
|Name of the Developer|:|M/s|Frontier|Lifeline|Private|Limited|
|Sector|:|Bio-Technology|Sector|
|Location|:|Edur|village,|Gummidipoondi,|Tiruvallur|Dt,|
|Tamilnadu|

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Extension : Formal approval to the Developer was granted on 28.11.2008. The developer has been granted six extensions, last extension on 19.01.2017 validity period of which was up to 27.11.2017. The Developer has requested for further extension up to 27.11.2018. The SEZ stands notified as on date.

Present Progress:

Project has been completed physically. Due to NPA issues with banks, commercial operations are delayed.

(a) Details of Business plan:- (as on 31.03.2017)

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|||||||||
|---|---|---|---|---|---|---|---|
|Type|of cost|Investment|made|(Rs.|In|Crores)|
|1,|| Land|Cost|7.00|
|2.|| Construction|Cost|181.86|
|(b)|Incremental|Investment|since|last|extension|
|S.No | Type|of cost|Total|investment|made ||Incremental|
|so|far|(Rs|In|Crores)|||Investment|
|upto|31.03.2017|(Rs.|In|Crores)|
|||t.{LandCost|700|NISince|last extension|
|19.35|
|162.51|
|||| Total|[188.86]|
|(c)|Details of|Physical Progress|till date:-|
|Activity|Completion|during|the|last one|year|Deadline|for|
|balance|work|
|Project|Rehabilitation||'TN|Govt|issued|order GO.Ms.217|March,|2018|
|(Finance)|on|17-7-17|& GFA|signed|on|
|21.07.2017|with TNIDB|&TNIFMC|

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|Due diligence|Completed by September2017 by<br>TNIFMC|NIL|
|---|---|---|
|Closure ofOTSwith <br>banks||TNIFMC is negotiating with banks vide|<br>letter dated 11-10-17||April, 2018|
|Allotment ofplots|Plots allotted to Athens Dx private Ltd.||June 2018|
||SEZ approved on 22-2-2017(No-||
||8/118/2017). NOC is awaited from||
||banks||
|Completion of|Vardha Cyclone damaged building &||April 2018|
|pending works|Equipment<br>in<br>November<br>2016.||
||Insurance amount delayed for want of||
||NOC from banks & repair work is held||
||up.||
|Commencement of<br>CRO& Animal|CRO Facilities allotted to Glocare labs|<br>P Ltd and SEZ approved on 31-5-2017||April 2018|
|studies|(8/125/2017)<br>. NOC<br>is awaited from||
||banks||
|Commencement of<br>operations|On receipt ofNOC from Banks , SEZ|<br>shallbemadeoperationalimmediately.||June2018|

The developer has cited the following reasons for delay:-

I.NPA:-TN Govt approved the Building plain 2010.CRZ ,Environmental &TN Pollution Board clearances in 2011 end. Till that time, construction was not allowed .SEZ project has been physically completed. Repayment of Loan (Rs 58.44 Crores) to SBI & BOB, started in June 2012. But CPCSEA -GOI approved Animal studies in 2014. The loan of Rs 9.5 crores was repaid to banks during 2012-14. Then because of our failure to settle loan amount (as per schedule), Banks declared as NPA w.e. from 1-9-2016.2. Vardha cyclone in November 2016, damaged the Research facilities &equipments (AC, Cooling tower, IBMS, Facade Glass, etc). Due to NPA, SBI prevented Royal Sundaram to pay claim Rs 50 Lakhs. We lost opportunities -research and scientific work. 3. Leasing land & Labs :7 companies were prepared to pay the money and 8 other companies were discussing for use ofl5 acres on 33 years& Lab space to Bio units .Banks refused to give NoC for Indian & foreign companies. 4.OTS:- TN Govt issued orders on 17-7-2017 for jointly developing a medical city as per the Vision 2023 .General Framework Agreement (GFA) signed with TNIDB and TNIFMC on 21-7-2017. The understanding is that TNIDB will bring in sufficient funds to retire the project loans taken from SBI/BoB. TNIFMC will bring additional capital, which will immediately operationalise the SEZ. TNIFMC sent a letter dated 11-10-17 to Deputy MD-SBI & Chairman-BOB regarding the one time settlement of loans. Under these circumstances.

Recommendation by DC DC, MEPZ has recommended the proposal.

The request is placed before BoA for its consideration.

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Item No. 82.2 : Requests for extension of validity of in-principle approval (one proposal)

(i) Proposal of M/s. Worldwide Oilfield Machine Pvt. Ltd. for extension of the validity of in-principle approval for setting up of a sector specific SEZ for Engineering at Village Kasurdi, Taluka Bhor, District Pune, Maharashtra, beyond 19.02.2018

In-principle approval was granted to the developer on 20.02.2017 over an area of 58.23 hectares. The validity of last extension was up to 19.02.2018

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(i) The Developer has stated that they have acquired and have legal possession with irrevocable rights on 34.07 ha (84.19 acres) of land as on date.
(ii) The Developer is in discussion and negotiation with owners of land for acquiring balance area (24.16 ha) of land so that they can apply for Formal Approval and Notification.

Reason for Delay:

The Developer has stated that the major reason for delay in acquisition of land is due to the fact that they were granted Land Ceiling Approval from Govt. of Maharashtra on 20.11.2017. Therefore, they started the land acquisition process after this approval.

three Also, for some parcels of the land, their owner farmers got expired during the last months and therefore, the process of their legal heir’s mutation is going on, which resulted in the delay of execution of sale deed.

the The Developer has also stated that considering the progress they are confident to acquire balance land as per minimum land requirement criterion of 50 Ha within next 5 to 6 months.

DC’s Recommendation:-

of one yearDC, SEEPZbeyond SEZ19.02.2018. has recommended the proposal for in-principle approval for a period

Item No. 82.3: Requests for extension of LoP beyond 3" Year onward (8 proposals)

(i) Request of M/s. Dr. Reddy’s Laboratories Limited, FTO SEZ process Unit-II in DRL-SEZ for extension of Letter of Permission (LoP) beyond 25.02.2018 for fourth extension up to 25.02.2019

e LoP issued on : 26.02.2014 e Nature of business of the Unit : Manufacture of formulations — Ointments/Gels e No. of Extensions : 3 (Three) DC, VSEZ e LOP valid upto : 25/02/2018 e Request for ’ : Further extension for one year upto 25/02/2019

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Present progress:

(a) Details of business plan:

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----- Start of picture text ----- SI. No. | Type of cost Proposed investment (Rs. in crores) 1. Manufacture of 177.34 pharmaceutical formulations — Total [S773Ointments/Gels ----- End of picture text -----

| 1 | |

(b) Incremental Investment made so far and incremental investment since last extension:-

|SI. No. |Type ofCost|Total<br>made|investment| Incremental<br>so<br>far<br>(in|<br>Investment —|since|
|---|---|---|---|
||crores)|last<br>extension|(in|
|Building plant &| 231.08<br>machinery<br>Total **|**<br>231.08||Rs. Crores)<br>3.86||

(c) Details of physical progress till date:-

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----- Start of picture text ----- S. No. Activity % completion |% completion | Deadline for during last one | completion of year () balance work Building 100% Nil Already 2. completed Installation of | 100% 1.66%() Already machinery completed ----- End of picture text -----

(*) The work building, plant and machinery completed in all respects. Presently trial runs are in progress. After USFDA approval of products during second/third quarter of 2018-19, we may go for commercial production.

Detailed reasons for delay in project:-

batchesThe unit has indicated that, they have completed all the works and presently trial are in progress continuously for the last one year for bringing stabilization in the process and to meet the standards of USFDA for filing DMFs. The site qualification process by USFDA was completed and product approval with filing DMFs with USFDA is in progress and the same may be approved in second/third quarter of 2018-19. After the approval of products, the unit shall file commercial batches and declare commercial production.

Recommendation by DC:

DC, VSEZ has recommended the request of extension of LOP for a period of one year up to 25/02/2019.

The request is placed before BoA for its consideration.

(ii)Edoor Village,Request Gummidipoondiof M/s. FrontierTaluk,LifelineTiruvallur(P) LtdDistrict,in MedivilleTamil Nadu-Biotechnology-SEZ,for extension of Letter of Permission (LOP) beyond 27.11.2013 for 4 years upto 31-12-2018

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LoP issued on (date) : -23-2-2010

]

Nature of business of the Unit: : Research Activities, Life Sciences Services including CRO, Development & Commercialization of Tissue based products and World Class Training on
Bio-Technology related courses
No of Extensions : Two by DC - MEPZ -SEZ
- LOP valid upto (date) > 27.11.2013 * Request : For further extension for 4 years, up to-31-12. 2018.

Present Progress a) Details of Business Plan:- The Scientific Studies / preparatory work, for the following

projects.

| | |

a) Trans-catheter pulmonary valve / stents by National Aerospace Laboratories
b) Phase III studies of Biological Valves and Pericardial Patch ¢) Q-HEART (INDO-AUSTRALIAN FUND as per MoU on 10.04.2017 d) Mechanical heart ( Sputnik -Russia) e) LAVD testing in animal models for Liveon Biolabs
f) Bio-Prosthetic Valve Studies -CSSR / Georgia Tech (Atlanta, USA) h) National and International Research Projects (BRICS / Indo-Australian / USA ) Jj) Skill Development (Degree, Diploma & Certificate Course) Type of Cost Proposed Investment (Rs. in crores)
Pa | Equipment 7.00

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(b) Incremental Investment made so far and incremental investment since last extension:

|S.No|No|Total Investment made| Incremental|
|---|---|---|
|||so far(Rs. inCrores)<br>investment<br>(Rs.<br>TIPEDL Cost<br>up to 31-03-2017<br>in<br>crores)<br>since|
|||last extension|
|||1 <br>2|**|** Pacility<br>materials, consumables, | 6.35<br>4.39|
|||scientist,utility,etc|

[3 [Equipment ——Ssd|SCCC~<C~S~;zdSC‘<C~S~~™

A full fledged Scientific team is engaged for research activities & incurred Rs. 6.35 Crores (Scientific capital) during the last four years ( 2013-14 to 2016-2017)& Rs 1,53,73,558 during 2016-17 towards the scientific activities in Mediville as Unit Holder,

(c) Details of physical progress till date:

i) Phase II studies of Biological Valves and Pericardial Patch -

CBBTDC, GOI approved phase III studies and GOI- Committee inspected GMP labs, Drug Controller OF (India) has approved our facility on 24-01-2018. Now we will move to commercialization stage, making us the first company in India to manufacture biological valves, India will also be one among the three countries to have own biological valves.

;

ii) MoU with "SPUTNIK" for Artificial Mechanical-heart Project MoU signed on 23™ May 2016 with Russian Federation to manufacture SPUTNIK heart in Mediville which will be % the cost of artificial heart manufactured by US to make the artificial heart available for common man.

iii) MoU with Georgia Tech & GCIM, Atlanta for Bio Prosthetic valves We signed MOU with Georgia Tech & GCIM, Atlanta, USA to develop bio prosthetic valve, 100 valves will be supplied by them, training our personnel and transferring the technology. This valve will be half the price of the currently available Bio Prosthetic valve in the market.

iv) MoU with National Aerospace Laboratories (CSIR)

We will be the second country in the world to produce this indigenously prepared Biological valve with the stents which are made by NAL using memory metal (Nitinol) again at % the cost of commercially available valve.

v ) Q-Heart Project under Indo-Australian Biotechnology Fund, Round 10 Under IABF, Round 10, Honorable Prime Ministers of both the countries signed a Memorandum and we are the only private institution in the country which had been selected for this fund. This is to produce a “Pumpless self powered cardiac assist low cost device, of its kind in the world for severe moderate heart failure patients (Q-Heart)

vi) Skill Development & Training Courses

Various degree Courses namely Physician Assistant, Cardiac Pulmonary Technology, Cardio -Vascular Technology, Cardio Care technology are being offered which are affiliated to Dr. MGR Medical University, Meenakshi University, Hindustan University. Recently, under BSS, Diploma in Medical record maintenance and pathology /curator courses are being offered to rural students.

vii) National Skill Development Cooperation has inspected the facilities at Mediville and has recommended Mediville for consideration by Central Government for declaring it as “Centre of Excellence”.

viii) National Productivity Council Representatives had visited Mediville on 6" Sept 2017 and has recommended Mediville again as “Centre of Excellence”.

| ] | |

ix) C-R-Y Clinic and Genome Lab has been established for the first time in the country to study the etiology and mechanism of Cardiomyopathy.

x) Medical University of South Carolina — MoU has been signed for Research in Yoga and medications. Medivlle is the only Medical facility which has a Zodiac Garden in the country.

Statuary approvals are in place (TNPCB, DTCP), Animal testing for research by CPCSEA . The time frame for scientist activities is as below

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----- Start of picture text ----- S.No. % of % completion Deadline for Authorised Activity Completion | during last one completion of year balance work [patches] 90% ai" January 2018 1 [Pericardial] Phase III of Biological valve and 5 Indigenous Trans catheter Valve June, 2018 4 Animal study for stent for Live-on 40% 40% June 2018 Bio-tech 5 Mechanical artificial Heart project June, 2018 ----- End of picture text -----

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Detailed Reasons for delay:

L. The Research / Scientific projects are to go through various stages viz Conceptualization , formation, Business Plan, Statutory approvals , tie-up of Scientific / Technical collaboration , Financial closure / funding support ,Proto type, development of process / product, validation (Pre clinical / clinical trials), commercialization, etc. The Invention /result can be achieved through lot of studies / validations , IPR / experience / expertise of Domain based medical Doctor & Scientist . More over Scientific projects are knowledge based & Human capital is the expensive components where Raw materials & Process cost in manufacturing sector. 2. Accordingly FLL has spent Rs 6.35 crores towards Human &Scientific capital in SEZ from 1-4-2013 to 31-3-2017 & Rs 4.39 Crores from the last extension in 1-4-2014 to 31-32017.

Due to Vardha cyclone on 9-12-2016, our Research buildings, Facade Glass, Cooling Towers, Equipments, etc have been damaged which are yet to restored to original condition , fit for research activities confirming to GMP (Good for manufacturing Practice ) & GLP Good for Laboratory practice and Insurance Claim of Rs 50 lakhs could not be provided by Sundaram Insurance pending NOC from banks on NPA issue.

Un interrupted Electrical power supply is yet to provided by TANGEDCO pending execution of 110 KV Sub-station, which is essential for carrying out Bio tech / medical research.

Recommendation by DC:

DC, MEPZ has recommended the request of extension of LOP for the period from 28.11.2013 to 31.12.2018.

(iii) | Request of M/s Tata Power Company Limited in the KIADB Aerospace SEZ for extension of Letter of Approval (LOA) beyond 06-03-2018 for a period upto 06-04-2019.

e LOA issued on (date) 07-03-2014
e Nature of business of the Unit:
e No of Extensions:
I, Litening Airborne Navigation and targeting pod for Military Aircraft
1. Launcher Sub-systems for 3. AvionicsUnmannedSubsystems Aerial vehiclefor (UAV)Medium Multi-Role Compact Aircraft (MMRCA)
1. Electro-Optic Subsystems for Air Recon and Surveillance
a. Night-flying Goggles, Devices & Equipments for Pilots
: 6. Any other electronic, engineering or communication related products, Devices, Equipments and Systems for Aerospace & Defence Sector.

3 by DC CSEZ

e LoA Valid upto (date): 6" March 2018
e Request: For further extension up to 06-04-2018.

Present Progress:

(a) Details of Business plan:

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----- Start of picture text ----- SI.No. | Type of Cost Proposed investment (Rs. i crores | 1 | Land (leasehold for 99 year 11.87 Building 25.31 Plant and Mechinaries Pre-Operative Expenses Tota Pre-Operative Interest | 42.37 ----- End of picture text -----

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(b) Incremental Investment made so far and incremental investment since Last extension:

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||||||
|---|---|---|---|---|
|SI.No.|| Type of cost|Total|investment | Incremental|
|made|so|far|Investment|since|
|(in|Rs|crores)|last|extension|
|in|Rs|crores|
|Land|(leasehold|for|99|11.87|
|years)|
|Building|25.31|
|Plant|and|Machineries|
|Pre-Operative|Expenses|
|pO Total787|=*|

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|||||||||
|---|---|---|---|---|---|---|---|
|(C)|Details|of physical|progress|till|date:-|
|SI.No|%|%|Deadline|for|
|||Activity|Completi|| completion|completion|of|
|on|during|last|| balance work|
|1_||Civil|Structure|Building|one year|March|2018|end|
|2|Machineries|60|April|2018|end|
|installation|

----- End of picture text -----

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Detailed reasons for delay:- Pending requisite approvals from Government agencies

Recommendation by DC:

DC CSEZ has recommended the request of extension of LOP.

(iv) |Request of M/s BEML Limited in the KIADB Aerospace SEZ for extension of Letter of Approval (LOA) beyond 05-01-2018 for a period upto 05-01-2019

e LOA issued on (date) : 06-01-2012 e Nature of business of the Unit . : Aerospace Mechanical Components e No of Extensions : 5 by DC/BOA KIADB Aerospace SEZ
e LoA Valid upto (date) : 5" January 2018
e Request: For further extension for 7th year, up to (date) 05/01/2019.

Present Progress:

(a) Details of Business plan:

==> picture [319 x 75] intentionally omitted <==

----- Start of picture text ----- SLNo. | Type of Cost Proposed investment (Rs. in crores Land, construction of compound wall, machinery and other statutory 65.94 fee etc. ----- End of picture text -----

(b) Incremental Investment made so far and incremental investment since Last extension:

==> picture [339 x 136] intentionally omitted <==

----- Start of picture text ----- SI.No. | Type of cost Total Incremental investment Investment made so far since last (In Rs crores) | extension (in Rs crores 1 Land, construction of 65.94 Nil compound wall, machinery and other [Total |statutory fee etc. ----- End of picture text -----

(D) Details of physical progress till date:-

==> picture [376 x 193] intentionally omitted <==

----- Start of picture text ----- SI.No % ‘% completion | Deadline for | Activity Completion | during last | completion of one year balance work Land, construction | 100 Nil Until completion of compound wall, of City Civil machinery and Court other statutory fee Proceedings etc. a Land, construction Total | of compound wall, Nil Until completion machinery and of City Civil other statutory fee Court etc. Proceedings ----- End of picture text -----

Detailed reasons for delay:The unit could not implement the project since the Civil & PEB works awarded to the ContractorURC Constructions came to a(P)standstillLtd. Thoughdue to arbitralthe Arbitralproceedingsaward wasinitiatedpassedby onthe 20-08-2016,contractor, M/sthe contractor filed application in the City Civil Court, Bangalore challenging the award. The BEML filed detailed objections and appeals and the hearing is in progress.

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Recommendation by DC: period ofDC KIADBone year upAerospacto (dat e ) SEZ05/01/2019. has recommended the request of extension of LOA for a

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(v) Request of M/s. Shantha Biotechnics Pvt. Ltd (u-2) in the M/s. Shantha Biotechnics Pvt. Ltd SEZ for extension of Letter of Permission (LOP) beyond 3" Year upto 16.4.2019. e LoP issued on (date): 17.4.2014

e Nature of business of the Unit: Manufacture and export of Insulin
e NoofExtensions: 3 by DC VSEZ.
e LOP valid upto 16.4.2018

e Request: For further extension for one year, upto 16.4.2019

Present Progress:

(a) Details of Business plan:

==> picture [301 x 85] intentionally omitted <==

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(b) Incremental Investment made so far and incremental investment since last extension:

==> picture [345 x 92] intentionally omitted <==

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(c ) Details of physical progress till date:-

==> picture [386 x 123] intentionally omitted <==

----- Start of picture text -----

|||||||||
|---|---|---|---|---|---|---|---|
|S.No.|||Activity|%|completion|| %|completion|| Deadline|
|during|last|one|||for|
|year|completion|
|of|balance|
|100|100|
|Pi.|| Design|work|
|Procurement|(Capital)||100|——_—'{:100|Q2 2019|
|99.91|
|||Totalfo|

----- End of picture text -----

Recommendation by DC:

DC VSEZ has recommended the request of extension of LOP for a period of one year up to (date) 16.4.2019.

The request is placed before BoA for its consideration,

(vi) |Request of M/s. Zydus Technologies Ltd., in the Zydus Pharmaceutical -SEZ, Matoda, Ahmedabad, Gujarat for extension in validity of Letter of Approval (LOA) beyond 28-06-2018 for further period of one year upto 28-06-2019.

e LoA issued on: 29-06-2009 ‘ e Nature of business of the unit: Pharmaceutical products — various medical transdermal patches.
e Number of extensions:
- 03 (three) by DC, Kandla-SEZ
e LoA valid upto: 28-06-2018 (of extension granted by BoA in 75" meeting held on 08-03-2017).
e Request:

For further extension in validity for 01 (one) year upto 28-06-2019.

(a) Details of Business plans:- (Already undertaken in SEZ)

==> picture [324 x 95] intentionally omitted <==

----- Start of picture text -----

|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Sr.|| Type|of Cost|Actual|investment|made|
|No.|||(Investment already|made|in|SEZ)|(Rs.|in|crores|)|
|Building|cost|
|Plant &|Machinery|59.65|
|685.26|
||__||Total|investment madetill. 31-12-2017|761.21|

----- End of picture text -----

(b) Incremental investment made so far and incremental investment since last extension:-

|Sr.<br>|Typeof Cost<br>Actual investment | Incremental investment<br>No. | (Investmentalreadymade|madeso far<br>since lastextension<br>in SEZ)<br>(Rs. in crores )<br>(Rs. in crores )|
|---|
|Building cost<br>| 930<br>TN<br>Plant&Machinery<br>59.65 |<br>+a:T SY<br>Otherinvestment<br>685.26<br>|<br>95.5 CS<br>|__| Total<br>761.21<br>98.92|

(c) Details of physical progress till date:-

In this case on issue of Letter of Approval (LOA) on 29-06-2009, the approval holder had completed all requirements of setting-up of new manufacturing plant in SEZ, viz. total completion of factory building and its related plant and machineries. The approval was for manufacture and export of medical Transdermal patches which is relatively new development in the medical and pharmaceutical industry, and for getting requisite mandatory/statutory Regulatory Approvals from US-FDA has gone beyond their estimated period of 05 (five) years. The approval now requires only the product approval from US-FDA, which they are expecting by December, 2018. The basic reason for delays in going commercial production for the approved line of themanufactureUS markets.is to due to the complex and stringent norms for getting Regulatory approval for

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Recommendation by DC

In view of the substantial investment made in the SEZ and to fact the products approved for manufacture and export is a relatively new global development/technology which is under basic gestation period, DC, Kandla-SEZ recommend the request of approval holder M/s. Zydus Technologies Limited, for extension in validity of LOA for a further period of 01 (one) year upto 28-06-2019.

The request is placed before BoA¥ for its consideration.

¥
(vii) Request of M/s. Wockhardt Ltd., unit 3 in the sector specific SEZ for
Pharmaceuticals being developed by M/s. Wockhardt Infrastructure Development Limited at Shendre, Aurangabad, Maharashtra for extension of Letter of Permission (LOP) for a period of one year beyond 24" October, 2017. e LoP issued’: 25" October, 2013, for manufacture of oral solid dosage for Human Usage.
e Extensions : 3 (three) up to 24.10.2017 by DC SEEPZ SEZ. e Request : For further extension for one year.

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The unit has made the following investment made till date:-

|Incremental<br>Investment <br>hslatexensan<br>Physical progress till date|made| Rs. 60 crores in October, 2016<br>[STS<br>ROSIE<br>Unit 3 has been completed as per approved|
|---|---|
||plan i.e. 22382 Sq. Mts. And Unit received|
||BC/OCC from MIDC on 18 October 2017,|
||copy<br>already<br>attached. HYPR<br>of WIDL|
||(Developer) has considered constructed area|
||of Unit 3 as 9450 Sq. Mts. By oversight|
||which is only gound floor area, whereas total|
||built up area (Ground +<br>first floor+ Second|
||Floor)is22382Sq.Mts.|

Reason for Delay:

Now the unit has requested for 4" extension with the following reasons:

a. The unit was approved in the year 2013. The USFDA’s observations on various pharma companies adversely affected company’s approvals for export although approximately Rs. 135 Crores had already been invested. Now the situation has improved and the company is on the right path for the approvals of authorities for export.
b. Since the unit will be manufacturing pharmaceuticals only for export, it is required to take approvals from the regulatory authorities of countries to which the products will be exported, such as US FDA for export to the USA, MHRA for export to the UK and WHO-GMP certification for export to the rest of the countries. Application for these registrations can be made only after the factory is ready for manufacture, all the local statutory approvals and licenses have been obtained and exhibit batches of the products have been manufactured and tested. Once applied, the factory will be inspected by officials from these countries and only then given license to export to those countries. This will take approximately 18 to 24 months, depending on the country.
c. The unit, once ready to commence production has to obtain statutory approvals and licenses viz, Consent to Establish and Consent to operate from MPCB, Licenses from Factory Inspector, Labour Commissioner, Excise and Customs, Manufacturing license from local FDA/DCG(I), etc. Some of these can be obtained only after the complete project/factory is ready for production and is inspected by officials of these offices. The unit is in the process of taking these approvals.
d. The unit will be manufacturing pharmaceuticals of Oral dosage form, which is requires sophisticated machineries, the product development, clinical studies, filing to the international drug regulatory agencies and approval for marketing is a

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}

cumbersome and lengthy process. Due to the machineries are customized and products are also unique we need to manufacture many development batches to optimize the parameters to suit the products for export.

DC’s recommendation:-

of In view of the above, the request of the unit for further extension of the validity period LOA for a further period of one year i.e. upto 24.10.2018 is referred to BOA for consideration in terms /provisions contained in proviso to the Rule 19 (4) of SEZ Rules, 2006.

(viii) Request of M/s. Tech Mahindra Ltd. in MIDC SEZ at Plot No. 4, Rajiv Gandhi Infotech Park, MIDC SEZ, Hinjewadi, Phase III, Pune, Maharashtra for extension of Letter of Permission (LOP) beyond 21.10.2017 upto 20.10.2018

e LoP issued on: 21.10.2014
e Nature of business of the Unit: IT/ITES
e No of Extensions: 3 by DC, SEEPZ SEZ
e LOP valid upto: 21.10.2017

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e Request: For further extension for one year, upto 20.10.2018

(a) Detail of current physical progress:

a. The Unit has executed the Bond cum LUT on 08.07.2016. b. The building plan of the Unit has been approved by Special Planning Authority, MIDC on 01.12.2015 and subsequently taken on record by this office in the UAC held on 21.04.2017.
c. There is no physical progress/Construction activities till date.

(b) Reason for delay:

Indian IT services sector is passing through rough weather with challenges in automation, lower growth rates, resulting in changing demand patterns, skill refresh and overall uncertainty in the geo-political environment. Due to this they could not initiate construction activity as well as the boundary wall construction by Developer is pending.

for DC, SEEPZ has stated that the unit has not fulfilled the condition of SEZ Rule 19(4) 3 extension of LoA as per which DC is competent to grant extension of validity for fourth year in case two thirds of activities are complete duly certified by a Chartered Engineer.

Recommendation by DC:

DC, SEEPZ SEZ has recommended the proposal for a period of one year.

Item No. 82.4 Requests for co-developer (6 proposals)

(i) Request of M/s. Mageo Instant Services Pvt. Ltd. for Co-developer status in M/s. Span Ventures Pvt. Ltd. IT/ITES SEZ, Eachanari, Coimbatore

The above mentioned SEZ was notified on 28.08.2012.

M/s. Mageo Instant Services Pvt. Ltd., has submitted a proposal for becoming a codeveloper in the aforesaid SEZ to build, operate and maintain specific top class infrastructure and services needed in IT/ITES SEZ.

Co-developer letter of intent dated 22.11.2017 entered into with the developer has been provided. The proposed amount of investment by the co-developer in the SEZ is Rs. 80.54 crores

Recommendation by DC:

Development Commissioner MEPZ-SEZ has recommended the proposal

The request of the co-developer is submitted for consideration of BoA.

(ii) Request of M/s. Midas Projects Pvt. Ltd for co-developer status in M/s. Divyasree NSL Infrastructure Pvt. Ltd SEZ for providing infrastructure facilities and other operations ;

The above mentioned SEZ stands notified on 18.5.2007.

the M/s. Midas Projects Pvt. Ltd has submitted a proposal for becoming a co-developer in aforesaid SEZ for providing infrastructure facilities and other operations.

Co-developer agreement dated 15.9.2017 entered into with the developer has been provided. The proposed amount of investment by the co-developer in the SEZ is Rs. 300 Crores.

Recommendation by DC:

DC VSEZ has recommended the proposal.

The request of the co-developer is submitted for consideration of BoA.

(iii) Request of M/s. Mariapps Marine Solutions India Private Limited, Mumbai for codeveloper status in the SmartCity (Kochi) Infrastructure Private Limited SEZ for authorized operation of IT/ITeS Infrastructure Development, Operation and Maintenance of Building

The above mentioned SEZ stands notified on 26.2.2014.

M/s. Mariapps Marine Solutions India Private Limited, Mumbai has submitted a proposal for becoming a Co-developer in the aforesaid SEZ for authorized operation of IT/ITeS Infrastructure Development, Operation and Maintenance of Building and construct an IT building with five floors 19

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having a total built up area of 130000 Sq. Ft., at Plot A2-9 in land A, SmartCity (Kochi) Infrastructure Pvt. Ltd. SEZ, with Fagade work, fully furnished office areas and allied services, adequate amenities like seamless data and voice communication facilities, water supply and sewerage system, support services like food court, conference halls, recreational space, car parking, fire detection and protection system, waste management system, CCTV & access control system etc. The Co-developer agreement dated 02.02.2018 entered into with the developer has been provided. proposed amount of investment by the co-developer in the SEZ is Rs.70.89 crore,

Recommendation by DC:

DC Cochin Special Economic Zone has recommended the proposal

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The request of the co-developer is submitted for consideration of BoA.

(iv) Request of M/s.WTC Trades & Projects Pyt. Limited, Bangalore for codeveloper status in the Infopark SEZ at Ernakulam District, Kerala The above mentioned SEZ stands notified on 28.09.2006, 20.8.2007 and dated 12.08.2013.

M/s.WTC Trades & Projects Pvt. Limited, Bangalore has submitted a proposal for becoming a co-developer in the aforesaid SEZ for Operation and maintenance of Buildings and other infrastructure/facilities to be undertaken in the IT building developed by M/s.Brigade Enterprises Limited, the co-developer of the SEZ. The proposed activities to be undertaken by M/s. WTC Trades & Projects Pvt. Limited, Bangalore includes Engineering Maintenance, electrical and mechanical works, heating, ventilation and air conditioning (HVAC) systems, fire detection and Alarm Systems, water Supply, storm drainage and sewage disposal, building upkeep services including maintenance of lift, lobby, conference hall, parking area, utility area, house-keeping, garbage and scrap disposal, horticulture, pest control, facade, cleaning services, Security Services, fire & life Safety measures and Trade Promotion Activities such as conducting seminars and workshops as required under the conditions of the license issued by World Trade Centers Association, New York. A tripartite Co-developer agreement dated 15" February, 2018 entered into with the developer and M/s. Brigade Enterprises Ltd. co-developer has been provided. The proposed amount of investment by the co-developer in the SEZ is Rs.7.00 crore.

Recommendation by DC : DC, Cochin SEZ has recommended

the proposal.

The request of the co-developer is submitted for consideration of BoA.

(v) Request of M/s. Access Health Care services Pvt. Ltd for co-developer status in M/s. Coimbatore Hitech Infrastructure Private Limited-SEZ, IT/ITES at Keeranatham villae, Coimbatore (N), Coimbatore, Tamil Nadu

The above mentioned SEZ was stands notified.

M/s. Access Healthcare Services Pvt. Ltd., has submitted a proposal for becoming a codeveloper in the aforesaid SEZ to construct IT/ITES facility and Electronic Hardware and software facility.

Co-developer agreement letter of intent is yet.to be registered. The proposed amount of investment by the co-developer in the SEZ is Rs. 89 crores

Recommendation by DC:

Development Commissioner MEPZ-SEZ has recommended the proposal

The request of the co-developer is submitted for consideration of BoA.

(vi) Re-consideration of request of M/s. Synergy Infotech Pvt. Ltd. for Co-developer status in MIDC IT/ITES SEZ, Rajiv Gandhi Infotech Park, Phase-III, Hinjewadi, Pune for construction of buildings and related infrastructure for IT/ITES Units, Development of space of IT/ITES Unit and all default authorized operations for area admeasuring 5.2161 sq. mtrs.

The above mentioned SEZ was notified on 6" July, 2007.

M/s. Synergy Infotech Pvt. Ltd. has submitted a proposal for becoming a co-developer in the aforesaid SEZ for construction of buildings and related infrastructure for IT/ITES Units.

Co-developer agreement dated 28.11.2017 entered into with the developer has been provided. The proposed amount of investment by the co-developer in the SEZ is Rs. 153.66 Crore.

Further the lease deed was executed between MIDC and M/s. Synergy Infotech Pvt. Ltd. on 03.07.2017 for plot of land bearing Plot 20 area admeasuring 52161 sq. mtrs.

On perusal of record it was found that M/s. Synergy Infotech Pvt. Ltd. was granted LOA as a unit on 26.07.2011 for plot no. 20 and the same has been cancelled on 10.07.2014 as the unit failed to implement the project in the prescribed time frame. Further, the LoA issued on 06.06.2017 has been surrendered by the Unit vide letter dated 28.02.2018 to this office.

It may be further noted that M/s Synergy Infotech Pvt. Ltd. was once again granted Letter of Approval as unit on 06.06.2017 for the same plot ie. 20 and submitted land allotment order in this regard. However, till date the unit has not executed Bond-Cum-LUT with this office.

M/s Synergy Infotech Pvt. Ltd (applicant) has now come up with the proposal for grant of Co-developer status on the same plot i.e. Plot No. 20.

Board, Thenotedproposalthat M/s.wasSynergyrejected Infotechin the 815'Pvt. BoALtd.meetinghad failedheldtoonimplement5" Februarythe project2018. Thefor setting up of the unit in SEZ and therefore rejected the proposal. Fresh submission from DC, SEEPZ SEZ. .

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(i) It has been observed that there has been a change in the list of directors and shareholding pattern of M/s. Synergy Infotech Pvt. Ltd. before the application for Co-developer status. The earlier directors i.e. Mr. Satyapal Jaikumar Jain, Mr. Virendra Jain and Mr. Manoj Sidhakaran Dadhich are no longer a part of the current list of directors. Mr. Sanjiv Aurora and Mr. Manoj Hingorani are the current directors of the company and also hold the equity and preference shares of the company. While, the maximum no. of equity shares (98%) of the company is held by M/s. Indo Global Hinjewadi Software Park Pvt. Ltd. Accordingly, the ownership and management of the company has changed.
(ii) | Furthermore, M/s. Synergy Infotech Pvt. Ltd. has stated that they (new shareholders of Synergy) became holder of the SEZ land at MIDC Pune on 23.11.2017 vide MIDC’s transfer order dated 23.11.2017. They have finalized their building plan and applied to various departments to complete the construction and obtain building completion certificate within the prescribed time limit.

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(ili) | SEZ Developer has allotted the plots to all the allotted for development of SEZ unit but not provided basic infrastructure such as road, drainage, power, water, encroachment free possession and also infrastructure required for ITATES SEZ units as per SEZ Rule 5A.
(iv) Further, though the land was allotted to Synergy on 12.09.2006, however, physical possession of the. plot was provided only on 5.3.2015 by the developer as the developer was unable to rectify the issues pertaining to:
- (i) A Temple in between the plot which was worshipped by the villagers (ii) This being the last plot and surrounded by hilly area, there was an issue to demarcate the boundary wall as per the restrictions set by Forest Department ;
- (iii) Some illegal encroachment by villagers has forced us to file a FIR against the them .
- (iv) | Since there was no proper approach road, the issued to access the plot remained unresolved for a very long period as a result the delays of 8 to 9 years in getting possession of the land which caused M/s Synergy huge financial and business losses.
- (v) Since the project was delayed beyond the control of the old shareholders of Synergy, hence as per the provisions of MIDC Co developer policy and based on the previous decision of BOA given to various other companies/promoters/individuals who can develop the same plot as co-developer.
- (vi) Now, M/s. Synergy Infotech Pvt. Ltd. has stated that they have proposed employment generation in the processing area in a span of years direct employment of 3143 persons and indirect employment of 1123 from development activity.

Recommendation of DC:

worth In view of the change of 100% shareholding of the applicant company and the net Ltd. of the new management, the request of the applicant i.e. M/s. Synergy Infotech Pvt. for Co-developer status is recommended to the Board of Approval for re-consideration.

The request of the co-developer is submitted for consideration of BoA.

Item No. 82.5: Change of Shareholding Pattern Cases (12 proposals)

(i) Request of M/s. EY Global Delivery Services India Private Ltd., a unit in DLF SEZ, Ramapuram, Chennai, for transfer of shares exceeding 50% to another entity and name change to M/s. EY Global Delivery Services India LLP

The above mentioned unit was granted LoA on 28.07.2017 for carrying out IT/IT Enabled Services as its authorized operations.

Details of shareholding pattern of the company are given below:-

Shareholding pattern before transfer

==> picture [326 x 256] intentionally omitted <==

----- Start of picture text ----- Name of shareholding No. of shares | % of M/s. held shareholding EYGBS (India) Private Ltd.,| 9,999 99.99% Bangalore — a Resident Company Mr. Nitin Dhavale ! 01% Bangalore —a Resident Indian “ Shareholding pattern after transfer Name of shareholding No. of shares |% of M/s. held shareholding EY GDS India Holding | 9,999 99.995 Company, London, — United Kingdom —a Foreign Company [| M/s. EY GDS (CS) Limited, | | 01% London, United Kingdom - a foreign Company *é Toth ----- End of picture text -----

to Consequent to change in above shareholdings, the name of the company has also changed M/s. EY Global Delivery Services India LLP

Recommendation by DC, MEPZ:

DC MEPZ SEZ has recommended the proposal.

The proposal is submitted for consideration of BOA.

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(ii) | Request for prior approval transfer of shares exceeding 50% of M/s. Nalanda Shelter Pvt. Ltd. (Developer) to M/s. Xander Investment Management Pte. Ltd., Singapore (Investor) transfer of equity shareholding of the company.

M/s. Nalanda Shelter Pvt. Ltd. was granted Formal Approval on 31.03.2017. The SEZ stands notified as on date.

|Although, the developer has|stated that the basic terms with the investors|
|---|---|
|are finalized & term sheet is signed off. Further, post approval by BOA the investor<br>company will be acquiring 50% plus one share ofClass ‘A’ Equity Shares upon the<br>initial investment. The balance equity share will be bought and transferred on partly<br>basis on or before 31.12.2020.||
|Shareholding pattern ofM/s. Nalanda|Shelter Pvt. Ltd. as on 05.01.2018<br>is as under:-|
|Name ofshareholder|No. ofshare held |% ofshareholding|
|Reifen Investment Services Pvt. <br>Pushpa P Paranjape|Ltd.<br>8.31%<br>1660<br>16.60%|
|Purushottam V Paranjape (HUF)|8.31%|
|Shrkant Paranjape<br>Shashank Paranjape|8.46%<br>'<br>8.31%|
|Varsha S. Paranjape<br>:|8.31%|
|Meenal S. Paranjape|8.31%|
|Rahul Paranjape|8.31%|
|Amit Paranjape<br>Sahil Paranjape|8.31%<br>8.31%|
|Yash Paranjape|8.31%|
||10000<br>100.00|

M/s. Nalanda Shelter Pvt. Ltd. (Developer) Capital Structure

==> picture [302 x 47] intentionally omitted <==

----- Start of picture text ----- Authorized Capital 1,000,000 1,00,00,000 Issued and Subscribed | 10,000 100,000 10,000 100,000 ----- End of picture text -----

List of Directors:-

==> picture [380 x 149] intentionally omitted <==

----- Start of picture text ----- Name of the Director Date of Appointment Sandeep C. Pethe 19.10.2004 Mohan C. Nagpurkar 19.10.2004 Ashish Karve 01.08.2000 Nandkumar Karve 01.08.2000 16 | U ttammeshS.S. RedkarKshirsagar 0517 . 1002 .201 64 /8| VarSha sha nkS. ParanjapeP. Paranjape 28.02.201428.02.2014 19__| Sunil Patil 28.02.2014 24 ----- End of picture text -----

SudhirBapat<br>Rahul Paranjape	01.03.2011<br>28.02.2014
Kunal Shah	15.09.2017
VikramGodse

Note:- The Developer has stated that till date no share transfer has taken place. As per the term sheet submitted by the Developer, M/s Xander shall subscribe to or purchase such number and class of equity shares of the Company having more than 50% of voting rights of the Company (i.e. 50% of the share capital plus 1 share of the Company). This transaction will take place only after approval of the proposal by the BOA and thereafter the shareholding structure and the directors will also be finalized.

M/s. Xander Investment Management Pte. Ltd.

Xander Investment Management Pte. Ltd a company incorporated under the law of Singapore. The company is an institutional investment firm focused on long term, value investing. Xander invests primarily in real estate, infrastructure and hospitality etc. and currently manages assets in excess of US $ 2.2 billion..

& The investor after transfer of shares would invest Rs. 90 Crores for the project will be responsible for construction of entire SEZ which comprise of office building for an IT/ITES SEZ to be developed by the Company (Project) having a built up area of at least 1.9 millions square ft., and total leasable area of at least 1.6 million sq. ft. spread across 2 buildings on the total project land along with all open and common areas, facilities, services parking spaces, and all other fixtures, fittings and all benefits, entitlements and other rights, titles and interests whatsoever (collectively property).

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DC’s Recommendation: - i In view of the above, prior approval for change of shareholding of M/s. Nalanda Shelter Pvt. Ltd. (Developer) to M/s. Xander Investment Management Pte. Ltd., Singapore (Investor) transfer of equity shareholding of the company is recommended to the Board of Approval for consideration.

The proposal of the developer is submitted for consideration of BoA.

(iii) Request of M/s. Sundaram Alloys Ltd. for approval of change of Directors & shareholding pattern

M/s. Sundaram Alloys Ltd. has been granted LoA on 28.05.2010 and is valid upto 31.03.2019 for manufacture and export of Silico Manganese etc, as amended from time to time. The unit commenced production on 01.04.2014 and effecting exports for value of Rs. 105.58 crores upto 31.01.2018. The unit has made investment of Rs. 60.33 crores and providing employment 78 nos. Now, the unit vide their letters dated 12.12.2017 and 31.01.2018 has stated that there is a change in the management and shareholding pattern of 100%. M/s. Sundaram Alloys Ltd.

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}

is continuing its operations in APSEZ, Atchutapuram as approved in the LoA. The legal entity viz., M/s. Sundaram Alloys Ltd. has not been changed, but all the Directors and the shareholding pattern of the company has been changed. The unit has submitted the list of old and new Directors with the shareholding pattern of the changed management of the company along with declaration that M/s. Shyam Ferro Alloys Ltd., their existing and the newly inducted Directors into M/s. Sundaram Alloys Ltd. have never been debarred/disqualified etc. from getting license under FT(DR) Act, Central Excise Act, FEMA etc. The unit further declared that there is no FDI in both the companies.

M/s. Shyam Ferro Alloys Ltd. has purchased more than 99.85% of the shares of M/s. Sundaram Alloys Ltd and per their Board resolution. M/s. Sundaram Alloys LTd. has confirmed that they have become a subsidiary/associated company of M/s. Shyam Ferro Alloys Ltd. after acquisition of majority of shares by the latter and there is a change in the management and control of M/s. Sundaram Alloys Ltd. The unit has requested for taking on record, its change of Directors and shareholding pattern of the company without changing its legal entity. M/s. As per the decision taken in the 69" BoA meeting held on 23.02.2016, the request of the ensuringSundaramBoAAlloysfor itsLtd.consideration.being submitted in the prescribed proforma to be placed before

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(iv) |Request of M/s. Shanlok International, a unit in Kandla SEZ for change from Proprietorship to partnership firm

M/s. Shanlok International, KASEZ is an approved unit for Trading activity of all items except prohibited canalized & restricted items, plastic waste/ scrap, Second hand clothing, Metal Scrap, Polyster Yarn, Polyster fabric, Battery scrap as per HBOP (Vol.l), (2002-2007) and Warehousing activity as amended from time to time vide LoA No. KASEZ/IA/1953/2003-04 dated 04.09.2003. The said LoA is valid up to 13.02.2019

Details of profit-loss sharing ratio of the firm are given below:

==> picture [411 x 163] intentionally omitted <==

----- Start of picture text ----- Mr. SurrinderBefore changeSajdeh. in the constitution of the firm, the unit was Proprietorship firm namely loss sharingAfterratio change fromof the firmProprietorshipis as under:- to. partnership firm, the shareholding pattern/profit- Sl. | Name of the Partner %. ‘of before | % after retirement / addition No. | _ Retirement of new partners Shri Surrinder Sajdeh eS 0) ) Shri Gaurav Gadodia eee, | Shri Shravankumar Bhatia | = |BB ----- End of picture text -----

DC’s Recommendation: -

==> picture [2 x 2] intentionally omitted <==

----- Start of picture text ----- . ----- End of picture text -----

DC, Kandla SEZ has recommended the: proposal.

The proposal is submitted for consideration of BoA.

| | | | | |

==> picture [559 x 2] intentionally omitted <==

----- Start of picture text ----- ‘ ----- End of picture text -----

(v) Request of M/s. eInfochips Limited (Unit A), a unit in M/s. Magarpatta City-SEZ at Pune for Change of 100% Shareholding Pattern with change of entrepreneur by way of change in controlling stake of the company.

| |

|at PunePune for ChangeChange of 100%100% Shareholding Pattern with change of entrepreneurentrepreneur<br>of changechange in controlling stake of the company.the company.company.|at PunePune for ChangeChange of 100%100% Shareholding Pattern with change of entrepreneurentrepreneur<br>of changechange in controlling stake of the company.the company.company.|of entrepreneurentrepreneur|of entrepreneurentrepreneur by wayway|
|---|---|---|---|
|M/s. elInfochips Limited (Unit A) was granted LOA on 22.01.2013||for|IT/ITES|
|Services (Excluding Professional Legal Services and Professional Accounting <br>Products. TheLOA is valid upto 19.12.2018.||Services) &||
|Details ofShareholding pattern ofe-Infochips Ltd. (UnitA) before and <br>ofShareholding Pattern:<br>.||afterChange||
|Name<br>of ~— the |__—Pre-Closing <br>Shareholder<br>No. of<br>%|[PostClosing <br>No. of<br>%||=|
|Shares|Shares|||
|1778154||||
|35000<br>Employees/Ex-<br>2571089 | 9.65|PEGAGR<br>TT | THOM:<br>Electronics||Ano<br>India|
|Friends & Relatives<br>680650||||
|VC Companies<br>1243530||||
|72000||||
|Domestic<br>Corporate |239750||||
|Bodies||||
|26646977|100%|26646977<br>100%|||

DC’s Recommendation:-

Change In view of above the proposal of M/s. elnfochips Limited (Unit A) Limited for of 100% Shareholding Pattern with change of entrepreneur by way of change in controlling stake of the company recommended to BOA for consideration.

The proposal is submitted for consideration of BoA.

(vi) Request of M/s. eInfochips’ Limited (Unit B), a unit M/s. Magarpatta City-SEZ at Pune for Change of 100% Shareholding Pattern with change of entrepreneur by way of change in controlling stake of the company.

M/s. bag elnfochips Limited (Unit B) was granted LOA on 22.01.2013 for IT/ITES Services (Excluding Professional Legal Sérvices and Professional Accounting Services) & Products. The LOA is valid upto 04.08.2018.

==> picture [411 x 108] intentionally omitted <==

----- Start of picture text ----- of Details of Shareholding pattern of e-Infochips Ltd. (Unit B) before and after Change Shareholding Pattern: Name of ~—the|_Pre-Closing [PostClosing = Shareholder No. of % No. of % Shares Shares 27 ----- End of picture text -----

| | |

| |

| | | |

|||20026804__|<br>1778154|__|75.16|75.16||||
|---|---|---|---|---|---|---|---|
|Employees/Ex-<br>Employees||35000<br>2571089||9.65|26646977||100%<br>Electronics|Arrow<br>India|
|Friends& Relatives||680650||||Pvt. Ltd.||
|VC Companies||1243530||||||
|||72000||||||
|Domestic<br>Bodies|Corporate|239750||:|||||
|||26646977||100%|100%|26646977|100%||
|DC’sRecommendation:-||||7||||

DC’s Recommendation:-

ChangeIn view of above the proposal of. M/s. elnfochips Limited (Unit B) Limited for of 100% Shareholding Pattern with change of entrepreneur by way of change in controlling stake of the company recommended to BOA for consideration.

The proposal is submitted for consideration of BoA.

(vii) Request of M/s. SmarTek Consultancy Services India Pvt. Ltd., a unit in M/s. Qubix Business Park Pvt. Ltd. —.SEZ at Pune for Change of Entrepreneur of existing SEZ from M/s. Smartek Consultancy Services India Pvt. Ltd. to SmarTek21 Pvt. Ltd.

M/s. Smartek Consultancy Services India Pvt. Ltd. LoA on 27.06.2012 for ITES (Excluding Professional Legal Services and Professional Accounting Services) The unit has commenced production on 01.10.2012 and validity of LOP is upto 30.09.2022. decidedFurther, M/s. SmarTek Consultancy Services India Pvt. Ltd. stated that they have to transfer their Business as going concern basis to SmarTek21 Pvt. Ltd. (SmarTek21) along with Assets and Liabilities including all licensee, contracts, and personnel as per the provision of Rule 19 (2) of SEZ Rules, 2006 and Sec (24C) of the Income Tax Act 1961. Since the business’is transferred on an ongoing basis under Slump Sale, therefore, there is no change in shareholding Pattern of SmarTek.

Shareholding pattern before 26.06.2017 and after 26.06.2017 is as under:-

|SI.|No.|Name ofShare|Before26.06.2017|After26.06.2017|After26.06.2017|
|---|---|---|---|---|---|
|||Holders||||
||||Amount |% Change | Amount | <br>Rs. In<br>Rs. In||%Change|
||||Lakhs|Lakhs||
|||SmarTek21, LLC|99.68||99.68|
||2|Alkarim|0.32||O32|
|||ShamshududinLalji.||||

: : :

| |

| | |

DC’s Recommendation:-

In view of the above it is recommended placed the proposal of the unit Change of Entrepreneur of Existing SEZ from M/s. SmarTek Consultancy Services India Pvt. Ltd. to M/s. SmarTek21 Pvt. Ltd., is placed before the BoA for Consideration.

The proposal is submitted for consideration of BoA.

(viii) Request of M/s. Western Outdoor Interactive Pvt. Ltd.-I, a unit in SEEPZ SEZ for change in implementing agency consequent upon amalgamation of M/s. Western Outdoor Interactive Pvt. Ltd., to M/s. Fairdeal Multimedia Pvt. Ltd., as approved by the Hon’ble National Company Law Tribunal, Mumbai Bench vide Order dated 22.09.2017.

M/s. Western Outdoor Interactive Pvt. Ltd.-] was granted LoA on 30.12.1998 as amended for manufacturing and export of Computer Software. The unit commenced production w.e.f. 01.09.1999. The validity of the LOA was up to 31.03.2019.

The details of shareholding pattern of the company before and after merger is as under:Western Outdoor Interactive Pvt. Ltd. (list of shareholders prior to amalgamation):-

==> picture [334 x 76] intentionally omitted <==

----- Start of picture text -----

|||||||
|---|---|---|---|---|---|
|Fairdeal|Multimedia|Pvt.|Ltd.|28140|99.96|
|02|Vishal|Chhabria|0.04|
|(nominee|of|Fairdeal|
|Multimedia|Pvt.|Ltd)|
|Tota|||28150|100.00|

----- End of picture text -----

==> picture [46 x 20] intentionally omitted <==

----- Start of picture text ----- | ----- End of picture text -----

Fairdeal Multimedia Pvt. Ltd. (list of shareholders prior to amalgamation):-

==> picture [331 x 85] intentionally omitted <==

----- Start of picture text -----

||||||||
|---|---|---|---|---|---|---|
|Sr.|Name|No.|of shares|%|
|No.|
||01| Global|Eagle|Entertainment|Inc|22972|eee|
|02|Vishal|Chhabria|(nominee|of|||01|
|||TotalSFairdeal Multime|d|ia Pvt. Ltd)|22973|100.00|

----- End of picture text -----

==> picture [416 x 176] intentionally omitted <==

----- Start of picture text ----- Consequent upon amalgamation of M/s. Western Outdoor Interactive into M/s. Fairdeal Multimedia, as approved by the Hon’ble National Company Law Tribunal, Mumbai Bench vide Order dated 22.09.2017, the 99.99% of shares of M/s. Wetern Outdoor Interactive shall stand transferred as follows :- 02 Global Eagle Entertainment Inc 22972 99.99 Vishal Chhabria (nominee of Fairdeal Multimedia Pvt. Ltd) Tota 22973 100.00 DC’s | Recommendation: - ‘4 ' ----- End of picture text -----

| | | | | | { | | | | |

| |

DC SEEPZ-SEZ has recommended the proposal for change of name consequent upon amalgamation of M/s. Western Outdoor Interactive Pvt. Ltd. to M/s. Fairdeal Multimedia, as approved by the Hon’ble National Company Law Tribunal, Mumbai Bench vide Order dated 22.09.2017 and transfer of shares from M/s. Western Outdoor Interactive to M/s. Fairdeal Multimedia Pvt. Ltd.

The proposal is submitted for consideration of BoA.

| |

(ix) M/s. Western Outdoor Interactive Pvt. Ltd.-IL, a unit in SEEPZ SEZ for change of implementing agency consequent upon amalgamation of M/s. Western Outdoor Interactive Pvt. Ltd., to M/s. Fairdeal Multimedia Pvt. Ltd., as approved by the Hon’ble National Company Law Tribunal, Mumbai Bench vide Order dated 22.09.2017.

M/s. Western Outdoor Interactive Pvt. Ltd.-I] was granted LoA on 17.07.2006 as amended for manufacturing and export of Computer Software. The unit commenced production w.e.f. 25.09.2007. The validity of theLOA was up to 31.03.2022.

The details of shareholding pattern of the company before and after merger is as under:Western Outdoor Interactive Pvt. Ltd. (listofshareholders prior to amalgamation):-

||Fairdeal Multimedia Pvt.|Ltd.|28140|99.96|
|---|---|---|---|---|
|02|Vishal Chhabria||10|0.04|
||(nominee<br>of Fairdeal|Multimedia|||
|pO|Pvt.Ltd)|Tota||28150|100.00|

Fairdeal Multimedia Pvt. Ltd. (list of shareholders prior to amalgamation):-

||Global Eagle Entertainment Inc|22972<br>99.99|
|---|---|---|
|02|Vishal<br>Chhabria<br>(nominee|of<br>0.01|
|||FairdealMultimediaPvt.Ltd)<br>Total<br>«229773<br>100.00||
||Consequent upon amalgamation of|M/s. Western Outdoor Interactive into M/s.|
|FairdealMultimedia,asapprovedbytheHon’bleNationalCompanyLawTribunal,Mumbai|||
|Bench|vide Order dated 22.09.2017, the|99.99% of shares of M/s. Western Outdoor|
|Interactiveshallstandtransferredasfollows<br>:|||

==> picture [386 x 83] intentionally omitted <==

----- Start of picture text ----- | _01 __| Global Eagle Entertainment Inc 22972 99.99 02 Vishal Chhabria (nominee of 01 PO Fairdeal Multimedia Pvt. Ltd)Tota | 22973 100.00 DC’s Recommendation: - ----- End of picture text -----

| | | | | | |

“30

| |

(

DC, SEEPZ-SEZ has recommended the proposal for change of name consequent upon amalgamation of M/s. Western Outdoor Interactive Pvt. Ltd. to M/s. Fairdeal Multimedia, as approved by the Hon’ble National Company Law Tribunal, Mumbai Bench vide Order dated 22.09.2017 and transfer of shares from M/s. Western Outdoor Interactive to M/s, Fairdeal Multimedia Pvt. Ltd.

| |

The proposal is submitted for consideration of BoA.

(x) Request of M/s. Barclays Technology Centre India Pvt. Ltd., a unit in M/s. EON Kharadi Structure at MIDC, Knowledge Park-SEZ Pune for Change of more than 50% Shareholding Pattern. M/s. Barclays Technology Centre India Pvt. Ltd. was granted LoA on 21.02.2013 for Information Technology Software Services (Excluding Professional Legal Services and Professional Accounting Services. The LoA is valid upto 05.05.2018.

Details of Shareholding pattern of M/s. Barclays Technology Centre India Pvt. Ltd. (a) Change of shareholding pattern before November, 2016

==> picture [344 x 357] intentionally omitted <==

----- Start of picture text ----- Shareholder’s Name .No. Of Shares | % of Share 2 Authorized Capital : 100,000 | Subscribed and Paid up Capital Barclays Mauritius | 99,999 99.99999% Overseas Holding Limited || Barclays Bank PLC [1fF 0.00001% Shareholder’s Name No. Of Shares | %ofShare - 2 Authorized Capital 100,000 |sd Subscribed and Paid up Capital Barclays services | 99,999 99.99999% Limited || Barclays Bank PLC ‘I« 0,.00001% Change of of shareholding pattern after November, 2016 after November, 2016 November, 2016 Shareholder’s Name No. Of Shares | % of Share Authorized Capital ° 151,156 | 2 Subscribed and Paid up Capital Barclays services | 151,155 99.99999% |__| Limited Barclays Bank PLC 0.00001% ----- End of picture text -----

==> picture [260 x 20] intentionally omitted <==

----- Start of picture text ----- (b) Change of of shareholding pattern after November, 2016 after November, 2016 November, 2016 ----- End of picture text -----

| | | || | | | | | |

DC’s Recommendation:-

India Pvt.DC,Ltd. SEEPZ-SEZfor Change hasof recommended Shareholding thePattern proposalabove of M/s. Barclays50%. Technology Centre 31

| | |

| |

| | |

The proposal is submitted for consideration of BoA.

(xi) Request of M/s. Barclays Technology Centre India Pvt. Ltd. a unit in M/s. Quadron Business Park Pvt. Ltd.-SEZ at Pune for Change of more than 50% Shareholding Pattern. M/s. Barclays Technology Centre India Pvt. Ltd. was granted LOA on 21.05.2008 for IT/ITES Viz. Development, maintenance enhancement deployment and management of software applications and global information technology infrastructure, Remote infrastructure management, Service delivery management, global business operations and training. The LOA is valid upto 02.09.2018.

| | |

Details of Shareholding pattern of M/s. Barclays Technology Centre India Pvt. Ltd.

|(a)|Changeofshareholding pattern beforeNovember,|2016|
|---|---|---|
|Shareholder’sName<br>No.ofShares<br>| 1__| AuthorizedCapital<br>_<br>100,000<br>2<br>Subscribed and Paid up||“%ofShare<br>|<br>sd|
||Capital<br>os||
|Barclays<br>Mauritius |99,999<br>99.99999%<br>Overseas<br>Holding<br>Limited<br>|__| Barclays BankPLC<br>‘If 0.00001%|||
|||Shareholder’sName’. _|No.ofShares<br> 1 | AuthorizedCapital. |100,000<br>2<br>Subscribed and Paid up<br>Capital|%ofShare<br>Pp|
|Barclays<br>services |99,999<br>99.99999%<br>Limited<br>|__| Barclays BankPLC<br>‘I<br>s«f 0,00001%|||
|(b)|Change ofshareholding pattern afterNovember, 2016||
||Shareholder’s Name<br>No. ofShares|“% ofShare|
||Authorized Capital<br>151,156<br>2<br>Subscribed and Paid up|||
||Capital<br>:<br>Barclays<br>services|151,155<br>Limited|99.99999%|
||__| Barclays BankPLC<br>‘1*F0,00001%|||

(b) Change of shareholding pattern after November, 2016

DC’s Recommendation:-

| | | | |

DC, SEEPZ-SEZ has recommended the proposal of M/s. Barclays Technology Centre India Pvt. Ltd. for Change of Shareholding Pattern above 50%.

The proposal is submitted for consideration of BoA.

(xii) Request of M/s. CEB India Pvt. Ltd. a unit in DLF SEZ, Manapakkam, Chennai for transfer of shares exceeding 50% to another entity.

IT/IT M/s. The above mentioned unit was granted LoA on 21°" April, 2014 for carrying out enabled services as its authorised operations.

Details of Shareholding pattern before transfer

==> picture [331 x 50] intentionally omitted <==

----- Start of picture text ----- Name of Shareholder No. of Shares held “% of Shareholding M/s. CEB Inc., USA 1,53,38,453 99.999% M/s. CEB Global 0.001% Limited, U.K. ----- End of picture text -----

Shareholding pattern after transfer

==> picture [308 x 74] intentionally omitted <==

----- Start of picture text ----- Name of Shareholder No. of Shares | % of Shareholding held M/s. Gartner Europe Holdings B.V., Netherlands | 1,53,38,453 99.999% M/s. Gartner Ireland Ltd.,} 100 - 0.001% Ireland ----- End of picture text -----

Recommendation by DC

The proposal of shares exceeding 50% to another entity is recommended for approval.

The proposal is submitted for consideration of BoA.

(xiii) Request of M/s. BASF India Limited, a unit in Kandla SEZ for approval of Business Transfer Agreement of their Kandla SEZ Operation. The above mentioned Unit was granted LoP on 16-06-1999, for Private Bonded Warehouse and trading activity.

M/s BASF India Limited, have informed about execution of a business transfer agreement with M/s Stahl India P. Ltd., whereby their “Leather Chemicals Business” is transferred to M/s Stahl India P. Ltd., as a going concern on a “Slump Sale” basis as defined under Section 2(42c) of the Income Tax Act, 1961 .

with The unit have also informed that after the execution of business transfer agreement M/s Stahl India P. Ltd., their SEZ operation which forms part of “Leather Chemicals Business” is also transferred to M/s Stahl India P. Ltd. with effect from September 2017. The unit has submitted extract of the resolution passed by the Board of Directors in their meeting held on 21-09-2017 and certified true copy of the minutes of meeting of the Board of M/s Stahl India P. Ltd. and business transfer agreement.

| |

DC’s recommendation:-

Development Commissioner, Kandla SEZ, has recommended the proposal. 33

} | |

==> picture [12 x 8] intentionally omitted <==

----- Start of picture text ----- | ----- End of picture text -----

| |

The request is placed before BoA for its consideration.

Item No. 82.6 : Cancellation of Formal Approval/co-developer (one proposal)

there In the following case, formal approval has been granted by the DoC. However, since their is no significant progress made by the Co-Developer, the proposal for cancellation of formal approval is being forwarded. The details of case is as under :

Sr. No. | Name of the Sector Date of Zone Remarks Developer / Coformal Developer approval M/s OPG Power & For supply | 17.03.2015 |KASEZ Proposal for Infrastructure Pvt. & cancellation of formal Ltd., distribution approval, as no action of power in has been taken by the Kandla Co-Developer towards SEZ implementation of their co-developer _ project . yearssince ofmoregrant thanof formaltwo approval.

DC, KASEZ has forwarded the matter for consideration of BoA.

The proposal of the developer/co-developer is submitted for consideration of BoA.

Item No. 82.7 : Miscellaneous Cases (9 proposals)

(i) Request of M/s. SEZ Biotech Services Pvt. Ltd for setting up of sector specific SEZ for Biotechnology at Manjari Budruk, Taluka Haveli, District Pune — Maharashtra, for increase an area of 4.1925 hectares. The above mentioned SEZ stands notified over an area of 17.0901 hectares. makingThe developer has requested for addition of an area of 4.1925 hectares, thereby 21.2826 the total area of SEZ after addition will be increased from 17.0901 hectares to hectares (more than 10% original area). The proposal was deferred in the 81% BoA meeting held on 05.02.2018 as recommendation of the State Government was not available.

Now, the NOC from the State Government is received on 14.02.2018

DC’s recommendation:-

In the view of the above, the request of M/s. SEZ Biotech Services Pvt. Ltd. for increase in area of approved SEZ from 17.0901 Ha to 21.2826 Ha. has been recommended to the Board for consideration.

| | | |

The proposal of the developer is submitted for consideration of BoA.

(ii) | Request of M/s ANSR Global Corporation Pvt. Ltd. (formerly known as Network Information Global Services India Pvt. Ltd.), Bangalore for Co-Developer status in Manyata Embassy Business Park SEZ, Bangalore for development of the SEZ area specifically to undertake the authorized operations of conversion of bare shell buildings into warm shell buildings in an additional area of 90,114 Sq.ft. and to lease the built-up space in the above IT/ITeS SEZ.

]

The above mentioned SEZ stands notified on 16" November, 2006 over an area of 26.2017 hectares. status M/s ANSR Global Corporation Pvt. Ltd. were granted approval for co-developer bare in the aforesaid SEZ for for undertaking the authorized Operations of conversion of shell buildings into warm shell buildings and to lease the built-up space (52,301 Sq..ft. comprising of (a) 33,498 sq.ft. in Block Teak [G3], Wing A and (b) 18,803 sq.ft. in Block Mountain Ash[H2] in Wing A. Subsequently their request for approval for additional built up area of 64,090 Sq.ft. was considered in the 815' BOA meeting held on 5.2.2018 and approval letter was issued on 15.2.2018. M/s ANSR Global Corporation Pvt. Ltd. has now submitted another Expansion application dated 12.03.2018 seeking approval for an additional area of 90,114 Sq.ft. comprising of the following additional floors: (a) 45,057 Sq.ft. in Block Banyan [L1] (2™ Floor); and (b) 45,057 Sq.ft. in Block Banyan [L1] (3" Floor); Co-developer agreement dated 26.02.2018 entered into with the developer has been provided. The proposed amount of investment by the Co-developer in the SEZ is Rs.20.00 Crore.

Recommendation by DC:

DC, Cochin SEZ has recommended the proposal.

The request of the Co-developer is submitted for consideration of BoA.

(iii) Request of M/s. Volupia Developers Pvt. Ltd. for co-developer in Multi Services SEZ at Ratanpur, District Gandhinagary Gujarat, being developed by M/s. GIFT SEZ Ltd. for additional built up area of“94 mtr (4510 sq.ft.) The above mentioned SEZ sands actitied over an area of 105.43.86 hectares. _ in M/s. Volupia Developers Pvt. Ltd. has already been conferred the co-developer status the aforesaid SEZ on 1%' July, 2015 to develop, maintain and operate office building for units to undertake export of services in the processing area, over a built up area of 2,50,000 sq.ft. Subsequently, an additional built up area of 50,237 sq.ft. was approved in the 70" BoA meeting held on 28.04.2016.

. Now the co-developer has requested for approval of further final additional construction area (built up area) of 419 sq. mtr. (4510 sq.ft).

| | | | | | | | |

Thus, as against already constructed built up area of 3,04,767 sq.ft. (28311.92 sq.mtr.), Volupia has already been issued LoAs as per above details for development of 300237 sq. ft (27892.93 sq. mtr) and now, proposal of M/s. Volupia for allowing them to construct further and final additional built up area of 419 sq. mtr (4510.07 sq.ft) is submitted to DoC for approval by the BooA. An agreement to lease-cum-Development Agreement entered into by the developer with the above co-developer developer has already been submitted to the DoC along with earlier tow proposal for which LoAs have already been issued by the DoC as discussed above. DC KASEZ has recommended the proposal. The request of the co-developer is submitted for consideration of BoA. (iv) Proposal of M/s SEZ Recycling, a recycling unit in Mahindra IT SEZ, Chennai for extension of LoP from 24.03.2018 to 23.03.2023 M/s. SEZ Recycling a SEZ; unit located at Mahindra IT-SEZ was issued LOA No.8/8/2006/ Mahindra-SEZ dated 07.04.2006 for recycling of Electronic Scrap, Copper, Brass, Zinc, Cadmium and all kind of Metal scrap. The unit commenced commercial production on 24.03.2008. They will be completing their 2" five year period on 23.03.2018. Earlier BOA in its 57th Meeting dated 15.03.2013 has renewed the validity of LOA upto 3.4.2016 and further extension of validity of LOA from 04.04.2016 to 23.03.2018 was accorded by BOA in its meeting held on 22.05.2016. Details of performance of the unit for the period 2013-14 to 2017-18 up to (AprilDecember) are indicated below : Exports : Rs. 1866.69 lakhs Foreign Exchange Outgo , Rs. 1399.33 lakhs NFE achieved : Rs. 457.36 lakhs The unit has projected the following for the period 2018-19 to 2022-23 : Exports Rs. 2700.00 lakhs Foreign Exchange Outgo : _ Rs. 1885.00 lakhs NFE to be achieved é Rs. 815.00 lakhs In terms of the first proviso of Rule 18(4)(d) of SEZ Rules, 2006, extension of LoA in respect of existing units importing other used goods for recycling purpose shall be decided by BoA. Therefore, the request of the unit for approval of their LoA for the 3" five year period with effect from 24.03.2018 to 23.03.2023 is placed before BoA for consideration. ;

It is not clear how LoA was issued on 7.4.2006 when Rule 18(4) of SEZ Rules, 2006 notified on 10.02.2006 is prohibiting setting up of new recycling units.

DC’s recommendation:-

DC, MEPZ has recommended the proposal.

The request of the unit is submitted for consideration of BoA.

(v) Proposal of M/s Trishyiraya Recycling (India) Pvt. Ltd. a unit in MEPZ for renewal of LoA from 01.01.2018 to 31.12.3022

M/s. Trishyiraya Recycling Pvt. Ltd. a MEPZ — SEZ unit has been issued LoA for recycling of ferrous/non ferrous/electrical and other scrap vide LoA dated 04.04.2000 and converted into SEZ scheme w.e.f. 01.01.2003 vide letter daed 22.03.2003. They have completed their third five year period renewed by BoA from 01.01.2013 to 31.12.2017 vide letters issued by MOC on 12.02.2013, 25.04.2014 & 17.05.2016 for the period upto 01.01.2014, 03.04.2016 & 31.12.2017 respectively. 2013 Details of the performance of the unit for the completed five year period from January to December 2017 is given below:.

Exports: : as. 2781.00 lakhs F.E. Outgo > “Rs. 1264.11 lakhs NEE, : Es. 1517.22 lakhs

|Details of the projections for the next five <br>31.12.2022 are given below:-|year block period from 01.01.2018 to|
|---|---|
||(Rs. in lakhs)|
|F.E. Outgo||
|a"year |600||
|2750|2000|

DC’s recommendation:-

from The unit has achieved NFE of Rs. 1517.22 lakhs during the current five year period 01.01.2013 to 31.12.2017 and their projections for the next five year period is achievable on the basis of their current performance.

for In view of the above details, it is recommended that this case be placed before BoA renewal of LoA for the next five year block of 01.01.2018 to 31.12.2022.

(vi) M/s. Grand Canyon SEZ Pvt. Ltd., Co-developer of IT/ITES SEZ of M/s. ASF Insignia SEZ Pvt. Ltd.at Village Gwal Pahari, Gurgaon (Haryana) — Proposal for increase of area from 3.739 acre to 3.741 acre and addendum of Co-developer agreement dt. 03.02.2016.

M/s. Grand Canyon SEZ Pvt. Ltd. had been granted LOA on 12" July, 2016 as a Codeveloper of the IT/ITES SEZ of M/s. ASF Insignia SEZ Pvt. Ltd. located at Village Gwal Pahari, Tehsil-Sohna, Distt- Gurgaon (Haryana) for “Undertaking Operation & maintenance of infrastructure existing in the identified SEZ area admeasuring 3.739 acres namely Grand Canyon SEZ Building (Building No. B3) with built up space of 1420198 Sqft. comprising 37

==> picture [13 x 791] intentionally omitted <==

----- Start of picture text ----- } | | | | | | | | | | | | ----- End of picture text -----

| | .

Groundfloor + 17" floor each in Block-A, B, C, D and E and 3 level Basements, a part ofthe ASF Insignia SEZ as a ‘Co-developer (details at annexure-I & Annexure-2 ofForm-A1) (that is operation & maintenance of infrastructure existing in the “Identified SEZ area” and / or further development / redevelopment of the identified SEZ area and it’s Operation & Maintenance pursuant to sanction offurther authorized operation)”.

Now, M/s. Grand Canyon SEZ Pvt. Ltd., Co-developer vide its letter dated 19.12.2017 has submitted proposal for amendment in LOA towards revision in area allotted to them from The3.739 acre to 3.471 acre and revision in built up space from 14,20,198 Sqftto 14,00,705 Sqft. deed Co-developer vide its letter dated 26.12.2017 has submitted copy of Registered Lease 3.739dated 11.08.2016 executed with the developer, M/s. ASF Insignia SEZ Pvt. Ltd. for acre land & 10,18,640 Sqft. built up area constructed over it. The co-developer has also enclosed copy of addendum to the Co-Development Agreement dated 03.02.2016 signed between M/s. ASF Insignia SEZ Pvt. Ltd., Developer & M/s. Grand Canyon SEZ Pvt. Ltd., Co-developer on 18.12.2017 towards amendment in Para 1.1.18 & Para 1.1.19 of development original Coland Agreement dated 03.02.2016 giving revised built up area of 14,00,705 Sqft & area of 3.741 acre respectively in addition to other amendment / substitutions of Clauses of Co-developer agreement. The Co-developer has submitted a list showing changes carried out in Addendum to Co-developer agreement. As per list 15 Clauses have been modified and 05 new Clauses have been added.

With respect to Clause 1.1.3A :of addendum of Co-developer agreement, the Codeveloper has clarified that the definition of Authorised Operation is in no manner contradictory with that duly approved by worthy BoA. Further, the definition of Authorised Operation is further modified in revised addendum to Co-developer Agreement to align it with that of LOA. Besides, the term of lease period of 30 years as mentioned in original Codeveloper Agreement dt. 03.02.2016 has also been inserted in Clause 3.2.2 of revised addendum to Co-developer Agreement dt. 18.12.2017.

Further, the co-developer vide its letter dated 22.02.2018 has informed that after approval by BoA as a Co-developer vide letter of approval dated 12.07.2016 they had executed lease deed with the Developer, M/s. ASF Insignia SEZ Pvt. Ltd. for an area of 3.739 acres vide lease deed dated 11.08.2016, however, in Schedule-3 of the aforesaid lease deed, they have erroneously captured the area in Kanal/Malra. Sarsai which consist of aonly 3.722 acres instead of 3.739 acres. The Co-developer has mentioned that this inadvertent error has occurred during the process of converting the land from Kanal/Marla/Sarsai to Acres. The Co-developer has further mentioned that the developer, M/s. ASF Insignia SEZ Pvt. Ltd., for optimal utilization of the SEZ land has proposed to marginally shift the edge of private campus boundary line of Grand Canyon Private Campus land, which proposal has since been accepted by them subject to SEZ approval. Due to this marginal shift of boundary line of private campus land, the area in some Khasra nos. are decreasing but total area of private campus land is increasing from 3.739 to 3.741 acres by adding two additional khasra nos. The Co-developer has submitted a draft addendum in the lease deed effecting all these changes in private campus land. °

DC’s Recommendation

Office of DC, NSEZ has recommended the proposal. The request of the Co-developer is submitted for consideration ofBoA. :

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(vii) M/s. Kings Canyon SEZ Pvt. Ltd., Co-developer of IT/ITES SEZ of M/s. ASF Insignia SEZ Pvt. Ltd.at Village Gwal Pahari, Gurgaon (Haryana) — Proposal for amendment in co-developer agreement and Lease deed executed with the SEZ Developer.

M/s. Kings Canyon SEZ Pvt. Ltd. had been granted LOA on 12" July, 2016 as a Codeveloper of the IT/ITES SEZ of M/s. ASF Insignia SEZ Pvt. Ltd. located at Village Gwal Pahari, Tehsil-Sohna, DisttGurgaon (Haryana) for “Undertaking Operation and maintenance of infrastructure existing in the identified SEZ area admeasuring 2.751 acres within processing zone of ASF Insignia SEZ Pvt. Ltd. being Kings Canyon SEZ Building (Building No. B2) having built up space of 1100466 Sqft. including Block-A (Ground floor plus 14 floor), Block-B (Ground floor plus 12 floor), Block-C (Ground floor plus 12 floor) and 3 level Basements underneath, as a co-developer; and / or further development in the nature of re-development of the identified SEZ area and its operation & maintenance pursuant to sanction offurther authorized operation”. - Now, M/s. Kings Canyon SEZ Pvt. Ltd., Co-developer vide its letter dated 27.02.2018 has informed that with a view to impart better clarity in respect of certain agreed arrangements and for recognizing Black Canyon SEZ Pvt. Ltd. as a Co-developer in the project, the Developer and Co-developers have mutually agreed to modify certain terms contained in the original Co-developer Agreement dated 03.02.2016 and Lease Deed dated 11.08.2016. The Co-developer has submitted copy of Addendum to Co-developer Agreement 03.02.2016 signed with the Developer on 20.02.2018 and copy of draft addendum lease deed to be executed with the Developer. The Co-developer has also submitted a summary list showing changes carried out in Addendum to Co-developer agreement. As per list there are 13 Clauses which have been modified and 05 new Clauses have been inserted for giving more clarity in terms & conditions of agreement.

The Co-developer vide its letter dated 26.12.2017 had submitted copy of Registered Lease deed dated 11.08.2016 executed with the developer, M/s. ASF Insignia SEZ Pvt. Ltd. for 2.751 acre land & 7,41,026 Sqft. built up area constructed over it.

DC’s Recommendation

Office of DC, NSEZ has recommended the proposal.

The request of the Co-developer is submitted for consideration of BoA.

(viii) Request of M/s. Qualit Agro Processors, a unit in CCCI SEZ, Tamil Nadu, for amendment in the LoA issued to them for deleting condition no. (iii) of the LoA and to permit them procure pulses form DTA. The above mentioned unit was granted LoA on 20.06.2011 for the following activities (i) Item of manufacture: Export of imported pulse like peas, lentils, beans after cleaning/grading/processing and packing ‘at SEZ (ii) service activities: Trading of imported pulses like peas, Lentils, Beans for exports from SEZ unit as it is imported (as approved by BoA vide letter dated 17.06.2011) with a condition that “pulses will be imported from outside , India and no procurement shall be made from DTA till the prohibition on export of pulses conditions under the FTP” (condition No. (iii) of LoA).

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The unit were not permitted to procure pulses from DTA since there was restriction for import of pulses, How that as per Notification No. 28/2015-2020 dated 15.09.2017, Toor Dal, Moong, and Urad have been made ‘Free’ until further order, the unit has requested for procurement of pulses from DTA.

Recommendation by DC:

Development Commissioner MEPZ-SEZ has recommended the proposal

The request of the unit is submitted for consideration of BoA.

(ix) Request of M/s. CHL Ltd. in the Noida SEZ for extension of Letter of Permission (LOP) beyond 28/04/2017 upto 28/04/2018.

The following proposal from M/s. CHL Limited for extension of Letter of Permission (LOP) beyond 28/04/2017 upto 28/04/2018 was considered by the 79" BoA meeting held on 18.09.2017:-

e LoP issued on: 19/06/2008 E e Nature of business of the Unit: Manufacturing of Pharmaceutical Formulations. e No of Extensions: | by DC, Noida SEZ (after approval of BOA) e LoP valid upto: 28/04/2017 e Request: For further extension for one year upto 28/04/2018

Present Progress:

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----- Start of picture text ----- (a) Details of Business plan S. &. Proposed Investment fypant Coe Ei (Rs. in Crore) 3.15 Plant & Machinery e | |8Sots ----- End of picture text -----

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(b) Investment made so far & incremental investment since last extension

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----- Start of picture text ----- S Total Investment made inoremmental investinent " Type of Cost since last extension (Rs. No. so far (Rs. in Crore) ‘ 1 [Land Cost ease in Crore) “3 [SenieeGost | Sid Other Overheads ----- End of picture text -----

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|S.<br>No.|Type|ofcost|%<br>completion <br>ason date||%<br>during|completion|Deadline<br>last<br>one| completion|for<br>of|
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Detailed reasons for delay:-

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The unit has submitted following reasons for delay in implementation of project:

That due to case pending in the High Court of Delhi, this LOA was not operational during its validity of 5 years.
They have now proposed for diversification of product line from pharmaceuticals products to Manufacturing of Plastic Card.
It has been stated that since the machinery of pharmaceuticals products has been found to be out of specification for the manufacturing of pharmaceuticals products as per the new GMP Norms.
Unit has further stated that the existing machines have been lying idle since more than 20 years and they realized that these plant & machinery have outlived its life and has become fully junk. It has been further stated that the norms for setting up of Pharmaceuticals Industry have undergone change .in terms of facility, quality control and climatic conditions due to which they will not be able to get required Drug Licence and other Pollution clearances for starting up ‘of Pharmaceutical Products from the existing plant or even after revival of the machinery.
The unit has also submitted a letter from “Techmac Engineering Works’ wherein it has been stated that upon complete inspection carried out by them in last two months, they found that entire machine may now be scrapped as these cannot be used for any production. .
The unit has further stated that they have approached M/s. Syscom Corporation Pvt. Ltd. for providing them technical knowhow for manufacturing of plastic cards for their export through Syscom for their increased requirement in this field.
The unit has stated that the implementation of project will take about six months and production can be undertaken in next 6-9 months period or early once they get approval for extension and diversification. ai

The Board, after deliberations, rejected the proposal as the track record and details of proposal did not reflect financial credibility, review Thereafter, M/s. CHL Ltd submitted a petition on 27.10.2017 requesting DoC to Five the decision of the BoA and advise the zone to re-issue the LoA with full validity of Years w.e.f 01.05.2016. The reasons submitted by the unit were that company was forced into litigation, there was a complete status quo for then 7 years, no work was made and it was not at all operational as they could not start any activities due to expiry of LoA. It may be noted that there is no provision in SEZ Act & Rule for the BoA to review its decision.

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Court M/s. CHL Limited then filed a W.P. (C) No. 502 of 2018 before the Hon’ble High SEZ of Delhi (M/s. CHL Limited-Petitioner v/s Union of India, Department of Commerce, Section- Respondent) against the decision of the BoA.

The Hon’ble High Court of Delhi on 19.01.2018 directed that:-

Respondent No.1 (DoC) is directed to dispose of review petition dated 27.10.2017. Respondent No.1 will accord personal hearing to the petitioners authorized representative. The petitioner will also be entitled to furnish relevant documents in support of its contentions. The respondent No.1 will pass the speaking order. A copy of the order shall be furnished by the petitioner. In case, the petitioner, is aggrieved by the order passed by respondent No.1, it willis disposedhave liberty of. to assail the same, albeit,in accordance with law. Accordingly, the petition

Now, in pursuance of above Court order dated 19.01.201 8, BoA may hear the petitioner and pass appropriate order. Rg 2k ak a ke okeak

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