Supplementary Agenda for the 118th meeting of the BoA for SEZs

No. K-430 I 6/1 6 12023 -SEZ Govemment of India Ministry of Commerce and Industry Department of Commerce (SEZ Section) Vanijya Bhawan, New Delhi Dated the 24th January,2024 OFFICE MEMORANDIIM

Subject: l'r meeting (2024 Series) of the Board of Approval for Export Oriented Units and

I I 8tn Meeting of the Board of Approval (BoA) for Special Economic Zones (SEZs)

• Reg. The undersigned is directed to reler to this Department's O.M. of even numbers dated 0l'r January. 2024, fith January. 2024 and 24'h January. 2024 on the subject cited above and to forward herewith Supplementary Agenda for the I l8th meeting of the Board ol Approval for Special Economic Zones to be held on 06rn February, 2024 at ll A.M. in Room No. 427. Vanijya Bhawan. New Delhi. To (Sumit Kumar Sach an) Under Secretary to the Covemment of India Tel: 23039829 Email : sumit.sachan@nic.in ( l. Central Board of Excise and Customs. Member (Customs). Department of Revenue' North Block. New Delhi. (Fax: 23092628).

2. Central Board of Direct Taxes, Member (lT), Department of Revenue' North Block. New Delhi. (Telefax: 23092107). l. Joint Secretary. Ministry of Finance, Department of Financial Services. Banking Division. Jeevan Deep Building, New Delhi (F ax 23]44462123366797)'
3. Shri Anil Agarwal, Additional Secretary. Department of Promotion of Industry and lnternal Trade (DPIIT). Udyog Bhawan, New Delhi.
4. Joint Secretary, Ministry of Shipping. Transport Bhawan' New Delhi'
5. Joint Secretaiy 1E), Ministry of Petroleum and Natural Gas, Shastri Bhawan, New Delhi
6. Joint Secretary. Ministry of Agriculture. Plant Protection. Krishi Bhawan, New Delhi.
7. Minirtry of Science ani Technology. Sc 'G' & Head (TDT)' 'technology Bhavan' Mehrauli Road. New Delhi.

elhi 7. Joint Secretary. Ministry of Agriculture. Plant Protection. Krishi Bhawan, New Delhi. 8. Minirtry of Science ani Technology. Sc 'G' & Head (TDT)' 'technology Bhavan' Mehrauli Road. New Delhi. (Telefax: 26862512) g.JointSecretary'DepartmentofBiotechnology.MinistryofScience.andTechnology. 7'h Floor, Stock Z. CGO Complex. Lodhi Road' New Delhi - 110 003' 10. Additional Secretary and Development Commissioner (Micro' Small and M{iYi f nt.rp.i.es Scale lndustry). Room No' 701 ' Nirman Bhavan' New Delhi (Fax: 230623 l5).

ll. Secretary. Department of Electronics & lnformation 'Iechnology, Electronics Niketan, 6. CGO Complex, New Delhi. (Fax: 24363101) 12. Joint Secretary (lS-l). Ministry of Home Affairs. North Block, New Delhi (Fax: 23092569) 13. Joint Secretary (C&W). Ministry oi Defence" Fax: 23015444. South Block, New Delhi. 14. Joint Secretary. Ministry of F.nvironment and F'orests. Pariyavaran Bhavan. CGO Complex, New Delhi .- I 1 0003 (Fax:24363577) 15. Joint Secretary & Legislative Counsel, Legislative Department, M/o Law & .Tustice, A-Wing. Shastri Bhavan. New Delhi. (Tel:23387095). 16. Department of l-egal Affairs (Shri Hemant Kumar, Assistant Legal Adviser), M/o Lar.r & Justice. Neu Delhi. 17. Secretary. Department olChemicals & Petrochemicals.Shastri Bhawan, New Delhi 18. Joint Secretary. Ministry ol Overseas Indian Affairs. Akbar Bhawan. Chanakyapuri. New Delhi. (Fax: 24674140) 19. Chief Planner. Department of Urban Al'fairs. Town Country Planning Organisation, Vikas Bhavan (E-Block). I.P. Estate, New Delhi. (Fax:23073678123379197
20.

anakyapuri. New Delhi. (Fax: 24674140) 19. Chief Planner. Department of Urban Al'fairs. Town Country Planning Organisation, Vikas Bhavan (E-Block). I.P. Estate, New Delhi. (Fax:23073678123379197
20. Director Ceneral, Director Ceneral of Foreign 'frade. Department of Commerce, Udyog Bhavan. Ner,r Delhi. 2l . Diiecior General. [ixpo( Promotion Council fbr EOIJs/SEZs. 8G, 8th 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 23. Development Commissioner. Noida Special Economic Zone. Noida. 24. Development Commissioner. Kandla Special Economic Zone. Gandhidham. 25. Development Commissioner, Falta Special Economic Zone, Kolkata. 26. Development Commissioner, SEEPZ Special Economic Zone. Mumbai. 27. Development Commissioner, Madras Special Economic Zone, Chennai 28. Developmenl Commissioner. Visakhapatnam Special Economic Zone, Visakhapatnam 29. Development Commissioner. Cochin Special Economic Zone, Cochin. 30. Development Commissioner. Indore Special Economic Zone, lndore. 3 I . Development Commissioner, Mundra Special Econom ic Zone, 4,h Floor, C Wing, Port Users Building, Mundra (Kutch) Gu.jarat. 32. Development commissioner, Dahej Special Economic Zone. Fadia Chambers, Ashram Road. Ahmedabad, Gujarat 33. Development Commissioner, Navi Mumbai Special Econom ic Zone, SEEpZ Service Center. Central Road. Andheri (East). Mumbai _ 400 096 34. Development commissioner. Sterling Special Economic Zone.

at 33. Development Commissioner, Navi Mumbai Special Econom ic Zone, SEEpZ Service Center. Central Road. Andheri (East). Mumbai _ 400 096 34. Development commissioner. Sterling Special Economic Zone. Sandesara Estate, Atladra Padra Road, Vadodara - 390012 35. Development Commissioner. Andhra pradesh Special Economic Zone, Udyog , Bhawan, 9'h Floor, Siripuram, Visakhapatnam - 3 36' Development Commissioner. Reriance Jamnagar Speciar Economic Zone, Jamnagar, Cujarat 37. Development Commissioner, Surat Special Economic Zone, Surat, Gujarat 38' Development Commissioner, Mihan Special Economic Zone, Nagpur,"Maharashtra 39. Development commissioner, Sricity Special Economic Zone, Andhra pradesh. 40. Development Commissioner, Mangalore Special Economic Zone. tutunguto.". 4l covernment of Andhra pradesh-, principar Secretary and crp, Industries and commerce Departmenr, A.p. Secrerariat, Hyderabad - 5itO ozz.6ax: oio-ii+izss5i.

42. Government of Telangana. Special Chief Secretary, Industries and Commerce Department, Telangana Secretariat Khairatabad. Hyderabad. Telangana.
43. Government of Kamataka, Principal Secretary, Commerce and Industry Department, Vikas Saudha, Bangalore - 560001 . (Fax: 080-22259870)
44. Govemment of Maharashtra. Principal Secretary (lndustries), Energy and Labour Department, Mumbai - 400 032.
45. Covemment of Gujarat, Principal Secretary. Industries and Mines Department Sardar Patel Bhawan, Block No. 5, 3rd Floor. Gandhinagar 382010 (Fax: 079-23250844).
46. Govemment of West Bengal, Principal Secretary. (Commerce and Industrl').

tary. Industries and Mines Department Sardar Patel Bhawan, Block No. 5, 3rd Floor. Gandhinagar 382010 (Fax: 079-23250844). 46. Govemment of West Bengal, Principal Secretary. (Commerce and Industrl'). IP Branch (4th Floor), SEZ Section, 4. Abanindranath Tagore Sarani (Camac Street) Kolkata - 700 0l 6 47. Covernment of Tamil Nadu, Principal Secretary (lndustries). Fort St. George. Chennai 600009 (Fax: 044-25370822). 48. Government of Kerala. Principal Secretary (lnduslries). Government Secretariat. Trivandrum - 695001 (Fax: 0471 -233301 7). 49. Govemment of Haryana. Financial Commissioner and Principal Secretary). Department of Industries. Haryana Civil Secretariat, Chandigarh (Fax: 0172-2740526). 50. Government of Rajasthan. Principal Secretary (lndustries), Secretariat Campus, Bhagwan Das Road, Jaipur- 302005 (0141-2227788). 51. Government ol lJttar Pradesh, Principal Secretary, (lndustries). Lal Bahadur Shastri Bhawan, Lucknow 226001 (Fax: 0522-2238255). 52. Government of Punjab. Principal Secretary Department of Industry & Commerce Udyog Bhawan). Seclor - 17. Chandigarh- 160017. 53. Government of Puducherry. Secretary. Department of lndustries. Chief Secretariat. Puducherry. 54. Government of odisha. Principal Secretary (lndustries), odisha Secretariat. Bhubaneshwar - 7 5 1 00 1 ( Fax : 0 67 | - 53 68 | 9 I 2406299) - 55. Government of Madhya Pradesh. Chief Secretary. (Commerce and lndustry). Vallabh Bhavan. Bhopal (Fax: 07 55 -25 599'7 4) 56. Government ol Uttarakhand, Principal Secretary. (lndustries), No. 4. Subhash Road. Secretariat. Dehradun.

Chief Secretary. (Commerce and lndustry). Vallabh Bhavan. Bhopal (Fax: 07 55 -25 599'7 4) 56. Government ol Uttarakhand, Principal Secretary. (lndustries), No. 4. Subhash Road. Secretariat. Dehradun. Uttarakhand 5T.GovernmentolJharkhand(Secretary),DepartmentoflndustriesNepalllouse. Doranda.Ranchi 834002. 58. Union Territory of Daman and Diu and Dadra Nagar Haveli, Secretary (lndustries)'

o.p*rn"n, of industries. Secrerariar, Mori Daman - 396220 (Fax 0260-2230775). 59. Govemment of Nagaland. Principal Secrelary' Department of Industries and Commerce), Kohima. Nagaland. 60. Government of chattishg-arh. Commissioner-cum-secretary Industries, Directorate of lndustries. LIC Building Canrpus. 2nd Floor. Pandri, Raipur' Chhattisgarh (Fax:0771-2583651). Copy to: PPS to CS / PPS to AS (LSS) / PPS to JS (VB)i PPS to Dir (SNS)

Su lenr enta A nda for the I l8(h meetin of the rdofA roval for S ccial Economic Zones to be held on 06 Februan. 2 21 'at I I A.M. in Room No. .127. Vaniiva 0 Bhawan Nes Delhi Rule Dosition: LoA Issued on (date) Nature of business of the unit No. of Extensions LoA Valid upto (date) Request Present Progress: l)ctails of Business Plan: I18.10: Request for extension of [,oA of Unit (l proposal) a As per Rule I 8( I ) of the SEZ Rules, the Approval Committee may approve or reject a proposal lor setting up olUnit in a Special Economic Zone. Cases for consideration of extension of Letter of Approval i.r.o. units in SEZs are govemed by Rule l9(4) ofSEZ Rules. Rule l9(4) stales thal LoA shall be valid for one year.

a Special Economic Zone. Cases for consideration of extension of Letter of Approval i.r.o. units in SEZs are govemed by Rule l9(4) ofSEZ Rules. Rule l9(4) stales thal LoA shall be valid for one year. First Proviso grants power to DCs for extending the LoA for a period not exceeding 2 years. Second Proviso grants further power to DCs lor extending the LoA lor one more year subject to the condition that two-thirds of activities including construction, relating to the setting up of the Unit is complete and a Chartered Engineer's certificate to this ellect is submitted by the entrepreneur. Extensions beyond 3'd year (in cases where two-third activities are not complete) and onwards are granted by BoA. BoA can extend the validity for a period ofone year at a time. There is no time limit up to which the Board can extend the validity. 118.10(i) Request of I!I/s. Kanam Latex lndustries Pvt. Ltd. a Unit in AMRL Hi Tech City Ltd, Multi Product SE,Z, Nanguneri, Tirunelvcli District, Tamil Nadu for extension of l,etter of Approval (LoA) from 01.03.2024 to 28.02,2025. :14.02.2O18 : Manufacturing of various Gloves : 4 (2 limes by DC, MEPZ and 2 times by BoA) :29.02.2024 : [.oA extension from 01.03.2024 to 28.2.2025 b. lncrement Invcstment since last extension: S.No Type oi Cost Proposed ({ in lakh) I Investment {3000.00 lakh 2 Plant & Machinery {2000.00 lakh Raw Material t16250.00 lakh 1 FOB Value of Export {23000.00 lakh 5 FE Outgo I I 8250.00 lakh 6 NFEti {4750.00 lakh S.No ype ol Cost Ir I l lland.

tment {3000.00 lakh 2 Plant & Machinery {2000.00 lakh Raw Material t16250.00 lakh 1 FOB Value of Export {23000.00 lakh 5 FE Outgo I I 8250.00 lakh 6 NFEti {4750.00 lakh S.No ype ol Cost Ir I l lland. Machinery and lothers {83 l7 {4525 lakh (additional) lToral {83 17 {4525 lakh (additional) lTotal Investment made so llncremental investment ( lfar 1 in < lakh) up to lr in tuLtl ) since lasr llt.tz.zozl lexrension Page 1of 13

c l)etails of Ph sical P ss till date: d. Detailed Reasons for Delay l. Approvals are delayed due to the non-availability of "Single Window System". 2. Tamil Nadu Pollution Control Board (TNPCB) insisted on 0% liquid discharge. 3. The COVID-19 pandemic caused delays in construction and the late dispatch of machinery. +. Installation is delayed due to the late arrival of Machinery. 5. AMRL SEZ did not provide water for construction purposes. Recommendation bv D(1. MEPZ: DC, MEPZ has recommended the proposal for extension of validity of the LoA lor one-year period from 0 I . 03.2024 to 28.02.2025. ll8.ll(i) Request of M/s. ANSR Global Corporation Pvt. Ltd. for increase in area of their co-developer area in M/s. Phoenix 'Iech Zone Pvt. Ltd. at Sy. No. 203(p), Manikonda Village, Rajendra Nagar Mandal, Telangana. S.No Authorized activity 7o completion l%completion lduring last one lyear Deadline for completion of balance work I Infra-S(ructure 90 l: rr 3Oth March 2024 Machinen' 90 Iso 24thMarch2024 1 Name ofthe Developer & Location M/s. Phoenix Tech Zone Pvt. Ltd. Sy. No.

one lyear Deadline for completion of balance work I Infra-S(ructure 90 l: rr 3Oth March 2024 Machinen' 90 Iso 24thMarch2024 1 Name ofthe Developer & Location M/s. Phoenix Tech Zone Pvt. Ltd. Sy. No. 203 (P) at Manikonda Village, Rajendra Nagar Mandal, Telangana 2 Date of LoA to Developer -) Sector of the SEZ Ilil I'lrS Date of Notiflcation t7 .3.2017 5 Total notified area (in Hectares) 2.02 6 Whcther the SEZ is operational or not Yes (i). lf operational, date of operationalization .+ (iii). Total Exports & Imporrs for rhe last 5 years (Rs. in Cr.) (iv). Total Employment (ln Nos.) Employment for 2023-24 as on 31.12.2023 - 3569 Nos 7 Name of the proposed Co-developer M/s. ANSR Global Corporation Pvt. Ltd. Page 2 of 13 I I8.l I : lleq uest fo r incrcase/decrease in area of the co-dct.cloper ( I proposal) 17.2.2017 4. 1.4.2022 l{ii). No. of Units Exports for 2023-24 as on 31.12.2023 - Rs. 855.83 Crores Imports for 2023-24 as on 31.12.2023 Rs. 8.77 Crores

se in area of the co-dct.cloper ( I proposal) 17.2.2017 4. 1.4.2022 l{ii). No. of Units Exports for 2023-24 as on 31.12.2023 - Rs. 855.83 Crores Imports for 2023-24 as on 31.12.2023 Rs. 8.77 Crores

Recommendation bv DC. VSEZ: DC. VSEZ has recommended the proposal fbr consideration ol BoA. I18.12: Miscellaneous (6 cascs) I18.12(i) Request of M/s. Wipro Limited for cancellation of LoA issued to them as Co-Developer of M/s. Mahindra World City SEZ, Chengalpattu District, Tamil Natiu. 8 Details of Infrastructure facilities / authorized perations to be undertaken by the co- eveloper To undertake the authorized operations of conversion of bare shell buildings into fully fitted office space and to lease built up space in the SEZ as contracted M/s. Wipro Limited was issued LoA on 01.07.2015 lor Co-Developer status in M/s. Mahindra world city. IT/lrES SEZ ar Thenmelpakkam village, chengalpattu District, Tamil Nadu. for providing infrastructure facilities in the sector specific SEZ. The Co- developer was allotted 36.50 Ha of land by the Developer. The co-Developer has requested for cancellation of the LoA and to surrender the entire area of36.50 Ha to the Developer. As regards reasons. the co-developer has stated that they do not have business activity there and as per their management decision, they would like to close this co-developer LoA. consequent upon the surrender of the arei to the Developer. the surrendered portion will remain as SEZ and the Developer will develop the infrastructural lacilities. DC.

close this co-developer LoA. consequent upon the surrender of the arei to the Developer. the surrendered portion will remain as SEZ and the Developer will develop the infrastructural lacilities. DC. MEPZ has srared that in accordance with the request of the co-developer, the Developer has confirmed and issued No objection Certificate for cancellation olLoA ofco- developer. Further, Authorised officer of the SEZ submitted a letter through 1g.01.2024 through Specified officer stating that the co-developer has paid all the customs, GST. 9 Total area (in Hectares) on which activities will be performed by the co-developer Existing Area I .04 Ha Proposed Area - 2.46 Ha (2.65.151 sq. ft.) Total Area 3.50 Ha (3,76,227 sq.ft.) 10. Proposed investment by the Co-developer (Rs in Cr.) 11. Net worth of the Co-developer (Rs. in Cr.) 228.39 t2 Date of the Co-developer agreement Co-Developer Agreement dated 12.12.2022 for 0.52 Ha and Amendment to Co- Developer Agreement dated 26.5.2023 lor 0.52 Ha totaling to I .04 Ha. Amendmenl to Co-Developer Agreement dated 5.'l .2024 Page 3 of 13 106.06

ement dated 12.12.2022 for 0.52 Ha and Amendment to Co- Developer Agreement dated 26.5.2023 lor 0.52 Ha totaling to I .04 Ha. Amendmenl to Co-Developer Agreement dated 5.'l .2024 Page 3 of 13 106.06

Service Tax and other duty dues liabitity. Hence, there are no dues pending with the Co- developer. ln this regard, the following documents have been submitted by the Co- developer: No Objection Certificate for cancellation of LoA of Co-developer No Dues Certiflcate Rule Position: - In terms of Rule 6(A) of the SEZ Rules. 2006. the Central Govemment may review the letter of approval granted under sub-rule (l) ol rule 6 on the recommendation ol the Board. Recommendation bv D(1, NIEPZ: - DC, MEPZ has recommended the proposal fbr consideration olthe BoA. I ltl.l2(ii) Request of M/s. ITPG Developers Pvt. Ltd. for conversion of SEZ Processing Built-up area of Phase-ll (Block-III Building) to a Non-Processing Area in terms of Rule I I B of SEZ Rules, 2006. M/s. I'fPG Developers Private Limited was granted t.oA on l4.l1.2006 for setring up of l')lectronics Ilardware & I l/l'fEs SEZ at Village Behrampur. Distt-Gurugram (Haryana). lt was notified vide Gazette Notification dated 04.05.2009 over an area of 18.86858 hectare and al present. it stands nolitled over 25.59723 hectares. Thc said SEZ is operational w.e.L r 9.02.201 9. 'Ihe Developer has submitled a proposal lor conversion of a portion of SEZ Built-up area - Phase-ll (Block-lll Building) - to a Non-Processing Area in terms of Rule I I B of SEZ Rules.2006.

02.201 9. 'Ihe Developer has submitled a proposal lor conversion of a portion of SEZ Built-up area - Phase-ll (Block-lll Building) - to a Non-Processing Area in terms of Rule I I B of SEZ Rules.2006. As regards reasons, the Developer has stated that almost 5070 ofbuilt-up area is l1-'ing vacant since long timc due to multiple factors including sunset clause ol Income Tax benefit. therealier. Covid- I 9 pandemic and Wl-H iacility available to the units. The Developer has informed that they have not been able to get SEZ clients despite their wholehearted effbrts and hence. their management has decided to demarcate vacant building as Non-Processing Area (NPA) lbr the purpose ol IT/II'ES Units. so that they can lease the same to domestic units who do not wish to setup an SEZ Unit. In this regard, the following details have been submitted by the Developer: - Particula rs Dctails Total Notified land area (in Hectares) 25.59723 Ha. -['otal Built-up area in Square meters) Processing Area (in 2,22,671 .66 Square meter Phase-l (2 Buildings i.e.. Block I & 2): |,32,1 23.81 Square meter Phase-ll (Block-3): 85.51 3.99 Square meter. Phase-UI (l.ab Space lluilding): 4,556.70 Square meter Customs and DC of'fice Building 477.16 Square meter. 'l'otal Built-up a rca: 2,22,671.66 Square mete rs Total No. of Buildings constructed in processing area Total 5 Buildings: Phase-l (2 Buildings i.e., Block I & 2) Phase-ll (1 Building (Block-3) Phase-lll I Building (Lab Space Building) Page 4 of 13

Total No. of Buildings constructed in processing area Total 5 Buildings: Phase-l (2 Buildings i.e., Block I & 2) Phase-ll (1 Building (Block-3) Phase-lll I Building (Lab Space Building) Page 4 of 13

ustoms Olfice- I Building Total area to be demarcated as Non- Processing Area (NPA) out of Built-up area (in Squarg meter) 85,513,99 Squarc meter (Phase-I I- BIock-3 Building) Whether entire building to be demarcated Yes, entire Block-3 building of Phase-ll. Balance Builfup Processing Area after demarcation. 1,,3'1,1 57,67 Sq uare meter. List of common Utilities. infrastructure. facilities which will remain common after demarcation. I . Intemal Roads including drop off area. 2. Landscaping and recreational area. 3. Security and Gate complex. 4. Streetlights; and 5. Few other facilities / common. However. area proposed to be demarcated as Non-Processing Area is a separate building itsellwith separate utilities and Cafeteria. Whether nrinimum built-up processing area norms fulfilled afier demarcation? Yes whether Non-Processing Area proposed for demarcation exceeding 50% of total built-up area No. proposed built-up Non-Processing Area shall be 38.40% of roral built-up area. Status of refund of applicable tax duty benefits availed on the area proposed for demarcation as Non-Processing Area. The Developer has informed that basis on their application and.

al built-up area. Status of refund of applicable tax duty benefits availed on the area proposed for demarcation as Non-Processing Area. The Developer has informed that basis on their application and. lurther lettc received from NSEZ to submit "No due ertificate", they have worked out duties benellts availed by ITPG and got the same verified based on CE valuation- hey have obtained the duty / tax payabl ertificate basis on the valuation and have submitted the same to Customs for the emand note liom their end. Thev ar dy with their duty payment of IN 0.53 crore. However, Customs is yet ccepl the same citing concems i ticipation of some clarification on th otification from DoC. It is informed uty has been calculated without availin n1' depreciation. Developer has als roposed to provide undertaking that the ll relund further amount. if anv. whic ay arise alter clarification to be issue e developer has mentioned that the are sed to be demarcate as Non ess t Area is a se ratc buildin tatus ol refund ofapplicable tax duty benefi vailed on the creation of social or commercial infrastructure and other facilities, if propo o be used by both the IT or ITES SEZ Uni IT or I'IES business en ed in NPA arate utililies and Cafeleria. tself with se Page 5 of 13 DoC.

or commercial infrastructure and other facilities, if propo o be used by both the IT or ITES SEZ Uni IT or I'IES business en ed in NPA arate utililies and Cafeleria. tself with se Page 5 of 13 DoC.

Access Control Mechanism: I'he Developer has mentioned that since thev are proposing the demarcation of one single building enlirely as NPA for I1'/I1'ES Units. this will fu(her ensure adequate control of the movemcnt of persons as well as goods pertaining to SEZ Units and Units in NPn. At the same time. they will place adequate security and gate entry management system to ensure goods pe(aining to NPA Units and SEZ Units are not mixed with each other including measures such as - i. Separate color gate passes or identity cards fbr both PA and NPA Unit's employees; ii. Separate Car stickers with different colors fbr both PA and NPA Unit's employees; iii. Round the clock security measures are in place; iv. Separate security for each building and block with scanning. ReDavmcnt of I'ax benefit : DC, NSEZ has informed that the Developer has been requested s to provide No Dues from Customs SEZ in respect of refund olapplicable tax / duty benefits availed on the area proposed for demarcation as NPA which will be forwarded 1o DoC on its receipt from the Developer. ln tcrms of the Rule 5(2) rcgarding requirements of minimum area of land for an I'[/ITES SEZ: - (b) 'fhere shall be no minimum land area requirement lbr setting up a Special Economic Zone for Information Technology or Information Technology enabled Services.

area of land for an I'[/ITES SEZ: - (b) 'fhere shall be no minimum land area requirement lbr setting up a Special Economic Zone for Information Technology or Information Technology enabled Services. Biotech or Health (other than hospital) service, but a minimum buitt up processing area requirement shall be applicable. based on the category of cities, as specified in the following Table. namely: - I'AI}LE Sl. No. (l) Categories of cities as per Annexure IV.A (2) Minimum built-up processing A rea (3) I Category 'A' 50.000 square meters 50.000 square meters Category 'B' 25,000 square meters 25.000 square meters Category 'C' 15,000 square nteters I 5,000 square meters (c) The minimum processing area in any Special Economic Zone cannot be less than Iifty per cent. ol the total area of the Spccial Economic Zone. In terms of the Rule I I B regarding Non-processing areas for IT/ITES SEZ:- (l) Notwithstanding anything contained in rules, 5.ll,llA or any other rule, the Board of Approval, on request of a Developer of an Inlormation Technology or lnformation Technology Enabled Services Special Economic Zones, may, permit demarcation of a portion of the builrup area of an Information Technology or Information Technology Enabled Services Special Economic Zone as a non- processing area of the Information Technology or lnlormation Technology Enabled Services Special Economic Zone 1o be catled a non-processing area. Page 5 of 13 Rule oosition

Economic Zone as a non- processing area of the Information Technology or lnlormation Technology Enabled Services Special Economic Zone 1o be catled a non-processing area. Page 5 of 13 Rule oosition

(2) A Non-processing area may be used for setting up and operation of businesses engaged in lnformation Technology or Information Technology Enabled services. and at such terms and conditions as may be specified by the Board ofApproval under sub- rule ( I ), (3) A Non-processing area shall consist of complete floor and part of a floor shall not be demarcated as a non-processing area. (4) There shall be appropriate access control mechanisms for Special Economic Zone Unit and businesses engaged in Inlormation Technology or Information Technology Enabled Services in non-processing areas of lnflormation Technology or Information Technology Enabled Services Special Economic Zones. to ensure adequate screening of movement olpersons as well as goods in and out oftheir premises. (5) Board of Approval shall permit demarcation of a non-processing area for a business engaged in Information Technology or Information Technology Enabled Services Special Economic Zone. only after repayment. without interest. by the Developer. (i) tax benet'its attributable to the non-processing area, calculated as the benefits provided for the processing area of the Special Economic Zone. in proportion of the built up area of the non-processing area to the total built up area of the processing area of the lnformation Technology or Information Technology Enabled Services Special Economic Zone.

rtion of the built up area of the non-processing area to the total built up area of the processing area of the lnformation Technology or Information Technology Enabled Services Special Economic Zone. as specified by the Central Government. (ii) tax benefits already availed lor creation ofsocial or commercial infrastructure and other facilities if proposed to be used by both the Information Technology or Information Technology Enabled Services Special Economic Zone Units and business engaged in Information Technology or Information 1'echnology Enabled Services in non-processing area. (6) The amount to be repaid by Developer under sub-rule (5) shatl be based on a certificate issued by a Chartered Engineer. (7) Demarcation of a non-processing area shall not be allowed if it results in decreasing the processing area to less than fifty per cent of the total area or less than the area specified in colunrn (3) ofthe table below: .I'AI}Lt] Sl. \o. (l) Categories of cities as per Annexure IV-A (2) Minimum built-up processing Area (3) I Category 'A' 50,000 square nlcters 50,000 square meters 1 Category'B' 25.000 square meters 25,000 square meters Category 'C' 15,000 square meters 15.000 square metcrs (8) The businesses engaged in lnformation Technology or Information Technology Enabled Services Special Economic Zone in a non-processing area shall not avail any rights or facilities available to Special Economic Zone Units. (9) No tax benefits shall be available on operation and maintenance of common infrastructure and tacilities of such an lnformation Technology or Information

available to Special Economic Zone Units. (9) No tax benefits shall be available on operation and maintenance of common infrastructure and tacilities of such an lnformation Technology or Information Technology Enabled Services Special Economic Zone. (10) The businesses engaged in lnlormation Technology or Information Technology Enabled Services Special Economic Zone in a non-processing area shall be subject to provisions ofall Central Acts and rules and orders made thereunder, as are applicable to any other entity operating in domestic tariffarea. Page 7 of 13 J

Obsen ation: - Consequent upon insertion of Rule I lB in the SEZ Rules. 2006, DoC is in process to issue clarifications / instructions providing clarity regarding refund ofduty. area to he considered for demarcation etc., which will provide uniform implementation of rule I lB. 2. A request in this regard has also been received from Singapore High Commission to expedite the approval. Recommendation bv DC, NSEZ: - DC, NSEZ has recommended the proposal lor consideration of the BoA. I18.12(iii) Request of M/s. Oryx IT Societ"v, Co-Developer in M/s. Phoenix Tech Zone Pvt. Ltd, SEZ for IT/ITES ar Sy. No. I 18-138 (p), Gachibowli Village, Serilingampally Mandal, Ranga Reddy District, Telangana for transfer of Formal Approval and Co-Developer status to M/s. Evermark IT Developers Pvt. Ltd. M/s. Oryx IT Society was issued Formal Approval dated 3 1.1.2017 as Co- Developer for providing infrastructure facilities in M/s. Phoenix Tech Zone Pvt. Ltd. IT/ITUS SEZ at Sy. No. I I 8/P. l20lP. l2llP. 1221P and 138 (P).

s issued Formal Approval dated 3 1.1.2017 as Co- Developer for providing infrastructure facilities in M/s. Phoenix Tech Zone Pvt. Ltd. IT/ITUS SEZ at Sy. No. I I 8/P. l20lP. l2llP. 1221P and 138 (P). Nanakramgonda Village. Scrilingampally Mandal. T'clangana for upgradation ofthe allotted built-up space to create a plug and play environment and operate and maintain the built-up space. over an area of I .92.500 sq. ft. as per the Co-Developer Agreement dated 2l .03.2017 . The Formal Approval is valid upto 30.03.2024. 'fhe Co-Developer has submitted the request lbr transfer of Formal Approval and Co-Developer status to M/s. Evermark IT Developers Pvt. Ltd. As regards reasons. the Co-developer has stated thar the Hon'ble High Court at tlyderabad in Wp No. 33l9lZOZ3 passed orders that a society is meant tbr maintenance and upkeep of the Building/Apartment cannot perlbrm or conduct any financial transactions as they are not complying with Section 3( I ) of the Telangana Societies Registration Act. 2001 . As the Co-Developer. society cannot perlbrm or conduct any authorized operations as per the aforesaid orders. the Parties herein have decided to seek transfer of the Co-Developer status from M/s. Oryx IT Society to M/s. Evermark [T Developers Pvt. Ltd, a company for conducting the authorized operations. As per the directions of the Hon'ble Court for the purpose of convenience in leasing the space and also for carrying out other SEZ authorized operations including operation and maintenance. development of inlrastructure etc. M/s.

on'ble Court for the purpose of convenience in leasing the space and also for carrying out other SEZ authorized operations including operation and maintenance. development of inlrastructure etc. M/s. Oryx IT Society/Members have proposed to transfer its LoA to M/s. Evermark IT Developers pvt. Ltd. with the same terms and conditions olthe existing Co-Developer agreement between Phoenix and Orlx IT Society. This will enable the landowners (members of the society) to Iease their space to M/s. Evermark IT Developers Pvt. Ltd, which will furrher sub-lease the space to the prospective SEZ units. In this regard. the following details have been submitted: - I ame ofthe Developer & Location M/s. Phoenix Tech Zone Pvt. Ltd, Sy. No. I l8 (P)-138 (P) at anakramguda Village, Seri lingampally Mandal. Telangana Page 8 of 13

2 Date of LoA to Developer 7.12.20t6 Recommendation bv DC, VSEZ: DC, VSEZ has recommended the proposal lor the consideration ofthe BoA. I 18.12(iv) Rcquest of M/s. Spectrum IT Societl,, Co-l)eveloper for M/s, Phoenix Spaces Pvt. Ltd, SEZ for IT/ITES at Sy. No. 285 Kokapet Villagc, Rajendra Nagar Mandai, Ranga Reddy District, Telangana for transfer of Formal Approval and Co- Developer status to M/s. Evermark IT Developers Pvt, Ltd. Sector of the SEZ I17I1'ES .+ Date of Notification 22.02.20 I 7 & 04.07 .201 7 ) Total notified area (in Hectares) 5.78 6 Whether the SEZ is operational or not No (i). If operational, date of qpralionalization NA (i i). No. of Units NA (iii). Total Exports & Imports for the last 5 years (Rs. in Cr.) NA (iv).

res) 5.78 6 Whether the SEZ is operational or not No (i). If operational, date of qpralionalization NA (i i). No. of Units NA (iii). Total Exports & Imports for the last 5 years (Rs. in Cr.) NA (iv). Total Employment (ln Nos.) t8 7 Name of the proposed Co-developer Evermark IT Developers Pvt. M/s Lrd. Details of Infrastructure facilities / authorized operations to be undertaken by the co-developer The proposed Co-Developer will be taking the existing bare shell on lease from the landowners lor the purpose of sub-leasing to IT SEZ units and for the purpose of operations and maintenance. I Total area (in Hectares) on which activities will be performed by the co- developer 2 million sq.fi. of built-up area l0 Proposed invcstment by the Co-developer (Rs. in Cr.) 30 Crores (plug and play investment will be done by the units on occupancy) 11. fNet worth ol the Co-developer (Rs. in Cr.) 0.41 Crores (The Co-developer is a 100 % subsidiary ol the Developer company. The Developer will be lunding the Co-developer and also mobilise t'unds from financial institutions. tl Date of the Co-developer agreement Co-Developer Agreement dated 02.01.2024 M/s. Spectrum IT Society was accorded Formal Approval dated 31.03.2017 as Co- Developer for providing infrastructure lacilities for up-gradation olthe allotted built-up area to create a plug and play environment and operate and maintain the built-up space over an area of 1,62.500 sq. ft. (0.16 Mn sft) in M/s. Phoenix Spaces Pvr. Ltd. SEZ for IT/ITES at Sy. No.285, Puppalguda Village, Rajendranagar Mandal.

nt and operate and maintain the built-up space over an area of 1,62.500 sq. ft. (0.16 Mn sft) in M/s. Phoenix Spaces Pvr. Ltd. SEZ for IT/ITES at Sy. No.285, Puppalguda Village, Rajendranagar Mandal. Telangana on a contiguous srretch ol Page 9 of 13 J. 8

land measuring 5.77 Flectares (14.25 Acres). The SEZ was notified vide Gazette Notification No. S.O. 2012 (F.) dated 21.6.20 17 lor 2.63 Hectares and S.O. dated 17.1.2019 for 3.14 Hectares. The !'ormal Approval is valid upto 30.3.2024. The total built-up area of the Co- Developer has been increased to I . I 78 million sq.ft. vide letter dated 04.03.2020. The Co-Developer has submitted the request for transfer of Formal Approval and Co- Developer status to M/s. Evermark IT Developers Pvt. Ltd. As regards reasons, the Co- developer has stated that the Hon'ble High Court at Hyderabad in WP No. 33 l9/2023 passed orders that a society is meant for maintenance and upkeep of the Building/Apartment cannot perform or conduct any financial transactions as they are not complying with Section 3(l) of the Telangana Societies Registration Act. 2001. As the Co-Developer society cannot perform or conduct any authorized operations as per the aforesaid orders. the Parties herein have decided to seek transfer of the Co-Developer status from Mis. Spectrum IT Society to M/s. Evermark IT Developers Pvt.

ct any authorized operations as per the aforesaid orders. the Parties herein have decided to seek transfer of the Co-Developer status from Mis. Spectrum IT Society to M/s. Evermark IT Developers Pvt. Ltd, a company for conducting the authorized operations. As per the directions of the Hon'ble cou( [or the purpose of convenience in leasing the space and also for carrying out other SEZ authorized operations including operation and maintenance. development ol inlrastructure etc. M/s. Spectrum 11' SocietyiMembers have proposed to transler its t-oA to M/s. Evermark IT Developers Pvt. Ltd with the same terms and conditions of the existing Co-Developer agreement between Phoenix and Spectrum lT Society. This will enable the landowners (members of the society) to lease their space to M/s. Evermark I'f Developers Pvt. Ltd. which will further sub-lease the space to the prospective SEZ units. ln this regard. the following details have been submitted: - I Name ofthe Developer & Location M/s. Phoenix Spaces Pvt. Ltd, Sy. No. 285 at Puppalguda Village, Rajendra Nagar Mandal, Telangana ) Date ol LoA to Developer 3 l .3.201 7 Sector ol the S['.2 IITII'ES 4 Date ol Notillcation 21 .6.2011 & lt .1.2019 -) Total notified area (in Hectares) 5.77 6 Whether the SEZ is operational or not No (i). If operational. date ol operationalization NA (ii). No. of Units NA (iii). Total Exports & Imports for the last 5 years (Rs. in Cr.) NA (iv). 'l'otal Hmployment (ln Nos.) t6 1 Name of the proposed Co-developer M/s. Evermark IT Pvt. Ltd Developers Page 10 of 13

ts NA (iii). Total Exports & Imports for the last 5 years (Rs. in Cr.) NA (iv). 'l'otal Hmployment (ln Nos.) t6 1 Name of the proposed Co-developer M/s. Evermark IT Pvt. Ltd Developers Page 10 of 13

ti Details of Infrastructure facilities / authorized e proposed Co-Developer will perations to be undertaken by the co- eveloper e taking the existing bare shell n lease from the landowners lo e purpose of sub-leasing to I SEZ units and for the purpose o rations and maintenance Recommendation bv DC, VSEZ: DC, VSEZ has recommended the proposal for the consideration ofthe BoA. I18.12(v) Request of M/s. Fortune lT Societl, Co-Developer for M/s. Phoenix Spaces Pvt. Ltd, SEZ for IT/ITES at Sy. No. 286 & 287, Kokapet Villagc, Rajendra Nagar Mandal, Ranga Reddy' District, Telangana for transfer of Formal Approval and Co-Developcr status to M/s. Evermark IT Developers Pvt. l,td. M/s. Fortune IT Society was accorded Formal Approval dated 31.03.2017 as Co Developer for providing infrastructure facilities for up-gradation ofthe allotted built-up area lo create a plug and play environmenl and operate and maintain the built-up space over an area of 2.13.750 sq. ft. (0.21 Mn sfl) in M/s. Phoenix Spaces Pvt. Ltd. SEZ for IT/ITES at Sy. No. 286 & 287. Puppalguda Village. Rajendranagar Mandal. 'l'elangana on a contiguous stretch ol land measuring 3.46 Hectares (8.55 Acres). The SEZ was notified vide Gazette Notification No. S.O. 2007 (E) dated 19.6.2017. The Formal Approval is valid upto 30.03.2024. The total built-up area of the Co-Developer has been increased to 0.433 million sq.ft.

ified vide Gazette Notification No. S.O. 2007 (E) dated 19.6.2017. The Formal Approval is valid upto 30.03.2024. The total built-up area of the Co-Developer has been increased to 0.433 million sq.ft. vide letter dated 04.03.2020. The Co-Developer has submitted the requesl for transfer of Formal Approval and Co- Developer status to M/s. Evermark IT Developers Pvt. Ltd. As regards reasons. the Co- developer has stated that the Hon'ble High Court at Hyderabad in WP No. 3319/2023 passed orders that a society is meant for maintenance and upkeep of the Building/Apartment cannot perlorm or conduct any financial transactions as they are not complying with Section 3(l ) ol the Telangana Societies Registration Act, 2001. As the Co-Developer society cannot perform or conduct any authorized operations as per the aforesaid orders, the Parties herein have decided to seek transfer of the Co-Developer status lrom M/s. Fortune IT Society to M/s. Evermark IT Developers Pvt. Ltd, a company for conducting the authorized operations. I Total area (in Hectares) on which activities will be performed by the co-developer 1.178 million sq.ft. of built-up area 10. Proposed investment by the Co-developer (Rs in Cr.) l9 Crores (plug and play investment will be done by the units on occupancy) lt. Net worth olthe Co-developer (Rs. in Cr.) 0.41 Crores (The Co-Developer is a 100% subsidiary ol the Developer company. The Developer will be funding the Co-Developer and also mobilise funds from financial institutions) t2. Date of the Co-developer agreement Co-Developer Agreement dated 2.t.2024 Page 11 of 13

ompany. The Developer will be funding the Co-Developer and also mobilise funds from financial institutions) t2. Date of the Co-developer agreement Co-Developer Agreement dated 2.t.2024 Page 11 of 13

I Name ofthe Developer & Location M/s. Phoenix Space Pvt. Ltd, Sy. No. 286 & 287 at Puppalguda Village, Rajendra Nagar Mandal, Telangana 2 Date ol I-oA to Developer 3 I .3.201 7 Scctor of the SEZ IT/ITES 4 Date olNotification t9.6.20t7 Total notified area (in Hectares) 3.46 6 Whether the SEZ is operational or not No ( i). lfoperational. date ol operationalization NA ( ii). No. of Units NA (iii). Total Exports & Imports for the last 5 years (Rs. in Cr.) NA (iv). 'total Employment (ln Nos.) 7 Name of the proposed Co-developer M/s. Evermark IT Pvt. [.td Developers Details of Infrastructure facilities i authorized operations to be undertaken by the co- developer The proposed Co-Developer will be taking the existing bare shell on lease from the landowners for the purpose ol sub-leasing to IT SEZ units and for the purpose o{ operations and maintenance 9 Total area (in Hcctares) on which activities will be performed by the co-developer 0.433 million sft of built-up area 10. Proposed investment by the Co-developer (Rs. in Cr.) 6 Crores (plug and play investment will be done by the units on occupancy) ll. Net worth olthe Co-developer (Rs. in Cr.) Page 12 of 13 As per the directions of the Hon'ble court for the purpose of convenience in leasing the space and also for carrying out other SEZ authorized operations including operation and maintenance. development of infrastructure etc. M/s.

on'ble court for the purpose of convenience in leasing the space and also for carrying out other SEZ authorized operations including operation and maintenance. development of infrastructure etc. M/s. Fortune IT Society/Members have proposed to transfer its [-oA to M/s. Evermark IT Developers Pvt. Ltd with the same terms and conditions of the existing Co-Developer agreement bet,w,een Phoenix and Fortune IT Society. This will enable the landowners (members of the society) lo lease their space to M/s. Evermark I'f Developer s Pvt. Ltd, which will further sub-lease the space to the prospective SEZ units. In this regard, the following details have been submitted: - J 8.

t2 Date ol the Co-developer agreement Co-Developer Agreement dat 2.01.2024 Recommendation bv DC. VSEZ: DC, VSEZ has recommended the proposal for the consideration ofthe BoA. ll8.l2(vi) Cancellation of Formal Approval pertaining to M/s. Madhusheel lnfra Projects Pvt. Ltd, SEZ for IT/ITES at Sy. No.229-232, Caganpahad Village, Rajendra Nagar Mandai, Ranga Reddy District, Telangana. M/s. Madhusheel Infra Projects Pvt. L1d was issued Formal Approval dated 06.10.2008 fbr setting up of IT/ITES SEZ at Sy. No.229-232, Gaganpahad Village, Rajendra Nagar Mandal. Ranga Reddy District, Telangana over an area of I0.88 Hectares. The Formal Approval was lapsed on 05.10.201I and the SEZ is yet to be notified. DC, VSEZ has intbrmed that the Developer has not approached to O/o the VSEZ after 2009.

over an area of I0.88 Hectares. The Formal Approval was lapsed on 05.10.201I and the SEZ is yet to be notified. DC, VSEZ has intbrmed that the Developer has not approached to O/o the VSEZ after 2009. VSEZ vide letter dated 05.03.2013 had issued Show Cause Notice to the Developer as to why action should not be taken against them for imposition of penalty under FTDR Act. 1992 and for refund of exemption availed, ifany. No reply was reccived from the Developer. vSEZ vide letter dated 08.1 1.2023 has once again requested the Developer to submit their response to the SCN dated 05.03.2013 issued to them on or before 15.11.2023. No reply has been received from the Developer. Rule Dosition: - In tcrnts ol Rulc 6(A) ol the SEZ Rules. 2006. the Central Govemment mav review the letter of approval granted under sub-rule ( l) ol rule 6 on the recommendation of the Board. Recommendation bv DC , VSEZ: - DC. VSEZ has recommended the cancellation of Formal Approval of M/s. Madhusheel lnfra Projects Pvt. t.td. SEZ for IT/ITES at Gaganpahad Village. Ra.iendra Nagar Mandai. Ranga Reddy District. Telangana as reasonable oppomrnity has been given to the Developer. Page 13 of 13