ANDHERI (EAST), MUMBAI.

AGENDA FOR MEETING OF THE -APPROVAL -COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF — M/s. PERSIPINA DEVELOPERS PRIVATE LIMITED. SOURCE. : Vidéo Conferencing through Cisco WEBEX application. DATE : Friday, 28% July, 2023 TIME 2 11:30 AVM. के रे के के शक के के मेरे eet ek

Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of M/s. Persipina Developers Private Limited

SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on Friday, 28*h July, 2023. INDEX Agenda Item No Subject Confirmation of minutes of the meeting held on Agenda Item No. O01:

31.01.2023. Submission of Quarterly Progress Report for the period October 2022 to December 2022 & January Agenda Item No. 02 : - 2023 to March 2023 and Half Yearly Progress Report for the period October 2022 to March 2023 - M/s. Persipina Developers Private Limited (Developer) RAKE AKER KKK के के के के नेट EKA EE

i DHE NOOR te pew renee caw Minutes of the 37 Meeting of the Approval Committee for Sector Specific Special Economie Zane of M/s. Persipina Developers Pet. Lil. - SEZ, at Village Telegaon and Panshil के Tatika Khalapur and Village Bhokarpada, Taluka --Panvel, Dist - Raigad; under the Chairmanship ~of Development . Commissioner, SEEPZ-SEZ “held on 31.01.2023 through Video Conferericing. 1, Name of the SEZ ४ 7 M/s. Persipina Developers Prt. Lid, ~ SEZ. 2. Sector :. IR/ITES 3. Mesting tio ५ ० हे 4, Date ४. 31.01 20 | एटा= Name of Members Designation ent Shri, OP. Ss. Jt. Development REPZ-ST 4 thauhan Commissioner, , SERPZ-SEZ. 7 2 Sho. Harmesh Lali Joint Commissioner Nominee of Incame Tax — ae Income Tax a Rete ily. Bhawan, Bandra, Mumbai. °3 Shri. Haroon Bilal Deputy ans DGFT Norninee of the DGFT, Mumbai, जि^या, Kirti Deputy Director (188 of Directorate of Industries, Deshmukh Industries hal. Asstt. Commissioner, Novainee of Commissioner of 5 Ir: M. Prabhakar msl Customs stoma, General, Air Cargo, Sahar, Shri. Indrajest

• 6 | हिd किf Field Officer Reminee of MPCB, Mumbai, | Deshtoakh

Special Invitees: * Shri RK. Jain 2) Specified Oficer, Persipina-SEZ. Shri. Haresh K. Dahilkar, ADC (New SEZ): ht. Raju Kuriar, ADO (New SEZ); ~ Smit, Bridget’ Joe, EA to Development Cornttissiser/Estate “Managér/(SEEPZ-SEZ); “Shi. Ravindra ‘Kuimar, Assistant and Smt. रहता Nair, Assistant’ algo attended for assistance end smooth functioning of the meeting. ““hgerida Trew: No, 1: Confirmuition of Minutes of the 257 meeting held on 27.10.2022.

Pe NOD met iu orca The Minutes of the 36 Meeting held on 27.10.2022 were confirmed with nonsensus, Agenda Ytem No. 02: Quarterly and Half yearly Monitoring -Performancs of the Developer ~ M/s. Persipina Developers vt. Lid. +SEZ. The Quarterly Performarice Régort for the pérlod April 2022 to Jume 2022, July 2022 ta September 2022 and Malf Yeeuly Perfotrmaiice Report for the period April 2022 a Officer, Petsipina SEZ vide letter dated 11.04.2023 and stated that there was no discrepancy to September 2022 was sibmitted by tue Developer and verified by the Specifi fond. Decision :- After déBberations, the Committee noted the performance of the Developer Mfs. Persipizia Developers Dit. Lad. SEZ of Quarterly and Half Yearly Perforiance Reporte for the ported April 2029 to dine 2022, July 2022 to September 2022 and April 2022 to September 2022. SUPPLEMENTARY AGENDA: Agenda Item No.0]: Reduesy of M/s. Yotta Infrastructure Solutions Priv located at Persipina-~SE2 for Acprovai wat, Change of name of the company Yotta Infrastructure Solations Prive:e Limited te M/s.-Yotta Data Servic: Limited. ‘The Unit requested For appe.-val for charige of name of the company © Yotta Infrastructure SoltHods Privat. Limited (Transferor) t6 M/s. Yotta Dat Private Limited (Transferee'Cn.) as govig contern basis. Décision:~ After deliber: ao, the tonmumnittes approved the proposal of Infrastructure Solutions Priv Yotta Infrastructure Séiitions Privat» Limited tTransferor} to M/s. Yotta De Private Limited (Transferée Coes g¢cng concern basis in accordance to the 15: Rule 192] of SEZ Rules; 2000 and b: struction No.i09 of MOCEL Linstead for change of nate of the company, rot M/a: Services vision of Farther, the Cotimittee also vpproved as there will be no change in C- -nposition of Board of Directors arid: Shareholdiig Pattern of the Conipany due to char of the Company as under:

ad Pile NOORA lew vores List of Shareholders of Yotta Data S-rvices Private Limited ie “Name of the Shareholder No. ६ of the Shareholder

No 1 tility Holdings Limited 2 Infin Data Centre Holdings: Limited. है Total 100,04 fist of Board of IMzectors of Vota fvta Services Private Limited ——— No Name fame D a esignation ~_ 1 Sunil Gupta पु है! 5261 88.2. fanaging Director |-| कट arshan Hiranandani ne Ro0TSSS9 irector | Further, the Committee also directed the unit to comply with the following safeguards in terms of Instruction woo 10%, dated 18.10.2021. “6, The applicant shallconmply with 1५ 1, Seamless continuity of the SEZ wilvities with unaltered respotsibilities: and oblivations for the altered entiny 2. Fultillment of all eligibility eflteric applicable, including security clearances eto; hy the altered entity add its coneli “lexis, 3, Applicability of and compliance. 1 al Reverue/ Company Affairs /SEAI -ete.- Acts/Roles which regulate dgsue’ Uke capital gains, equity change, traister, foxabllity ete. 4. Pull “financial details “relating “te change in. equity/merger, dererger, amalgatiation of franster in ownership ete: shall be Aumished bntuediacely to Menber पार), - CADT, Departcent of Revefiie and to. thé jurisdictional ° ‘Authority. है 5, The Assessing Olficér shal gain/lose atising out of thet be applicable and eligibility for de: action me Tax Act, 1961. “avant State Goverment laws, includir + those trarisfer and ownérships etc. under rélevant sections of th relating to lease of land, as applivaite. 7. The applicant ahall-Runieh detei'« of PAN and jurisdictional assessing 01:68: of the unit te CBDT. है, The applicant ‘sliall ‘be recogitize.. by the new namé or such arrangeme.* in all - the records:

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Meeting ended with the vote of tharike to the Chair: Signed by Shri. Shyam Jagannathan Date: 07-02-2023 22:59:54 Reason: Approved Chairperson-cum-~ Development Commissioner oo

Action taken for the UAC Meeting held on 31.01.2023 Name of SEZ Name of Unit Subject Action Taken Persipina - SEZ M/s. Persipina Developers Pvt. Ltd. Monitoring performace of QPRs {April 2022 to June 2022 and July 2022 to September 2022) and HPR (April 2022 to September 2022) Monitoring noted M/s. Yotta Infrastructure Solutions Pvt. Ltd. Approval w.r.t. Change of Name of the Company from M/s. Yotta Infrastructure Solutions Pvt. Ltd. to M/s. Yotta Data Services Pvt. Ltd. Approval letter issued to the unit on 16.02.2023

Firefox : https://eoffice.seepz.co.in/eFile/Home#no-back-button GOVERNMENT OF INDIA OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, ANDHERI (EAST), MUMBAI अरभे आम आम मे रू मे रे सेफ के पं रे, AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal :~ Quarterly Progress Report for the period October 2022 to December 2022 (QPR) & January 2023 to March 2023 (QPR) and Half Yearly Progress Report for the period October 2022 to March 2023 (HPR). of M/s. Persipina’ Developers Private Limited- (Developers). b. Specific Issue on which decision is required :- Submission of Quarterly Progress Report for the period October 2022 to December 2022 and January 2023 to March 2023. Half Yearly Progress Report for the period October 2022 to March 2023. c. Relevant provision of SEZ, Act, 2006 & Rules: In terms of Rule 12(6), of SEZ Rules 2006 - “The. Developer shall maintain a proper account of the import or procurement, consumption and utilization of goods and submit quarterly and half-yearly returns to the Development Commissioner in Form E for placing the same before the Approval Committee”. In terms of Rule 22(4), of SEZ Rules 2006 - “The Developer shall submit Quarterly Report on import and procurement of goods from the Domestic Tariff Area, utilization of the same and the stock in hand, in Form E to the Development Commissioner and the Specified Officer and Development Commissioner shall place the same before the Approval Committee. d. Other Information : M/s. Persipina Developers Private Limited- (Developers), has been granted Formal Approval No. F.2/284/2006-EPZ Dated 15.10.2007 for IT/ITES at Village - Bhokarpada Taluka - Panvel, Dist.- Raigad, Maharashtra - 410206. The QPRs and HPR were forwarded to Specified Officer for verification. The Specified Officer vide letters dated 07.07.2023 has stated that the QOPRs के HPR submitted by the Developer has been verified and no discrepancy found. The detail report in respect of the Developer, M/s. Persipina Developers Pvt. Ltd. — (Developers). for the period October 2022 to December 2022 (Quarterly Progress nf2 AINA IRBAD ALAIN

Firefox है एए8:/#००ीँ००.३०००2.००-॥/थमीथणार्न—वा०-0ब०ए-कपाणा Report), January 2023 to March 2023 (Quarterly Progress Report) and October 2022 to March 2023 (Half Yearly Report) is as under : THE DETAILS OF GOODS & SERVICES PROCUREMENT: oe No DETAILS OF | rR | eR | | ome | GOODS & SERVICES OCT-DEC 2022) JAN-MARCH OCT 2022- PROCUREMENT हिd 2023 MARCH 2023 1. DTA | 900 | | ९० | | "० | 2. IMPORT | 900 | | "० | | “० | 3. TOTAL Value | 9.00 | | ९०० | | "० | THE UTILIZATION OF THE BOND VALUE DETAILS IS AS UNDER: ~ PARTICULAR | ee | rR हु | oR | OCT-DEC 2022 JAN-MARCH OCT 2022- 2023 MARCH 2023 1. Opening 66,80,82,322.00 | 66,80,82,322.00 | 66,80,82,322.00 Balance 20°08 Duty Forgone | ० | | ० | | ० | 3. Closing Balance | 66,80,82,322.00 | 66,80,82,322.00 | 66,80,82,322.00 As per the above details, there is NIL Durty Forgone in this said period ie. October 2022 to December 2022 (QPR), January 2023 to March 2023 (QPR) and October 2022 to March 2023 (HPR)..Further, the Bond Value has been checked and the duty forgone has not exceeded the bond value. There is no discrepancies found in Quarterly Progress Report and Half Yearly Progress Report for the above said period. Copy of Specified Officer’s letters dated 07.07.2023 are enclosed. e) ADC Recommendation: No Discrepancy has been found by the Specified Officer with respect to QPRs for the period October 2022 to December 2022 and January 2023 to March 2023 and HPR for the period October 2022 to March 2023 of M/s. Persipina nf 2 FAINT IAAND® ३-० DRA

Firefox https://eoffice.seepz.co.in/eFile/Home#no-back-button Developers Private Limited. Hence, monitoring performance of the Developer for said period is submitted before Approval Committee for consideration. अफफ के फेक के के के के के * कफ के के के. i | AINtINAAA nna FR