हा i iin iia न्न् न नम a सबक ०५००-५2 ॥ पल — SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI. Pree OC PSEPECTCOES OCIS SCOPES EES rrrir eres rere rere rerverrrrrerrertrerrarers) AGENDA FOR MEETING -OF . THE -APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M/s. MINDSPACE BUSINESS PARKS PRIVATE LIMITED. SOURCE .-: Video Conferericing through Cisco WEBEX application. DATE : Wednesday, 23" August, 2023. TIME

12:30 P.M. ERREKE EER ER EERE

Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES. .of M/s.” Mindspace Business Parks’ Private Limited

• SEZ under the Chairmanship” of Development Commissioner, SEEPZ-SEZ on Wednesday,23"4 August, 2023, INDEX Agenda Item = Subject Confirmation of minutes of the meeting on Agenda Item No. 01: - 28.07.2023. Agenda Item No. 02 : Approval wrt. Addition of location in the existing Unit Letter of approval to include total area admeasuring 54,224 sq.ft at Unit No.i102, ist Floor, Building No.5 & 6, Mindspace-SEZ with revision in projections — M/s. Inventurus Knowledge Solutions Limited. Agenda Item No, 03 : Approval w.r.t. Change in Shareholding pattern and change in Directors of the Company = M/s. Courses Intelligence Private Limited (LOA-49) Agenda item No. 04: Approval w.r.t. Change in Shareholding pattern and change in Directors of the Company -_M/s. Coutse5 Intelligence Private Limited (LOA-55) ‘ea oR aoe oh केले: के oe ak के ok के: के के नेप्क मेसके a ah ae a

Minutes of 119°" Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Mindspace Business Parks Pvt. Lid. - SEZ, Alroli, Navi Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 28.07.2023 through Video Conferencing, ७+५२५४५५५५५५५७६४६६९५५%४५%४९६५५५४%६५५९४५४५%६९५५५६५६६६९५४५६६५९५%४५%६५५५४४%४६५६५५६०९४६९५५४५६६५१५९%५५७६७५६५५६५०५५६९५५४४७०९९५५६०६७९५५०%४५५%०*५५५०च5५,

1. Name of the SEZ : M/s. Mindspace Business Parks Pvt. Ltd. 2, Sector ४ TT/ITES
2. Meeting ne rr qigh
3. Date ४ .28.07.2023 Members Present: Sr. No Name of Members Designation Organization evel 1 -Bhri. ¢.P-S, Chauhan [& Development EEP2-SEZ, ommissioner,

हारने, Suni Mathews [O* Commissioner ominee of Income Tax office, Kautilya neome Tax Bhawan, Bandra, Mumbai. 3 hi, Himanshu Dhar eputy. Director DGFT |Nomineée of the DGFT, Mumbai. Pandey 4. Sint: Kirti Deshmukh eputy Director ominee of Directorate of Industries, Iniclustries umbail. Special Invitee:- Shri, R.A. Jain : Specified Officer, Mindspace-SEZ. Shri. Palash Shankar, ADC (New SEZ), Shri. Hanish Rathi, ADC (New SEZ), Shri. Haresh के, Dahilkar, ADC (New SEZ); Shri Manish Kumar, ADC (Néw SEZ); Smt. Bridget Joe, EA ta Development Commissioner (SEEPZ-SEZ), Smt. Rekha Nair’ Assistant, Shri GS.” Bhandari Assistant, Shri. Ravindra Kumar, Assistant and Rajesh Kumar UDC also attended for assistance and smooth functioning of the meeting. Agenda Item No.01: Confirmation of Minutes of the 118"" meeting held on 30.06.2023. ‘The Minutes of the 118 Meeting held on 30.06.2023 were corifirmed with consensus.

Agenda Item No. 02 : Approval wort, M/s, LTiMindtree Limited (LOA-S9}for transfer of Duty- Free Goods te Developer on payment of applicable dutles and taxes at M/s. Mindspace-SEZ, ‘The unit M/s. .LT{Mindtree Limited (LOA-59) located at M/s. Mindspace-SEZ has requested for transfer of Duty-Free Goods ta Developer’ on payment of applicable duties and takes as they are planning to thelf awn SEZ. Decision: After deliberation, the Conimittee approved the proposal of M/s. LTIMindtree Litnited (LOA-59) located at. M/s, Mindspace-SEZ for transfer of Duty-Free Goods to Developer ‘on payment of applicable duties and taxes, subject te following conditiins + +. Issuance of "No Dues Certificate” from the Specified Officer, + Asséssment of the goods by Custonis te be transferred to the Developer. Agenda Item No. 69 + Monitoring of Perforinance for tie period fram 2019-2020 te 2021- 2022 of M/s. LTIMindtree Limited (LOQA- 61). ‘The Annual Performance Report for the years 2019-2020 to 2021-2022 was submitted by the Unit and verified by the Specified Officer, Miridspace ~ SEZ vide letter dated 14.07.2023. The anit has achieved positive NFE on camulative basis ag par 5,079 verification repart. Decision » After deliberations, the Committee noted the performance of M/s LTIMindtree Ltd. (LUAs 61) located at MindspaceTM~ SEZ for the period 2019-2020 to 2021-2022 in terms of Rule 84 of SEZ Rules, 2006. Agenda item No, 04 : Monitoring of Performance for the period fram 2019-2020 to 2021- 2022 of M/s. LTIMbuitreé Limited {L04- 39). ‘The Annual Performance Report for the years 2019-2020 to 2021-2022 was submitted by the Unit and verified by the Specified Officer, Mindspace - SEZ vide letter dated 14.07.2023, ‘The unit has achieved positive NEE on curiulative basis as per 8.0's verification report, Deétision > After deliberations, the Committee noted the performance of M/s. L[1Mindtree Limited (08-59) located at Mindspace ~ SEZ for the period 2019-2020 to 2021-2022 in terms of Rule 54 of SEZ Rules, 2008, Agenda 168 No. 03 : Monitoring of Performance for the period from 2016-2017 to 2021-

2022 of M/s, LTIMindtree Limited (LOA- 51). The Annual Perforniance Report for the years 2016-2017 to 2021-2022 was submitted by the Unit and verified by the Specified Officer, Mindspace 5 SEZ vide letter dated 14.07.2023. The unit has achieved positive NFE on cumulative basis as per $.0's verification repart, Decision + After deliberations, the Committee noted the petformance of M/s. LTIMindtree Livilted (LOA: 51) located at Mindspaca ~ SEZ for thé period 2016-2017 te 2021-2622 In terms of Rulé 54 of SEZ Rules, 2006. Meeting ended with the vote of thanks to the Chair, {RK Mishra, IRS} thairpersér-cam Development Commissioné?, SEEPE-SEZ Signed by Chancderpalisingh Chauhan Date: 16-08-2023 12:52:53 Reasari: “Approved

Action taken for the UAC Meeting held on 28.07.2023 Name of SEZ Name of Unit Subject Action Taken M/s. LTIMindtree Limited. Approval wrt. Transfer of Duty- Free Goods to Developer on payment of applicable duties and taxes. Approval letter issued to the unit on-07.07.2023 M/s. Larsen & Toubro Monitoring Perfromance of APR for Mindspace ~ |Infotech Limited (L0A-61)_|the period 2019-2020 to 2021-2022 |. Mentoring Noted SEZ ० M/s. Larsen & Toubro Monitoring Perfromarnce of APR for Noted Infotech Limited (LOA-59) .|the period 2019-2020 te 2021-2022 M/s. Larsen & Toubro Monitoring Perlkromance of APR for Notéd Infotech Limited (LOA-51} the period 2016-2017 to 2021-2022

Firefox https://eoffice.seepz.co.in/eFile/Home#no-back-button SORE ERE EEK GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, MINISTRY OF COMMERCE & INDUSTRY, SEEPZ (SPECIAL ECONOMIC ZONE), MUMBAI KEREKERERE RAK नर AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal: - Application of M/s. Inventurus Knowledge Solutions Ltd at Mindspace - SEZ for additional location in the existing Letter of Approval with revision in projections b. Specific Issue on which decision of Approval Committee is required: - Additional location admeasuring 54,224 Sq. ft. at Unit No.102, Building No. 5&6, Mindspace Business Park -SEZ, Thane-Belapur Road, Airoli, Navi Mumbai-400708 with revision in projections. o . Relevant Provisions :- In terms of Rule 19(2) of SEZ Rules, 2006 states that - “Provided that the Approval Committee may also approve proposals for broad-banding, diversification, enhancement of capacity of production, change in the items of manufacture or services activity, if it meets the requirement of Rule 18” a . Other Information:- 1 Name of the Unit M/s. Inventurus Knowledge Solutions Ltd. 2 Present location Unit 801, Building No. 5&6, 8" floor, Sector 3, TTC Industrial Area, Mindspace Business Park| -SEZ, Thane-Belapur Road, Airoli, Navi Mumbai-400708, 7 [Admeasuring Area = 54,194 Sq. ft 3 LOA No. & Date "|SEEPZ/NEW-SEZ/SERENE-THANE/56/IKSPL/ 2017-18/09011 Dated 04.05.2017. (Original LOA) . SEEPZ/NEWSEZ/SERENE-THANE/56/IKSPL/ 2017-18/Vol-1/19424 . Dated = 23.11.2022. (Renewal of LOA) 1 of 5 8/21/2023, 5:32 PM

Firefox 20615 4 Items of Manufacture/Service https://eoffice.seepz.co.in/eFile/Home#no-back-button Information| Technolog Computer _ Software and Technology and Information Enabled Services. 5 Date of Commencement of Production 01.10.2017. a LOA valid upto . 30.09.2027. 7 Proposed additional area Unit No.102, Building No. 5&6, Mindspacel Business Park -SEZ, Thane-Belapur Road| Airoli, Navi Mumbai-400708. Admeasuring Area - 54,224 Sq. ft Whether copy of No Objection / Certificate/ No Dues Certificate from the Developer is submitted or not? Yes. The unit has obtained No-Objection Certificate Mindspace-SEZ| wherein the. developer in its NOC dated] 10.07.2023 has confirmed that there are no outstanding dues as on date pertaining to this unit as on 30.06.2023. from the Developer M/s. Whether’ copy of No Dues Certificate » | from the Specified Officer is submitted or not? NA. Whether the unit has submitted the 10 jrevised projection in respect of additional location. Yes. The unit has stated that “there will be revision in projection for Exports, Investment and Employment etc”. 11 |Documents/Details submitted by Unit a. Application filed through SEZ Online System (Request Id: 422300216240) b. Form F3 c. Original & Renewed LOA copy of the Existing Unit No. 801 d. Revised Projection Sheet ९. Board Resolution copy for proposed addition 1 List of indigenous & Imported Capital Goods & Services. g. APR Copy (FY 2022-23) h. Letter of allotment from Developer Revised Area and Location: The details of existing and revised area of operations are as under - Existing Unit Address Proposed Unit Address Proposed Post Addition Area/Unit Address Unit 801, Building No. 5&6, gth Unit No.102, Building No. 5&6, Unit No. floor,-Sector 3, TTC Industriall1®* floor, Sector 3, Mindspace|Building No. 5&6, 1st @ gth Area, Mindspace Business ParkiBusiness Park 102, Unit 801, -SEZ, Thane-|floor, Sector 3, TTC Industrial 8/21/2023, 5:32 PM

Firefox 3 of 5 -SEZ, ‘Thane-Belapur’ Road, Airoli, Navi Mumbai-400708. Belapur Road, Airoli, Navi|Area, Mindspace Business Park] Mumbai-400708. https://eoffice.seepz.co.in/eF ile/Hometino-back-button -SEZ, Thane-Belapur Road, Airoli, Navi Mumbai-400708 . Total Area : 54,194 Sq. ft Total Area : 54,224 Sq. ft Total Area : 1,08,418 Sq. ft The unit has stated vide ther letter dated 10.07.2023 as under: Reason for Addition: In this connection, they have stated that, their management has decided to obtain the additional space at Building No. 5&6, ie.at 54,224 sq.ft. area at Unit No.102, Building No. 5&6, Mindspace Business Park -SEZ, Airoli, as their business is getting expanded for which they wil require additional new space in the form of new independent unit for expansion. Revision in Projections: The details w.rt. the revised projections for Exports, Investments and Employment of the unit are as under: Sr.No Item Existing Projections Revised Projections Men Women Men Women 1. |Employment 351 894 812 2069 (Rs. In Lakhs Existing approved Proposed Projections Projections for 5 years for 5 years i.e. for Sr.No. Details Le. for 2022-23 to किŒ 2026-27 2022-2310 2026-27 1 Investment- Plant and : Machinery (Rs. In lakhs) @ Indigenous _ 523.50 _ 523.50 (ii) Imported 401.50 401.50 Total Investment ~ Plant 925.00 925.00 and Machinery ;

Import and Indigenous 2. requirement of material and other inputs (Rs. In lakhs} (1) Imported Capital Goods 523.50 523.50 (ii) Indigenous Capital Goods 401.50 401.50 Total Capital Goods 925.00 _ 925,00 3. Services (Rs. In lakhs) @ Imported Services | 0.00" | | ooo 8/21/2023, 5:32 PM

Firefox hittps://eoffice.seepz.co.in/eF ile/Home#no-back-button Gi) as Services at

Total Services 2176.64 2176.61 FOB Value of Exports for 5 726,95 4 | years (Rs. In lakhs) 7486483 1072269 Foreign Exchange outge for 5 wate 5. years (Rs. In lakhs) 1414.96 960.06 Net Foreign Exchange 6. Earnings for 5 years (Rs. ol 73449,.87 106266.89 “rama. 25) ** It is seen from the abave that on addition of location there is'no chatige in import of capital goods and sérvices as can be seen in sx no. 1, 2 & 3 above. However it is to also mention that on addition of lecation though there’ is an increase i, exports Vis-a-viz reduction ii the FE-outgo (import) .. Hence 2 justification was called, Unit vide letter dt. 02.08.2023 has complied with the following information :- 2 of (Existing Details of Data 3 : : . \ Unitnoct 801) ~ (Additional space Les | *- for 2022-29 to Particulars for 2022-23 to 2026-27 Unit no. #102 ) हे 27 (Rs. in Lakhs) (Rs. in Lakhs) Row, हि se fA) हे) in Lakh : ene LAB) = (C ee on board value i है है हु of Exports for All 5 74,864.83 - 32,362.13 4,07,226.96 a exchange. . जज सी ee 105.42 960.06 ‘“Voulgo for 5 years” |(Barlier it was 1444.96 व Net Foreign Exchange! 7401019

vege 8533 106.2 earnings for 5 years : 26,5853 06,266.90 (Earlier it was 73,449.88) Note .1 1 hustification for reduction in FE Ouitge Umport) 1. Post covid, despite circular towards catrying out WEH to all SEZ unit holder, to enhance the overall productivity, lots of unit holders asked their employees to come in office either on daily bases.or on hybrid mode, 2. On corning to office for work, the attrition rate into the [T & ITES Industries has shown _. tremendous upwards in. numbers. On monthly basis, there is approx. 500 to 700 “employees at sothe of the 4 units. है 3. New management policy emerged, in which, the pracurement of goods were preferably on rental basis for the attribution rate of employees. 4. Management is of the opinion, to Make procurement of goods from DTA to promote and encourage their Indian made goods under the vision of Central Government. 5. Their company in actually and productively contributing the earning of Exports -by reducing Import which will be going outside country and it will be precluded by their company by implementation. हि 6. -hustificdtidn on Capital goods बाएं ब5 stated belaw : Type of Proposed a]. Unit's. Particulars Existing (ene aa Reasons a :. “1 Procurement} “{Rs. in (Rs. है . Lakhs) | Lakhs} 40f5 8/21/2023. 5:32 PM

Firefox . rey : : . https://eoffice.seepz.co.in/eFile/Home#no-back-button a of Capital Indigenous ~~ /523.50 523.50 ss executed dn _23.11.20222 Goods.{Rs-in Lacs}. ie oa Peper Sp which is accepted on 02.02.2023 : Import 401.50

• 1401.50 with the duty value -of Rs. 516.17 Lacs which is sufficient for DTA + a import duty utilization. Hence, there ae fos is no direct impact on -import o additional Capital .goods in -cash| flow terminology. ; If there is any future requirement, then they will execute the additional BLUT for ..compliance ~ towards import / indigenous capital goods /| services. ; OBSERVATIONS :- (A) It is to mention that on additional location there is increase in exports only over a period of 5 years (8B) Also the imports appreved as per the LOA of 2022 to 2027 has been reduced on additional location i.e. approved import of Rs. 1414.96 lakhs vide LOA dt. 23.11.2022 has been shown as Rs. 854.64 lakhs with an increase of 105.42 lakhs on additional lecation totallying' to Rs. 960.06 lakhs [854.64+105.42=960.06] _ " é, ADC Recommendation

« The application for Additional location: i.e, admeasuring area 54,224 Sq, ft located at Unit No.102, Building No. 5&6, Mindspace Business Park -SEZ, Thane-Belapur Road, Airoli, Navi « Mumbai-400708, ‘with revision’ in projections for 2022-23 10 2026-27 is submitted to Approval Committee for consideration in terms of Rulel9(2) of SEZ Rulés, 2006. के HER के के HR aR OR ३ क कम के के ea oi sk a ae Ske S ofS 8/21/2023, 5:32 PM

Firefox https.//eoffice.seepz.co.in/eFile/Hometno-back-button GOVT. OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, MINISTRY OF COMMERCE & INDUSTRY, SEEPZ (SPECIAL ECONOMIC ZONE) MUMBAI iar ea eee AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal: - Request of M/s. CoutseS Intelligence Limited located at Mindspace-SEZ for Change in Shareholding Pattern and Change in Board of Director of the Company. b, Specific issue’ on which decision of Approval Committee is required:- Request for Change in Shareholding Pattern arid Change in Board of Director of thie Company. ¢ Relevant provisions of SEZ Act, 2005 & Rules, 2006/ Instruction/ Notification: MOC&! Instruction No. 109 dated 18* October, 2021 < “In. supersession of Instraction No. 89 dated 17.05.2018 and Instruction No. 90 dated 03.08.2018 ofthis Department on the subject cited above and in exercise of provisions of Section 10(14) of the SEZ Act, 20085, it is hereby conveyed that the guidelines for approval in the cuses of reorganization including change af name, change of shareholding pattern, business transjer arrangements, court approved mergers and demergers, change of constitution, change of Directors, ete.-of SEZ Developers / Co-developers as well as SEZ Units shall be as follows. fi) Reorganization including change of shurehdiding pattern, business transfer wrangements, court dpproved, mergers arul demergers, change of constitution, change of Directors efc,.may be underttiken by the Unit Approval Committee (WAC) concerned subject to the condition that the Developer # Co-Developer / Unit shall not apt out or exit out of the SEZ and continues to operate as a going concern...All Habilities of the Developer / Co-Developer / Unit shall remain unchanged ori.such reorganization. d, Other Information: - कु

• BEEPZ/NEW-SEZ /SERENE-THANE/49/2014-15 | a hor No, & Date (pas Dated 12.11.2014. | 2 Unit Location lunit No. 02, 87 Office floor, Bldg. no. 03, | | ca MBPPL-SEZ, Airoli, Navi Mumbai हि a fofS a 8/21/2023, 5:35 PM

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of Information Technology Enabied Services, manufacture/ services|/Market Research and Analystics Date of commencement of कारक | roduction 5. LOA Valid upto | 22024 (as per validity of registered lease deed)... aoe Application for proposed Change in Shareholding Pattern through SEZ Online System « Form DIR 12 « Copy of Board Resolution 7 »* Undertaking regarding No Liability/cases pending against the Directors

• List of Board of Directors The detailed shareholding pattern

• Undertaking as per instruction no. 109 « Copy of All Letter of Approval
• Memorandum, of Association
• Articles of Association P submittéd by unit. Following are the points:

1. The unit vide letter dated 19.06.2023 has stated as under: a. Allotment and transfer of shares of the Company “The Company -has ‘approved allotment -of Compulsory” Convertible Preference Shares and transfer/distribution of shares of the Coimpariy. Due tothe Shareholding Pattern of the Company is changed and same needs to be updated. 2, The unit vide letters dated 19.06.2023, 19.07.2023 and 14.08.2023 has complied / provided with required detaiis/documents.

4, The details of Shareholding Pattern of the company is as under: Sr. No. Name of .. the/Existing Shareholding Proposed Shareholding Shareholders Pattern Pattern No. of Shares (% No. of Shares % 1... |Riddhymic 1,87,01,552 18.99 1,87,01,552 19.03 Technologies Private Limited 2. jAshwin Mittal 92,05,798 9.35 57,66,496 5.87 3 . [Riddhymic 2,76,12,753 28.05 2,76,12,753 28.10 ww. [Technoserce LLP . 4..iAM Family Private! .1,93,49,094 19.65 2,27 88,396 23.19 Trust ode Set 5. {Sheila Mittal | 8 | 0.00 | 8 9.00 20f5 . : 8/21/2023, 5:33 PM

Firefox 3 of 5 https://eoffice.seepz.co.in/eFile/Homesno-back-button 6 .../Ramesh Mittal 8 0.00 8 0.00 7 Ria Mittal 20,00,000 2.93 20,00,000 2.04 | 8 |Kumar Mehta _2,04,36,387 | 20.76 2,04,36,387 20.80 | 9 | Anees Merchant 3,49, 157 0.35 3,49,157 0.36 10. |Ajit Sankar 349,157 0.35 3,49,157 0,36 11. /Prashant Bhatt 87,286 | 009 | 87,286 | 0.09 । 12. |Suchitra Eswaran 174878 0.18 174578 0.18 13 |Farid Kazani 1,909,000 0.19 Nil Nil व (360 One Special ee

14,16,029 1.44 Opportunities Fund Series 8 15 360 ; One

849,618 0.86 Monopolistic Market Intermediaries 16. |Nuvama. Crossover — 7,77,909 0.79 - Opportunities fund-Series IT 17 JNavama. Crossove ~ ae 5,86 ,802 0.60 Opportunities fund- Series IIIA 18 ...Nuvama Crossover] = न 5,04,447 0.51 Opportunities fund-Series 173 19 [360 . ONE Large

~ 56,641 0.06 Value Fund-~ Serie 20.360 - ONE. Large P| P| 33,984 0.03 Value ~ Fund-Series 4 ve 21.360. ONE . Large ees

1,35,939 0.14 Value Fund- Series) 22. 360 ONE | Large

~ 56,641 | ?० | Value Series 11 “23': 1360 -ONE Large: ~ 56,641 0.06 Value Series 12 24 (Carnelian Asset ae

4,71,979 0.48 Management LLP 25. (Carnelian ~ 3,25,106 0.33 Structural Shift Fund {AIF Scheme 26. |Elpro International P| 1,53,285 0.16 Limited . 27 ..\Abafit India Private po 1,53,285 0.16 Limited 28. jAgiza Malik Famil eae

61,314 0.06 Trust 29 |Monika Garware | a 61,314 "0.06 Total 9,84,55,778 (100.00 9,84,55,778 100.00 Compulsory Convertible Preference Shares No. of % No. of % 8/21/2023, 5:33 PM

Firefox 4ofS https://eoffice.seepz.co.in/eFile/Home#no-back-button Shares Shares 1 (360 One Special Opportunitie

P|

67,58,496 129.62 Fund Series 8 2 (860 One Monopolistic’.. Market ae | 40,595,097 [17.77 Intermediaries fund _ : | है 3 Nuvama . Crossover Opportunities a - 37,12,848 116.27 fund-Series UI 4 |Nuvama. Crossover Opportunities pa] | | 28,00,721 |12.27 fund — Series TIA 5 |Nuvama Crossover Opportunities| P| | 24,07,647 [10.55 fund - Series ; : 6 13860 ONE Large Value Fund - Series, po = 2,70,340 . 1.18 ०.92 . 7. 360 ONE Large Value Fund - Series ee न 1,62,204 10.71 214 . 8 1360 ONE Large Value Fund ~ Series ~

6,48,816 . 2.84 9 _ [360 ONE Large Value Fund - Series

po 2,70,340 1.18 ll. 10 [360 ONE Large Value Fund - Series!

~ 4,39,624 [1.93 11 |Carnelian Asset Management LLP

~ 5,09,269 (2.23 12 (Carnelian Structural Shift Fund ~

1,82,479 10:80 13_|Elpro International Limited

1,82,479 0.80 14 |Alufit India Private Limited

1,82,479 0.80 15 jAziza Malik Farnily Trust ~ “ 72,991 0.32 16 |Monika Garware Pee | aa 72,991 10.32 Total - _ oS ‘ ie 2 2,28,16,682|100 “il, (he details of Change in Board of Directors Existing list of Change Status .../List of Change of | Sr. Status No. --|of Board of Directors | Board of Directors 1. {Ashwin Mittal No Change j|Ashwin Mittal No Change 2. Ramesh Mittal . | No’ Change [Ramesh Mittal No Change 3. _-|Sheila Mittal .. cs No Change |/Sheila Mittal _No Change

4.०1. /Vinati Saraf Mutreja No Change |Vinati Saraf Mutreja| No Change 5.-~ |Simon Chadwick... __| No Change |Simmon Chadwick No Change 6. | Vikas Khemani Resigned |Chetan Naik Appointed Te Anupam Mittal ‘| Resigned |Pranav Parikh Appointed 8. | Kumar Mebta Appointed 9. | ; Kartik Badiani Appointed The unit has stated that, due to technical issues with ROC website, forms are in process filing for appointment of Shri..Kumar Mehta, Shri. Chetan Naik and Shri. Pranav Parikh. Once filed with ROC will submit same with this office. “f ADC’s Recommendation: न 8/21/2023,.5:33 PM

Firefox hitps://eoffice.seepz.co.in/eF ile/Home#no-back-button _. Proposal of M/s. CourseS Intelligence Limited, located at Mindspace- SEZ for approval for Change in Shareholding Pattern and Change in Board of Directors of the Company is placed before the. Approval Committee for consideration’ in terms of MOC&I Instruction No. 109 dated 18" October, 2021, subject to compliance of following documents/ details:-

1. Copy submitted before ROC
2. Form DIR 12 (i.e. Appointment of Mr. Chetan Naik, Mr. Pranav Parikh and Mr. Kumar Mehta.} अंक ३. आ के से के पद से के जे आ अं कफ कक कक के केक 8/21/2023, 5:33 PA

Firefox https://eoffice.seepz.co.in/eFile/Home#no-back-button GOVT. OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, MINISTRY OF COMMERCE & INDUSTRY, SEEPZ (SPECIAL ECONOMIC ZONE) MUMBAI हा hd AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a. Proposal: - Request of M/s. Course5 Intelligence Limited located at Mindspace-SEZ for Change in Shareholding Pattern and Change in Board of Director of the Company. 9. Specific issue on which decision of Approval Committee is required:- Request for Change in Shareholding Pattern and Change in Board of Director of the Company. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/ Instruction/ Notification: MOC&I Instruction No. 109 dated 18** October, 2021 - “In supersession of Instruction No. 89 dated 17.05.2018 and Instruction No. 90 dated 03.08.2018 of this Department on the subject cited above and in exercise of provisions of Section 10(10) of the SEZ Act, 2005, it is hereby conveyed that the quidelines for approval in the cases of reorganization including change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution, change of Directors, etc. of SEZ Developers / Co-developers as well as SEZ Units shall be as follows. (i) Reorganization including change of shareholding pattern, business transfer arrangements, court approved, mergers and demergers, change of constitution, change of Directors etc. may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer / Co-Developer / Unit shall not opt out or exit out of the SEZ and continues to operate as a going concern. All liabilities of the Developer / Co-Developer / Unit shall remain unchanged on such reorganization. d. Other Information: - 1. LOP No. & Date SEEPZ/NEW-SEZ/SERENE-THANE/55 /BMSIPL/2016-17/04351 Dated 02.03.2017. 2. Unit Location Unit No. 302, 314 Floor, Building No. 3, Mindspace Business Park Private Limited- SEZ, Thane-Belapur Road, Airoli, Navi 1 of 5 8/21/2023, 5:34 PM

Firefox https://eoffice.seepz.co.in/eFile/Uome#no-back-button Mumbai-400708. 3. Item(s) of manufacture//Information Technology and Information services Technology Enabled Services namely Online Data Processing, Online Analytics and Online Market Research 4. Date of commencement off01.11.2017 production 5. LOA Valid upto 30.10.2027 ; e. Documents i. Application for proposed Change in submitted by unit. Shareholding Pattern through SEZ हु Online System. ii..Form DIR 12 iii. Copy of Board Resolution iv. Undertaking regarding No Liability/cases pending against the Directors v. List of Board of Directors vi. The detailed shareholding pattern vii. Undertaking as per instruction no. 109 vill. Copy of All Letter of Approval ix. Memorandum of Association x. Articles of Association Following are the points:

1. The unit vide letter dated 19.06.2023 has stated as under: a. Allotment and transfer of shares of the Company The Company has approved allotment of Compulsory Convertible Preference Shares and transfer/distribution of shares of the Company. Due to the Shareholding Pattern of the Company is changed and same needs to be updated.
2. The unit vide letters dated 19.06.2023, 19.07.2023 and 14.08.2023 has complied /provided with required details/documents.The details of Shareholding Pattern of the company is as under: ~ No. |Name of the| Existing Shareholding | Proposed Shareholding Shareholders Pattern Pattern No. of Shares % No. of Shares %

|Riddhymic 1,87,01,552 18.99 | -1,87,01,552 18.99 Technologies Private Limited 2 |Ashwin Mittal 92,053,798 9.35 1,52,64, 174 15.50 2 of 5 8/21/2023, 5:34 PM

Firefox https://eoffice.seepz.co.in/eFile/Home#no-back~-button 3 Riddhymic 2,76,12,753 28.05 2,48,35,899 25.23 Technoserce LLP 4 AM Family Private! 1,93,49,004 19.65 1,18,49,094 12.03 Trust 5 _|Sheila Mittal

| 8 | | 0.00 | |_ 8 
|| | 0.00 |
| 6 | Ramesh Mittal 
| 8 | |_0.00 | | 8 | | 0.00 |

7 Ria Mittal 2000000 2.03 20,00,000 2.03 | 8 [Kumar Mehta 2,04,36,387 | 20.76 | 1,90,24,732 | 19.32 | 9 | Anees Merchant 9,49, 157, 0.35 278,356. 0.28 10 |Ajit Sankar 3,49,157 0.35 3,49,157 0.35 11 [Prashant Bhatt 87,286 | 0.09 | 87,286 | 0.09 | 12 |Suchitra Eswaran 1,74,578 0.18 1,74,578 0.18 13 |Farid Kazani 1,90,000 0.19 1,90,000 0.19 14 {360 One Special] | | | | 14, 16,029 1.44 Opportunities Fund] Series 8 15 1360 One. Monopolistic|

oe 8,49,618 0.86 Market Intermediaries| fund: 16 jNuvama Crossover P| P| 7,77 ,909 0.79 Opportunities fund- {Series TH: ~ ; 17 |Nuvama Crossover | po 5,86,802 | | Opportunities fund- Series IIIA 18 |Nuvama Crossover] | 7 5,04,447 0.51 Opportunities fand- Series 1113 19 |360 ONE Large Value | | | | 56,641 | 0-09 | Fund- Series 2 20 360 ONE Large Value Po | _| 33,984 0.03 Fund-Series 4 ~ 21 |360 ONE Large Value Po | | | 1,35,939 0.14 Fund- Series 10:

360 ONE Large Value| po | | | 56,641 | 208 | Series 11 23 |360 ONE Large Value P| |_ | 56,641 | 0०6 | Series 12 24 |Carnelian Asse P| |_ | 4,71,979 0.48 Management LLP 25 {Carnelian Structural | | | 3,25,106 0.33 7. जि«या. Fund (AI Scheme, 26 |Elpro International P| - 1,53,285 0.16 “ [Limited 27° |Alufit India Private | _ | |_ | ' 1,53,285 0.16 Limited 28 |Aziza Malik Famil |. | | | 61,314 | 9.08 | Trust 29 |Monika Garware | - | | - | 61,314 | 0.06 | ‘Total 98455778 100 9,84,55,778 100 Compulsory Convertible Preference Shares 8/21/2023, 5:34 PM

Firefox 4 ofS https://eoffice.seepz.co.in/eFile/Homefno-back-button No. of % No. of % - Shares . Shares 1 ३60 One. Special Opportunities| || ' 67,58,496 (29.62 Fund Series 8 है 2 i360 One . शि®क्ा°णएजीडाएए . Market

|| 40,55,097 {17.77 Intermediaries fund 3 |Nuvama .Crossover Opportunities ae

37,12,848 (16.27 fund-Series UI . a 4 jNuvama »Crossover Opportunities | | | | 28,00,721 112.27 fund - Series TIA 5 |Nuvama .Crossover Opportunities po | Be 24,07,647 {10.55

{fund — Series eT 360 ONE Large Value Fund - Series P| | | 2,70,340 {1.18 7 (360 ONE Large Value Fand ~ Series’ P|

| | 1,62,204 . 0.71 B 360 ONE Large Value Fund ~ Series 6,488,816 12.84 9 1360 ONE Large Value Fund ~ Series! a - 2,70,340 11.18 10 (860 ONE Large Value Fund - Series!

“ 4,39,624 11.93 12 11 .|Carnelian Asset Management LLP | [| 5,09,269 | (2.23 12 [Carnelian Structural Shift Fund

• = 1,82,479 {0.80 13 jElpro International Limited | ~

1,82,479 0.80 14_ {Alufit India Private Limited ~ 1,82,479 {0.80 15 _jAziza Malik Family Trust

72,991 ._ [0.32 16 {Monika Garware

[= | 72,991 0.32 Total | | [| 2,28,16,682/100 ii. The details of Change in Board of Directors Sr. |Existing list of Change Status वर्ड´ of Change of Status No. 0 Board of Directors न Board of Directors धर 1. Ashwin Mittal No Change Ashwin Mittal No Change 2. Ramesh Mittal No Change jRamesh Mittal No Change 3. Sheila Mittal No Change {Sheila Mittal No Change 4... Winati-Saraf-Mutreja --.~ |-No Change |Vinati Saraf-Mutrejal:- No Change 5. Simon Chadwick No Change |Simon Chadwick No Change io. | Vikas Khemani Resigned {Chetan Nail Appointed 7. |Anupam Mittal Resigned |Pranav Parikh | Appointed | 18 | ॒ kumar Mehta Appointed 9 Kartik Badiani Appointed

• The unit has stated that, due to technical issues with ROC website, forms ‘are in process filing for appointment of Shri. Kumar Mehta, Shri. Chetan Naik and Shri. Pranav Parikh. Once filed with ROC will submit same with this office. 8/21/2023, 5:34 PM

Firefox 5 of 5 https://eoffice.seepz.co.in/eFile/Home#no-back-button f. ADC’s Recommendation: - Proposal of M/s. Course5 Intelligence Limited, located at Mindspace- SEZ for approval for Changé in Shareholding Pattern and Change in Board of Directors of the Company is placed before the Approval Committee for consideration in terms of MOC&lI Instruction No. 109 dated 187 October, 2021, and subject to compliance of following documents/ details:-

1. Copy submitted before ROC 2, Form DIR 12 (i.e. Appointment of Mr. Chetan Naik, Mr. Pranav Parikh and Mr. Kumar Mehta.) फेक 8/21/2023, 5:34 PM