20/09/2023 — 07-7-eon-kharadi-phase-i

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/S. EON KHARADI INFRASTRUCTURE PVT. LTD.-SEZ, PHASE I.

Via Video Conferencing

DATE : 21.09.2023

TIME : 11:00 A.M.

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MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 21.09.2023

INDEX

Agenda Item No.

Subject

Agenda Item No. 01 :- Confirmation of the Minutes of the meeting held on 10.08.2023 Agenda Item No. 02 :- Application for Approval of Partial Deletion and Revision in projection submitted by M/s. Company3 Method Pvt Ltd. Agenda Item No. 03 :- Application for Approval of Change in Board of Directors submitted by M/s. LTIMindtree Ltd.-Unit-10

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GOVT.OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ-SEZ (PUNE CLUSTER)

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AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

a. Proposal: -

• Request by M/s. Company3 Method India Pvt. Ltd., an IT/ITES unit located in EON Kharadi Infrastructure Pvt Ltd.-Phase-I.- SEZ for partial deletion of area admeasuring 27,100 Sq.ft. and revision in projections.

b. Specific Issue on which decision of Approval Committee is required: - • Approval of the Approval Committee for

1. Partial deletion of area admeasuring 27,100 sq.ft. to the existing area of 83,196.44 Sq.ft.. and
2. Revision of projection on account of above deletion of location,

in terms of Rule 19(2) of SEZ Rules, 2006, as detailed below:

i. Location / area proposed to be deleted:

Existing address and area in sq.ft Proposed address and area in sq.ft. to be deleted Address and remaining area in sq.ft after deletion 7th Floor, Cluster D, Wing 2 and 3 and 7th Floor, Cluster E, Wing 2, EON Free Zone, EON Kharadi Infrastructure Pvt Ltd.-Phase-II-SEZ

Admeasuring area: 83,196.44 Sq.ft 7th Floor, Cluster E, Wing 2, EON Free Zone, EON

Kharadi Infrastructure Pvt Ltd.- Phase-II-SEZ

Admeasuring

area: 27,100 Sq.ft 7th Floor, Cluster D, Wing 2 and 3, EON Free Zone, EON

Kharadi Infrastructure Pvt Ltd.- Phase-II-SEZ

Admeasuring area: 56, 096.44 Sq.ft.

ii. Revision in Projection:

Projections of Investment and Employment: (Rs. In Crores)

Sr.No Item Existing Projection Revised Projection 1. Value of Capital Goods i. Indigenous 48.84 19.54 ii. Imported 60.78 24.31

Total 109.63 43.85 2. Value of Services File No.S-SEZ-PRO0EON1/31/2022-JDCP I/2787/2023 88

i. Indigenous 0.00 78.35 ii. Imported 0.00 1.25

Total 0.00 79.60 3. Employment Men Women Men Women 1820 780 1428 147

TOTAL 2600 1575

Approved Projection: (Rs. In Crores)

Sr.No Particulars 2021-22 2022-23 2023-24 2024-25 2025-26 Total 1. FOB Value of exports 151.70 166.86 183.55 201.91 222.10 926.12 2. Foreign Exchange outgo 11.50 12.10 12.73 13.40 14.10 63.83 3. Net Foreign Exchange 140.20 154.76 170.82 188.51 208.00 862.29

Proposed Projection: (Rs. In Crores)

Sr.No Particulars 2021-22 Actual 2022-23 Actual 2023-24 2024-25 2025-26 Total 1. FOB Value of exports 172.60 182.64 152.25 163.38 179.51 850.38 2. Foreign Exchange outgo 37.10 1.38 5.09 5.36 5.64 54.57 3. Net Foreign Exchange 135.50 181.26 147.16 158.02 173.87 795.81

c. Relevant Provisions: -

As per First Proviso to Rule 19(2) of SEZ Rules,2006

“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 service activity, if it meets the requirements of rule 18”

d. Other Information: -

• M/s. Company3 Method India Pvt. Ltd. bearing LOA No. SEEPZ- SEZ/EKIPL-SEZ/DIPL/10/2011-12/4053 Dtd.18.03.2011.. • Date of Commencement: 16.05.2011 • LOA is valid up to: 15.05.2026 • Reason for Partial deletion and Revision of Projections: The unit has submitted that, they are not expecting any new business from their clients due to a writer’s indefinite strike and a slowdown in business due to the US recession. Therefore, they have decided to exit their additional space. • The Specified Officer has been requested for the ‘No Dues Certificate’ w.r.t. partial deletion of area vide letter dated 01.08.2023 • The unit has submitted the following documents with the application: • Online application for partial deletion and revision in projections File No.S-SEZ-PRO0EON1/31/2022-JDCP I/2787/2023 89

• Copy of form F3 • Copies of LOAs • Copies of BLUT • Copy of Boar Resolution • NOC from the Developer • Copies of APR • Approval Committee may kindly consider the proposal of the unit for partial deletion of area admeasuring 27,100 Sq.ft. and revision in projections in terms of Rule 19(2) of SEZ Rules, 2006 subject to submission of ‘No Dues Certificate’ from the Specified Officer.

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File No.S-SEZ-PRO0EON1/31/2022-JDCP I/2787/2023 90

GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ – SEZ (PUNE CLUSTER)

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AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

a) Proposal: Application filed by M/s. LTIMindtree Limited , located EON Kharadi Infrastructure Pvt. Ltd-SEZ Phase-I, for approval of Change in Board of Directors b) Specific Issue on which decision of Approval Committee is required: Approval of the committee for change in Board of Directors in terms of Instruction No. 109 dated 18.10.2021, issued by MOC&I, as detailed below: Existing List of Board of Directors: Sr. No Name of the Director Designation Date

of Cessation 1 Mr. A. M. Naik Non-Executive Chairman

2 Mr. S. N. Subrahmanayan Non-Executive Vice Chairman

3 Mr R Shankar Raman Non-Executive Director

4 Mr. Sudhir Chaturvedi President –Sales & Whole Time Director

5 Mr. Nachiket Deshpande Chief Operating Officer & Whole Time Director

6 Mr. Sanjeev Aga Independent Director

7 Mr. James Varghese Abraham

8 Mr. Rajnish Kumar

9 Mr. Vinayak Chatterjee

10 Mr. Debashish Chatterjee Chief Executive Officer & Managing Director

11 Ms. Apurva Purohit

12 Mr. Bijou Kurien

13 Mr. Chandrasekaran Ramakrishnan

14 Mr. Venugopal Lambu Whole Time Director & President Markets 10.01.2023 Proposed List of Board of Directors: File No.S-SEZ-PRO0EON1/3/2022-JDCP I/2794/2023 313

Sr. No Name of the Director Designation Date

of Appointment 1 Mr. A. M. Naik Non-Executive Chairman 23.12.1996 2 Mr. S. N. Subrahmanayan Non-Executive Vice Chairman 10.01.2015 3 Mr R Shankar Raman Non-Executive Director 28.10.2015 4 Mr. Sudhir Chaturvedi President –Sales & Whole Time Director 09.11.2016 5 Mr. Nachiket Deshpande Chief Operating Officer & Whole Time Director 02.05.2019 6 Mr. Sanjeev Aga 09.11.2016 7 Mr. James Varghese Abraham 18.07.2021 8 Mr. Rajnish Kumar 26.08.2021 9 Mr. Vinayak Chatterjee 01.04.2022 10 Mr. Debashish Chatterjee Chief Executive Officer & Managing Director 14.11.2022 11 Ms. Apurva Purohit 14.11.2022 12 Mr. Bijou Kurien 14.11.2022 13 Mr. Chandrasekaran Ramakrishnan 14.11.2022 c) Relevant provisions:
As per para (i) of Instruction no. 109, dated 18.10.2021, “Reorganization including change of name, 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 Special Economic Zone 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:  M/s. LTIMindtree Limited, located at 4th Floor, Wing 2, Cluster C, EON Free Zone, Plot No 1, S. No. 77 MIDC Kharadi Knowledge Park, EON Kharadi Infrastructure Pvt Ltd.-SEZ, Phase-I, Kharadi, Pune-411 014. has been granted LOA No. SEEPZ/EKIPL-SEZ/LTIL/54/2021-22 Dtd. 18.01.2022  DCP: 15.09.2022  LOA Valid upto: 14.09.2027  Reason for change of Directors: Mr. Venugopal Lambu has resigned as Whole Time Director & President Markets of the Company w.e.f. 10.01.2023.  The Unit has submitted the following documents with the application: o DIR 12 copy of Mr. Venugopal Lambu o Undertaking in the required format for the director Mr. Venugopal Lambu, who has resigned. File No.S-SEZ-PRO0EON1/3/2022-JDCP I/2794/2023 314

o Copy of payment receipts o Undertaking in r/o Instruction No. 109 e) ADC observation:  Approval committee may consider the proposal of Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021, issued by MOC&I

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File No.S-SEZ-PRO0EON1/3/2022-JDCP I/2794/2023 315