Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 30 -May -2024. — 01-10-wipro

AGENDA FOR MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/S. WIPRO LTD. (DEVELOPER) DATE — ; 30.05.2024 TIME =: 12:00 P.M. RRERERR EK EREER EERE

Agenda Item No. नि4 Confirmation of the Minutes of Agenda Item No. O1: - | the meeting held on 29.02.2024 Application for Change in Board Agenda Item No. 02: - | of Directors submitted by M/s. Wipro Ltd. (Developer and their 6 Units. KREKEKRERERERKEERERERERER

. उपस्थिˆत सदस्य क्रमांक नाम और पदनाम विIभाग लिy. [एस/श्री.) 1 श्रीमती मिlत्र हि“रेमठ पुणे कलस्टर एसईजेड, पुणे तंयुक्त विIकास आयुक्त पुणे 2 श्रीमती भारती आहूजा reat विIभाग से नामिlत महायक आयुक्त, आयकर विIभाग 8. Bi दिdलीराज दाभोले, So नि4वेशक डीजीएफटी विIभाग से नामिlत डीजीएफटी, “ मती मालती नायर, सीमा शुल्क अधीक्षक मां शुल्क विIभाग पुणे नामिlत' विIशेष आमंत्रि त सदस्य क्रमांक मे और पदनाम भाग ag (att.) 1 fr सतबीर शर्मा¢r प्रआईडीसी-एसईजेड, TUT नि4र्दिd¤ष्ट अधि§कारी एजेंडा आइटम नंबर 01: 05.12.2028 को आयोजिgत 25 वीं बैठक के कार्यrवृत्त की पुष्टिª विIचार-विIमर्शr के बाद, समिlतिn ने 05.12.2023 को आयोजिgत 25 वीं यूनि4ट अनुमोदन समिlतिn की बैठक के कार्यrवृत्त की पुष्टिª की। , एजैंडा आइटम नंबर 02: मेसर्सr विIप्रो लिyमिlटेड-एसईजेड के यूनि4ट-) के परफॉर्मे²स का मोनि4द्रि´ंग | विIचार-विIमर्शr के बाद, समिlतिn ने एसईजेड नि4यम, 2006 के नि4यम 54 के संदर्भr में, तीसरे ब्लॉक अवधि§ के विIत्त वर्षr 2018-19 से विIत्त वर्षr 2022-23 तक वर्षोंº के लिyए यूनि4ट के प्रदर्शrन को नोट कि¼या।

[४ | डीटीए बि€क्री आईएनआर में, राशिÒ करोड़ों में 2018-19 rr | 2019-30 7 एयर | 3020-91 | 8 | 2021-22 | यह | अडठ | rr | Total 130.71 * चूंकि¼ यूनि4ट को विIदेशी मुद्रा के बजाय भारतीय रुपये में भुगतान प्राप्त हुआ है, इसलिyए अनुमोदन समिlतिn ने एसईजेड अधि§नि4यम, 2005 की धारा 2 (जेड) (iii) के प्रावधान का उल्लंघन करने के लिyए एससीएन जारी करने का नि4र्दे²श दिdया। * चूंकि¼ इकाई ने विIत्त वर्षr 2018-19 से 2022-23 तक पूरे दूसरे' ब्लॉक अवधि§ के ल्रिÙए सभी एपीआर में गल्नत परिÉशोधन मूल्य का उल्लेख कि¼या है, इसलिyए समिlतिn ने एपीआर को संशोधि§त करने का नि4र्दे²श दिdया है। एजेंडा आइटम नंबर 03: मेसर्सr विIप्रो लिyमिlटेड-एसईजेड के यूनि4ट-1॥ के परफॉर्मेंÝस का मोनि4ट्रिßंग | विIचार-विIमर्शr के बाद, समिlतिn ने एसईजेड नि4यम, 2006 के नि4यम 54 के संदर्भr में, दूसरे ब्लॉक अवधि§ के विIत्त वर्षr 2018-19 से विIत्त वर्षr 2022-23 तक 5 वर्षोंº के लिyए यूनि4ट के प्रदर्शrन को नोट कि¼या।

• यूनि4ट ने दूसरे ब्लॉक अवधि§ के 5वें वर्षr में संचयी आधार पर 4443.81 करोड़ रुपये के अनुमानि4त नि4र्या¢rत के मुकाबले 13404.32 करोड़ रुपये का नि4र्या¢rत हासिÂत्र कि¼या है। यूनि4ट ने दूसरे ब्लॉक अवधि§ के ५5वें वर्षr यानी विIत्त वर्षr 2022-23 के दौरान संचयी आधार- पर 13381.23 रुपये यानी 99.83% का सकारात्मक एन.एफ.इ(नेट विIदेशी मूल्य (ae कि¼या el
• यूनि4टने 5545 कर्मrचारिÉयों (पुरुष-3604, महि“ला-1941) को रोजगार प्रास कि¼या है।

भ्रमिlतिn ने यह भी पाया कि¼ यूनि4ट ने भारतीय रुपये में प्राप्त भुगतान के बदले डीटीए में सेवाएं प्रदान की हैं,

| उठा शव | 1-22 53.13 2022.23 §2,74 | ‘voter | 206.64 « चूंकि¼ यूनि4ट को विIदेशी मुद्रा के बजाय भारतीय रुपये में भुगतान प्राप्त हुआ है, इसलिyए अनुमोदन समिlतिn ने एसईणेड अधि§नि4यम, 2005 की धारा 2 (जेड) (dit) के प्रावधान का उर्लrघन करने के लिyए एससीएन जारी करने का नि4र्दे²श दिdया। . चूंकि¼ इकाई ने विIत्त वर्षr 2018-9 से 2022-23 तक पूरे दूसरे ब्लॉक अवधि§ के लिyए wait एपीआर में गलत परिÉशोधन मूल्य का उल्लेख कि¼या है, इसलिyए समिlतिn ने एपीआर को संशोधि§त बरने का नि4र्दे²श दिdया है अध्यक्ष को धन्यवाद ज्ञापन के साथ बैठक MATT हुई। Minutes of the 26 Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEBPZ-SEZ, Mumbai विI Sector Specific Special Economic Zone for IT/ITES of M/s. Wipro Ltd.-SE2, Hinjewadi, Phase-Ii SEZ, Pune, held on 29,02,2024 via video conferencing. L ame of the SEZ M/s. Wipro Ltd. (Phase I) 2 (1 ;ऑिñशिÒशश्य “7 | ITES 3 [Meeting No. 6th 4: Date s—S~—sCS 9,.02,2024. Members present Sr (Name and Designation Department (S/Shri.} 1 Smt. MitalHiremath | Mital Hiremath une Cluster SEZ, Pune

Sr |Name and Designation Department 1 hri. Satbir Sharma EEPZ-SEZ, Pune Cluster ‘pecified Officer After deliberation, the Committee confirmed the minutes of the 25% ynit Approval Committee meeting held on 05.12.2023, After deliberation, the. committee noted the performance of the unit for 5 year from FY 2018-19 to FY2022-23 of 374 Block period, in terms of Rule 54 of SEZ Rules, 2006, * The Unit has achieved export revenue of Rs. 9472.72 Crores as against * The unit has achieved positive NFE of Rs 9459.22 1.९., 99.86% on cumulative basis for the 57 year of the 3४० block period 1,७,, FY 2029-93, * The Unit has achieved employment of 4073 employees (Men-2647, Women- 1426) in 57 year of the 38D block period as on the end of the Block period, * The committee also observed that the unit has provided services in DTA: against the payments received in INR as detailed below: per] {— DTA Sale in INR Amount in Crores | 2018-19 | 18-19 ——— ययय | 2019-50 | 19-20 85 97 |__ 2020-27 | arg या | 2021-22 | 1-22 i [857 | 2023-23 |] nr 7 | Total |] | 130.71 _ |

n, the committee noted the performance of the unit for 5 years from FY 2018-19 to FY 2022.93 of 274 Block period, in terms of Rule 54 of SEZ Rules, 2006, * The Unit has achieved export revenue of Rs 13404.32 crores as against projected export of Rs 4443.81 crores in 5" year of the 204 block period, * The unit has achieved positive NFR OF Rs 13381,93 1.8,, 99.83% Crores on cumulative basis during the 5TH year of the 2NP Block period viz., FY 2022. The Unit has achieved employment of 5545 employees (Men-3604, Women- 1941) in 5th year of the 2nd block period, * The committee also observed that the unit has provided services in DTA against the payments received in INR as detailed below: Year ==— Sale in INR Amount in Crores 18-19 26.88 2019-20 | 35.06 2020-21 as न 202 1-22 53.13 2022,23 52.74 Total 206.64 As the Unit has received payment in INR instead of Foreign Currency the Approval Cornmittee directed to issue a SCN for contravening the provision of Section 2(z)(iii} of SEZ Act, 2005. * Since the unit has mentioned incorrect Amortization Value in all APRs for the entire 200 Block period from FY 2018-19 to 2022-23, the committee has directed to revise the APRs Mecting ended with a vate of thanks to the chair, ae xe राजेश कुमार मिlक्षा 1 héjei Kumar Mishra विIद्लास UITEA/Development Comm: ag आरत घरकार, बाणिĄज्व एबं ane Hy. Govt. of India, Ministry of Commerce + site op. विIशेष ones cha SEEDY. Speclal Econ

अंधेरी (पूर्वr, मुंबई: 96 / Anaheel (8), ॥#७॥ ०.

Fie No.S-SeE2Z-PROUWL V2/2022-JU0CP GOVT. OF INDIA, OFFICE OF THE ZONAL DEVELOPMENT COMMISSIONER, SEEPZ ~ SEZ (PUNE CLUSTER) solnetiek dik kk deve AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE a) Proposal: - Proposaisubmitted by M/s. Wipro Ltd. (Developer) and their other 6 IT/ITES units located in M/s. Wipro Ltd.- SEZ for Change in Board of Directors. 9) Specific Issue on which decision of Approval committee is required: - Approval of the Approval Committee for Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021, as detailed below: Existing List of Directors Sr. | Name of Directors Designation Appointment No / Cessation 1 Mr, Rashid A, Premji Chairman 2 Mr. Thierry Delaporte Chief Executive Officer and | Cessation on Managing Director 06.04.2024 3 Mr. Azim Hasham | Non-executive Non- Premji Independent Director 4 Mr, Kannan Narayanan | Independent Director Srinivas DIN No-00066009 5 Dr. Patrick John Ennis | Independent Director 6 Mr. Patrick Lucien | Independent Director Andre Dupuis 7 Mr. Deepak Madhav | Independent Director Satwalekar ls | Mrs. Tulsi Naidu Independent Director 9 Ms, PaiviRekonen Independent Director Proposed List of Directors Sr. | Name of Directors Designation Appointment No [Cessation 1 Mr. Rashid A. Premji Chairman 2 Mr. Srinivas Pallia Chief Executive Officer and | Appointed on Managing Director 07.04.2024 3 Mr. Azim Hasham | Non-executive Non- Premiji Independent Director 4 Mr. Kannan Narayanan | Independent Director Srinivas 5 Dr. Patrick John Ennis | Independent Director a Mr. Patrick Lucien | Independent Director Andre Dupuis

File No.S-SEZ-PROUWL 1Z/z022-JUCGP 7 Mr. Deepak Madhav | Independent Director Satwalekar 18 | Mrs. Tulsi Naidu Independent Director |9 | Ms. Paivi Rekonen Independent Director 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. Wipro Ltd. (Developer) has submitted application for their Formal Approval No. F2/50/2005-EPZ dated 21.08.2006 and their 6 Units obtaining following LOA Nos. Unit-1-LOA.No, SEEPZ-SEZ/NEW-SEZ/WIPRO/01/2007/460 dated 18.01.2007 Unit-2-LOA.No. SEZ/PUNE/6C/2008-09/126 dated 05.09.2008 Unit-3-LOA.No. SEEPZ-SEZ/WL/05/2012-13/990dated 23.01.2013 Unit-4-LOA.No.SEZ/PUNE/ 1H/2010-11/484 dated 16.12.2010 Unit-6-LOA.No, SEEPZ/NEWSEZ/WL/07 /2018-19/221dated06.09.2018 Unit-7-LOA.No, SEEPZ-SEZ/NEWSEZ/WL-UNIT1/196/2017-18/19494 dated 27.09.2017 The Developer and Units have submitted the following documents: o Updated List of directors as on 12.04.2024. ० DIR 12 Mr.Srinivas Pallia(Appointed) and DIR 12 for Mr. Thierry Delaporte(Cessation). o ID proof of Mr. Srinivas Pallia. wa vowyvyvvy d} ADC's Observations:

The Developer and Units have submitted that Mr. Thierry Delaporte was Chief Executive Officer and Managing Director, and confirms that there are no liability/cases pending against him.

The Developer and Units have confirmed that there is no change in the company shareholding due to the changes in the Directors.

Approval Committeemay like to consider the proposal of Developer and their 6 Units for change in Board of Directors in terms of Instruction no, 109 issued by MOC&l. Tobi ii tok के के के. _ Bot _— Sawant KUM aR