Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 05 July 2024. — 07-7-magarpatta-city-sez

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. MAGARPATTA TOWNSHIP DEVELOPMENT AND CONSTRCTION COMPANY LTD.- SEZ, HADAPSAR, PUNE.

DATE : 05.07.2024

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 05.07.2024

INDEX

Agenda Item No.

Subject Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 30.05.2024 Agenda Item No. 02: - Application for approval of Addition of area with Revision in Projections submitted by M/s. EXL service.com India Pvt Ltd. Agenda Item No. 03: - Monitoring of Performance for M/s. Danfoss Industries Pvt Ltd Agenda Item No. 04: - Application for approval of Change in Board of Directors submitted by M/s Accenture Solutions Pvt Ltd.

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ममससर मगरपट्ट ्टाउनशप डमवलपमम् एएड कएस्टशउ कएपउन नलनम्मड-एसईजमड कम आई्ट-आई्टईएस समट्र कम ववनशि ववशमष आनरशरक कमत कम नलए कमतन्र ववकटस आ्रयुक सनीप्-एसईजमड, मयुएबई कक अध््रकतट मम 30.05.2024 कको आ्रकोजजत अउयुमकोदउ सनमनत कक 111 वनए बबैक कट वववररण। 1 सम् कट उटम मगरपट्ट ्टाउनशप डमवलपमम् एएड कएस्टशउ कएपउन नलनम्मड-एसईजमड 2 समट्र IT/ITES 3 बबैक क 111 वनए 4 तटरटख 30.05.2024

उपसससत सदसय

कमटएक उ. उटम और पदउटम (एस/शन.)
ववभटग 1 शनमतन नमतल हहिरमै सए्रयुक ववकटस आ्रयुक पयुरणम पयुरणम टलस्र एसईजमड, पयुरणम 2 डड. हदलनरटज दटभकोलम, ाप नउदमशक डटजनएफ्ट, पयुरणम डटजनएफ्ट ववभटग सम उटनमत 3 शनमतन अररउट परब सहिट्रक आ्रयुक, आ्रकर ववभटग आ्रकर ववभटग सम उटनमत

4 शनमतन मटलतन जम. उट्रर, अधनकक सनमट शयुल्क ववभटग पयुरणम सम उटनमत

वविशशष आममंवत्रित

कमटएक उ. उटम और पदउटम (एस/शन.)
ववभटग 1 शन सतबनर शमटर, वविवनिवदरष अधधककाररध सनीप्-एसई्मड, पपणश क्ससर

एजजडका आआइसम निमंर 01: वदनिकामंक 23.04.2024 कको आयकोअधजत 110 विवीं ंबठक कश ककायरविवृत् कक पपवष

ववरटर-ववमशर कम बटद, सनमनत उम 23.04.2024 कको आ्रकोजजत 110 वनए अउयुमकोदउ सनमनत कक बबैक कम कट्ररववत कक पयुवि कक।

एजजडका आआइसम निमंर 02: मेससर टाटा एलेकसस लललमटेड के परफॉमरस का मोननिटंग।

ववरटर-ववमशर कम बटद, सनमनत उम एसईजमड नउ्रम, 2006 कम नउ्रम 54 कम अउयुसटर, पहिलम ब्लडक अवनध कम ववत वषर 2019-20 सम 2022-23 तक, ्रटनउ 4 वषर कम नलए ्रयनउ् कम परफफमरमंस कको उको् File No.S-SEZ-PRO0MTDC/10/2022-JDCP I/4392/2024 428

हक्रट। • ्रयनउ् उम ववत वषर 2022-23 मम सएर्रन आधटर पर 362.29 करकोड़ रुप्रम कम अउयुमटनउत नउ्रटरत कम मयुकटबलम 589.88 करकोड़ रुप्रम कट नउ्रटरत हिटनसल हक्रट हिब। • ्रयनउ् उम ववत वषर 2022-23 मम सएर्रन आधटर पर 576.20 करकोड़ रुप्रम ्रटउन 97.68% कट सकटरटत्मक एउ.एफ.ई (उम् ववदमशन मयल््र (हिटनसल हक्रट हिब।

• ्रयनउ् उम 1295 कमरटार्रय (पयुरुष-820, महहिलट-475) कको रकोजगटर हद्रट। एजेडा आइटम नंबर 03: मेससर बसएनवाई मेलॉन इंटरनेशनल ऑपरेशंस (इंडडिा) प्राइवेट लललमटेड द्वारा ननदेशक मंडल मे बदलाव की मंजूरी के ललए प्ररसुस आवेदन।

      ववरटर-ववमशर कम बटद, सनमनत उम MOC&I दटरट जटरट नउदरश 109 हदउटएक 18.10.2021 कम

अउयुसटर, नउदमशक मएडल मम बदलटव कम नलए ्रयनउ् कम पसतटव कको मएजयरट दम दट, जबसट हक उनरम बतट्रट ग्रट हिब: क्रमांक ननदेशक का नाम पद का नाम 1. शन सयुदमश पजरणटकर लबबकोदरट पबएध नउदमशक 2. शन फटएनसस जकोस जन jमसमकमवमल्् नउदमशक 3. शनमतन जमउम् ममउम्मस पयरणरकटनलक नउदमशक 4. शन रटजनव भ्उटगर अपर नउदमशक

अउयुमकोदउ एमओसन&आई दटरट जटरट अउयुदमश सएं्रट 109 मम नउधटरारत शतर कम अधनउ हिब,

  अध््रक कको ध््रवटद जटपउ कम सटरश बबैक समटत हियुई।

Minutes of the 111th Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector File No.S-SEZ-PRO0MTDC/10/2022-JDCP I/4392/2024 429

Specific Special Economic Zone for IT/ITES of Magarpatta Township Development and Construction Co. Ltd.-SEZ, Village Hadapsar, Tal. Haveli, Dist. Pune 411013, held on 30.05.2024 1 Name of the SEZ Magarpatta Township Development and Construction Co. Ltd.-SEZ 2 Sector IT/ITES 3 Meeting No. 111th 4 Date 30.05.2024

Members present

Sr Name and Designation (S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Dr. Dileeraj Dabhole, Dy. DGFT Nominee of DGFT, Pune 3 Smt. Archana Parab Asst. Commissioner, IT Nominee of Income Tax, Pune 4 Smt. Malathi J. Nair Superintendent Nominee of Customs, Pune

Special Invitee

Sr Name and Designation Department 1 Shri Satbir Sharma, Specified Officer SEEPZ-SEZ, Pune Cluster

Agenda Item No. 01: Confirmation of the Minutes of the 110th meeting held on 23.04.2024.

After deliberation, the committee confirmed the minutes of the 110th meeting of Approval Committee held on 23.04.2024

Agenda Item No. 02: Monitoring of Performance for M/s. Tata Elxsi Ltd.

After deliberation, the committee noted the performance of the unit for 4 years i.e., from FY 2019-20 to 2022-23 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

• The unit has achieved export of Rs. 589.88Cr against the projected export of Rs. Rs. 362.29Cr in FY year 2022-23 on cumulative basis. • The unit has achieved NFE of Rs. 576.20 Cr i.e, 97.68% in FY year 2022-23 on cumulative basis. • The unit has achieved employment of 1295 employees (Men-820, Women- 475)

File No.S-SEZ-PRO0MTDC/10/2022-JDCP I/4392/2024 430

Agenda Item No. 03: Application for approval of Change in Board of Directors submitted by M/s BNY Mellon International Operations (India) Pvt Ltd.

After deliberation, the committee approved the proposal of the unit for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below:

Approved List of Board of Directors: Sr. No. Name of the Director Designation 1. Mr. Sudesh Panicker Lambodara Managing Director 2. Mr. Francis Jos G Braceckevelt Director 3. Mrs. Janet Menezes Whole-Time Director 4. Mr. Rajiv Bhatnagar Director

The approval is subject to the conditions as laid down in Instruction No. 109, as applicable, issued by MOC&I dated 18.10.2021. Meeting ended with a vote of thanks to the Chair.

(ज्ञानेववर बस. पाटी ल , आईएएस) (Dnyaneshwar B. Patil, IAS) अध्िक एवं ववकास आिुकस Chairman-cum- Development Commissioner

File No.S-SEZ-PRO0MTDC/10/2022-JDCP I/4392/2024 431

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: -

Proposal dated 25.06.2024 submitted by M/s. EXL Service.com (India) Pvt Ltd., an IT/ITES unit located in Magarpatta Township Development & Construction Company Ltd.- SEZ for Addition in area admeasuring 22,104.15 Sq.ft. along with revision in projections.

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

Approval of the Committee for Addition of area admeasuring 22,104.15 Sq. ft. with Revision in projection in terms of Rule 19(2) of SEZ Rules, 2006

A. Location / area proposed to be added:

  Existing address and

area Area proposed to be added Total area after addition Upper Ground Level, Wing- A

&

B,

Tower-9, Magarpatta

City-SEZ, Village Hadapsar, Taluka- Haveli, Pune-411013 Level-1, Wing A, Tower- 9, Magarpatta City-SEZ, Village

Hadapsar, Taluka- Haveli, Pune- 411013 Upper Ground Level on Wing A & B, Level 1 on Wing A, Tower 9, Magarpatta City- SEZ,

Village

Hadapsar, Taluka- Haveli, Pune-411013 Admeasuring

area

of 43510.71 Sq.ft. Admeasuring area of 22104.15 Sq.ft. Admeasuring

area

of 65614.86 Sq.ft.

B. Revision in Projection:

Projections of Investment and Employment:

Sr.No Item Existing Projection Total Revised Projection

Employment

TOTAL Men Women Men Women 386 258 650 432 644 1082

Investment-Plant and Machinery/Capital Goods (Rs. in Crores)

i. Indigenous Capital Goods 1.75 4.64 ii. Imported Capital Goods 2.63 10.34

Total 4.38 14.98 3. Services

File No.S-SEZ-PRO0MTDC/14/2022-JDCP

i. Indigenous Services 62.49 62.49 ii. Imported Services 0.13 3.97

Total 62.62 66.46

Approved Projection: (Rs. In Crores) Sr.No Particulars 2022-23 2023-24 2024-25 2025-26 2026-27 Total 1. FOB Value of exports 42.75 48.52 50.06 51.64 53.27 246.25 2. Foreign Exchange outgo 0.55 0.55 0.55 0.55 0.55 2.75 3. Net Foreign Exchange 42.20 47.97 49.51 51.09 52.72 243.49

Proposed Projection: (Rs. In Crores) Sr.No Particulars 2022-23 (Actual) 2023-24 (Actual) 2024-25 2025-26 2026-27 Total 1. FOB Value of exports 58.91 77.04 84.84 91.87 95.45 408.12 2. Foreign Exchange outgo 2.37 1.30 11.30 2.45 2.53 19.95 3. Net Foreign Exchange 56.55 75.74 73.55 89.42 92.92 388.17

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. EXL Service.com (India) Pvt Ltd. bearing LOA No. SEEPZ-SEZMTDCCL- SEZESBSPL/18/2011-12/1118 dated 25.01.2012 • Date of Commencement: 01.06.2012 • LOA is valid upto: 31.05.2027 • The unit has submitted the following documents with the application: • Online application form-Form F3 • Copy of letter of allotment of area from Developer dated 25.06.2024 • Copy of Board Resolution • Copy of LOA • Copy of Map of Proposed additional area • Reason for Additional Area: The Unit has submitted that, due to their business requirement, they need additional area of 22104.15 sq.ft. at Level-1, Wing A, Tower-9, Magarpatta City-SEZ, in order to enhance their export of service activities as defined in their LOA. e. ADC Observation: - File No.S-SEZ-PRO0MTDC/14/2022-JDCP

• Approval Committee may kindly consider the proposal submitted by the unit for addition of area with revision in projection in terms of Rule 19(2) of SEZ Rules, 2006

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File No.S-SEZ-PRO0MTDC/14/2022-JDCP

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

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal: Monitoring of the performance of M/s. Danfoss Industries Pvt Ltd. an IT/ITES unit located in Magarpatta Township Development and Construction Company Ltd-SEZ, Pune, for 2 years from 2021-22 to 2022-23 of 1st Block period.

b. Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 2 years from 2021-22 to 2022- 23 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006.

c. Relevant provisions: -

As per Rule 54 of SEZ Rules, 2006

“Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules”.

A. Original Approved Projections: (1st block Period) (Rs. In Cr.)

2021-22 2022-23 2023-24 2024-25 2025-26 Total FOB value of export 39.08 174.73 192.20 212.38 235.21 853.61 FE outgo 3.05 13.36 14.40 15.68 17.08 63.57 NFE 36.03 161.37 177.80 196.70 218.14 790.04

Revised Approved Projections as on 20.02.2024: (1st Block period) (Rs. In Cr.)

2021-22 (Actual) 2022-23 (Actual) 2023-24 2024-25 2025-26 Total FOB value of export 69.13 212.96 230.64 280.35 310.48 1103.56 FE outgo 44.35 51.65 56.81 62.50 68.75 284.05 NFE 24.78 161.32 173.83 217.85 241.74 819.51

B. Performance as compared to projections: FY 2021-22 to 2022-23
(Rs. In Cr.) File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow
Projected Actual Projected Actual Actual

2021-22 39.08 69.13 0.00 0.00 15.82 44.26 0.27 2022-23 174.73 212.97 2.83 32.23 Total 213.81 282.1 0.00 0.00 15.82 47.09 32.50

C. Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 64.34 93.07 2022-23 239.02 84.73

d. Other Information:

LOA No. & Date SEEPZ/MTDCCL-SEZ/DTPL/40/2020-21 dated 17.02.2021 Location of Unit Lower and Upper Ground Floor, Level 3,4,5, Lobby Level-4 in Building B7, Ground Part Plus level 1 Part in Building S 1 and Incubation Space U1,U2 ,Magarpatta Township & Development and Construction Co. Ltd.-SEZ, Hadapsar, Pune-411 013 Validity of LOA 01.08.2026 Item(s) of manufacture/ Services IT & ITES Date

of
commencement

of production 02.08.2021 Execution of BLUT Rs.64.84 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 01.08.2030 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

Projected employment for the block period No. of employees as on 31.03.2022 539 (Men-395, Women-144) Area allotted (in sq.ft.) 1,09,143.55 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 225.50 Sq. Ft. Investment till date

Building NA Plant

& Machinery 23.82 Crore Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value

Addition

during

the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

If no, details of the Year along with no of days delayed to be given. Yes

• The Specified Officer report vide letter dated 24.06.2024 has reported as detailed below:

(A) EXPORT (Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2021- 22 69.13 69.73 -0.6 Difference is due to negative exchange rate fluctuation 2022- 23 212.97 231.47 -18.50

1. Difference Due to exchange rate 1.85 Cr
2. credit notes of Rs 20.35 Cr issued due to revision of rates in the invoices i.e. value reduced than actually appeared in invoice. Diff = 2 minus 1

File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

B. IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (Rs. In Crores) Year/Pe riod Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any Reason

for Difference/Remark (1) (2) (3) (4) (5) 2021- 22 44.26 0.00 44.26 Difference on account of intra SEZ IUT, thus not reflected in NSDL data 2022- 23 2.83 2.83 0.00

Figures for 22-23 arrived out of cumulative value reported in APR.

i. Raw Material (Rs. In Crores)

Year/Pe riod Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2021- 22 0.10 0.10 Nil

2022- 23 1.35 0.43 0.92

1. Difference due to FOC shipments 0.86 cr. not accounted in Customs data
2. Due to typo error extra value of Rs 0.06 cr. mentioned in APR for BOE No. 1000439

(‘C) BLUT (Amount in ‘Crores’)

1
Value of BLUT Executed (Duty foregone) (including for CG/ Raw Material/ Services) Value of Additional BLUT executed • Year: Date of acceptance • BLUT amount: TOTAL value of BLUT Executed

Goods (in Rs.) Services (in Rs.) Date

of acceptance 10.33 54.51 30.07.2021

File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

2 Total Duty Foregone on goods & services procured Category Wise:

Year Wise:

Year

Import Duty Forgone (in Rs.)

Imported Services duty forgone (in Rs.) Indigenou s Goods Duty Forgone (in Rs.) Indigenou s Services Duty Forgo Ne (in Rs.) Total (in Rs.) 2021 -22 0.42 0.27 0.34 1.59 2.62 2022 -23 1.47 8.81 1.69 8.57 20.54

(d) Employment made as on date (31.03.2022) (as on end of block period/ year up to which monitoring is being done) Year Men Women Total 2022-23 395 144 539

The said no. of employees has been confirmed from the list of employees of the company. (e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2023) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. Nil

(f) Whether all Softex has been filed for the said period. If no, details thereof. Yes File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. (g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. Yes (h) Whether unit has filed any request for Cancellation of softex No (i) Whether

any

Services

provided

in DTA/SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided) No.

(j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. Uploading of BLUT module on SEZ online kept in abeyance as per Office Order No. 02/23 dated 16- 03-2023. (k) Has the unit cleared any Capital Goods procured duty free in DTA against Payment of Duty, or otherwise. Full details to be provided along with value of assets and duty discharged

Waste Oil cleared as detailed below. Fig in Cr. YEAR VALUE DUTY 22-23 0.02 0.003

(l) Is the unit sharing any of their infrastructure with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC/DC office, the date of UAC/ Approval letter to be indicated No. (m ) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has DSPF filed on SEZ online system by the unit, has been

processed

and File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI

been processed for approval by the SO Office.

approved till date
(n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period:

If no, details thereof

DTA procurement filed on SEZ online system by the unit, has been processed and approved till date
(o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report

As per record, no Out of charge is pending. (p) Has the unit set up any cafeteria/ canteen/ food court in unit premises. If yes, whether permission from UAC/DC office has been issued, or otherwise. Whether unit has availed any duty paid goods/services for setting up such facility?

If yes, whether unit has discharged such duty/ tax benefit availed? details to be given including amount of duty/ tax recovered or yet to be recovered Cafeteria of 3036 Sq ft is set up for employees for serving food, with the proper approval by the Approval Committee during the Meeting held on 30-05- 2023.
No duty benefit material is being used in the said cafeteria. (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. No

e. ADC’s observations:

• The unit in 2nd year i.e., FY 2022-23 of 1st block period has achieved export revenue of Rs.282.10 Cr. against the projected export of Rs. 213.81 Cr. i.e., 131.93%. on cumulative basis. • The unit has achieved positive NFE of Rs. 239.02 Cr. i.e., 84.73% in FY 2022-23 on cumulative basis. • As per SO report the unit has achieved employment of 539 (Men-395, Women -144) • Approval committee may kindly monitor the performance of the Unit for 2 years from 2021-22 to 2022-23 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006. File No.S-SEZ-MONT0MTDC/3/2024-JDCP-SEEPZ-MUMBAI