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. MANJRI STUD FARMS. -SEZ

DATE : 21.02.2025

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 21.02.2025

INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 17.01.2025 Agenda Item No. 02: - Action taken report for the Minutes of the meeting held on 17.01.2025 Agenda Item No. 03: - Monitoring of Performance for M/s Reality Pre-media Services Pvt Ltd Agenda Item No. 04: - Monitoring of Performance for M/s. Nectar Infotel Solutions Pvt Ltd.

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मे मेसस मांजरी टड फाम-एसईजेड,, एसईजेड, पुणे, आईट/आईटईएस े आथक वशेष वश से!टर के, का जोनल वकास आयु& क' अ)यता म+, सी,झ एसईजेड, मुंबई म+ /द 17.01.2025 को आयो1जत 102 वी अनुमोदन स2मत क' बैठक का कायवृ6�1 एसईजेड का नाम मे मेसस मांजरी टड फाम-एसईजेड, एसईजेड 2 से!टर आईटआईटईएस/ 3 बैठक 7मांक 102 वी 4 तारीख 17.01.2025

उप: थत सद य

नाम और पदनाम (एस/<ी.)
वभाग 1 <ीमती 2मतल हरेमठ संयु& वकास आयु& पुणे !ल टर एसईजेड, पुणे 2 <ी संजय बांगर, उप नदेशक उ@ोग, उ@ोग वभाग, , पुणे े महाराA सरकार से ना2मत 3 <ीमती अचना परब, सहायक आयु&, आयकर वभाग आयकर वभाग से ना2मत 4 डॉ. अचना पठारे, ेीय अ2धकारी एमआईडीसी, पुणे 5 <ी. मंचक जाधव, उप-ेीय अ2धकारी महाराA EFषण नयंण बोड से ना2मत 6 <ीमती पुGपा गंगावणे, एफटडीओ पुणे डीजीएफट वभाग से ना2मत 7 <ीमती मनीषा बनॉय, सीमा शुIक अधीक सीमा शुIक वभाग पुणे ना2मत वशेष आमंत

7मांक न. नाम और पदनाम (एस/<ी.)
वभाग 1 <ी शभू दयाल मीना, वनKद अ2धकारी सी,ज़-एसईज़ेड, पुणे !ल टर एज+डा वषय 7 01 : /द 11.12.2024 को आयो1जत 101वM बैठक के कायवृ6 क' पु �वचार-वमश के बाद, स2मत ने 11.12.2024 को आयो1जत 101 वM अनुमोदन स2मत क' बैठक के कायवृ6 क' पु क'�एज+डा वषय 7को आयो1जत 101 2024.11.12 : 02 वM बैठक के कायवृ6 के लए क' गई कारवाई Nरपोट �वचार-वमश के बाद, स2मत ने 11.12.2024 को आयो1जत बैठक के लए क' गई कारवाई Nरपोट नोट क' है� एडीसी ने सू2चत कया है क मैसस मांजरी टड फाम एसईजेड म+ कोई भी एज+डा लंबत नहM है� एज+डा आइटम नंबर 03: मेसस डPIयूएनएस बीपीएम अमेNरका एलएलसी Qारा नई इकाई क' थापना वचार-वमश के बाद, स2मत ने एसईजेड नयम, 2006 के नयम 17 और 18 के अनुसार मांजरी टड फाम-एसईजेड,, एसईजे i. SEZ इकाई को कंपनी अ2धनयम 2013 के अ)याय XXII का पालन करना होगा�ii. SEZ इकाई को PAN काड, आयात नयात कोड (IEC), जीएसटआईएन और बRक खाता ववरण क' Eत E तुत करनी होगी�अनुमो/दत E ताव का ववरण नीचे /दया गया है:

थान पहली मं1जल का ह सा, ब:Iडंग नंबर 4बी, द मंजरी टड फाम Eाइवेट ल2मटेड- एसईजेड, एसपी इSफोसट, एस नंबर -209, पुणे-सासवड रोड, फुरसुंगी, पुणे -412308�ेफल 16048.02 वग फ'ट उTपाद का नमाण /सेवा Eदान क' जानी है�7मांक सेवा

SAC/CPC अ2धकृत संचालन

1 Information Technology Enabled Services in the nature of support services.

998319/87909 Providing support services to various clients in terms of licensed mortgage lenders, Servicers/Sub servicers and mortgage brokers, collection activities of the various clients & Other Professional, technical and business services not elsewhere classified वष-वार अनुमान, ,लांट एवं मशीनरी म+ नवेश/ पूंजीगत माल

वदेशी आयातत कुल 1.85 3.03 4.88 सेवा

वदेशी आयातत कुल

9.64 0.79 10.43 रोज़गार कुल 200 (पुUष - 100, महला – 100

पहली Pलॉक अव2ध के लए अनुमो/दत अनुमान (करोड़ Uपये म+)

1st 2nd 3rd 4th 5th कुल नयात का एफओबी मूIय 7.2 7.56 7.94 8.33 8.75 39.78 एफ ई आउटगो 2.1 0.78 0.50 0.51 0.53 4.24 एनएफई 5.1 6.78 7.44 7.82 8.22 35.36 एज+डा वषय 7 04: M/s WNS Global Services Pvt. Ltd., पुणे Qारा नयम एसईजेड नयम, 2006 के नयम 19 (2) के संदभ म+ अनुमानW म+ संशोधन के साथ 93,936 वग फुट के े को बढ़ाने के अनुमोदन के लए आवेदन वचार-वमश के बाद, स2मत ने एसईजेड नयम, 2006 के नयम 19(2) के अनुसार, अनुमानW म+ संशोधन के साथ े को बढ़ाने के लए इकाई के E ताव को मंजूरी दे द, 1जसका ववरण नीचे /दया गया है:

वीकृत े:

मौजूदा पता और े

तावत जोड़ा जाने वाला े जोड़ के बाद कुल े Pलॉक 5 सी क' तीसरी और चौथी मं1जल, एसपी इSफोसट एस नंबर 209, पुणे- सासवड रोड, फुरसुंगी, पुणे, महाराA- 412308�Zाउंड [लोर (53820 वग फुट) और ब:Iडंग 4 बी म+ पहली मं1जल का ह सा (39,816 वग फुट), द मंजरी

टड फाम Eाइवेट ल2मटेड, एसपी इSफोसट नंबर 209, पुणे- सासवड रोड, फुरसुंगी, पुणे, महाराA- 412308 Pलॉक 5 सी, Zाउंड [लोर क' तीसरी और चौथी मं1जल और ब:Iडंग 4 बी, एसपी इSफोसट एस नंबर 209, पुणे- सासवड रोड, फुरसुंगी, पुणे, महाराA- 412308 म+ पहली मं1जल का ह सा�84114 वग फुट 93,636 वग फुट 1,77,750 वग फुट

वीकृत संशो2धत अनुमान: (करोड़ Uपये म+)

7मांक ववरण 2023-24 (वा तवक) 2024-25 2025-26 2025-26 2026-27 कुल 1. नयात का एफओबी मूIय 245.59 214.20 392.91 412.56 433.18 1698.44 2. वदेशी मु\ा ]य 0.94 16.50 18.95 16.20 16.91 69.50 3. शु^ वदेशी मु\ा 244.65 197.70 373.96 396.36 416.27 1628.94 ,लांट और मशीनरी/पूंजीगत व तु_ म+ नवेश i.

वदेशी पूंजीगत सामान 11.50 ii. आयातत पूंजीगत सामान 20.05 सेवाएँ i.

वदेशी सेवाएँ 222.46 ii. आयातत सेवाएँ 33.13

रोज़गार (पुUष-1413, महला-942) 2355 एज+डा वषय 7 04: मेसस टास इं2डया Eाइवेट ल2मटेड का मॉनटaरग ऑफ़ परफॉमSस वचार-वमश के बाद, स2मत ने एसईजेड नयम, 2006 के नयम 54 के अनुसार, तीसरे Pलॉक अव2ध के Fसरे वष अथात व6 वष 2023-24 के लए यूनट के परफॉमdस को नोट कया�यूनट ने तीसरे Pलॉक अव2ध के Fसरे वष अथात व6 वष 2023-24 म+ संचयी आधार पर 20.00 करोड़ Uपये के अनुमानत नयात के मुकाबले 15.88 करोड़ Uपये का नयात हासल कया है�यूनट ने व6 वष 2023-24 म+ संचयी आधार सकाराTमक एन.एफ.ई 16.70 करोड़ Uपये (नेट वदेशी मूIय (हासल कया है�यूनट ने 33 कमचाNरयW (पुUष-26, महला- 07) को रोजगार /दया है�एज+डा वषय 7 05: मेसस ने!टर इSफोटेल सॉIयूशंस Eाइवेट ल2मटेड का मॉनटaरग ऑफ़ परफॉमSस वचार-वमश के बाद, स2मत ने एसईजेड नयम, 2006 के नयम 54 के अनुसार, पहले Pलॉक अव2ध के पाँचवे वष अथात व6 वष 2019-20 और eसरे Pलॉक अव2ध के 3 वष अथात व6 वष 2020-21 से व6 वष 2022-23 तक के लए यूनट के परफॉमdस को नोट कया�यूनट ने पहले Pलॉक अव2ध के पाँचवे वष अथात व6 वष 2019-20 म+ संचयी आधार पर 15.25 करोड़ Uपये के अनुमानत नयात के मुकाबले 13.21 करोड़ Uपये का नयात हासल कया है�यूनट ने व6 वष 2019-20 म+ संचयी आधार सकाराTमक एन.एफ.ई 50.10 करोड़ Uपये (नेट वदेशी मूIय (हासल कया है�यूनट ने Fसरे Pलॉक अव2ध के तीसरे वष अथात व6 वष FY 2022-23 म+ संचयी आधार पर 48.22 करोड़ Uपये के अनुमानत नयात के मुकाबले 22.01 करोड़ Uपये का नयात हासल कया है�

यूनट ने व6 वष 2022-23 म+ संचयी आधार सकाराTमक एन.एफ.ई 22.01 करोड़ Uपये (नेट वदेशी मूIय (हासल कया है�यूनट ने 33 कमचाNरयW (पुUष-24, महला-09) को रोजगार /दया है�यूनट ने एपीआर म+ एनएफई मूIय का गलत उIलेख कया है और इसलए एपीआर को संशो2धत करने क' आवfयकता है�यूनट ने व6ीय वष 2020-21, 2021-22 और 2022-23 के लए नधाNरत समय के भीतर एपीआर E तुत नहM कए हR�स2मत ने लंबत वदेशी मु\ा Eेषण को नोट कया और यूनट को आरबीआई से Eा,त व तार का ववरण E तुत करने के लए कहा� स2मत ने एपीआर दाgखल करने म+ देरी, लंबत वदेशी मु\ा Eेषण आ/द के लए यूनट को कारण बताओ नो/टस जारी करने का नदhश /दया�1जसके लए स2मत ने कारण बताओ नो/टस जारी करने का नदhश /दया है�अ)य को धSयवाद iापन के साथ बैठक समा,त jई�

Minutes of the 102nd Meeting of the Approval Committee meeting held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic Zone for IT/ITES of M/s. The Manjri Stud Farm-SEZ, Pune held on 17.01.2025. 1 Name of the SEZ M/s. The Manjri Stud Farm Pvt. Ltd.-SEZ 2 Sector IT/ITES 3 Meeting No. 102nd
4 Date 17.01.2025 Members present

Sr No. Name and Designation(S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Shri. Sanjay Bangar Deputy Director of Industries, Pune Region Nominee of Govt. of Maharashtra 3 Smt. Archana Parab, Asst. Commissioner, IT Nominee of Income Tax, Pune 4 Dr. Archana Pathare Regional Officer MIDC, Pune 5 Shri. Manchak Jadhav Sub-Regional Officer Nominee of Maharashtra Pollution Control Board 6 Smt. Pushpa Gangawane. FTDO Nominee of DGFT, Pune 7 Smt. Manisha Binoy Superintendent Nominee of Customs, Pune Special Invitee

Sr Name and Designation Department 1 Shri Shabhu Dayal Meena, Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No. 01: Confirmation of the Minutes of the 101th Meeting held on 11.12.2024 After deliberation, the Committee confirmed the minutes of the 101th Approval Committee meeting held on 11.12.2024. Agenda Item No. 02: Action taken report for the Minutes of the 101th meeting held on 11.12.2024

After deliberation, the Committee has noted the Action taken report for the meeting held on 11.12.2024. ADC has informed that there are no agendas pending r/o M/s Manjri Stud Farm SEZ Agenda Item No. 03: Approval for Setting up of New unit submitted by M/s. WNS BPM Americas LLC. The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, Committee approved the proposal of M/s. WNS BPM Americas LLC for setting up of a new unit in M/s. The Manjri Stud Farm -SEZ in terms of Rule 17 & 18 of SEZ Rules, 2006. The Proposal was approved by the committee in terms of RBI Circular issued vide letter RBI/FED/2015-16/6 dt. 01.01.2016 updated as on 17.05.2016 read with Point No 3(c)of Notification No. FEMA 22(R)/2016-RB dated 31.03.2016, subject to following conditions mentioned therein:

i. The SEZ unit shall comply with Chapter XXII of The Companies Act 2013. ii. SEZ unit shall submit copy of PAN Card, IEC, GSTIN and Bank A/c details The details of the approved proposal as detailed below: (Amount in Rs. Cr.) Location Part of 1st Floor, Building No 4B, The Manjri Stud Farm Pvt Ltd- SEZ, SP Infocity, S. No-209, Pune-Saswad Road, Phursungi, Pune-412308. Area 16048.02 sq.ft. Product to be manufactured /Service to be rendered. Sr. No. Services SAC/CPC Authorized Operations 1 Information Technology Enabled Services in the nature of support services.

998319/8790 Providing support services to various clients in terms of licensed mortgage lenders, Servicers/Sub servicers and mortgage brokers, collection activities of the various clients & Other Professional, technical and business services not elsewhere classified PROJECTIONS, YEAR-WISE Investment in Plant & Machinery / Capital Goods (Rs. In Cr.) Indigenous Imported TOTAL 1.85 3.03 4.88 Services Indigenous Imported TOTAL 9.64 0.79 10.43 Employment Total 200 (Male -100, Female – 100) Approved Projections for 1st Block Period (Rs. In Crores)

1st 2nd 3rd 4th 5th Total FOB Value of Exports 7.2 7.56 7.94 8.33 8.75 39.78 FE outgo 2.1 0.78 0.50 0.51 0.53 4.24 NFE 5.1 6.78 7.44 7.82 8.22 35.36 Agenda Item No.04: Application for Addition of area with revision in projections by M/s. WNS Global Services Pvt Ltd After deliberation, the committee approved the proposal of the unit for addition of area with revision in projections, in terms of Rule 19(2) of SEZ Rules, 2006, as detailed below: Approved addition of area:

  Existing address and

area Area proposed to be added Total area after addition 3rd and 4th Floor of Block 5C, S.P Infocity S. No 209, Pune- Saswad Road, Phursungi, Pune, Maharashtra- 412308. Ground Floor (53820 Sq. ft) and part of the First Floor (39,816 sq. ft) in Building 4B, The Manjri Stud farm Pvt Ltd, S.P Infocity S. No 209, Pune- Saswad Road, Phursungi, Pune, Maharashtra- 412308 3rd and 4th Floor of Block 5C, Ground Floor and part of the First Floor in Building 4B, S.P Infocity S. No 209, Pune- Saswad Road, Phursungi, Pune, Maharashtra- 412308. Admeasuring area of 84114 Sq. ft. Admeasuring area of 93,636 Sq. ft. Admeasuring area of 1,77,750 Sq. ft. Approved revised projections: (Rs. in Cr.)

Sr.No Particulars 2023-24 (Actual as per APR) 2024-25 2025-26 2025-26 2026-27 Total 1. FOB Value of exports 245.59 214.20 392.91 412.56 433.18 1698.44 2. Foreign Exchange outgo 0.94 16.50 18.95 16.20 16.91 69.50 3. Net Foreign Exchange 244.65 197.70 373.96 396.36 416.27 1628.94 Investment in Plant & Machinery/Capital Goods i. Indigenous Capital Goods 11.50 ii. Imported Capital Goods 20.05 Services i. Indigenous Services 222.46 ii. Imported Services 33.13

Employment (Men-1413, Women-942) 2355 Monitoring of Performance for M/s. TAS India Pvt Ltd. After deliberation, the committee noted the performance of the unit for F Y 2023-24 i.e. 2nd year of 3rd Block Period in terms of Rule 54 of SEZ Rules, 2006.

The Unit has achieved export revenue of Rs. 15.88 Crores as against projected export of Rs. 20 Crores in the 3rd Block period i.e. FY 2023-24. The unit has achieved positive NFE of Rs. 16.70 Crores in 2nd year of 3rd block period on cumulative basis. The unit has achieved employment of 33 employees (Men-26, women-07).
Agenda Item No. 05: Monitoring of Performance for M/s. Nectar Infotel Solutions Pvt Ltd. After deliberation, the committee noted the performance of the unit 5th year of 1st Block Period i.e. FY 2019-20, 3 years of 2nd Block period for FY 2020-21 FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006.

The Unit has achieved export revenue of Rs. 13.21 Crores as against projected export of Rs. 15.25 Crores in 5th year of the 1st Block period. The unit has achieved positive NFE of Rs. 50.10 Crores in 5th year of 1st block period on cumulative basis. The Unit has achieved export revenue of Rs. 22.01 Crores as against projected export of Rs. 48.22 Crores in 3rd year of the 2nd Block period. The unit has achieved positive NFE of Rs. 22.01 Crores in 3rd year of 2nd Block period. The unit has generated employment of 33 employees (Men-24, Women-09).
The Unit has incorrectly mentioned NFE Value in APR and hence need to revise the APRs. The Unit has not submitted the APRs within stipulated time for FY. 2020-21, FY 2021-22 and FY 2022-23 Committee noted pending foreign exchange remittance and asked the Unit to submit the details of extension received from RBI. The Committee directed to issue Show Cause Notice to the Unit for delay in filing APR, pending foreign exchange remittance etc. Meeting ended with a vote of thanks to the Chair.

(iानेkर बी. पाटल, आईएएस) (Dnyaneshwar B. Patil, IAS) अ)य एवं वकास आयु& Chairman-cum- Development Commissioner

signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.01.27 11:14:04 IST % DSUnknown q 1 G 1 g 0.1 0 0 0.1 9 0 cm 0 J 0 j 4 M []0 d 1 i 0 g 313 292 m 313 404 325 453 432 529 c 478 561 504 597 504 645 c 504 736 440 760 391 760 c 286 760 271 681 265 626 c 265 625 l 100 625 l 100 828 253 898 381 898 c 451 898 679 878 679 650 c 679 555 628 499 538 435 c 488 399 467 376 467 292 c 313 292 l h 308 214 170 -164 re f 0.44 G 1.2 w 1 1 0.4 rg 287 318 m 287 430 299 479 406 555 c 451 587 478 623 478 671 c 478 762 414 786 365 786 c 260 786 245 707 239 652 c 239 651 l 74 651 l 74 854 227 924 355 924 c 425 924 653 904 653 676 c 653 581 602 525 512 461 c 462 425 441 402 441 318 c 287 318 l h 282 240 170 -164 re B Q

Action Taken for Approval Committee held on 17-01-2025 Agenda Item No. Subject Remarks Agenda Item No. 02 Application for Addition of Location(M/s WNS Global Services Pvt. Ltd. ) Approval letter for addition of area is issued to the Unit on 27.01.2025 Agenda Item No. 03 Application for Monitoring of Performace(M/s TAS India Pvt. Ltd) Approval letter is issued to the Unit on 28.01.2025 Agenda Item No. 04 Application for Monitoring of Performace(M/s Nectar Infotel Solutions Pvt. Ltd.) Approval letter issued to the Unit on 27.01.2025. Agenda Item No. 05 Application for setting up of a new unit(M/s WNS BPM Americas LLC) LOA is issued to the Unit on 27.01.2025

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 12.14 12.79

0.18 0 0.12 Total 12.14 12.79

0.18 0 0.12 GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Monitoring of the performance of M/s Reality Pre-media Services Pvt Ltd., an IT/ITES unit located at The Manjri Stud Farm Pvt Ltd SEZ for FY 2023-2024 of 3rd Block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5th year of 3rd Block Period i.e FY 2023-24, in terms of Rule 54 of SEZ Rules, 2006 c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- 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”. d. Other Information: - Performance as compared to projections Approved Projections (Rs. In Crores)

2019-20 2020-21 2021-22 2022-23 2023-24 TOTAL FOB Value of Exports 20.09 13.47 8.51 9.71 12.14 63.95 FE Outgo 0.27 0.06 0.11 0.16 0.22 0.82 NFE 19.82 13.42 8.40 9.56 11.93 63.13

Performance as compared to projections: (Rs. In Crores) Cumulative NFE achieved: FY 2023-24 (In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 78.60 99.79 Employment Achievement (Direct): Approved Achieved Male - 198 Female -81 Total - 279 Male – 95 Female - 23 Total - 118 Other Information:
LOA No. & Date SEZ/PUNE/IE/2008-09/558 dt 29.10.2009 Location of Unit Building Bo 4, Wing A, Office No 001, Ground Floor, SEZ, Manjri Stud Farm Pvt Ltd Validity of LOA 14.02.2025 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 15.02.2010 Execution of BLUT 03.02.2023 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement

Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA a. Projected employment for the block period b. No. of employees as on 31.03.2023

118 employees (Men-95, Women-23) Area allotted (in sq.ft.) 8313 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 70.45 Sq.ft Investment till date

Building NA Plant & Machinery NA 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 vide his report dated 14.02.2025 has reported that SEZ Unit has submitted the following

Details of year-wise export as per the prescribed format: Export (Rs. In Crores)
Year/ Period Figures as per APR Figures as per Softex/SB / Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 12.78 12.82 0.03 Exchange Rate Difference

Import (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Crores)
Year/Period Figures as per APR Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 0.00 0.00 0.00 NA Raw material (Rs. In Crores)
Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) Not Applicable BLUT

1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Value of Additional BLUT executed Nov-2009- 0.22 Cr. Aug-2020- 0.95 Cr. Jan-2023- 1.08 Cr.

TOTAL value of BLUT Executed : 2.25 Cr. 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:.

Year wise Goods Imported & indigenous Services 2023-24 0 0.17 Total 0 0.17

3 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted. Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT. No, the unit has not procured goods/services without having sufficient balance in BLUT.

(d) Employment made as on date (as on end of block period / year upto which monitoring is being done). Male – 95, Female – 23 Total - 118 (e) Details of pending Foreign Remittance beyond Permissible period, if any To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No foreign remittance pending beyond permissible period. (f) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. All Softex has been filed for the said period.

NA. (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. All Softex have been certified for the monitoring period F.Y. 2023-24. (h) Whether unit has filed any request for Cancellation of Softex No, the unit has not filed any request for the cancellation of Softex.

(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, the unit has not provided any services is DTA/SEZ against payment in INR. (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online.

(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 No, the unit has not cleared any capital goods procured duty free in DTA against payment of Duty.

(l) Is the unit sharing any of their infrastructures 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, the unit is not sharing any of their infrastructures with other units.

(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 been processed for approval by the SO Office. No. 82 Invoices are filled and approved by the SO Office. Further, filling for 8 invoices is still in process which is pending because of non receipt of payment details of the invoices. (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 Yes, the unit has filed all DTA procurement during the monitoring period F.Y. 2023-24. (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No request is pending for OOC.

(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 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 No cafeteria in the unit.

(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. Recommendation: The Unit has achieved export revenue of Rs. 12.79 Crores as against projected export of Rs. 12.14 Crores in 5th year of 3rd Block period i.e. FY 2023-24. The unit has achieved positive NFE of Rs. 78.60 Crores in the 5th year of 3rd Block Period 2023-24 on cumulative basis. i.e. 99.79%. As per SO report the unit has 118 employees (Men-95, Women-23) in 5th year of the 3rd Block period as on 31.03.2024 i.e. FY 2023-24. Approval Committee may kindly monitor the performance of the unit for FY 2023-24 i.e. 5th years of 3rd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

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Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Monitoring of the performance of M/s. Nectar Infotel Solutions Pvt Ltd. an IT/ITES unit located in The Manjri Stud Farm Pvt Ltd -SEZ, Pune, for last year 2 years i:e FY 2023-24 and 2024-25 (up to Dec 2024) of 2nd Block period.

b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 2 years of 2nd Block period for FY 2023-24 to FY 2024- 25 (Up to Dec 2024) in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- 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”.

d. Other Information: - Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for 2 years of 2nd Block period for FY 2023-24 to FY 2024-25 (Up to Dec 2024) in terms of Rule 54 of SEZ Rules, 2006. Approved export Projections for 2nd Block Period: (Rs. in Cr.) 2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB Export 14.57 16.02 17.63 19.39 21.33 88.95 FE Outgo 0.00 0.00 0.00 0.00 0.00 0.00 NFE 14.57 16.02 17.63 19.39 21.33 88.95 Performance as compared to projections: (Rs. In Cr.)

2023-24 19.39 6.66 0.00 0.00 1.00 0.00 0.00 2024-25 21.33 0.00 0.00 0.00 0.00

40.72 6.66 0.00 0.00 1.00 0.00 0.00

Cumulative NFE Achieved (Rs. In Cr.) Year Cumulative NFE achieved Cumulative NFE in % 2023-24 22.08 100 2024-25 22.08 100 Employment Projected Achieved M - -100 F – 50 Total - 150 M – 0 F – 0 Total - 0 (Employment as on 31.03.2023

Other Information: LOA No. & Date SEEPZ-SEZ/MSF-SEZ/NISPL/14/2015- 16/13843 Dated 25.08.2015 Location of Unit Office No 11, Ground Floor, Block 4A at Manjri Stud Farm Pvt Ltd, SP Infocity, Phursungi, Pune Validity of LOA

Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.11.2015 Execution of BLUT 0.66 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement Yes-14.11.2025 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA No. of employees as on FY 2024-25 0 (Men-0, Women- 0) Area allotted (in sq.ft.) 1493 Sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 0.00 Sq. ft. Investment till date

Building 0 Plant & Machinery Rs.0

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 vide letter dated 18.02.2025 has reported as under: a. Export (Rs. In Lakhs)
Year/ Period Figures as per APR Figures as per Softex/SB / Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 6.66 6.64 0.02 Exchange Rate Difference F.Y. 2024-25 (upto Dec.- 2024) 0 0

NA

(b) Import

(i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.
(Rs. In Lakhs)
Year/Period Figures as per APR Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 0.00 0.00 0.00 NA F.Y. 2024-25 (upto Dec.-2024) 0.00 0.00 0.00 NA

(ii) Raw material (Rs. In Lakhs)

Year/Period Figures as per APR (RM Imported) Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) Not Applicable

(c) BLUT
(Rs. In Lakhs) 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) Value of Additional BLUT executed Opening balance of Bond for F.Y. 2023-24

69.66 Opening balance of Bond for F.Y. 2024-25

66.43 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise:. Import = 0.00 Indigenous = 0.00 Ind. Service = 3.23 Total = 3.23 Import = 0.00 Indigenous = 0.00 Ind. Service = 0.00 Total = 0.00 3 Balance in BLUT at the end of each F.Y. 1st year in each category and overall basis… 5th Year … 10th Year, as the case may be Closing balance of Bond for F.Y. 2023-24

66.43 Lakhs Closing balance of Bond for F.Y. 2024-25 (upto Dec.-2024) = 66.43 Lakhs 4 Has the Unit procured goods and or services without having sufficient balance in their BLUT. If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT. No.

(d) Employment made as on date (as on end of block period / year upto which monitoring is being done). Men – 0 Women – 0 Total – 0

(e) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31-12-2024) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. Details attached in Annexure-1 For F.Y. 2019-20 - Rs. 6.69 Cr. FY 2020-21toFY2022-23 Rs. 19.65 Cr

(f) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Yes.

(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. No. Softex approval is pending w.r.t. Softex for which condonation is applied. (h) Whether unit has filed any request for Cancellation of Softex Yes. (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. Kept in abeyance as per office order No. SEEPZ/JDC/Pune/01/2022-23/2151 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 No.

(l) Is the unit sharing any of their infrastructures 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 been processed for approval by the SO Office. Yes. (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 Yes. (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No. (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 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 No.

e. Recommendation: The Unit has achieved export revenue of Rs. 6.66 Crores as against projected export of Rs. 40.72 Crores in 5th year of the 2nd Block period. The unit has achieved positive NFE of Rs. 22.08 Crores i.e 100% in 5th year of 2nd Block period. As per the SO Report the unit has achieved NIL employment (Men-0, women-0) in FY 2024-25. Unit has submitted exit application to this office. Approval Committee may like to monitor the performance of the Unit for 2 years of 2nd Block period for FY 2023-24 to FY 2024-25 (Up to December 2024).

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