IN FORCE SEZ / EOU / FTWZ 2025-02-19

Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 21 February 2025. — 09-7-qubix-for-uploading

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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. QUBIX BUSINESS PARK PVT. LTD.-SEZ

DATE : 21.02.2025

TIME : 11:00 A.M.

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. E-Zest Digital Solutions Pvt. Ltd. Agenda Item No. 04:- Monitoring of performance for M/s. Allygrow Technologies Pvt. Ltd. Agenda Item No. 05:- Monitoring of performance for M/s.Dassault system Global Services Pvt. Ltd. Agenda Item No. 06:- Monitoring of performance for M/s. Akzo Nobel Business Services LLP Agenda Item No. 07:- Monitoring of performance for M/s. Searce Logistics Analytics Limited Liability Partnership Agenda Item No. 08:- Monitoring of performance for M/s.Searce Cosourcing Services Pvt. Ltd Agenda Item No. 09:- Application for approval of change in Shareholding pattern and change Board of Director. M/s. SubEno India Private Limited

मे. यूबस बजनेस पाक ाइवेट लमटेड, एसईजेड, पुणे, के आईट वश सेटर के आईट ईएस/ े! आ"थ$क वशेष, जोनल वकास आयु' क( अ*य ता म, पुणे म, -द 17.01.2025 को आयो/जत 140 वी अनुमोदन समत क( बैठक का कायवृ4�1 एसईजेड का नाम मे. यूबस बजनेस पाक ाइवेट लमटेड, एसईजेड 2 सेटर आईट आईट ईएस/ 3 बैठक 5मांक 140 वी 4 तारीख 17.01.2025 उप9:थत सद:य: 5. नाम और पदनाम (एस/<ी.)
वभाग 1 <ीमती मतल हरेमठ संयु' वकास आयु' पुणे ल:टर एसईजेड, पुणे 2 <ी संजय बांगर, उप नदेशक उ@ोग, उ@ोग वभाग, , पुणे े! महाराA सरकार से नामत 3 <ीमती अचना परब, सहायक आयु', आयकर वभाग आयकर वभाग से नामत 4 डॉ. अचना पठारे े!ीय अधकारी एमआईडीसी, पुणे 5 <ी. मंचक जाधव उप- े!ीय अधकारी महाराA Eषण नयं!ण बोड से नामत 6 <ीमती पुFपा गंगावणे, एफट डीओ पुणे डीजीएफट वभाग से नामत 7 <ीमती मनीषा बनॉय, सीमा शुIक अधी क सीमा शुIक वभाग पुणे नामत वशेष आमं!त

नाम एवं पदनाम (<ी/ <ीमती) वभाग 1 <ी सतबीर शमा वनJद$ अधकारी सीKज़-एसईज़ेड, पुणे ल:टर एज,डा वषय 5 01 : -द 11.12.2024 को आयो/जत 139 वM बैठक के कायवृ4 क( पु

वचार-वमश के बाद, समत ने 11.12.2024 को आयो/जत 139 वM अनुमोदन समत क( बैठक के कायवृ4 क( पु क(�एज,डा वषय 5 02: -दनांक 11.12.2024 को आयो/जत 139 वM बैठक के संदभ मे क( गयी कायवाई क( Nरपोट �वचार-वमश के बाद, समत ने 11.12.2024 को आयो/जत अनुमोदन समत क( 139 वM बैठक के संदभ मे क( गयी कायवाई क( Nरपोट को नोट कया� एडीसी ने सूचत कया है क यूबस बजनेस पाक ाइवेट लमटेड, एसईजेड, पुणे म, कोई भी एज,डा लंबत नहM है� एज,डा वषय 5 03 : मेसस वीआईट पी ाइवेट लमटेड ) सह-डेवलपर( Oारा :तुत सामPी क( सूची के अनुमोदन के लए आवेदन�वचार-वमश के बाद, मेसस वीआईट पी ाइवेट लमटेड (सह-डेवलपर) के :ताव को समत ने एसईजेड नयम, 2006 के नयम 12(2), के अनुसार उनके ाधकृत चालनQ के लए अपेR त अनुबंध-I म, व:तृत सामPी क( सूची, /जसका मूIय 18,60,533/- Sपये, तथा उ' सामPी पर Tूट फोगUने 3,34,895.89 Sपये है, जो चाटड इंजीनयर वजय द4ा!ेय खामकर (पंजीकरण संVया एम-1535875) Oारा वधवत माRणत है, को अनुमो-दत कया�अधकृत संचालन के लए अनुलWनक- I के अनुसार सामPी क( अनुमो-दत सूची:

अधकृत संचालन के लए आवXयक सामPयQ क( सूची डीट ए से खरीदे गए व:तुY का अनुमानत मूIय (S. लाख म,) आयात से खरीदे गए व:तुY का अनुमानत मूIय (S. लाख म,) व:तुY का अनुमानत कुल मूIय (S. लाख म,) सं:करण े! म, सभी कार के भवनQ का नमाण (Authorised operation No.22 as per Instruction No. 50 dated 15.03.2010 issued by MOC&I 18.60 0.00 18.60 कुल 18.60 0.00 18.60 समत ने यह भी नोट कया क सामPी क( सूची सह-वकासक Oारा मेसस एलीPो टेनोलॉजीज ाइवेट लमटेड, एसईजेड यूनट (/जसने नकासी के लए आवेदन :तुत कया है) से सह-वकासक पNरसर म, मूल खरीद मूIय पर ाKत क( जा रही है� समत ने नदZश -दया क सह-वकासक के BLUT म, :थानांतरण क( गई संप4यQ का ववरण दज कया जाए, /जसम, संप4यQ का :थान, मं/ज़ल का ववरण आ-द शामल हो�एज,डा वषय 5 04: एज,डा वषय 5 06: मैसस टाटा टेनोलॉजीज लमटेड Oारा :तुत नदेशक मंडल म, पNरवतन के लए आवेदन, वचार-वमश के बाद, समत ने MOC&I Oारा जारी नदZश 109 -दनांक 18.10.2021 के अनुसार, नदेशक मंडल म, बदलाव के लए यूनटQ के :ताव को मंजूरी दे द , जैसा क नीचे बताया गया है:

5मांक नदेशक का नाम

पद

नागराज इजारी अतNर' नदेशक 2. शैलेश चं[ा अतNर' नदेशक 3. वॉरेन केवन हैNरस बंध नदेशक 4. उषा सांगवान अतNर' नदेशक 5. आरती शवानंद अतNर' नदेशक 6. अजय,[ मुखज
नदेशक 7. बालाजे राजन अतNर' नदेशक अनुमोदन एमओसी&आई Oारा जारी अनुदेश संVया 109 म, नधाNरत शत] के अधीन है� Minutes of the 140th Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic Zone for IT/ITES of Qubix Business Park Pvt. Ltd.-SEZ, Pune, held on 17.01.2025.

Name of the SEZ M/s. Qubix Business Park Pvt Ltd SEZ

Sector IT/ITES

Meeting No. 140th

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 Satbir Sharma, Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No.01: Confirmation of Minutes of the 139th meeting held on 11.12.2024 After deliberation, the Committee confirmed the minutes of the 139th Approval Committee meeting held on 11.12.2024 Agenda Item No. 02 : Action taken report for the Minutes of the 139th 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 pending agendas in r/o M/s. Qubix Business Park Pvt. Ltd.-SEZ Agenda Item No.03: Application for approval of List of Material submitted by M/s. VITP Pvt Ltd (Co-Developer) After deliberation, the committee approved the proposal of M/s. VITP Pvt Ltd (Co-Developer) for list of material detailed in Annexure-I, for Rs. 18,60,533/-and duty foregone on the said material amounting to Rs. 3,34,895.89 duly certified by the Chartered Engineer Vijay Dattatray Khamkar, (Registration No. M- 1535875) required for their authorized operations, in terms of Rule 12(2) of, SEZ Rules, 2006. Approved List of Materials as per Annexure- I for Authorized Operations :

List of materials required for the below mentioned Authorized operations Estimated value for Goods purchased from DTA (Rs. in Lakhs) Estimated value for Goods purchased from Import (Rs. in Lakhs) Estimated Total Value of Goods (Rs. in Lakhs

Construction of all type of Buildings in Processing area (Authorised operation No.22 as per Instruction No. 50 dated 15.03.2010 issued by MOC&I 18.60 0.00 18.60 TOTAL 18.60 0.00 18.60 The Committee also noted that the list of material is being procured by the Co-Developer from M/s. Allygrow Technologies Private Limited, SEZ unit (who has submitted an exit application) located in the Co-Developer’s premises on original procurement value. The Committee directed to record the details of transfer of assets in the BLUT of the Co-Developer including location of assets, floor details etc.

Agenda Item No.04: Application for change in Board of Directors submitted by M/s Tata Technologies Ltd., After deliberation, the committee approved the proposal of the below mentioned unit’s for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below:

Unit-I Unit-II Unit-III Located at IT 9 Bldg, 5th Floor, M/s. Qubix Business Park Pvt. Ltd. IT 3 Bldg, 6th Floor, M/s. Qubix Business Park Pvt. Ltd. IT 3 Bldg, 2nd Floor, M/s. Qubix Business Park Pavt. Ltd. LOA No. SEEPZ/NTPL- SEZ/TTL/39/2014- 15/11233 dt 10.09.2014 SEEPZ- SEZ/TTL/07/2011- 12/482 dt 11.01.2011 SEEPZ-SEZ/FIPL- SEZ/CSIPL/16/2012- 13/10989 dt 13.08.2012 Approved List of Board of Directors: Sr. No Name of the Directors Designation Date of Appointment 1. Nagaraj Ijari Additional Director 01.03.2023 2. Shailesh Chandra Additional Director 01.03.2023 3. Warren Kevin Harris Managing Director 28.06.2014 4. Usha Sangwan Additional Director 21.10.2022 5. Aarthi Sivanandh Additional Director 11.06.2022 6. Ajoyendra Mukherjee Director 24.06.2021 7. Balaje Rajan Additional Director 28.10.2024 The approval is subject to the conditions laid down in Instruction No. 109 issued by MOC&I. अ*य को ध^यवाद _ापन के साथ बैठक समाKत `ई�Meeting ended with a vote of thanks to the Chair.

(_ानेaर बी. पाट ल, 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 11:14:03 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 Change of List of Directors/Partners(M/s. TATA Technologies Limited) Approval letter is issued to the Unit on 28.01.2025. Agenda Item No. 03 Application for List of Goods(M/s. VITP Private Limited (Co-Developer)) Approval letter is issued to the Unit on 28.01.2025.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2024-25 41.51 11.67 0.00 0.00 1.23 0.00 0.00 TOTAL 41.51 11.67 0.00 0.00 1.23 0.00 0.00 GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. E-Zest Digital Solutions Pvt. Ltd., Unit 2, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune, for 1st year i.e. FY 2024-25 of 2nd Block period b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 1st year i.e. FY 2024-25 of 2nd Block period 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 for 5 years of 2nd Block period FY 2024-25 to FY 2028-29 Approved Projections: (Rs. In Crores)

2024-25 2025-26 2026-27 2027-28 2028-29 TOTAL FOB Value of Exports 41.51 0.00 0.00 0.00 0.00 41.50 FE Outgo 1.33 0.00 0.00 0.00 0.00 1.33 NFE 40.18 0.00 0.00 0.00 0.00 40.18

Performance as compared to projections: FY 2024-25 (Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2024-25 11.65 99.88%

Cumulative NFE achieved: FY 2024-25 (Rs. In Crores)

Employment Achievement (Direct): FY 2024-25

Approved Achieved Men 104 0 Women 60 0 Total 164 0

The unit vide letter dated 09.07.2024 has submitted their exit application from Qubix SEZ.

Other Information:

LOA No. & Date SEEPZ/QBPPL-SEZ/EZSL/66/2017-18 dt. 06.04.2018 Location of Unit 6TH Floor, IT-9 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411057 Validity of LOA 14.07.2025 Item(s) of manufacture/ Services IT-ITES, Software Development Date of commencement of production 15.07.2019 Execution of BLUT 02.11.2022 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 years from 07.04.2018 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any No a. Projected employment for the block period b. No. of employees as on 31.03.2024 164

NIl

Area allotted (in sq.ft.) 24500 Sqft. Area available for each employee per sq.ft. basis (area / no. of employees)

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

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 14.01.2025 has reported that SEZ Unit has submitted the following: Details of year-wise export as per the prescribed format: For the year 2024-25 (In Cr) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2024-25 11.67 11.73 (0.06) Cr. Difference is due to Exchange rate variation Import (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: For the year 2024-25 (In Cr) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference/ Remarks 2024-25 0.00 0.00 NIL In APR THE Cumulative value is considered BLUT

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 F.NO.SEEPZ/QBPPL- SEZ/ezest/BLUT/2017-18/87 dated 14.05.2018 BLUT Amount – Rs. 2.50 Cr.

SEEPZ/QBPPL-SEZ/EZSL/66/2017-18/VOL- II/806 dated 07.11.2022 BLUT Amount – Rs. 5.68 Cr.

Total BLUT 8.18 Cr.

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As on 31st March 2024 Men : 00 Women : 00 Total : 00

(b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2021) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond the permissible period for export Invoices raised till 31st December, 2024 (c) Whether all softex has been filed for the said period. If no, details thereof

NA (h) 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 (i) 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 (j) 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. Unit has regularly filed DSPF Form for all the services procured and also these DSPF Forms are regularly approved by the SO office. (k) 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 Unit have filed all the DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any request ID is pending for OOC.

(m) 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 They have dry pantry without cooking facility. The capital goods lying at the dry pantry area were procured without availing any duty benefit. (n) 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. 11.67 Crores as against projected export of Rs. 41.51 Crores in 1st year of the 2nd Block period. The unit has achieved positive NFE of Rs. 11.65 Crores i.e 99.88% in 1st year of the 2nd Block period. Approval Committee may like to monitor the performance of the Unit for 1 year of 2nd Block period i.e. FY 2024-25 for 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 15.05 11.88 0 0.00 0.75 12.53 0 2024-25 16.56 10.02 0.00 0 24.83 Total 31.61 21.90 0 0.00 0.75 12.53 24.83 GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Allygrow Technologies Pvt. Ltd., an IT/ITES unit located at Qubix Business Park Pvt. Ltd.-SEZ for 2 years of 2nd block period i.e. 2023-24 to 2024-25. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 2 years of 2nd block period i.e. 2023-24 to 2024-25, 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 for 5 years of 1st Block period FY 2023-24 to FY 2024-25 Approved Projections (Rs. In Crores)

2023-24 2024-25 2025-26 2026-27 2027-28 TOTAL FOB Value of Exports 15.05 16.56 18.22 20.04 22.04 91.91 FE Outgo 0.25 0.25 0.25 0.25 0.25 1.25 NFE 14.80 16.31 17.97 19.79 21.79 90.66 Performance as compared to projections: FY 2023-24 to FY 2024-25
(Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 11.86 99.85 2024-25 21.62 98.73

The unit vide letter dated 28.02.2024 has requested to Exit from SEZ Scheme as per Rule 74 of the SEZ Rules, 2006. Cumulative NFE achieved: FY 2023-24 to FY 2024-25 (Rs. in Crores)

Employment Achievement (Direct): FY 2023-24 to FY 2024-25

Approved Achieved Men 146 00 Women 15 00 Total 161 00 Other Information: LOA No. & Date SEEPZ-SEZ/QBPPL-SEZ/ATPL/72/ 2018- 19 dated 06.09.2018 Location of Unit Office No. 4A, Ground Floor, IT-8 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjawadi, Phase I, Pune 411057 Validity of LOA 06.01.2029 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 07.01.2019 Execution of BLUT 04.10.2018 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 5 Years i.e 16.09.2018 to 15.09.2023 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 31.03.2024 161 employees (Men-146, Women-51)

Area allotted (in sq.ft.) 4950 Area available for each employee per sq.ft. basis (area / no. of employees) 00 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 13.02.2025 has reported that SEZ Unit has submitted the following a. Details of year-wise export as per the prescribed format: From the year 2023-2024 to 2024-2025 (Rupees in Crore) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2023-24 11.88 11.87 -(0.01) Difference of Rs. –(0.01) Crore is due to Exchange Rate variation 2024-25 10.02 10.02 00 NA b. Import I. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2018-2019 to 2022-2023 (Rupees In Crore) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2023-24 0.13 0.13 00 NA

2024-25 0.00 0.00 0.00

(c ) BLUT 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 F. No. SEEPZ-SEZ/QBPPL- SEZ/ATPL/72/2018-19 dt. 04/10/18 BLUT Amount Rs. 3.42 Cr. F. No. SEEPZ-SEZ/QBPPL- SEZ/ATPL/72/2018-19 dt. 26.03.2024 BLUT Amount Rs. 19.22 Cr. TOTAL BLUT Rs. 22.64 Cr. 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Value Rupees In Crore FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 2023-24 0.03 0.58 2024-25 0.00 0.04 Total 0.03 0.62

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As Per Projection: Man: 146 Woman: 15 Total: 161 As on 31st March, 2024: Man: 00 Woman: 00 Total: 00 (b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2022) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond the permissible period for export invoices raised till 31st January, 2025 (c) 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

(d) 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 the Softex Forms has been certified except one with request ID 142400266632 for August 2024 wherein deficiency has been raised (e) Whether unit has filed any request for Cancellation of Softex No (f) 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 (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA (h) 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. Cleared E-waste/scrap as below:- Year Ass. Value Cr. Duty Cr. 2023-24 0.002 0.001 2024-25 0.11 0.02 Total 0.11 0.02

(i) 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 (j) 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 (k) 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

(l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any Request ID is pending for OOC. (m) 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 The unit does not have any Cafeteria/Canteen/Food Court facility. However, they have Dry Pantry, with no cooking facility. The SEZ unit has not taken permission for the same from Unit Approval Committee(UAC) (n) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring No. Except for filing of DSPF

e. Recommendation: The Unit has achieved export revenue of Rs. 21.90 Crores as against projected export of Rs. 31.61 Crores for FY 2023-24 to 2024-25 in 02 years of 2nd Block period i.e 69.28% The unit has achieved positive NFE of Rs. 21.62 Crores in the 2nd year of 02nd Block period i.e 2024-25 on cumulative basis. i.e. 98.73% Approval Committee may Monitor the performance of the unit for 2 years i.e. FY 2023-24 to 2024- 25 of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Dassault Systems Global Services Private limited, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune, for 5 years i.e. FY 2019-20 to FY 2023-24 of 2nd Block period b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years i.e. FY 2019-20 to FY 2023-24 of 2nd Block period 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 for 5 years of 2nd Block period FY 2019-20 to FY 2023-24

Approved Projections: (Rs. In Crores)

2019-20 2020-21 2021-22 2022-23 2023-24 TOTAL FOB Value of Exports 81.67 88.89 93.33 98.00 102.89 464.78 FE Outgo 1.60 4.68 4.61 2.00 4.83 17.72 NFE 80.07 84.21 88.72 96.00 98.06 447.06

Performance as compared to projections: FY 2019-20 to FY 2023-24
(Rs. In Crores)

Year Export F.E. OUTGO

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 79.27 98.49 2020-21 173.70 97.97 2021-22 253.58 97.79 2022-23 368.74 98.12 2023-24 489.15 98.12 Year

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 81.67 80.5 0.00 0.00 14.89 1.98 0 2020-21 88.89 96.8

0.15 1.14 2021-22 93.33 82.02

0.25 0.88 2022-23 98.00 116.48

0.09 0.05 2023-24 102.89 122.72

0 1.09 TOTAL 464.78 498.52 0.00 0.00 14.89 2.47 3.16 Cumulative NFE achieved: FY 2019-20 to FY 2023-24 (Rs. In Crores)

Employment Achievement (Direct): FY 2024-25

Approved Achieved Men 285 238 Women 123 114 Total 408 352

Other Information:

LOA No. & Date SEEPZ/NTPL-SEZ/3DPGSL/40/2014-15 dt. 27.01.2015 Location of Unit 4TH Floor, IT-9 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411057 Validity of LOA 19.03.2025

Item(s) of manufacture/ Services IT-ITES, Software Development Date of commencement of production 20.03.2015 Execution of BLUT 25.09.2019 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 No a. Projected employment for the block period b. No. of employees as on 31.03.2024 408

352 Area allotted (in sq.ft.) 39830.98 Sqft. Area available for each employee per sq.ft. basis (area / no. of employees) 113 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

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 13.02.2025 has reported that SEZ Unit has submitted the following:

Details of year-wise export as per the prescribed format: For the year 2019-20 to 2023-24 (In Cr) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks

2019-2020 80.50 80.70 (0.20) Difference of Rs. (0.20) Crore is due to Exchange Rate Variation. 2020-2021 96.80 95.82 0.98 Difference of Rs. 0.98 Crore is due to 2021-2022 82.02 80.90 1.11 Difference of Rs. 1.11 Crore is due to 2022-2023 116.48 118.55 (2.07) Difference of Rs. (2.07) Crore is due to Exchange Rate Variation. 2023-2024 122.72 121.01 1.72 Difference of Rs. 1.72 Crore is due to Import (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2019-2020 to 2023-2024 (In Crores) Year/ Period Figures as per Revised APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference/ Remarks 2019-2020 3.26 3.26 0.00 Unit have considered the cumulative amount in APR. 2020-2021 0.15 0.15 0.00 2021-2022 0.41 0.41 0.00 2022-2023 1.02 1.02 0.00 2023-2024 0.08 0.08 0.00

Raw Material From the year 2019-2020 to 2023-2024 (In Crores)

Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019-2020 0.00 0.00 Nil NA 2020-2021 0.00 0.00 Nil NA 2021-2022 0.00 0.00 Nil NA 2022-2023 0.00 0.00 Nil NA 2023-2024 0.00 0.00 Nil NA

BLUT

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 F.No. SEEPZ/NTPL- SEZ/3DPGSPL/40/2014-15/4769 dated 19.03.2015 Rs. 3.63 Crore F.No. SEEPZ-SEZ/NTPL- SEZ/3DPGSPL/40/2014-15/VOL-II/2094 dated 25.09.2019 Rs. 5.96 Crore F.No. SEEPZ-SEZ/NTPL- SEZ/3DPGSPL/40/2014-15/VOL-II/3568 dated 25.09.2019 Rs. 21.61 Crore

Total: Rs. 31.20 Crore

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As per Projection- Man: 280 Woman: 71 Total: 351

As on 31st March 2024: Man: 238 Woman: 114 Total: 352

(b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2021) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond the permissible period for export invoices raised till 31st March, 2024. (c) 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 softes. No Softex Forms has been pending for filing. (d) 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 the Softex Forms till March, 2024 has been certified. (e) Whether unit has filed any request for Cancellation of Softex No (f) 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) Unit have provided the Services to DTA against payment in INR and the same is reported in year wise APR DTA sale point as under: 2019-20 1.86 Cr 2020-21 1.53 Cr 2021-22 0.90 Cr 2022-23 6.4 Cr 2023-24 14.93 Cr (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online.

NA (h) 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

(i) 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 (j) 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. Unit has filed DSPF Form for all the services procured and the same are processed for approval by the SO Office. (k) 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 Unit have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period.

(l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any request ID is pending for OOC. (m) 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 The unit does not have any Cafeteria/Canteen/Food Court facility. However they have Dry Pantry, with no cooking facility. The SEZ Unit has not taken permission for the same from Unit Approval Committee (UAC). (n) 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. 498.52 Crores as against projected export of Rs. 464.78 Crores i.e. 107.25 % in 5th year of the 2nd Block period. The unit has achieved positive NFE of Rs. 489.15 Crores i.e 99.12% in 5th Year of 2nd Block period.

The unit has achieved employment of 352 (Men- 238, Women- 114) As per the SO report, it is observed that the Unit has provided services in DTA against payment received in INR during the monitoring period as follows: F.Y. DTA Sale in INR
2019-20 1.86 Cr 2020-21 1.53 Cr 2021-22 0.90 Cr 2022-23 6.40 Cr 2023-24 14.93 Cr Total 25.62 Cr

Since providing of “Services” in DTA against payment received in INR does not qualify as ‘Services’ as per definition given in Section 2(z) of the SEZ Act, 2005, The unit has made violation of various provision of SEZ Act / Rules and under Foreign Trade (Development and Regulation) Act, 1992.

Approval Committee may like to monitor the performance of the Unit for 5 years of 2nd Block period i.e. FY 2019-2020 to FY 2023-24 of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 188.27 59.01 0 0 0 0.00 0 Total 188.27 59.01 0 0

0.00 0 GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Akzo Nobel Business Services LLP, a IT/ITES Enabled Services located at Qubix Business Park Pvt Ltd. for 1st year of 2nd Block Period i.e. FY 2023-24. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 1st year i.e. for FY 2023-24 of 2nd Block period, 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: - Approved Projections (Rs. In Crores)

2023-24 2024-25 2025-26 2026-27 2027-28 TOTAL FOB Value of Exports 188.27 235.33 294.17 367.71 459.63 1545.11 FE Outgo 0.66 0.57 0.53 0.59 0.70 3.05 NFE 187.61 234.76 293.64 367.12 458.93 1542.06

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

Cumulative NFE achieved: FY 2023-24
(Rs. in Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 59.00 99.99%

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 800 421 Women 350 169 Total 1150 590

Other Information:

LOA No. & Date SEEPZ/QBPPL-SEZ/ANGBS/62/2017-18 DATED 20.12.2017 Location of Unit 2nd & 4TH Floor, Tower IT-5, Qubix Business Park Pvt. Ltd.-SEZ, Plot No. 2, Blue Ridge Township-Phase I, Near Rajiv Gandhi Infotech Park, Hinjawadi, Phase I, Pune 411057 Validity of LOA 02.12.2028 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 03.12.2018 Execution of BLUT 24.02.2018 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 Years from 06.09.2018 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 31.03.2024 1150 employees (Men-800, Women-350)

590 employees (Men-421, Women-169) Area allotted (in sq.ft.) 63946 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 108.38 Investment till date

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

Yes

The Specified Officer has submitted a report vide letter dated 22.01.2025, in the prescribed format along with point-wise reply to the discrepancies as follows:- a. EXPORT
(Rs. In Crores) Details of year-wise export as per the prescribed format: For the year 2023-24 (In Crores)

Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records

Difference, if any

Reason
for Difference / Remarks

2023-24

Rs.59.01 Cr

Rs.46.59 Cr

Rs. 12.42 Cr During the year services provided in India against payment Foreign currency for Rs.12.53 Cr. Hence no softex filed. Balance difference of Rs. (0.11) Cr is due to Exchange Rate variation.

Import (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis:

For the year 2023-24 (In Crores) Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2024-25 0.07 0.00 0.07 No import. In APR the cumulative Value for 2023-24 is considered

(c ) BLUT 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services) F.No. QBPPL- SEZ/ANGBS/62/2017-18/04717 dated 24.02.2018

Value of Additional BLUT executed Year: Date of acceptance BLUT amount:

TOTAL value of BLUT Executed BLUT Amount Rs. 9.70 Cr.

F.No. SEEPZ/QBPPL- SEZ/ANGBS/62/2017-18/2566 dated 17.12.2019 BLUT Amount Rs. 5.75 Cr.

F.No. SEEPZ/QBPPL- SEZ/ANGBS/62/2017-18/1607 dated 26.03.2024 BLUT Amount Rs.12.95 Cr.

Total BLUT Rs. 28.40 Crore. 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Value In Crore

FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 2023-24 0.27 0.94 Total 0.27 0.94

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men :411 Women:152 Total :563 As on 31st March 2024: Men: 421 Woman:169 Total: 590 (b) Details of pending Foreign No Foreign Remittance
is

Remittance beyond pending beyond the permissible

Permissible period, if any Period for realization.

(as on 31.03.2024) To cross-check the same

and verify whether

necessary permission from

AD Bank / RBI has been

obtained.

filed for the said period. If pending for filing.

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.

(d) 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 All the Softex Forms filed till 31st March, 2024 have been certified.

pendency.

(e) Whether unit has filed any request for Cancellation of Softex No (f) 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) They have not provided any services in DTA / SEZ / EOU / STPI etc. against payment in INR w.r.t. IT/ITES Services. (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA (h) 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 (i) 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

(j) 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. Unit has regularly filed DSPF Form for all the services procured and also these DSPF Forms are approved by the SO Office. (k) Whether unit has filed all DTA procurement w.r.t. the Unit have filed all the
DTA Procurement w.r.t. the
goods

goods procured by them during the monitoring period for the relevant period. If no, details thereof Procured by them during the monitoring period for the relevant period. (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No Request ID is pending for OOC. (m) 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. They have dry pantry without cooking facility and all the capital goods lying at the dry pantry area were procured without availing any duty benefit. (n) 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. 59.01 Crores as against projected export of Rs.188.3 Crores i.e 31.34 % in 1st year of 2nd block period The unit has achieved positive NFE of Rs. 59 Crores i.e 99.99% during the 1st year of 2nd block period. As per SO report the unit has 590 employees (Male:421, Female:169) as on 31.03.2024 i.e. FY 2023-24. Approval Committee may like to monitor the performance of the Unit for 2nd Block period i.e FY 2023-24.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Searce Logistics Analytics Limited Liability Partnership, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune, for 5th years i.e. FY 2019-20 of 2nd Block period and first 4 years of 3rd Block period i.e FY 2020-21 to FY 2023-24 b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5th year i.e. FY 2019-20 of 2nd block period and First 4 years i.e FY 2020-21 to FY 2023-24 of 3rd Block period 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 for 5 years of 2nd Block period FY 2015-16 to FY 2019-20

Approved Projections: (Rs. In Crores)

2015-16 2016-17 2017-18 2018-19 2019-20 TOTAL FOB Value of Exports 38.39 45.91 30.89 47.73 45.08 208 FE Outgo 1 0.7 0.04 0.07 1.18 2.99 NFE 37.39 45.21 30.85 47.66 43.9 205.01

Performance as compared to projections: FY 2019-20 (Rs. In Crores)

Export F.E. OUTGO

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 205.10 98.26 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 45.00 99.45 2021-22 91.56 99.62 2022-23 142.38 99.69 2023-24 193.06 99.72 Year

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 45.08 45.81 0.00 0.00 1.00 0 0 TOTAL 45.08 45.81 0.00 0.00 1.00 0 0 Cumulative NFE achieved: FY 2019-20 (Rs. In Crores)

Performance as compared to projections for 5 years of 3rd Block period FY 2020-21 to FY 2024-25 Approved Projections: (Rs. In Crores)

2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 40.00 42.00 44.10 46.31 48.62 221.03 FE Outgo 0.50 0.53 0.55 0.58 0.61 2.77 NFE 39.50 41.47 43.55 45.73 48.01 218.26 Performance as compared to projections: FY 2020-21 to FY 2023-24
(Rs. In Crores) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2020-21 40.00 45.25

1.15 -0.58 0 2021-22 42.00 46.66

0.59 0 2022-23 44.10 50.92

0.68 0 2023-24 46.31 50.77

0.17 0 TOTAL 172.41 193.60 0.00 0.00 1.15 0.86 0 Cumulative NFE achieved: FY 2019-20 to FY 2023-24 (Rs. In Crores)

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 239 115 Women 130 81 Total 369 196 Other Information: LOA No. & Date SEZ/PUNE/10C/2010-11/6928 dated 14.06.2010 Location of Unit 6th Floor, IT-06 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411057 Validity of LOA 14.06.2025 Item(s) of manufacture/ Services IT-ITES, Software Development Date of commencement of production 15.11.2010 Execution of BLUT 20.08.2010 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 years and 3 months i.e. from 01.06.2012 to 30.09.2027 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any No a. Projected employment for the block period b. No. of employees as on 31.03.2024 369(men- 239 & Women – 130)

196( Men – 115 & Women – 81) Area allotted (in sq.ft.) 37,867 Sqft. Area available for each employee per sq.ft. basis (area / no. of employees) 193 Sq.ft/employee 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

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: a. Details of year-wise export as per the prescribed format: From the year 2019-2020 to 2023-2024 (Rs.In Crores) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2019-2020 45.81 46.38 (-0.57) Difference of Rs. 0.57 Crore is due to Exchange Rate Variation. 2020-2021 45.25 45.46 (-0.21) During the year, Unit had raised the Credit note of Rs. 0.15 Crore.

Balance difference of Rs. 0.06 Crore is due to Exchange Rate Variation. 2021-2022 46.66 46.94 (-0.28) During the year, Unit had raised the Credit note of Rs. 0.03 Crore. Balance difference of Rs. 0.25 Crore is due to Exchange Rate Variation. 2022-2023 50.92 51.28 (-0.36) Difference of Rs. 0.36 Crore is due to 2023-2024 50.77 50.79 (-0.02) Difference of Rs. 0.02 Crore is due to a. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2019-2020 to 2023-2024 (Rs. In Crores)

Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019-2020 0.00 0.00 0.00

Unit has considered the cumulative amount in APR. 2020-2021 0.00 0.00 0.00 2021-2022 0.00 0.00 0.00 2022-2023 0.00 0.00 0.00 2023-2024 0.00 0.00 0.00

ii. Raw Material From the year 2019-2020 to 2023-2024 (Rs. In Crores) Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019-2020 0.00 0.00 Nil NA 2020-2021 0.00 0.00 Nil NA 2021-2022 0.00 0.00 Nil NA 2022-2023 0.00 0.00 Nil NA 2023-2024 0.00 0.00 Nil NA

(c ) BLUT 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 F.No. SEZ/PUNE/10C/2010-11/670 dated 20.08.2010 Rs. 0.64 Crore

F.No. SEZ/PUNE/10C/2010-11/7634 dated 08.05.2015 Rs. 1.30 Crore F.No. SEZ/PUNE/10C/2010-11/3567 dated 07.10.2020 Rs. 5.94 Crore

Total: Rs. 7.88 Crore

2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. Value Rs.In Crore FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 2019-2020 0.37 0.31 2020-2021 0.00 0.34 2021-2022 0.11 0.32 2022-2023 0.001 0.07 2023-2024 0.003 0.004 Total 0.49 1.04 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As per Projection- Man: 239 Woman: 130 Total: 369 As on 31st March 2024: Man: 115 Woman: 81 Total: 196 (b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2024) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond the permissible period for export invoices raised till 31st March, 2024. (c) 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. No Softex Forms has been pending for filing. (d) 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 the Softex Forms till March, 2024 has been certified, except one with request ID 142400079953 for February 2024 wherein deficiency has been raised. (e) Whether unit has filed any request for Cancellation of Softex No

(f) 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) Unit has not provided any Services in DTA / SEZ / EOU / STPI etc. against payment in INR during the reporting period. (g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA (h) 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. Yes. De-bonded non-restricted capital goods viz. Tray for Printer, to their DTA Unit at Rajkot. Rs. In Cr. Year Ass Value Duty 2019-20 0.005 0.001 Total 0.005 0.001 (i) 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 (j) 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. Unit has filed DSPF Form for all the services procured during monitoring period and all are approved by the SO Office. (k) 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 Unit have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period. (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any Request ID is pending for OOC.

(m) 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 The unit does not have any Cafeteria/Canteen/Food Court facility. However they have Dry Pantry, with no cooking facility. The SEZ Unit has not taken permission for the same from Unit has Approval Committee (UAC). (n) 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. 45.81 Crores as against projected export of Rs. 45.08 Crores i.e. 101.61 % in 5th year of the 2nd Block period. i.e. in FY 2019-20 The unit has achieved positive NFE of Rs. 205.10 Crores i.e 98.26% in 5th year of the 2nd Block period. The Unit has achieved export revenue of Rs. 193.60 Crores as against projected export of Rs. 172.41 Crores i.e. 112.29 % in 4th year of the 3rd Block period. The unit has achieved positive NFE of Rs. 193.06 Crores i.e 99.72% in 4th Year of 3rd Block period. The unit has achieved employment of 196 (Men- 115, Women- 81) Approval Committee may like to monitor the performance of the Unit for 5th year i.e. FY 2019-20 of 2nd block period and 4 years i.e FY 2020-21 to FY 2023-24 of 3rd Block period in terms of Rule 54 of SEZ Rules, 2006.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Searce Cosourcing Services Pvt. Ltd., an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune, for 4 years i.e. FY 2020-21 to FY 2023-24 of 1st Block period.

b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 4 years i.e. FY 2020-21 to FY 2023-24 of 1st Block period 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 for 4 years of 1st Block period FY 2020-21 to FY 2023-24

Approved Projections: (Rs. In Crores)

2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 0.42 7.25 9.10 10.96 12.81 40.54 FE Outgo 1.33 1.95 1.94 2.23 2.41 9.86 NFE -0.91 5.3 7.16 8.73 10.4 30.68

Performance as compared to projections: FY 2020-21 to FY 2023-24
(Rs. In Crores)

Year Export F.E. OUTGO

Projected

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

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 3.99 96.92 2021-22 12.29 97.98 2022-23 14.79 97.50 2023-24 19.33 97.45% Projected Actual Projected Actual Actual 2020-21 0.42 4.11 0.00 0.00 2.47 1.26 0.00 2021-22 7.25 8.43 0.00 0.00 0.00 0.00 2022-23 9.10 2.63 0.00 0.00 0.00 0.00 2023-24 10.96 4.65 0.00 0.00 0.00 0.00 TOTAL 27.73 19.83 0.00 0.00 2.47 1.26 0

Cumulative NFE achieved: FY 2020-21 to FY 2023-24 (Rs. In Crores)

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 150 160 Women 100 73 Total 250 233

Other Information:

LOA No. & Date SEEPZ-SEZ/QBPPL-SEZ/SCSPL/ 78/2019-20 dated 03.09.2020 Location of Unit 6th Floor, Zone B, IT-06 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjewadi, Phase I, Pune 411057 Validity of LOA 05.04.2025 Item(s) of manufacture/ Services IT-ITES, Software Development

Date of commencement of production 06.04.2020 Execution of BLUT 21.05.2020 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement

233( Men – 160 & Women – 73) Area allotted (in sq.ft.) 18,933 Sqft. Area available for each employee per sq.ft. basis (area / no. of employees) 81.25 Sq.ft/employee 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

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 21.01.2025 has reported that SEZ Unit has submitted the following:

a. Details of year-wise export as per the prescribed format: From the year 2020-2021 to 2023-2024 (In Crores)

Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2020-2021 4.12 3.88 0.24 During the year, Unit had raised the invoices of Rs. 0.23 Crore for Deemed export to their client.

Balance difference of Rs.0.01 Crore is due to 2021-2022 8.43 6.73 1.70 During the year, Unit had raised the invoices of Rs. 1.72 Crore for Deemed export to their client.

Balance difference of Rs. (- 0.02) Crore is due to 2022-2023 2.63 2.65 (-0.02) Difference of Rs.(-0.02) Crore is due to Exchange Rate Variation. 2023-2024 4.66 4.68 (-0.02) Difference of Rs.(-0.02) Crore is due to Exchange Rate Variation.

Import (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2020-2021 to 2023-2024 (In Crores) Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2020-2021 1.27 1.27 0.00 NA 2021-2022 0.00 0.00 0.00 NA 2022-2023 0.00 0.00 0.00 NA 2023-2024 0.00 0.00 0.00 NA

Raw Material

From the year 2020-2021 to 2023-2024 (In Crores) Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2020-2021 0.00 0.00 Nil NA 2021-2022 0.00 0.00 Nil NA 2022-2023 0.00 0.00 Nil NA 2023-2024 0.00 0.00 Nil NA

BLUT

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

F.No. SEEPZ-SEZ/QBPPL- SEZ/SCSPL/78/2019-2020/3138 dated 21.05.2020

Rs. 3.50 Crore Total: Rs. 3.50 Crore

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) As per Projection- Man: 120 Woman: 80 Total: 200

As on 31st March 2024: Man: 160 Woman: 73 Total: 233

(b) Details of pending Foreign Remittance beyond Permissible period, if any (as on 31.03.2024) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No Foreign Remittance is pending beyond the permissible period for realization.

(c) 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. No Softex Forms has been pending for filing.

(d) 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 the Softex Forms filed till March, 2024 has been certified. (e) Whether unit has filed any request for Cancellation of Softex No

(g) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA

(h) 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

(j) 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. Unit has filed DSPF Form for all the services procured during monitoring period and these are approved by the SO Office.

(k) 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 Unit have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period.

(l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No any Request ID is pending for OOC.

e. Recommendation: The Unit has achieved export revenue of Rs. 19.83 Crores as against projected export of Rs. 27.93 Crores in 4th year of the 1st Block period. The unit has achieved positive NFE of Rs. 19.33 Crores i.e 97.45% in 4th year of the 1st Block period. The unit has achieved employment of 233 (Men- 160, Women- 73) Approval Committee may like to monitor the performance of the Unit for 4 years i.e. FY 2020-21 to FY 2023-24 of 1st block period in terms of Rule 54 of SEZ Rules, 2006.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Proposal dated 13.02.2025 submitted by M/s. SubEno India Private Limited located in M/s. Qubix Business Park Pvt. Ltd.-SEZ for Change in Shareholding Pattern and Change in Board of Director. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for Change in Shareholding Pattern and Change in Board of Director, in terms of Instruction No. 109 dated 18.10.2021 c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- “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: - Existing Shareholding Pattern: Sr. No. Shareholders No. of Shares Shareholding % 1. Enovate Systems Limited 99,000 99% 2. Aker Solutions IP Limited 1,000 1%

1,00,000 100%

Proposed Shareholding Pattern

Sr. No. Shareholders Shareholding % 1. Enovate Systems Limited 99.83 2. Onesubsea International IP Limited (Formerly Known as Aker Solutions IP Limited) 0.17

100%

Previous List of Board of Director: Sr. No. Updated list of Directors Designation Date of appointment/Cessation

Devraj Machhindranath Sonavane Director 18.05.2023 2. Matthew Penn Director 25.11.2024 3. Pawas Shukla Additional Director 07.06.2024

Proposed List of Board of Director: Sr. No. Updated list of Directors Designation Date of appointment 1. Devraj Machhindranath Sonavane Director 18.05.2023 2. Pawas Shukla Additional Director 07.06.2024

Other Information: -

M/s. SubEno India Private Limited located at 1s & 2nd Floor, IT-2 Building, Qubix Business Park, SEZ Phase I, Hinjewadi, Pune – 411 005 LOA No. SEEPZ/FIPL-SEZ/APSPL/12/2011-12 Dated 08.03.2011 DCP : 15.04.2011 LOA Valid upto 14.04.2026 M/s. SubEno India Private Limited has submitted the following documents: Board resolution copy of M/s. SubEno India Private Limited Certificate of Incorporation on Change in name of the unit Resignation of the Board of Director Form Dir 12 Copy of Ministry of Corporate Affairs w.r.t change in Shreholding pattern. Undertaking in terms of fulfilling conditions of Instruction 109 e. Recommendation: Approval Committee may kindly consider the proposal of the unit for Change in Shareholding Pattern and Change in Board of Director, in terms of Instruction no. 109 issued by MOC&I.

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