IN FORCE SEZ / EOU / FTWZ 2025-03-18

Agenda for Approval Committee for SEZ Pune Cluster scheduled on 21 March 2025. — 03-2-qubix-sez

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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 : 21.03.2025

TIME : 10:30 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 21.03.2025 INDEX

Agenda Item No.

Subject Agenda Item No. 01:- Confirmation of the Minutes of the meeting held on 21.02.2025 Agenda Item No. 02:- Action taken report for the Minutes of the meeting held on 21.02.2025 Agenda Item No. 03:- Monitoring of performance for M/s. Smartek21 Pvt. Ltd. Agenda Item No. 04:- Monitoring of performance for M/s Neeyamo Enterprise Solutions Pvt Ltd Agenda Item No. 05:- Monitoring of performance for M/s. V Synergize Outsourcing Pvt. Ltd Agenda Item No. 06:- Monitoring of performance for M/s. Allygram Systems and Technologies Pvt. Ltd Agenda Item No. 07:- Monitoring of performance for M/s. Tresvista Analytics LLP Agenda Item No. 08:- Monitoring of performance for M/s. Fortrea Scientific Private limited, Unit 1 Agenda Item No. 09:- Application for merger of M/s. Fortrea Scientific Private limited (Unit 1 & Unit 3)

मे. यूबसबजनेसपाकाइवेटलमटेडएसईजेडपुणेकेआईटवशेषवशसेटरकेआईटईएस/ ेआथकजोनलवकासआयुकअयतामपुणेमदकोआयोजतवी अनुमोदनसमतकबैठककाकायवृ 1 एसईजेडकानाम मेमेयूबस यूबसबजनेस बजनेसपाक पाकाइवेट ाइवेटलमटेड लमटेड, एसईजेड एसईजेड 2 े आईटआईटईएस 3 मीटगनं वी 4 तारीख  उपथत उपथतसदय सदय . नाम नामऔर औरपदनाम पदनाम(एस एस/ी ी.) वभाग वभाग 1 ीमतीमतलहरेमठ संयुवकासआयु पुणेलटरएसईजेड, पुणे 2 ीमतीअचनापरब, सहायकआयु, आयकरवभाग आयकरवभागसेनामत 3. ीसंजीवपाटल, उोगअधकारी महारासरकारसेनामत 4. ीबालासाहेबकुकडे, उपेीयअधकारी महाराषणनयंणबोडसेनामत 5. ीमतीपुपागंगावणे, एफटडीओ पुणेडीजीएफटवभागसेनामत 6 ीधवलएसशक, अधीक सीमाशुकवभागपुणेनामत वशेष वशेषआमंत आमंत  नाम नामएवं एवंपदनाम पदनाम (ी ीीमती ीमती) वभाग वभाग 1 ीसतबीरशमा, वनदअधकारी सीज़-एसईज़ेड, पुणेलटर एजडा एजडावषय वषयद दको कोआयोजत आयोजतव वबैठक बैठककेकेकायवृ कायवृक कपु पु वचार-वमशकेबाद, समतने17.01.2025 कोआयोजत140 वअनुमोदनसमतकबैठककेकायवृकपुक एजडा एजडावषय वषयदनांक दनांकको कोआयोजत आयोजत140 व वबैठक बैठककेकेसंदभ संदभमेमेक कगयी गयीकायवाई कायवाईक करपोट रपोट वचार-वमशकेबाद, समतने17.01.2025 कोआयोजतअनुमोदनसमतक140 वबैठककेसंदभमेकगयीकायवाईक रपोटकोनोटकया एजडा एजडावषय वषय03: मेसस मेससई-ज़ेट ज़ेटडजटल डजटलसॉयूशंस सॉयूशंसा. ा. ल ल. का कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, सरेलॉकअवधकेपहलावषअथातव वष2024-25 तककेलएयूनटकेपरफॉमसकोनोटकया यूनटनेसरेलॉकअवधकेपहलावषअथातववष2024-25 मसंचयीआधारपर41.51 करोड़पयेके अनुमानतनयातकेमुकाबले11.67 करोड़पयेकानयातहासलकयाहै यूनटनेववष2024-25 मसंचयीआधारसकारामकएन.एफ.ई11.65 करोड़पये(नेटवदेशीमूय(हासल कयाहै एजडा एजडावषय वषय04: मेसस मेससअलीो अलीोटेनोलॉजीज टेनोलॉजीजा. ा. ल ल. का कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, सरेलॉकअवधके2 वषअथातववष 2023-24 से2024-25 तककेलएयूनटकेपरफॉमसकोनोटकया यूनटनेसरेलॉकअवधकेसरेवषअथातववष2024-25 मसंचयीआधारपर31.61 करोड़पयेके

अनुमानतनयातकेमुकाबले21.90 करोड़पयेकानयातहासलकयाहै यूनटनेववष2024-25 मसंचयीआधारसकारामकएन.एफ.ई21.62 करोड़पये(नेटवदेशीमूय(हासल कयाहै एजडा एजडावषय वषय05: मेसस मेससडसॉट डसॉटसटम सटमलोबल लोबलसवसेज सवसेजा. ा. लमटेड लमटेडका कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, सरेलॉकअवधके5 वषअथातववष 2019-20 to FY 2023-24 तककेलएयूनटकेपरफॉमसकोनोटकया यूनटनेसरेलॉकअवधकेपाँचवेवषअथातववष2023-24 मसंचयीआधारपर464.78 करोड़पयेके अनुमानतनयातकेमुकाबले498.52 करोड़पयेकानयातहासलकयाहै यूनटनेववष2023-24 मसंचयीआधारसकारामकएन.एफ.ई489.15 करोड़पये(नेटवदेशीमूय(हासल कयाहै यूनटने352 कमचारय(पुष-238, महला-114) कोरोजगारदयाहै वनदअधकारी(SO) रपोटकेअनुसार, यहदेखागयाहैकयूनटनेमॉनटरगअवधकेदौरानडीटए(डोमेटक टैरफएरया) मसेवाएंदानकहऔरइसकेबदलेमभुगतानभारतीयपये(INR) मातकयाहै: 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 चूंकDTA मातभुगतानकेखलाफ"सेवा" कादानकरनाSEZ अधनयम, 2005 कधारा2(z) मदएगए परभाषाकेअनुसार'सेवाएं' केपमयोयनहहै, इसलएइकाईनेSEZ अधनयम/ नयमऔरवदेशीापार (वकासऔरवनयमन) अधनयम, 1992 केवभनावधानकाउलंघनकयाहै चूंकयूनटकोवदेशीमुाकेबजायभारतीयपयेमभुगतानातआहै, इसलएअनुमोदनसमतनेएसईजेड अधनयम, 2005 कधारा2 (जेड) (iii) केावधानकाउलंघनकरनेकेलएकारणबताओनोटसजारीकरनेका नदशदया एजडा एजडावषय वषय06: मेसस मेससअजो अजोनोबेल नोबेलबजनेस बजनेससवसेज सवसेजएलएलपी एलएलपीलमटेड लमटेडका कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, सरेलॉकअवधके1 वषअथातववष 2023-24 तककेलएयूनटकेपरफॉमसकोनोटकया यूनटनेसरेलॉकअवधकेपहलेवषअथातववष2023-24 म188.3 करोड़पयेकेअनुमानतनयातके मुकाबले59.01 करोड़पयेकानयातहासलकयाहै यूनटनेववष2023-24 मसंचयीआधारसकारामकएन.एफ.ई59 करोड़पये(नेटवदेशीमूय(हासलकयाहै यूनटने590 कमचारय(पुष-421, महला-169) कोरोजगारदयाहै एजडा एजडावषय वषय07: मेसस मेसससीरसे सीरसेलॉजटस लॉजटसएनालटस एनालटसलमटेड लमटेडलाइबलट लाइबलटपाटनरशप पाटनरशपका कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, सरेलॉकअवधकेपाँचवेवषअथातव वष2019-20 औरतीसरेलॉकअवधकेचारवषअथातववष2020-21 से2023-24 तककेलएयूनटकेपरफॉमस कोनोटकया यूनटनेतीसरेलॉकअवधकेसरेवषअथातववष2019-20 मसंचयीआधारपर45.08 करोड़पयेके अनुमानतनयातकेमुकाबले45.81 करोड़पयेकानयातहासलकयाहै यूनटनेववष2019-20 मसंचयीआधारसकारामकएन.एफ.ई205.10 करोड़पये (नेटवदेशीमूय(हासल

कयाहै यूनटनेतीसरेलॉकअवधकेचारवषअथातववष2020-21 से2023-24 मसंचयीआधारपर172.41 करोड़ पयेकेअनुमानतनयातकेमुकाबले193.60 करोड़पयेकानयातहासलकयाहै यूनटनेववष2020-21 से2023-24 मसंचयीआधारसकारामकएन.एफ.ई193.06 करोड़पये (नेटवदेशी मूय(हासलकयाहै यूनटने196 कमचारय(पुष-115, महला-81) कोरोजगारदयाहै एजडा एजडावषय वषय08: मेसस मेसससीस सीसकोसोसग कोसोसगसवसेज सवसेजा. ा. लमटेड लमटेडका कामॉनटरग मॉनटरगऑफ़ ऑफ़परफॉमस परफॉमस वचार-वमशकेबाद, समतनेएसईजेडनयम, 2006 केनयम54 केअनुसार, पहलेलॉकअवधकेचारवषअथातववष 2020-21 सेFY 2023-24 तककेलएयूनटकेपरफॉमसकोनोटकया यूनटनेपहलेलॉकअवधकेचारवषअथातववष2020-21 सेFY 2023-24 मसंचयीआधारपर27.93 करोड़पयेकेअनुमानतनयातकेमुकाबले19.83 करोड़पयेकानयातहासलकयाहै यूनटनेववष2020-21 सेFY 2023-24 मसंचयीआधारसकारामकएन.एफ.ई19.33 करोड़पये(नेटवदेशी मूय(हासलकयाहै यूनटने233 कमचारय(पुष-160, महला-73) कोरोजगारदयाहै एजडा एजडावषय वषय09: मैसस मैसससबइनो सबइनोइंडया इंडयााइवेट ाइवेटलमटेड लमटेडारा ारातुत तुतशेयर शेयरहोडंग होडंगपैटन पैटनऔर औरनदेशक नदेशकमंडल मंडलममपरवतन परवतनकेके लए लएआवेदन आवेदन, वचार-वमशकेबाद, समतनेMOC&I ाराजारीनदश109 दनांक18.10.2021 केअनुसार, नदेशकमंडलमबदलाव केलएयूनटकेतावकोमंजूरीदेद, वीकृत वीकृतशेयर शेयरहोडंग होडंगपैटन पैटन   % 1. Enovate Systems Limited 99.83 2. Onesubsea International IP Limited (Formerly Known as Aker Solutions IP Limited) 0.17 % वीकृत वीकृतनदेशक नदेशकक कसूची सूची       1. Devraj Machhindranath Sonavane Director 18.05.2023 2. Pawas Shukla Additional Director 07.06.2024 अनुमोदनएमओसी&आईाराजारीअनुदेशसंया109 मनधारतशतकेअधीनहै अयकोधयवादापनकेसाथबैठकसमातई

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 . Name of the SEZ Z Sector II Meeting No.  Date     ()  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 I    1 Shri Satbir Sharma, Specified Officer SEEPZ-SEZ, Pune Cluster I  After deliberation, the Committee confirmed the minutes of the 139th Approval Committee meeting held on 11.12.2024 I 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 IZ After deliberation, the committee noted the performance of the unit for FY 2024-25 i.e. 1st year of 2nd Block period in terms of Rule 54 of SEZ Rules, 2006. 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 i.e FY 2024-25. The unit has achieved positive NFE of Rs.11.65 Crores in 1st year of 2nd block period on

cumulative basis. I After deliberation, the committee noted the performance of the unit for FY 2023-24 to 2024-25 i.e. 2 years of 2nd Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 21.90 Crores as against projected export of Rs. 31.61 Crores in 2 years of the 2nd Block period i.e FY 2023-24 to 2024-25. The unit has achieved positive NFE of Rs.21.62 Crores in 2nd year of 2nd block period on cumulative basis. IG After deliberation, the committee noted the performance of the unit for FY 2019-20 to FY 2023-24 i.e. 5 years of 2nd Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 498.52 Crores as against projected export of Rs. 464.78 Crores in 5th year of the 2nd Block period i.e FY 2023-24. The unit has achieved positive NFE of Rs. 489.15 Crores in 5th year of 2nd block period on cumulative basis. 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 As the Unit has received payment in INR instead of Foreign Currency the Approval Committee directed to issue a SCN for contravening the provision of Section 2(z)(iii) of SEZ Act, 2005. I After deliberation, the committee noted the performance of the unit for FY 2023-24 i.e. 3rd year of 3rd Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 59.01 Crores as against projected export of Rs. 188.3 Crores in 1st year of 2nd Block period i.e FY 2023-24.

The unit has achieved positive NFE of Rs. 59 Crores in 1st year of 2nd block period on cumulative basis. The unit has achieved employment of 590 employees (Male:421, female:169). I  After deliberation, the committee noted the performance of the unit for 5th Year of 2nd Block period i.e FY 2019-20 and 4 years of 3rd Block Period i.e FY 2020-21 to FY 2023-24 in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 45.81 Crores as against projected export of Rs. 45.08 Crores in 5th year of the 2nd Block period i.e FY 2019-20. The unit has achieved positive NFE of Rs. 205.10 Crores in 5th year of the 2nd Block period on cumulative basis. The Unit has achieved export revenue of Rs. 193.60 Crores as against projected export of Rs. 172.41 Crores in 4th year of the 3rd Block period i.e FY 2020-21 to FY 2023-24 The unit has achieved positive NFE of Rs. 193.06 Crores in 4th year of the 3rd Block period on cumulative basis. The unit has achieved employment of 196 (Men- 115, Women- 81). I After deliberation, the committee noted the performance of the unit for FY 2020-21 to 2022-23 i.e. 4 years of 1st Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 19.83 Crores as against projected export of Rs. 27.93 Crores in 4 years of 1st Block period i.e FY 2020-21 to FY 2023-24 The unit has achieved positive NFE of Rs.19.33 Crores in 4th year of 1st block period on cumulative basis. The unit has achieved employment of 233 (Men- 160, Women- 73). I I After deliberation, the committee approved the proposal of M/s SubEno India Private Limited for Change in Shareholding Pattern and change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below:    % 1. Enovate Systems Limited 99.83 2. Onesubsea International IP Limited (Formerly Known as Aker Solutions IP Limited) 0.17 %

       1. Devraj Machhindranath Sonavane Director 18.05.2023 2. Pawas Shukla Additional Director 07.06.2024 The approval is subject to the conditions laid down in Instruction No. 109 issued by MOC&I. Meeting ended with a vote of thanks to the Chair. (ानेर ानेरबी बीपाटल पाटलआईएएस आईएएस) (I) अय अयएवं एवंवकास वकासआयु आयु  signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.02.27 15:46:55 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 21-02-2025 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 1st Meeting held on 17-01-2025 Committee confirmed the minutes of last approval committee meeting Agenda Item No. 02 Application for Monitoring of Performace(M/s. E-Zest Digital Solutions Pvt. Ltd) Approval letter issued on 27.02.2025. Agenda Item No. 03 Application for Monitoring of Performace(M/s. Allygrow Technologies Pvt. Ltd) Approval letter issued on 27.02.2025. Agenda Item No. 04 Application for Monitoring of Performace(M/s. Dassault Systems Global Services Private limited) Approval letter issued on 27.02.2025. Agenda Item No. 05 Application for Monitoring of Performace(M/s. Akzo Nobel Business Services LLP) Approval letter issued on 27.02.2025. Agenda Item No. 06 Application for Monitoring of Performace(M/s. Searce Logistics Analytics Limited Liability Partnership) Approval letter issued on 27.02.2025. Agenda Item No. 07 Application for Monitoring of Performace(M/s. Searce Cosourcing Services Pvt. Ltd.) Approval letter issued on 27.02.2025. Agenda Item No. 08 Application for change in list of directors & change in share holding pattern(M/s. SubEno India Private Limited ) Approval letter issued on 27.02.2025.

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

AGENDA NOTE FOR CONSIDERATION OF THE APPROVAL COMMITTEE

Proposal: Monitoring of the performance of M/s. Smartek21 Pvt. Ltd., an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune for 5th year of 1st Block Period i.e. FY 2021-22 and 2 years of 2nd Block period i.e FY 2022-23 & FY 2023-24.

Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for :  5th year of 1st Block period i.e. for FY 2021-22 &  2 years of 2nd Block period i.e for FY 2022-23 & FY 2023-24, in terms of Rule 54 of SEZ Rules, 2006.

Relevant provisions: -

As per Rule 54 of SEZ Rules, 2006

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

Approved Projections for 1st Block Period FY 2017-18 to FY 2021-22
(Rs. In Crores)

2017-18 2018-19 2019-20 2020-21 2021-22 TOTAL FOB Value of Exports 6.95 8.14 9.21 11.16 12.84 48.30 FE Outgo 0.99 0.36 0.38 1.21 0.65 03.59 NFE 5.96 7.78 8.83 9.85 12.19 44.71

Performance as compared to projections: FY 2021-22
(Rs. In Crores)

Cumulative NFE achieved: FY 2021-22
(Rs. in Crores)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2021-22 12.84 28.78 0.00 0.00 259.40 0.00 0.00 Total 12.84 28.78 0.00 0.00 259.40 0.00 0.00 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 88.16 99.99%

Approved Projections for 2nd Block Period FY 2022-23 to FY 2026-27 (Rs. In Crores)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB Value of Exports 29.00 29.10 29.30 29.50 29.60 146.50 FE Outgo 0.05 0.09 0.12 0.15 0.16 0.57 NFE 28.95 29.01 29.18 29.35 29.44 145.93

Performance as compared to projections: FY 2022-23 to FY 2023-24 (Rs. In Crores)

Cumulative NFE achieved: FY FY 2022-23 to FY 2023-24 (Rs. in Crores)

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 121 76 Women 30 25 Total 151 101

Other Information:

LOA No. & Date SEEPZ/QBPPL-SEZ/S21PL/53/ 2016-17 dt. 23.03.2017 Location of Unit 6th Floor, IT-4 Building, Plot No. 2, Blue Ridge Township, Qubix Business Park Pvt. Ltd.-SEZ, near Rajiv Gandhi Infotech Park, Hinjawadi, Phase I, Pune 411057 Validity of LOA 30.09.2027 Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 29.00 33.56 0.00 0.00 36.00 0.00 0.00 2023-24 29.10 26.94 0.00 0.00 0.00 0.00 Total 58.10 60.50 0.00 0.00 36.00 0.00 0.00 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 33.56 99.99% 2023-24 60.50 99.99%

Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.10.2017 Execution of BLUT 14.11.2022 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement November 2027 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 151 employees (Men-121, Women-30)

101 employees (Men-76, Women-25)

Area allotted (in sq.ft.) 10,000 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 108.38 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 has submitted a report vide letter dated 10.03.2025, 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: From the year 2020-2021 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 2021-2022 28.78 28.78 0.00 NA 2022-2023 33.56 33.56 0.00 NA 2023-2024 26.95 26.85 0.10 Debit Notes raised on foreign clients shown in APR.

(a) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2020-2021 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 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

(ii) Raw Material From the year 2020-2021 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 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

(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/SCSPL/78/2019-2020/3138 dated 21.05.2020 Rs. 4.02 Crore

Total: Rs. 4.02 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.) 2021-2022 0.00
0.00
2022-2023 0.00
0.00
2023-2024 0.00
0.00
Total 0.00 0.00 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 82 Women:54 Total : 136 As on 31st March 2024: Men: 76 Woman:25 Total: 101 (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. (c) Whether all softex has been Yes

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. (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 Yes. All the Softex Forms filed till 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. Yes. The 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 Unit has no DTA Procurement during the monitoring period. goods procured by them during the monitoring period for the relevant period. If no, details thereof

(l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report NA (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. Unit has not set-up cafeteria / canteen / food court in their premises. (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

(d) ADC’s observations:

 The unit has achieved export revenue of Rs. 28.78 Crores as against projected export of Rs.12.84 Crores in 5th Year of 1st block period i.e. FY 2021-22  The unit has achieved positive cumulative NFE of Rs. 88.16 Crores i.e 99.99% in the 5th year of 1st block period.
 The unit has achieved export revenue of Rs. 60.50 Crores as against projected export of Rs.58.10 Crores in the 2nd Year of 2nd block period i.e. FY 2023-24  The unit has achieved positive cumulative NFE of Rs. 60.50 Crores in the 2nd Year of 2nd block period i.e. FY 2023-24

 As per SO report the unit has 101 employees (Male: 76, Female: 25) as on 31.03.2024
 The Unit is required to revise the APRs to fill the correct NFE value for FY 2021-22, 2022-23 and 2023 24.  Approval Committee may like to monitor the performance of the Unit for
 5th year of 1st Block period i.e. for FY 2021-22 &  2 years of 2nd Block period i.e for FY 2022-23 & FY 2023-24,
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 8.10 6.41 0.00 0.00 0.00 1.84 0.00 Total 8.10 6.41 0.00 0.00 0.00 1.84 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 Neeyamo Enterprise Solutions Pvt Ltd, located at Qubix Business Park Pvt. Ltd, for 1ST Year of 2nd Block period i.e. 2023-24. b. Specific Issue on which decision of AC is required: - Monitoring of the performance of the unit for 1st year of 2nd block period i.e. 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: - a. Approved Projections for 2nd Block period (Rs. In Crores) 2023-24 2024-25 2025-26 2026-27 2027-28 TOTAL FOB Value of Exports 8.10 8.51 8.93 9.38 9.85 44.77 FE Outgo 0.00 0.00 0.00 0.00 0.00 0.00 NFE 8.10 8.51 8.93 9.38 9.85 44.77 I. Performance as compared to projections: FY 2023-24 (Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 6.14 95.75% (II) Cumulative NFE achieved: FY 2023-24 (Rs. in Crores) (III) Employment Achievement: FY 2023-24 Approved Achieved Men 220 127 Women 280 183 Total 500 310 b. Other Information: LOA No. & Date SEEPZ/QBPPL-SEZ/NESPL/68/2017-18 dated 06.04.2018. Location of Unit Office No. 1,8th Floor in IT-7 Building, Qubix Business Park Pvt. Ltd.,- SEZ, Plot No. 2, Blue Ridge Township, Near Rajiv Gandhi Infotech Park, Phase-I, Pune Hinjewadi 411 057 Validity of LOA 02.12.2023 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 03.12.2018 Execution of BLUT 25.05.2018 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 Years i.e 07.04.2018 to 06.04.2033 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 310(Men-127, Women-183) Area allotted (in sq.ft.) 38080 Area available for each employee per sq.ft. basis (area / no. of employees) 106.37

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 11.03.2025 has reported that SEZ Unit has submitted the following a. Details of year-wise export as per the prescribed format: For the year 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 2023-2024 6.42 6.58 (-0.16) Credit Note of (-0.15) Cr. raised and Exchange rate variation of (-0.01) Cr. b. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: For the year 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 2023-2024 0.00 0.00 0.00 NA ii. Raw Material For the year 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 2023-2024 0.00 0.00 0.00 NA (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/NESPL/68/2017-18/13848 dated 25.05.2018 Rs. 2.04 Crore F.No. SEEPZ-SEZ/QBPPL- SEZ/NESPL/68/2017-18/1452 dated 12.02.2024 Rs. 4.45 Crore Total: Rs.6.49 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.) 2023-24 0.001 0.44 Total 0.001 0.44 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 200 Women:150 Total : 350 As on 31st March 2024: Men: 127 Woman: 183 Total: 310 (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. (c) Whether all softex has been Yes 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. (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 Yes. All the Softex Forms filed till 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. Yes. The 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 Yes goods procured by them during the monitoring period for the relevant period. If no, details thereof (l) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No (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. Unit has set-up only dry pantry without cooking facility. All the 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. 6.41 Crores as against projected export of Rs. 8.1 Crores for FY 2023-24 in 1st year of 2nd Block period i.e 79.13% The unit has achieved positive NFE of Rs.6.14 Crores in the 1st year of 2nd Block Period i.e 2023- 24 on cumulative basis. i.e. 95.75% As per SO report the unit has 310 employees (Men-127, Women-183) as on 31.03.2024 i.e. FY 2023-24. Approval Committee may Monitor the performance of the unit for 1st year of 2nd Block Period i.e. FY 2023-24, 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 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. V Synergize Outsourcing Pvt. Ltd, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune for 5th year of 2nd Block Period i.e. FY 2020-21 and 4 years of 3rd Block period i.e FY 2021-22 to FY 2024-25. b. Specific Issue on which decision of AC is required: - Monitoring of the performance of the unit for : 5th year of 2nd Block Period i.e. FY 2020-21 & 4 years of 3rd Block period i.e FY 2021-22 to FY 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: - Approved Projections for 2nd Block Period FY 2016-17 to FY 2020-21 (Rs. In Crores) 2016-17 2017-18 2018-19 2019-20 2020-21 TOTAL FOB Value of Exports 12.00 12.60 13.23 13.89 14.58 66.30 FE Outgo 0.24 0.35 0.52 0.65 0.70 2.46 NFE 11.76 12.25 12.71 13.24 13.88 63.84 Performance as compared to projections: FY 2020-21 (Rs. In Crores)

Projected Actual Projected Actual Actual 2020-21 14.58 20.00 0.00 0.00 1.00 0.00 0.00 Total 14.58 20.00 0.00 0.00 1.00 0.00 0.00 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 56.93 99.67% Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2021-22 19.96 47.14 0.00 0.00 0.00 0.00 0.00 2022-23 21.56 67.74 0.00 0.00 0.00 0.00 2023-24 24.14 31.97 0.00 0.00 0.00 0.00 2024-25 28.00 6.94 0.00 0.00 0.00 0.00 Total 93.66 153.79 0.00 0.00 0.00 0.00 0.00 Cumulative NFE achieved: FY 2020-21 (Rs. in Crores) Approved Projections for 3rd Block Period FY 2021-22 to FY 2025-26 (Rs. In Crores) 2021-22 2022-23 2023-24 2024-25 2025-26 TOTAL FOB Value of Exports 19.96 21.56 24.14 28.00 33.60 127.26 FE Outgo 0.01 0.01 0.01 0.02 0.02 0.07 NFE 19.95 21.55 24.13 27.98 33.58 127.19 Performance as compared to projections: FY 2021-22 to FY 2024-25 (Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 47.11 99.94% 2022-23 114.86 99.97% 2023-24 146.82 99.98% 2024-25 153.76 99.98% Cumulative NFE achieved: FY 2021-22 to FY 2024-25 (Rs. in Crores) Employment Achievement (Direct): as on 28.02.2025 Approved Achieved Men 212 20 Women 70 5 Total 282 25 Other Information: LOA No. & Date SEZ/PUNE/10E/2010-11 dated 24.08.2010 Location of Unit Ground Floor, North side, IT-6 Building, Qubix Business Park Pvt. Ltd.-SEZ, Rajiv Gandhi Infotech Park, Hinjawadi, Phase I, Pune 411057 Validity of LOA 08.05.2026 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 09.05.2011 Execution of BLUT 08.12.2022 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 15 years 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 28.02.2025 282 employees (Men-212, Women-70) 25 employees (Men-20, Women-5) Area allotted (in sq.ft.) 16258 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 650.32 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 has submitted a report vide letter dated 12.03.2025, in the prescribed format along with point-wise reply to the discrepancies as follows:- a. EXPORT From the year 2019-2020 to 2024-2025 (Rs.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 20.00 20.01 (-0.01) Exchange Rate Variation. 2021-2022 47.15 49.77 (-2.62) Exchange Rate Variation. 2022-2023 67.75 68.76 (-1.02) Exchange Rate Variation. 2023-2024 31.97 31.74 0.23 Exchange Rate Variation.

2024-2025 6.94 6.89 0.05 Exchange Rate Variation. b. Import i. (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2020-2021 to 2024-2025(Rs.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 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 2024-2025 0.00 0.00 0.00 NA ii. Raw Material From the year 2020-2021 to 2024-2025(Rs. 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 2024-2025 0.00 0.00 Nil NA (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 Rs. 0.38 Crore March 2016 Rs. 0.5 Crore Dec. 2022 Rs.0.9 Crore Total: Rs. 1.78 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. Rs. In Crore FY Goods (Imp. & Indi.) Services (Imp. & Indi.) 2020-2021 0.08 0.27 2021-2022 0.05 0.79 2022-2023 0.00 0.71 2023-2024 0.00 0.56 2024-2025 0.00 0.35 Total 0.13 2.67 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 470 Women: 240 Total : 710 As on 28 Feb 2025: Men: 20 Woman: 5 Total: 25 (b) Details of pending Foreign 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 28th Feb, 2025. (c) Whether all softex has been No Softex Forms has been pending for filing. 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. (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 till Feb, 2025 has 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) Rs. In Crore FY Amount in INR 2020-21 0.64 2021-22 0.26 2022-23 0.00 2023-24 0.00 2024-25 0.00 Total 0.90 (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. The DSPF filing is in process for monitoring period (k) Whether unit has filed all DTA procurement w.r.t. the Yes goods procured by them during the monitoring period for the relevant period. If no, details thereof (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 of DTA 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. Unit has not set-up cafeteria / canteen / food court facilities in their premises. (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. 20.00 Crores as against projected export of Rs.14.58 Crores i.e. 137.17 Crores in 5th Year of 2nd block period i.e. FY 2020-21 The unit has achieved positive cumulative NFE of Rs. 56.93 Croresi.e 99.67% in the 5th year of 2nd Block period. The unit has achieved export revenue of Rs. 153.80 Crores as against projected export of Rs.93.66 Crores i.e 164.20% in 4 Years of 3rd Block period i.e. FY 2021-22 to FY 2024-25 The unit has achieved positive cumulative NFE of Rs. 153.76 Crores i.e 99.98% in the 4th Year of 3rd Block period i.e. FY 2024-25 As per SO report the unit has 25 employees (Male: 20, Female: 05) as on 28.02.2025. 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: FY Amount in INR in Cr 2020-21 0.64 2021-22 0.26 Total 0.90 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 Unitfor 5th year of 2nd Block Period i.e. FY 2020-21 & 4 years of 3rd Block period i.e FY 2021-22 to FY 2024-25, 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 36.87 40.15 0.00 0.00 2.50 0.17 4.76 Total 36.87 40.15 0.00 0.00 2.50 0.17 4.76 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. Allygram Systems and Technologies Pvt. Ltd., an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune 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 of 2nd 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: - Approved Projections for 2nd Block Period FY 2023-24 to FY 2027-28 (Rs. In Crores)

2023-24 2024-25 2025-26 2026-27 2027-28 TOTAL FOB Value of Exports 36.87 35.70 35.70 35.70 35.70 179.67 FE Outgo 0.60 0.60 0.60 0.60 0.60 3.00 NFE 36.27 35.10 35.10 35.10 35.10 176.67

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

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 35.25 87.80%

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

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 120 103 Women 16 14 Total 136 117

Other Information: LOA No. & Date LOA No. SEEPZ/QBPPL- SEZ/TAL/61/2017-18 dated 08.11.2017 Location of Unit Office No. 4B, Ground Floor, Bldg. No. IT 8, Flagship Developers Pvt. Ltd., Qubix Business Park Pvt Ltd. SEZ, Plot No. 2, Blue Ridge Township, Near RGIP-Phase- I,Hinjewadi,Pune-411057 Validity of LOA 09.12.2028 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 10.12.2018 Execution of BLUT Rs. 12.55 Crores 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 31.03.2024 136 employees (Men-120, Women-16)

117 employees (Men-103, Women-14)

Area allotted (in sq.ft.) 16273 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 139.08 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 has submitted a report vide letter dated 13.03.2025, in the prescribed format along with point-wise reply to the discrepancies as follows:-

EXPORT
For the year 2022-2023 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 2023- 2024 40.15 42.26 (-2.11) Credit Note of (-0.35) Cr. raised and Exchange rate variation of (- 1.76) Cr. Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: For the year 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 2023-24 0.17 0.17 0.00 NA Raw Material From the year 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 2023-24 0.00 0.00 0.00 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/ASTPL/71/2018-19/328 dated 04.10.2018 Rs. 2.42 Crore F.No. SEEPZ-SEZ/QBPPL-SEZ/ ASTPL/71/2018-19/594 dated 03.08.2023 Rs. 0.51 Crore F.No. SEEPZ-SEZ/QBPPL-SEZ/ ASTPL/68/2018-19/1451 dated 12.02.2024 Rs.9.62 Crore Total: Rs.12.55 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.) 2023-2024 0.29 0.31 Total 0.29 0.31

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 120 Women: 16 Total : 136

As on 31st March 2024: Men: 103 Woman: 14 Total: 117 (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 obtain 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 Yes. All the Softex Forms filed till 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. Yes. The 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 Yes

goods procured by them during the monitoring period for the relevant period. If no, details thereof

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

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Tresvista Analytics LLP, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune for 5th year of 1st Block Period i.e. FY 2022-23 and 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 : 5th year of 1st Block Period i.e. FY 2022-23 & 1st year of 2nd 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: -

Approved Projections for 1st Block Period FY 2018-19 to FY 2022-23 (Rs. In Crores) 2018-19 2019-20 2020-21 2021-22 2022-23 TOTAL FOB Value of Exports 18.06 30.99 46.85 75.00 105.00 275.90 FE Outgo 2.38 2.15 1.20 3.25 3.86 12.84 NFE 15.68 28.84 45.65 71.75 101.14 263.06

Performance as compared to projections: FY 2022-23
(Rs. In Crores)

2022-23 105.00 115.36 0.00 0.00 9.48 0.90 0.00 Total 105.00 115.36 0.00 0.00 9.48 0.90 0.00 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 307.01 99.04% Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 138.44 132.01 0.00 0.00 15.90 0.00 1.79 Total 138.44 132.01 0.00 0.00 15.90 0.00 1.79

Cumulative NFE achieved: FY 2022-23
(Rs. in Crores)

Approved Projections for 2nd Block Period FY 2023-24 to FY 2027-28 (Rs. In Crores)

2023-24 2024-25 2025-26 2026-27 2027-28 TOTAL FOB Value of Exports 138.44 164.13 192.40 222.55 244.40 961.92 FE Outgo 20.20 25.60 24.90 33.45 32.65 136.80 NFE 118.24 138.53 167.50 189.10 211.75 825.12

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

Cumulative NFE achieved: FY 2023-24

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 129.23 97.89% (Rs. in Crores)

Employment Achievement (Direct): FY 2023-24

Approved Achieved Men 1350 509 Women 700 299 Total 2050 808

Other Information: LOA No. & Date LOA No. SEEPZ/QBPPL- SEZ/TAL/61/2017-18 dated 08.11.2017 Location of Unit 8th Floor, IT-8 Building, Qubix Business Park Pvt. Ltd.-SEZ, Plot No.02, Blue Ridge Township, Phase I, Hinjawadi, Pune 411057 Validity of LOA 01.04.2028 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 02.04.2018 Execution of BLUT 09.05.2023 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 9 years from 01.12.2017 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 2050 employees (Men-1350, Women-700)

808 employees (Men-509, Women-299)

Area allotted (in sq.ft.) 95339 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 117.99 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 has submitted a report vide letter dated 12.03.2025, in the prescribed format along with point-wise reply to the discrepancies as follows:-

EXPORT (Rs. In Crores) From the year 2022-2023 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 2022-23 115.36 116.95 (1.59) During the year, Unit has raised Credit Note amounting to Rs. (1.04) Crore. Balance difference of Rs. (0.55) Crore is due to Exchange Rate Variation. 2023-24 132.01 135.75 (3.74) During the year, Unit has raised Credit Note amounting to Rs. (3.58) Crore. Balance difference of Rs. (0.16) Crore is due to Exchange Rate Variation.

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

From the year 2022-2023 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 2022-23 0.89 0.89 0.00

2023-24 0.00 0.00 0.00 Unit have considered the cumulative amount in APR Raw Material From the year 2022-2023 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 2022-23 0.00 0.00 0.00 NA 2023-24 0.00 0.00 0.00 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/TAL/61/ 2017-18/VOL-II/189 dated 09.05.2023

Rs. 39.29 Crore

Total: Rs. 39.29 Crore

(a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 1350 Women: 700 Total : 2050

As on 31st March 2024: Men: 509 Woman: 299 Total: 808 (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.

Remittance beyond

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. Yes, In FY 2022-23 Unit have processed scrap the Battery of Rs. 0.03 Crore and Duty amount is 0.01 Crore. (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 have 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 Unit have filed all the DTA Procurement w.r.t. the goods procured by them during the monitoring period.

goods procured by them during the monitoring period for the relevant period. If no, details thereof

(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. Unit have set-up only dry pantry with no cooking facility. Also, all the capital goods lying at the dry pantry area was procured by them 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. 115.36 Crores as against projected export of Rs.105 Crores in 5th Year of 1st Block period i.e. FY 2022-23 The unit has achieved positive cumulative NFE of Rs. 307.01 Crores i.e 99.04% in the 5th year of 1st Block period. The unit has achieved export revenue of Rs. 132.01 Crores as against projected export of Rs.138.44 Crores in the 1st Year of 2nd Block period i.e. FY 2023-24 The unit has achieved positive cumulative NFE of Rs. 129.23 Crores i.e 97.89% in the 1st Year of 2nd Block period i.e. FY 2023-24 As per SO report the unit has 808 employees (Male: 509, Female: 299) as on 31.03.2024
Approval Committee may like to monitor the performance of the Unit for 5th year of 1st Block Period i.e. FY 2022-23 & 1st year of 2nd Block period i.e FY 2023-24, in terms of Rule 54 of SEZ Rules, 2006.

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s. Fortrea Scientific Private limited, an IT/ITES unit located in Qubix Business Park Pvt. Ltd.-SEZ, Pune for 5th year of 2nd Block Period i.e. FY 2020-21 and 3 years of 3rd Block period i.e FY 2021-22 & FY 2023-24. b. Specific Issue on which decision of AC is required: - Monitoring of the performance of the unit for : 5th year of 2nd Block Period i.e. FY 2020-21 & 3 years of 3rd Block period i.e FY 2021-22 & 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: - Approved Projections for 2nd Block Period FY 2017-18 to FY 2021-22 (Rs. In Crores) 2016-17 2017-18 2018-19 2019-20 2020-21 TOTAL FOB Value of Exports 51.00 56.10 61.71 67.88 71.27 307.96 FE Outgo 0.79 0.85 0.92 0.98 1.04 4.58 NFE 50.21 55.25 60.79 66.9 70.23 303.38 Performance as compared to projections: FY 2020-21 (Rs. In Crores)

Projected Actual Projected Actual Actual 2020-21 71.27 79.39 0.00 0.00 133.44 0.00 62.77 Total 71.27 79.39 0.00 0.00 133.44 0.00 62.77 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 348.96 98.12% Year Export F.E. OUTGO Projected Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2021-22 92.01 100.83 0.00 0.00 0.00 0.00 0.74 2022-23 105.81 106.19 0.00 0.00 0.00 2.66 2023-24 121.68 119.15 0.00 0.00 0.00 0.27 Total 319.50 326.17 0.00 0.00 0.00 0.00 3.67 Cumulative NFE achieved: FY 2020-21 (Rs. in Crores) Approved Projections for 3rd Block Period FY 2021-22 to FY 2025-26 (Rs. In Crores) 2021-22 2022-23 2023-24 2024-25 2025-26 TOTAL FOB Value of Exports 92.01 105.81 121.68 139.94 160.93 620.37 FE Outgo 0.76 0.87 0.92 0.96 1.01 4.52 NFE 91.25 104.94 120.76 138.98 159.92 615.85 Performance as compared to projections: FY 2021-22 to FY 2023-24 (Rs. In Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 99.87 99.04% 2022-23 203.27 98.19% 2023-24 322.04 98.73% Cumulative NFE achieved: FY 2021-22 to FY 2023-24 (Rs. in Crores) Employment Achievement (Direct): FY 2023-24 Approved Achieved Men 580 442 Women 650 389 Total 1230 831 Other Information: LOA No. & Date SEEPZ/FIPL-SIPL/10/2011-12 dated 04.03.2011 Location of Unit IT-6, 1st Floor, Qubix Business Park Pvt. Ltd.-SEZ, Survey No. 1546, Rajiv Gandhi Infotech Park, Hinjawadi, Phase I, Pune 411057 Validity of LOA 16.03.2026 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 17.03.2011 Execution of BLUT 17.03.2021 Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement November 2027 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 1230 employees (Men-580, Women-650) 831 employees (Men-442, Women-389) Area allotted (in sq.ft.) 29709 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 35.75 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 has submitted a report vide letter dated 12.03.2025, in the prescribed format along with point-wise reply to the discrepancies as follows:- a. EXPORT (Rs. In Crores) From the year 2020-2021 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 2020-21 79.39 73.75 5.64

1.3 (Exchange rate variation)
4.61 (Debit Note)

2021-22 100.83 94.31 6.52

0.94 (Exchange rate variation)
10.19 (Debit Note) (- 4.61) (Earlier period adjustment) 2022-23 106.19 121.97 (-15.78) (- 0.14) (Exchange rate variation) (- 5.45) (Credit Note) (- 10.19) (Earlier period adjustment) 2023-24 119.15 126.83 (-7.68)
1.09 (Exchange rate variation) (- 8.77) (Credit Note) (b) Import (i) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2020-2021 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 2020-21 0.00 0.00 0.00 NA 2021-22 0.00 0.00 0.00 NA 2022-23 1.16 1.16 0.00 NA 2023-24 0.00 0.00 0.00 NA ii. Raw Material From the year 2020-2021 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 2020-21 0.00 0.00 0.00 NA 2021-22 0.00 0.00 0.00 NA 2022-23 0.00 0.00 0.00 NA

2023-24 0.00 0.00 0.00 NA (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 Rs. 0.51 Crore (Original) 17.03.2021 Rs.23.92 Crore Total: Rs. 24.43 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.) 2020-2021 0.63 0.00 2021-2022 0.23 0.00 2022-2023 0.74 0.78 2023-2024 3.32 0.44 Total 4.92 1.22 (a) Employment made as on date (as on end of block period / year up to which monitoring is being done) Projected Employment Men : 580 Women:650 Total : 1230 As on 31st March 2024: Men: 442 Woman:389 Total: 831 (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. (c) Whether all softex has been Yes 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. (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 Yes. All the Softex Forms filed till 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. Yes. The Unit has cleared E-waste during FY 2023-24 value amounting to Rs.0.16 Crore and duty Rs.0.05 Crore

(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. The DSPF Form for the services procured during monitoring period is pending for filing and the Unit has requested to grant extension of six months for the same. (k) Whether unit has filed all DTA procurement w.r.t. the Yes goods procured by them during the monitoring period for the relevant period. If no, details thereof (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. Unit has not set-up cafeteria / canteen / food court in their premises. (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. 79.39 Crores as against projected export of Rs.71.27 Crores in 5th Year of 2nd block period i.e. FY 2020-21 The unit has achieved positive cumulative NFE of Rs. 348.96 Crores i.e 98.12% in the 5th year of 2nd Block period. The unit has achieved export revenue of Rs. 326.20 Crores as against projected export of Rs.319.50 Crores in the 3 Years of 3rd Block period i.e. FY 2021-22 to FY 2023-24 The unit has achieved positive cumulative NFE of Rs. 322.04 Crores in the 3rd Year of 3rd Block period i.e. FY 2023-24 As per SO report the unit has 831 employees (Male: 442, Female: 389) as on 31.03.2024 The Unit is required to revise the APRs to fill the correct NFE value for 2022-23 and 2023 24. Approval Committee may like to monitor the performance of the Unitfor 5th year of 2nd Block Period i.e. FY 2020-21 & 3 years of 3rd Block period i.e FY 2021-22 & FY 2023-24, 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 submitted by M/s. Fortrea Scientific Pvt. Ltd., IT/ITES Units for Merger of LOAs of their 2 existing units located at Qubix Business Park Private Limited – SEZ. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for merger of both the LOAs of M/s. Fortrea Scientific Pvt. Ltd.Units located at Qubix Business Park Private Limited – SEZ, in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per the 4th proviso of Rules 19 (2) of SEZ Rules, 2006; “Provided also that the Approval Committee may also approve proposal for merger of Letter of approvals of two units of the same company or firm subject to the conditions that these Units falls within the same Special Economic Zone and after merger, Block Period for calculation of Net Foreign Exchange shall be from the date of commencement of production of Unit which commenced operation first and the Income tax exemption period shall be considered from the date start of operation of the first Unit.”
d. Other Information: - Approved projections (Unit 1 & Unit 3) (Rs. In Cr.) Sr. No. Description Existing Approved Projections of Unit 1 Existing Approved Projections of Unit 3 Revised Projections Post-Merger

LOA No. SEZ1-SEEPZ/FIPL-SEZ/ SIPL/10/2011-12/3019 dt. 17.03.2011 SEEPZ/NSPL-SEZ/ STPL/ 77/ 2018-19 dt. 22.01.2019 SEZ1-SEEPZ/FIPL-SEZ/ SIPL/10/2011-12/3019 dt. 17.03.2011 1. Area (Built up area) Sq. ft 29709 Sq. Ft. 11315 Sq. Ft 41024 Sq. ft 2. Employment Men Women Men Women Men Women

580 650 117 141 697 791

1230 258 1488 3. Investment- Plant and Machinery

Indigenous Capital Goods 43.45 3.60 47.45

Imported Capital Goods 0.0 0.80 2.50 4. Input of Services

Indigenous Services 0 17.98 107.42

Imported Services 0 1.5 1.50

The LOA of unit 1 was renewed on 05.11.2021 for 3rd block period (i.e FY 2021-22 TO FY 2025-26) which will be considered for the purpose of calculation of Net Foreign Exchange, after the merger. Approved Projections: (Unit 1 - 3rd Block Period)
(Rs. In Crores)

2021-22

2022-23 2023-24 2024-25 2025-26 Total FOB Value of Exports 92.01 105.81 121.68 139.94 160.93 620.37 FE Outgo 0.76 0.87 0.92 0.96 1.01 4.52 NFE 91.25 104.94 120.76 138.98 159.92 615.85 Comparison of Projection and Achieved Export: (Unit 1 - 3rd Block Period) (Rs. In Crores)

Year EXPORT

Projected Actual 2021-22 92.01 100.83 2022-23 105.81 106.19 2023-24 121.68 119.15 Total 319.50 326.17

Approved Projections: (Unit 3 - 2nd Block Period) (Rs. In Crores)

2024-25 2025-26 2026-27 2027-28 2028-29 TOTAL FOB Value of Exports 34.93 36.47 38.07 39.76 41.53 190.77 FE Outgo 1.20 0.75 0.60 1.10 0.85 4.50 NFE 33.73 35.72 37.47 38.66 40.68 186.27 Comparison of Projection and Achieved Export: (Unit 3 - 1st Block Period) (Rs. In Crores) Year EXPORT

Projected Actual 2019-20 0.42 3.81 2020-21 25.20 18.43 2021-22 27.71 39.56 2022-23 31.01 34.27 2023-24 34.71 33.53 Total 119.05 129.60

POST MERGER - Proposed Projections: (Unit 1) (Rs. In Crores)

2021-22 (Actual) 2022-23 (Actual) 2023-24 (Actual) 2024-25 2025-26 Total FOB Value of Exports 92.01 105.81 121.68 174.87 197.40 691.77 FE Outgo 0.76 0.87 0.92 2.16 1.76 6.47 NFE 91.25 104.94 120.76 172.71 195.64 685.30

Other Information: - M/s Fortrea Scientific Pvt. Ltd. are having 2 units located at Qubix Business Park Pvt. Ltd. In terms of 4th proviso to Rule 19(2) units with two or more LOAs of the same company and falling within the same SEZ can merge their LOAs with the approval of the Approval Committee and after merger the block period for calculation of NFE shall be from the date of commencement of production of the Unit which commenced operation first. In view of the above M/s. Fortrea Scientific Pvt. Ltd., having 2 units located at Qubix Business Park Pvt. Ltd. have submitted their application for merger of both the units. Unit 1 was issued Letter of Approval No. SEZ1-SEEPZ/FIPL-SEZ/SIPL/10/2011-12/3019 dt. 17.03.2011. Their date of Commencement of Business is 17.03.2011. Hence, post-merger the operation of both the units viz Unit 1 and Unit 3 will not be operational and will be merged with Unit 1. The details of both the units are as detailed below : Unit LOA NO. and Date Date of Commence- ment LOA Valid upto Block Period Located at Area Sqft 1 SEZ1-SEEPZ/FIPL- SEZ/SIPL/10/2011-12/3019 dt. 17.03.2011 17.03.2011 16.03.2026 2nd 1st Floor, IT 6 and Ground Floor, IT 3(South- West Corner), S.No. 154/6 29709 Sq. Ft. 2 SEEPZ/NSPL- SEZ/STPL/77/2018-19 dt. 22.01.2019 30.09.2019 29.09.2029 1st Ground Floor, IT-03, 11315.02 Reason for Merger: The unit has intended to consolidate their operations under one unit instead of maintaining two separate units with separate books of accounts and records keeping, so that compliances, operations, administration, etc. can be handled effectively with the common team. Cost Optimization : Both units shall be merged, thereby reducing operational and maintenance cost. The administration would be more effective due to consolidation as only one support team can take care of all admin-related activities. Better control and monitoring : It would be easier for operational team members to work effectively as a single team rather than two separate teams sitting in two different units. This will help in faster and timely completion of projects. Working together : If they bifurcate teams at two different locations in two separate units, then it creates hindrance in terms of working together at one place which may result in the projects getting affected.

Documents Enclosed The unit has submitted the following documents: a. Form F3 filed through SEZ Online System b. Copy of Board resolutions authorized persona as authorized signatory c. Copy of all LOA of both the units d. Revised Foreign Exchange Balance Sheet e. Change of Name application submitted of Unit 1 & 2 f. Copy of all APR of Unit 1 & 2 g. List of imported and Indigenous capital goods

e. Recommendation: As Date of Commencement of Unit 1 is 17.03.2011, upon merger of both the LOAs of the unit, the block period of Unit-1 will be considered for calculating NFE of the merged units i.e., FY 2021-22 to FY 2025-26. The Projections of Exports, NFE and Employment after Post merger of both the is higher than the projections approved by the units prior to merger. The Approval Committee may kindly consider the proposal of the units for merger of their LOAs, in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006.

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