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

Agenda for Approval Committee for SEZ Pune Cluster scheduled on 21 March 2025. — 06-5-embassy

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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. EMBASSY PUNE TECHZONE 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: - Application for Additional List of services of M/s ConnectWise LLP Agenda Item No. 04: - Application for monitoring of performance of M/s Nice Interactive Solutions India Pvt Ltd Agenda Item No. 05: - Application for monitoring of performance of M/s LTIMindtree Ltd. Agenda Item No. 06: - Application for monitoring of performance of M/s Rockwell Automation India Pvt Ltd. Agenda Item No. 07 :- Application for Change in Name, Shareholding pattern and Board of Directors of the Company in respect of M/s Link Administration Services Pvt Ltd.

. नाम और पदनाम ( ी.)

वभाग 1 ी सतबीर शमा

व नद अधकारी सीज़-एसईज़ेड, पुणे #ल%टर

मेसस ए'बेसी पुणे टेकजोन *ाइवेट ,लमटेड-एसईजेड, पुणे के आईट./आईट.ईएस के ,लए से#टर व,श वशेष आ0थक 2े3 के ,लए 2े3ीय वकास आयु5 एसईईपीजेड-एसईजेड, मुंबई क7 अ8य2ता म9 21.02.2025 को आयो:जत अनुमोदन सम त क7 100 व; बैठक के कायवृ?�1 एसईजेड का नाम मेसस ए'बेसी पुणे टेकजोन *ाइवेट ,लमटेड- एसईजेड, पुणे 2 से#टर आईट./आईट.ईएस 3 बैठक सं@या 100व;
4 तारीख 21.02.2025 उपC%थत सद%य: . नाम और पदनाम (एस/ ी.)

वभाग 1 ीमती मतल हरेमठ संयु5 वकास आयु5 पुणे #ल%टर एसईजेड, पुणे 2 ीमती अचना परब, सहायक आयु5, आयकर वभाग आयकर वभाग से नामत 3. ी संजीव पाFटल, उGोग अधकारी महाराH सरकार से नामत 4. ी बालासाहेब कुकडे, उप-2े3ीय अधकारी महाराH *Iषण नयं3ण बोड से नामत 5. ीमती पुJपा गंगावणे, एफट.डीओ पुणे डीजीएफट. वभाग से नामत 6 ी धवल एस ,शकM , अधी2क सीमा शुNक वभाग पुणे नामत

वशेष आमं 3त सद%य एज9डा आइटम नंबर 01: 17.01.2025 को आयो:जत 99व; बैठक के कायवृ? क7 पु

वचार- वमश के बाद, सम त ने 17.01.2025 को आयो:जत 99व; अनुमोदन सम त क7 बैठक के कायवृ? क7 पु क7�एज9डा आइटम नंबर 02: Fदनांक 17.01.2025 को आयो:जत बैठक के संदभ मे क7 गयी कायवाई क7 Oरपोट � वचार- वमश के बाद, सम त ने 17.01.2025 को आयो:जत अनुमोदन सम त क7 99व; बैठक के संदभ मे क7 गयी कायवाई क7 Oरपोट को नोट कया� एडीसी ने सूचत कया है क ए'बेसी पुणे टेकजोन *ाइवेट ,लमटेड-एसईजेड म9 कोई भी एज9डा लं बत नह; है� एज9डा आइटम नंबर 03: मेसस QकRल सॉNयूशंस *ाइवेट ,लमटेड के *दशन क7 नगरानीI

वचार- वमश के बाद, सम त ने एसईजेड नयम, 2006 के नयम 54 के संदभ म9, पहले Tलॉक अवध के 2 वषU यानी व?ीय वष 2022-23 और 2023-24 के ,लए इकाई के *दशन को नोट कया� जैसा क नीचे बताया गया है:

इकाई ने *थम Tलॉक अवध के व?ीय वष 2022-23 and 2023-24 म9 337.14 करोड़ Wपये के अनुमा नत नयात के मुकाबले W. 497.01करोड़ का नयात राज%व हा,सल कया है�यू नट ने व? वष 2023-24 म9 598.11 करोड़ Wपये यानी 9 6.73% का सकाराYमक एनएफई हा,सल कया है�इकाई ने 1002 (पुWष-799, म हला-203) को रोजगार Fदया है�एज9डा आइटम नंबर 04: मेसस वो#सवैगन Zुप टे#नोलॉजी सॉNयूशंस इंडया *ाइवेट ,लमटेड के व?ीय अनुमान[ म9 संशोधन के ,लए आवेदन� वचार- वमश के बाद, सम त ने अनुमान[ म9 संशोधन के ,लए इकाई के *%ताव को मंजूरी दे द.�

Sr.No
2024-25 2025-26 2026-27 2027-28 2028-29 Total Total in USD in Thousands 1. FOB Value of exports 444.85 284.17 329.53 389.57 454.25 1902.37 2,17,141.86 2. FE Outgo 29.71 15.48 14.97 15.88 16.63 92.67 10,577.00 3. NFE 415.14 268.69 314.56 373.72 437.61 1809.72 2,06,564.86 सम त ने इकाई को अनुमान[ म9 वृ:\ के कारण खरीद. जाने वाली पूंजीगत व%तु] क7 सूची *%तुत करने का नदMश Fदया�%वीकृत संशोधत अनुमान:

तीसरे Tलॉक के ,लए संशोधत नवेश एवं रोजगार (2024-25 to 2028-29) (Rs. In Cr)

Capital Goods Approved projection Indigenous Plant and machinery 5.00 Imported Plant and Machinery 0.50 TOTAL 5.50 Indigenous Services 216.06 Imported Services 92.17 TOTAL 308.23 Employment Men 700 Women 300 Total 1000 एज9डा आइटम नंबर 05: मेसस ए'बेसी पुणे टेकजोन *ाइवेट ,लमटेड (डेवलपर) को एसईजेड पOरसर म9 कैफेटेOरया सु वधा %था पत करने के ,लए वेता को न^मत %थान प_े पर देने क7 मंजूरी के ,लए *%तुत आवेदन� वचार- वमश के बाद, सम त ने एसईजेड नयम, 2006 के नयम 11(5) के अनुसार, एसईजेड पOरसर म9 कैफेटेOरया सु वधा %था पत करने के ,लए वेता को न^मत %थान प_े पर देने के डेवलपर के *%ताव को मंजूरी दे द., :जसका ववरण नीचे Fदया गया है:

वेता का नाम %थान ग त वध 2े3. ( वग फुट) मैसस यशोदा फूसपहली मं:जल ए Qवग, Oरयो Zांडे, फूड कोट बCNडंग खाG एवं पेय पदाथ सेवा 165.00 मैसस यशोदा फूसपहली मं:जल ए Qवग, Oरयो Zांडे, फूड कोट बCNडंग खाG एवं पेय पदाथ सेवा 250.00 अनुमोदन मं3ालय और उGोग मं3ालय aारा जारी एसईजेड नयम, 2006 के नयम 11(5) म9 नधाOरत शतU के अधीन है�एज9डा आइटम नंबर 06: मेसस नटोर इbफोटेक *ाइवेट ,लमटेड - यू नट 1 aारा अ तOर5 सेवा] क7 cॉड बdeडग के साथ अनुमान[ म9 संशोधन के ,लए आवेदन� वचार- वमश के बाद, सम त ने सेवा] क7 cॉड बdeडग के साथ अनुमान[ म9 संशोधन के ,लए इकाई के *%ताव को मंजूरी दे द.�: %वीकृत संशोधत अनुमान:

2021-22 2022-23 2023-24 2024-25 2025-26 Total FOB value of Exports 32.53 35.07 28.51 37.77 49.61 183.49 FE Outgo 2.71 3.88 5.66 7.10 3.26 22.61

NFE Earnings 29.82 31.19 22.85 30.67 46.35 160.88

नवेश और रोजगार के %वीकृत अनुमान: (Rs. In Crores) Sr. No Item Total Approved Projection 1. Capital Goods i. Indigenous 1.29 ii. Imported 0.19

Total 1.48 2. Input of Services i. Indigenous Services 35.45 ii. Imported Services 22.42

Total 57.87 3. Employment 65 (Men – 46 Women – 19) %वीकृत अ तOर5 सेवाएँ :जनका ववरण नीचे Fदया गया है:

%वीकृत अ तOर5 सेवाएँ

Information Technology and Information Technology Enabled Services.
Information Technology Enabled Services I.e Human Resources services in the nature of recruitment services (SAC Code 998512 and CPC Code: 86504) एज9डा आइटम नंबर 07: मेसस नटोर इbफोटेक *ाइवेट ,लमटेड - यू नट 2 aारा अ तOर5 सेवा] क7 cॉड बdeडग के साथ अनुमान[ म9 संशोधन के ,लए आवेदन� वचार- वमश के बाद, सम त ने सेवा] क7 cॉड बdeडग के साथ अनुमान[ म9 संशोधन के ,लए इकाई के *%ताव को मंजूरी दे द.�: %वीकृत संशोधत अनुमान:

2021-22 2022-23 2023-24 2024-25 2025-26 Total FOB value of Exports 68.70 114.61 137.54 168.67 172.55 662.07 FE Outgo 9.72 22.96 9.66 5.02 6.03 53.39 NFE Earnings 58.99 91.65 127.87 163.65 166.52 608.68

नवेश और रोजगार के %वीकृत अनुमान: (Rs. In Crores) मांक व%तु

कुल %वीकृत अनुमान 1. Capital Goods i. Indigenous 6.18

ii. Imported 0.46

Total 6.64 2. Input of Services i. Indigenous Services 74.10 ii. Imported Services 52.93

Total 127.03 3. Employment 884 (Men – 578 Women – 306) %वीकृत अ तOर5 सेवाएँ :जनका ववरण नीचे Fदया गया है:

%वीकृत अ तOर5 सेवाएँ

Information Technology and Services.
Information Technology and Services I.e Support Centres such as business brockerage and intermediaries services ( SAC Code 998599, CPC Code: 83132)
Information Technology Enabled Services I.e Human Resources services in the nature of recruitment services (SAC Code 998512 and CPC Code: 86504)

Minutes of the 100th 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 M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ, Pune, held on 21.02.2025 Name of the SEZ M/s. Embassy Pune TechZone Pvt. Ltd.- SEZ Sector IT/ITES Meeting No. 100th Date 21.02.2025 Members present: Sr No. Name and Designation(S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Smt. Archana Parab, Asst. Commissioner, IT Nominee of Income Tax, Pune 3. Shri. Sanjeev Patil, Industries Officer Government of Maharashtra 4 Shri. Balasaheb Kukade, Sub Regional Officer Maharashtra Pollution Control Board 5 Smt. Pushpa Gangawane. FTDO Nominee of DGFT, Pune 6 Shri. Dhaval S Shirke, Superintendent Nominee of Customs, Pune

Sr. No. Name and Designation Department 1 Shri Satbir Sharma Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No.01: Confirmation of the Minutes of the 99th meeting held on 17.01.2025 After deliberation, the Committee confirmed the minutes of the 99thmeeting of Approval Committee held on 17.01.2025. Agenda Item No.02: Action taken report for the Minutes of the meeting held on 17.01.2025 After deliberation, the Committee noted the action taken report for the meeting held on 17.01.2025. ADC has informed that there are no pending agendas in r/o Embassy Pune TechZone Pvt. Ltd.-SEZ. Agenda Item No. 03: Monitoring of performance for M/s. Kyndryl Solutions Pvt Ltd. After deliberation, the committee noted the performance of the unit for 2 years of first block period i.e FY 2022-23 and 2023-24, in terms of Rule 54 of SEZ Rules, 2006. As detailed below: The unit has achieved Export of Rs 497.01 Cr. against the projected export of Rs. 337.14 Cr. in FY 2022-23 and 2023-24 of 1st Block period. The unit has achieved Positive NFE of Rs. 598.11Cr. i.e, 96.73% in FY. 2023-24 The unit has achieved employment of 1002 (Men- 799, Women- 203) Agenda Item No. 04: Application for Revision in Financial Projections of M/s Volkswagen Group Technology Solutions India Pvt Ltd. After deliberation, the Committee approved the proposal of M/s Volkswagen Group Technology Solutions India Pvt Ltd, in terms of Rule 19(2) of SEZ Rules, 2006 for Revision in Financial Projections. Committee directed the unit to submit the List of capital goods to be procured due to increase in projections. Approved Revised Projections are as detailed below :- Approved Revised Export Projections:
(Rs. in Cr) Revised Investment & Employment for 3 rd Block (2024-25 to 2028-29) (Rs. In Cr)

Capital Goods Approved projection Indigenous Plant and machinery 5.00 Imported Plant and Machinery 0.50

TOTAL 5.50 Indigenous Services 216.06 Imported Services 92.17 TOTAL 308.23 Employment Men 700 Women 300 Total 1000 Agenda Item No. 05: Application Submitted by M/s. Embassy Pune TechZone Private Limited (Developer) for approval to lease out the space to vendor for setting up Cafeteria in SEZ premises. After deliberation, the Committee approved the proposal of the Developer for leasing out built up space to vendor for setting up Cafeteria facility in SEZ premises., in terms of Rule 11(5) of SEZ Rules, 2006, as detailed below:

Name of the Entity Location Purpose of Use Area to be Leased(Sq Ft) M/s Yashoda Foods First floor A wing, RIO Grande,Food Court Building. Food and Beverages Service 165.00 M/s Yashoda Foods First floor A wing, RIO Grande,Food Court Building. Food and Beverages Service 250.00 Agenda Item No. 06 Application for approval of Broad Banding of Additional services with revision in projection by M/s. Nitor Infotech Pvt Ltd - Unit 1 After deliberation, the committee approved the proposal of the unit for Broad Banding of Additional services with revision in projection. Approved Revised Projections : (Rs. In Crores)

2021-22 2022-23 2023-24 2024-25 2025-26 Total FOB value of Exports 32.53 35.07 28.51 37.77 49.61 183.49 FE Outgo 2.71 3.88 5.66 7.10 3.26 22.61 NFE Earnings 29.82 31.19 22.85 30.67 46.35 160.88 Approved Projections of Investment and Employment: (Rs. In Crores) Sr. No Item Total Approved Projection 1. Capital Goods i. Indigenous 1.29 ii. Imported 0.19

Total 1.48 2. Input of Services i. Indigenous Services 35.45 ii. Imported Services 22.42

Total 57.87

Employment 65 (Men – 46 Women – 19) Approved additional services as detailed below:

Existing Approved Operations Proposed additional items for manufacturing activity

Information Technology and Services.
Information Technology and Services.
Information Technology Enabled Services I.e Human Resources services in the nature of recruitment services (SAC Code 998512 and CPC Code: 86504) Agenda Item No. 07: Application for approval of Broad Banding of Additional services with revision in projection by M/s. Nitor Infotech Pvt Ltd - Unit 2. After deliberation, the committee approved the proposal of the unit for Broad Banding of Additional services with revision in projection. Approved Revised Projections : (Rs. In Crores)

Sr. No Item Total Approved projections 1. Capital Goods i. Indigenous 6.18 ii. Imported 0.46

Total 6.64 2. Input of Services i. Indigenous Services 74.10 ii. Imported Services 52.93

Total 127.03 3. Employment 884 (Men – 578 Women – 306) Approved additional services as detailed below

Existing Approved Operations Proposed additional items for manufacturing activity

Information Technology and Services.
Information Technology and Services I.e Support Centres such as business brockerage and intermediaries services ( SAC Code 998599, CPC Code: 83132)
Information Technology and Services.
Information Technology and Services I.e Support Centres such as business brockerage and intermediaries services ( SAC Code 998599, CPC Code: 83132)
Information Technology Enabled Services I.e Human Resources services in the nature of recruitment services (SAC Code 998512 and CPC Code: 86504) अ8य2 को धbयवाद gापन के साथ बैठक समात hई�Meeting ended with a vote of thanks to the Chair.

(gानेiर बी. पाट.ल, आईएएस( (Dnyaneshwar B. Patil, IAS) अ8य2 एवं वकास आयु5 Chairman-cum- Development Commissioner

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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 The Committee confirmed the minutes of last approval committee meeting. Agenda Item No. 02 Application for Monitoring of Performace(M/s. Kyndryl Solutions Pvt Ltd ) Approval letter issued on 28-02- 2025 Agenda Item No. 03 Application for Broad – Banding of Items(M/s VolkswagenGroup Technology Solutions India Pvt Ltd) Approval letter issued on 28-02- 2025 Agenda Item No. 04 Application for setting up cafeteria(M/s. Embassy Pune TechZone Private Limited (Developer) ) Approval letter issued on 28-02- 2025 Agenda Item No. 05 Application for Broad – Banding of Items(Nitor Infotech Pvt Ltd - Unit 1) Approval letter issued on 28-02- 2025 Agenda Item No. 06 Application for Broad – Banding of Items(M/s. Nitor Infotech Pvt Ltd - Unit 2 ) Approval letter issued on 28-02- 2025

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. Connectwise LLP. located at Embassy TechZone Pvt. Ltd. -SEZ, for approval of additional service required for their authorized operations. b. Specific Issue on which decision of AC is required: -
Approval for additional service as detailed below (not covered under default list of services provided by MOC&I), in terms of Rule 10 of SEZ Rules, 2006 c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 10 of SEZ Rules, 2006 “The approval committee may permit Goods and Services to carry on the operations authorized under Rule 9”. d. Other Information: - Sr. No. Description of Services SAC Code Major head of services under GST Act Justification for the requirement of Services for Authorized operations. 1 Event Management Services 998596 9985- Support Services Service is required for Recruitment Drives and Office meetings. 2 Foreign Exchange Service Purchase/Exchange for Employee for foreign Travel 997157 9971- Financial Services Service is required for Employees Travelling onsite for client’s project meetings. 3 Machinery/Equipment rental 997321 9973- Leasing or rental services with or without operator. Service is required for training and gathering of employees and mock up drill for employees. 4 Gardening Services 998619 9986- Support services to Agriculture Service is required for maintaining the live plants and other gardening services within office premises to maintain air quality. Other Information: Formal LOA No. SEEPZ/PEPPL-SEZ/CMSPL/22/2017-18/10644 Dated 02.06.2017 Location: block 1.5(Rhnie), 5th Floor, Wing-A Embasy Tech Zone, RGIP, Phase-II, Hinjawadi, Pune-411057. DCP: 01.08.2017 LOA Valid upto: 31.07.2027 e. Recommendation:

UAC may like to consider the request of the Unit for approval of additional Services under SAC Code 998596, 997157, 997321 and 998619 in terms of Rule 10 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. Nice Interactive Solutions India Pvt Ltd an IT/ITES unit located at Embassy Pune Tech Zone Private Limited- SEZ, Hinjewadi, for FY 2019-20, i.e 5th year of first block period and FY 2020-21 to 2023-24, i.e 04 years of 2nd Block period. b. Specific Issue on which decision of AC is required: -
Specific Issue on which decision of Approval Committee is required: Monitoring of the performance of the unit for two block periods i.e i. 5th year of 1st block period i.e. FY 2019-20 and ii. 4 years of 2nd block Period i.e FY 2020-21 to FY 2023-24 in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules”.

d. Other Information: - Performance as compared to projections for 1st Block period FY 2015-16 to FY 2019-20 Approved Projections: (Rs. In Cr.)

2015-16 2016-17 2017-18 2018-19 2019-20 Total FOB value of export 47.13 102.06 167.56 234.78 300.00 851.53 FE outgo 11.96 8.75 2.83 0.00 22.96 46.50 NFE 35.17 93.31 164.74 234.78 277.04 805.04 Performance as compared to projections: FY 2019-20 (Rs. In Cr.) Year Export F.E. OUTGO

Projected

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

2019-20 300.00 281.70 0.00 0.00 46.50 0.00 3.77 Total 300.00 281.70 0.00 0.00 46.50 0.00 3.77

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 822.96 98.77% Performance as compared to projections for 2nd Block period FY 2020-21 to FY 2024-25 Approved Projections: (Rs. In Cr.)

2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB value of export 284.51 287.36 290.23 290.23 290.23 1442.56 FE outgo 16.00 7.50 6.50 2.50 2.50 35.00 NFE 268.51 279.86 283.73 287.73 287.73 1407.56 Performance as compared to projections: FY 2020-21 to 2023-24
(Rs. In Cr.) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2020-21 284.51 358.92 0.00 0.00 30.00 0.00 1.03 2021-22 287.36 455.82

0.00 0.73 2022-23 290.23 685.18

0.00 0.13 2023-24 290.23 764.80

0.11 9.14 Total 1152.33 2264.72 0.00 0.00 30.00 0.11 11.03

Cumulative NFE achieved:(Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 356.30 99.27% 2021-22 809.80 99.39% 2022-23 1493.26 99.56% 2023-24 2247.31 99.23% Employment:

Projected Employment Achieved Employment as on 31.03.2024 Men 1078 1731 Women 322 597 Total 1400 2328

Other Information:

LOA No. & Date SEEPZ-SEZ/PEPPL- SEZ/NISIPL/17/2014-15/5245 Location of Unit 2nd and 4th Floor, Wing A, 2nd,3rd floor, Wing A & B, Block Rhine, Embassy Tech Zone , Embassy Office Park Pvt Ltd, SEZ, RGIP, Phase II, Hinjewadi, Pune 411057. Validity of LOA 30.06.2025 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.07.2015 Execution of BLUT 135.79 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement NA Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Projected employment for the block period

No. of employees as on 31.03.2024 1400(Men-1078, Women-322)

2328 (Men- 1731, Women- 597) Area allotted (in sq.ft.) NA Area available for each employee per sq.ft. basis (area / no. of employees) NA Investment till date

Building NA Plant & Machinery 139.94 cr Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

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

The Specified Officer report vide letter dated 13.03.2025 has reported as detailed below: Export: (Rs. In Crores)

Details of year-wise export as per the prescribed format: From the year 2019-2020 to 2023-2024 (Rs. In Crore) Year/ Period Figures reported in APR (FOB Value) Figures as per Softex / Customs Records Difference, if any Reason for Difference / Remarks 2019-2020 281.70 280.14 1.55 Exchange rate variation Rs. 1.55 Total Rs. 1.55

2020-2021 358.92 355.62 3.30 Exchange rate variation Rs. 3.30 Total Rs. 3.30

2021-2022 455.82 452.61 3.21

Exchange rate variation Rs. 3.21 Total Rs. 3.21

2022-2023 685.18 682.84 2.33 Exchange rate variation Rs. 2.33 Total Rs. 2.33

2023-2024 764.80 758.65 6.14 Exchange rate variation Rs. 6.14 Total Rs. 6.14

Import

(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis: From the year 2019-2020 to 2023-2024

(Rs. In Crore) 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

Cumulative Import Figures 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 0.11 0.11 0.00

Raw Material From the year 2019-2020 to 2023-2024 Year/ Period Figures as per APR Figures as per SEZ Online / Customs Records Difference, if any Reason for Difference / Remarks 2019-20 To 2022-23 0.00 0.00 Nil NA

BLUT: 1 Value of BLUT Executed (Duty foregone) (including for CG / Raw Material / Services)

TOTAL Duty value of BLUT Executed in Crore:

(Rs. In Crores) Date of Acceptance BLUT Amount 04.09.2014 5.00 24.10.2017 26.11 27.05.2019 31.93 14.08.2020 72.75 Total 135.79

Total Duty Foregone on goods & services procured Category Wise:

Year Wise : (Rs. In Crore) FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 19- 20

63.04

1.48

3.20

58.36 20- 21

131.11

1.00

2.93

127.17 21-22
127.17

1.05

3.57

122.55 22-23
122.55

2.92

3.96

115.67 23-24
115.67

1.73

3.75

110.19

Total

8.19

17.41

(d) Employment made as on date (31.03.2024) (as on end of block period / year up to which monitoring is being done) FY Male Female Total Projection 1309 391 1700 Actual 2019-20 973 286 1259 2020-21 1104 338 1442 2021-22 1421 433 1854 2022-23 1685 548 2233 2023-24

1731 597 2328 Total No Employment :2328 nos. The same has been verified from Online MPR. (e) 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 as on 31.03.2024

(f) Whether all softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Yes (g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. All Softex have been certified till 31- 03-2024. (h) Whether unit has filed any request for Cancellation of Softex No (i) Whether any Services provided in DTA / SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided) No (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online.

NA (k) Has the unit cleared any Capital Goods procured duty free in DTA against payment of Duty, or otherwise?

Full details to be provided along with value of assets and duty discharged Yes. FY A.V. Duty Payable 2022-23 0.03 0.01 2023-24 0.22 0.07 Cleared as E-waste (l) Is the unit sharing any of their infrastructure with other units or are utilizing infrastructure of another unit in the same or other SEZ? If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms

If approval for sharing of common infrastructure has been obtained from UAC / DC office, the date of UAC / Approval letter to be indicated No (m) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office.

Yes (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period. If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No Request ID is pending for OOC.

(p) Has the unit set up any cafeteria / canteen / food court in unit premises? If yes, whether permission from UAC / DC office has been issued, or otherwise office has been issued, or otherwise Whether unit has availed any duty paid goods / services for setting up such facility? If yes, whether unit has discharged such duty / tax benefit availed? details to be given including amount of duty / tax recovered or yet to be recovered The Unit does not have Cafeteria/ Canteen/Food Court facility. However they have Dry Pantry, with no cooking facility. The SEZ unit has taken permission for the same from Unit Approval Committee (UAC), vide letter No. F.No. SEEPZ/NISIPL/17/2014-15/VOL- III/775 dated 26.08.2021. (q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring NA e. Recommendation: The unit has achieved export revenue of Rs. 281.70 Cr. against the projected export of Rs 300.00 Cr. i.e., 93.90% during 5th year of 1st Block period i.e FY 2019-20. The unit has achieved positive NFE of Rs. 822.96Cr. i.e., 98.77% in FY 2019-20 on cumulative basis.

The unit has achieved export revenue of Rs.2264.72 cr. against the projected export of Rs 1152.33.Cr. i.e., 196.53 % on cumulative basis during 4 years of 2nd Block period i.e FY 2020-21 to 2023-24. The unit has achieved positive NFE of Rs. 2247.31 Cr. i.e., 99.23% in FY 2023-24 on cumulative basis. The unit has achieved employment of 2328 (Men-1731, Women-597) Approval committee may kindly monitor the performance of the Unit for 5th year of 1st block period i.e. FY 2019-20 and 4 years of 2nd Block Period i.e FY 2020-21 to 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 : Monitoring of the performance of M/s. LTIMindtree Ltd an IT/ITES unit located at Embassy Pune Tech Zone, RGIP Hinjewadi, Phase II, Pune 411057 for the FY 2023-24 i.e.5th year of 1st Block period. (2019- 20 to 2023-24) b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for FY 2023-24 i.e 5th year of 1st Block period (2019-20 to 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: - Original Approved Projections: (1st block Period) (Rs. In Cr.)

2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB value of export 0.46 28.73 76.61 124.49 172.36 402.65 FE outgo 0.91 2.86 7.37 14.38 17.03 42.55 NFE -(0.45) 25.87 69.23 110.11 155.34 360.11 Performance as compared to projections: FY 2019-20 to 2023-24
(Rs. In Cr.) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2023-24 172.36 26.83 0.00 0.00 6.32 0.73 0.46 Total 172.36 26.83

0.73 0.46

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 194.40 96.51 Employment: (As per APR)

Projected Employment Achieved Employment (as on 31.03.2024) Men 550 119 Women 350 56 Total 900 175 Reason for Less Export and Employment: The unit stated that reason for less export achieved as compared to approved projection is that they were expecting certain big contracts during the year of projections given, but later the contracts were not turned up and there was a short fall in Export/Manpower. Other Information: LOA No. & Date SEEPZ-SEZ/EOPPL-SEZ/L&T/29/2019- 20/2000 dated 30.08.2019 Location of Unit 4th and 5th Floor, Nile Building, Embassy Pune TechZone Pvt Ltd- SEZ, Plot no 3A, Hinjewadi,RGIP, Phase II, Pune 411057. Validity of LOA 19.01.2030 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 20.01.2020 Execution of BLUT Rs.68.63 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 29.08.2029 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Projected employment for the block period No. of employees as on 31.03.2024 900 (Men-550, Women-350)

175 (Men-119, Women-56) Area allotted (in sq.ft.) 85,400 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 488 Sq. Ft. Investment till date

Building NA Plant & Machinery 21.61 Crore Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA

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

If no, details of the Year along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 06.12.2024 has reported as detailed below: EXPORT (Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 26.83 67.73 -40.90

Difference on account of Exchange Rate Rs.0.57 Credit Note issued -40.74 Onsite Services -0.73 Total Rs.-40.90

IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.)(Rs. In Crores) Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2023-24 1.50 0.93 0.57 The Unit has Shown Cumulative Figures in APR 2023-24: 1.50 Cr. Is the cumulative net CIF Value after amortization from 19-20 to 2023-24 Import figure value is Rs.0.93 Crore during 2023-24.

Raw Material (Rs. In Crores) Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any Reason for Difference/Remark

(1) (2) (3) (4) (5) 2023-24 0.00 0.00 0.00

BLUT (Amount in ‘Crores’) 1

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

Date of Acceptance BLUT Amount 11.09.2019 68.63 Total 68.63

2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 23-24 61.93 0.41 1.62 59.90 Total

0.41 1.62

(d) Employment made as on date (31.03.2024) (as on end of block period/ year up to which monitoring is being done)

FY Male Female Total Projection 800 700 1500 ACTUAL 23-24 119 56 175 Men : 119 Women : 56 Total No Employment :175 nos. (as per Manpower Data/Roster) (In June-2024= Male-1177 nos. Female-488 nos. Total- 1665 nos.)

(e) 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 as on 31.03.2024

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

(g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. All Softex certified. (h) Whether unit has filed any request for Cancellation of softex No (i) Whether any Services provided in DTA/SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided)

No (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. N.A. (k) Has the unit cleared any Capital Goods procured duty free in DTA against Payment of Duty, or otherwise? Full details to be provided along with value of assets and duty discharged FY Assessable Value Duty paid 23-24

0.032

0.010 Cleared as E-waste (l) Is the unit sharing any of their infrastructure with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC/DC office, the date of UAC/ Approval letter to be indicated No

(m) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. All DSPF approved. (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period: If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report NIL (p) Has the unit set up any cafeteria/ canteen/ food court in unit premises. If yes, whether permission from UAC/DC office has been issued, or otherwise. Whether unit has availed any duty paid goods/services for setting up such facility? If yes, whether unit has discharged such duty/ tax benefit availed? details to be given including amount of duty/ tax recovered or yet to be recovered Yes, The SEZ Unit have a Cafeteria in Unit and for the same UAC approval obtained vide F.No.SEEPZ- SEZ/L&T/29/2019-20/304 dated 30.03.2021, without live/active cooking facility and supply food. (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. NA

e. Recommendation: The unit in 5th year i.e., FY 2023-24 of 1st block period has achieved export revenue of Rs. 26.83 Cr. against the projected export of Rs.172.36 Cr. i.e., 15.57% of the projected export. The unit has achieved positive NFE of Rs. 194.40 Cr. i.e., 96.51% in FY 2023-24 on cumulative basis for the Block period 2019-2020 to 2023-2024. The unit has achieved employment of 175 (Men-119, Women-56) Approval committee may kindly monitor the performance of the Unit for 5th year of i.e 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 : Monitoring of the performance of M/s Rockwell Automation India Pvt Ltd an IT/ITES unit located at Embassy Pune Tech Zone Private Limited- SEZ, Hinjewadi, for FY 2019-20, i.e 5th year of first block period and FY 2020-21 to 2023-24, i.e 04 years of 2nd Block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for two block periods i.e i. 5th year of 1st block period i.e. FY 2019-20 and ii. 4 years of 2nd block Period i.e FY 2020-21 to FY 2023-24 in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules”. d. Other Information: - Performance as compared to projections for 1st Block period FY 2015-16 to FY 2019-20 Approved Projections: (Rs. In Cr.)

2015-16 2016-17 2017-18 2018-19 2019-20 Total FOB value of export 91.89 131.36 155.72 174.35 179.55 732.87 FE outgo 12.13 4.33 4.18 3.84 3.28 27.76 NFE 79.76 127.03 151.54 170.50 176.27 705.10 Performance as compared to projections: FY 2019-20 (Rs. In Cr.) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2019-20 179.55 46.11 0.00 0.00 23.89 0.40 0.00 Total 179.55 46.11 0.00 0.00 23.89 0.40 0.00

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2019-20 171.33 97.98% Performance as compared to projections for 2nd Block period FY 2020-21 to FY 2024-25 Approved Projections: (Rs. In Cr.)

2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB value of export 39.56 131.36 197.55 229.56 246.48 844.51 FE outgo 3.49 11.47 8.50 7.66 6.85 37.97 NFE 36.07 119.89 189.05 221.90 239.63 806.54 Performance as compared to projections: FY 2020-21 to 2023-24 (Rs. In Cr.)
Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2020-21 39.56 39.53 0.00 0.00 34.10 3.14 0.00 2021-22 131.36 101.85

1.04 0.00 2022-23 197.55 181.77

2.33 0.00 2023-24 229.56 357.98

1.63 0.00 Total 598.03 681.13 0.00 0.00 34.10 8.14 0.00

Cumulative NFE achieved:(Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 38.44 97.23% 2021-22 139.08 98.38% 2022-23 319.42 98.85% 2023-24 675.80 99.22% Employment:

Projected Employment Achieved Employment Men 652 614 Women 228 229 Total 880 843 Other Information: LOA No. & Date SEEPZ-SEZ/PEPPL-SEZ/RAIPL/14/2014- 15/15010 DATED 18.12.2014

Location of Unit Ground floor,1st floor,and 4th Floor of Wing A, G Floor,& 4th floor of Wing B,Block Mississippi, Embassy Tech Zone , Embassy Office Park Pvt Ltd, SEZ, RGIP, Phase II, Hinjewadi, Pune 411057. Validity of LOA 30.04.2025 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.05.2015 Execution of BLUT 41.50 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 31.07.2030 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Projected employment for the block period

No. of employees as on 31.03.2024 880(Men-652, Women-228)

843 (Men- 614, Women- 229) Area allotted (in sq.ft.) 1,12,606 Sq. Ft. Area available for each employee per sq.ft. basis (area / no. of employees) 133.5 Sq Ft Investment till date

Building NA Plant & Machinery 33.49 cr Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise.

If no, details of the Year along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 17.03.2025 has reported as detailed below:
EXPORT(Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5)

2019-20 46.11 50.53 -4.42

Credit Note -4.37 On account of Exchange Rate -0.08 Negative Value for Japan & Peru 0.03 Total -4.42

2020-21 39.53 41.56 -2.03

Credit Note -1.93 On account of Exchange Rate -0.10 Total -2.03

2021-22 101.85 102.31 -0.46 Credit Note -0.22 On account of Exchange Rate -.024 Total -0.46

2022-23 181.77 184.51 -2.74 Credit Note -2.57 On account of Exchange Rate -0.17 Total 2.74

2023-24 357.98 365.71 -7.73 Credit Note -10.72 On account of Exchange Rate 2.99 Total -7.73

IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.)(Rs. In Crores) Year/Period Figures reported in APR (CIF Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2019-20 0.40 0.40 0.00 The Unit has shown Cumulative Import Figure in the APR NA 2020-21 3.14 3.14 0.00 2021-22 1.04 1.04 0.00 2022-23 2.33 2.33 0.00 2023-24 1.61 1.61 0.00

Raw Material (Rs. In Crores)

Year/Period Figures reported in APR (FOB Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2019-20 To 2023-24 0.00 0.00 0.00

BLUT (Amount Rs. in ‘Crores’) 1

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

Date of Acceptance BLUT Amount 28.01.2015 7.64 21.11.2019 0.88 30.09.2020 27.99 24.12.2021 4.99 Total 41.50

2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 19-20 5.74 0.78 0.81 4.15 20-21 32.14 2.46 1.98 27.70 21-22 32.69 1.08 1.69 29.92 22-23 29.92 1.55 0.72 27.65 23-24 27.65 1.19 0.38 26.08 Total

7.06 5.58

(d) Employment made as on date (31.03.2024) (as on end of block period/ year up to which monitoring is being done)

FY Male Female Total Projection 365 119 475 ACTUAL 19-20 276 55 331 20-21 365 89 454 21-22 453 141 594 22-23 502 188 690 23-24 614 229 843

Total No Employment : 843 nos. The same has been verified from their Online MPR.

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

(g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. All Softex have been certified till 31.03.2024 (h) Whether unit has filed any request for Cancellation of softex No (i) Whether any Services provided in DTA/SEZ/EOU/STPI etc. against payment in INR in r/o IT/ITES Unit during the period. If yes, details thereof (year wise details to be provided)

No (j) SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ Online. NA (k) Has the unit cleared any Capital Goods procured duty free in DTA against Payment of Duty, or otherwise? Full details to be provided along with value of assets and duty discharged No (l) Is the unit sharing any of their 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

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 Cafeteria/Canteen/Food Court facility. However they have Dry Pantry, with no cooking facility. (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. NA e. Recommendation: The unit has achieved export revenue of Rs. 46.11 Cr. against the projected export of Rs 179.55 Cr. i.e., 25.68% during 5th year of 1st Block period i.e FY 2019-20. The unit has achieved positive NFE of Rs. 171.33 Cr. i.e., 97.98% in FY 2019-20 on cumulative basis.

The unit has achieved export revenue of Rs.681.13 cr. against the projected export of Rs 598.03.Cr. i.e., 113.90 % on cumulative basis during 4 years of 2nd Block period i.e FY 2020-21 to 2023-24. The unit has achieved positive NFE of Rs. 675.80 Cr. i.e., 99.22% in FY 2023-24 on cumulative basis. The unit has achieved employment of 843 (Men-614, Women-229) Approval committee may kindly monitor the performance of the Unit for

5th year of 1st block period i.e. FY 2019-20 and 4 years of 2nd Block Period i.e FY 2020-21 to 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 dated 06.03.2025 by M/s Link Administration Services Pvt Ltd, IT/ITES unit located in Embassy Pune TechZone Pvt Ltd.-SEZ, for Change in Name of the Company, Change in Shareholding pattern of the Company and Change in Board Of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for Change in Name, Shareholding pattern of the Company and Change in Board Of Directors, in terms of Instruction No. 109 dated 18.10.2021, as detailed below: c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per para (i) of Instruction no. 109, dated 18.10.2021, “Reorganization including change of name, Change of Shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution, Change of Directors, etc. may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer/Co-developer/ Unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the Developer/Co-Developer/Unit shall remain unchanged on such reorganization.” … d. Other Information: - The details of the proposal are as under: (i) Change in name : Name of the unit Before Change Name of the Unit after Change M/s Link Administration Services Pvt Ltd. M/s.MUFG Pension & Market Services India Private Limited. Reason for change in name of the Company: The unit has submitted that, MUFG stands for Mitsubishi UFJ Financial Group , Inc, a Company incorporated under the laws of Japan that acquired LINK group through its subsidiary Mitsubishi UFJ Trust and Banking Corporation( MUTB) on 16.05.2024. Post acquisition, the entire Link Group is now known as MUFG Pension and Market Services Holdings Ltd. Further, Pursuant to the above acquisition and to align the name of Link Administration Services Private Limited with that of the ultimate Parent entity and the group Companies therein, the name of Link Administration Services Private Limited has been changed to MUFG Pension & Market Services India Private Limited. The new certificate of incorporation consequent upon conversion of MUFG Pension & Market Services India Private Limited has been issued by the Registrar of Companies vide dated 20.12.2024. (ii) Change in Board Of Directors List of Existing Board Of Directors

Name of Director Designation Date of Appointment Rishi Dhuper Director 11/02/2020 Kishor Purushottam Thakkar Director 02/08/2024 Tracy Suzanne Pereira Director 30/08/2024 List of Proposed Board Of Directors Name of Director Designation Date of Appointment Rishi Dhuper Director 11/02/2020 Kishor Purushottam Thakkar Director 02/08/2024 Tracy Suzanne Pereira Director 30/08/2024 Atsushi Yoshinari Additional Director 10/01/2025 Reason for Change in Board Of Directors: The unit has submitted that, due to Appointment of Additional Director, there is change in Board of Directors. (iii) Change in Shareholding Pattern: Shareholding Pattern before Change in Name of the Company: Sr. No. Name of the Shareholders No.Of. Shares % of Shareholding 1. Link Administration Pvt Ltd 2,58,07,419 99.99% 2. Link Market Services Group Pvt Ltd 2,581 0.01% Total 2,58,10,000 100.00 Proposed Shareholding Pattern after transfer of Shares: Sr. No. Name of the Shareholders No.Of. Shares % of Shareholding 1 MUFG PMS Hold Co Pvt Ltd ( Formerly known as Link Administration Pvt Ltd) 2,58,07,419 99.99% 2 MUFG CM Services Group Pvt Ltd ( Formerly known as Link Market Services Group Pvt Ltd) 2,581 0.01% Total 2,58,10,000 100.00 Reason for Change in Shareholding Pattern: The unit has stated that there is a change in Shareholding pattern due to transfer of Shares. Relevant provisions: - As per para (i) of Instruction no. 109, dated 18.10.2021, “Reorganization including change of name, Change of Shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution, Change of Directors, etc.

may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer/Co-developer/ Unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the Developer/Co-Developer/Unit shall remain unchanged on such reorganization.” … Reason for Delay in Submission of Application: The unit has informed that intimation about Change in name of the Company, Shareholding pattern and Board of Directors was inadvertently missed by them. Also the unit has requested to condone the delay in submission of intimation of Change in Name and Change in Directors. Other Information: - M/s Link Administration Services Pvt Ltd is granted LOA No. SEEPZ/EPTPL-SEZ/LASPL/31/2021- 22/598 dated 06.07.2021 located 8th Floor, A Wing, Congo Building, Embassy Pune TechZone Private Limited- SEZ, RGIP, Phase II, Hinjewadi, Pune 411057. DCP: 01.03.2022 LOA valid till: 28.02.2027 The new certificate of incorporation consequent upon conversion of M/s Link Administration Services Pvt Ltd has been issued by the Registrar of Companies vide dated 20.12.2024. The Unit has submitted following documents: Copy of Original Letter of Approval A Copy of Board resolution for appointment of directors Copy of Form No. DIR-12 for Appointment of Director with ROC along with its challan CA Certified Shareholding pattern before and after change in name of the Company Copy of List of Directors before and after change in composition of Board of Directors Copy of undertaking in term of Instruction No. 109 Copy of Certificate Of Incorporation after Change of Name. Copy of the PAN Card with New name of the Entity. Copy of Altered MOA and AOA. Copy of Special Resolution passed for Change of Name.

e. Recommendation: Approval Committee may consider the proposal of the unit and may kindly condone the delay for intimating Change in name of the Company, Shareholding pattern and Board of Directors of the Entity in terms of Instruction no. 109 issued by MOC&I.

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