Agenda for Approval Committee meeting for SEZ Pune Cluster scheduled on 30 June 2025 at 11.30 AM — 01-10-syntel

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. SYNTEL INTERNATIONAL PVT. LTD. SEZ PUNE.

DATE : 30.06.2025

TIME : 11.30 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 30.06.2025.

INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 09.05.2025 Agenda Item No. 02: - Action taken report for the Minutes of the meeting held on 09.05.2025 Agenda Item No. 03: - Application for approval of change in Board of Director of M/s. Syntel International Pvt Ltd (Developer) and 5 IT/ITES units M/s. Syntel Private Limited.
Agenda Item No. 04: - Application for approval of change in Designated Partners of M/s. Syntel Software LLP Agenda Item No. 05: - Application for approval of change in Board of Director of M/s. Syntel Solutions India Pvt Ltd

---

मेसस सटेल इंटरनेशनल ा. लिमटेड- एसईजेड के आईटी-आईटीईएस सेटर के िवश िवशेष आथक े के लए े ीय िवकास आयु# सी$ज़-एसईजेड, मुंबई क' अ)यता म+ 09.05.2025 को आयो-जत अनुमोदन सिम/त क' 55 व0 बैठक का िववरण। 1 सेज़ का नाम मेसस सटेल इंटरनेशनल ा. लिमटेड- एसईजेड 2 सेटर आईटी/आईटीईएस 3 बैठक 5 55 व0 4 तारीख 09.05.2025 उप9:थत सद:य 5. नाम और पदनाम (एस/<ी.)
िवभाग 1 <ीमती िमतल िहरेमठ संयु# िवकास आयु# पुणे @:टर एसईजेड, पुणे 2 <ी. िदनेश होनमाने उप आयु#, आयकर िवभाग आयकर िवभाग से नािमत 3 <ी संजीव पािटल, उAोग अ/धकारी महाराC सरकार से नािमत 4 <ी. मंचक जाधव, उप-े ीय अ/धकारी महाराC दूषण िनयं ण बोड से नािमत 5 <ीमती पुFपा गंगावणे, एफटीडीओ पुणे डीजीएफटी िवभाग से नािमत 6 <ी धवल एस शकI , अधीक सीमा शुJक िवभाग पुणे नािमत िवशेष आमंि त 5मांक न नाम और पदनाम (एस/<ी.) िवभाग 1 <ी सतबीर शमा, िविनKद अ/धकारी सी$ज़-एसईज़ेड, पुणे @:टर एज+डा िवषय 5 01 : िद 21.03.2025 को आयो-जत 54 व0 बैठक के कायवृM क' पुि । िवचार-िवमश के बाद, सिम/त ने 21.03.2025 को आयो-जत 54 व0 अनुमोदन सिम/त क' बैठक के कायवृM क' पुि क'। एज+डा िवषय 5 02: 21.03.2025 को आयो-जत 54 व0 बैठक के कायवृM के लए क' गई कारवाई Nरपोट । िवचार-िवमश के बाद, सिम/त ने 21.03.2025 को आयो-जत बैठक के लए क' गई कारवाई Nरपोट नोट क' है। एडीसी ने सू/चत िकया है िक सटेल इंटरनेशनल ा. लिमटेड- एसईजेड म+ कोई भी एज+डा लंिबत नह0 है। एज+डा िवषय 5 03: मेसस सटेल ाइवेट लिमटेड का मॉिनटQरग ऑफ़ परफॉमTस िवचार-िवमश के बाद, सिम/त ने एसईजेड िनयम, 2006 के िनयम 54 के अनुसार, पहले Uलॉक अव/ध के पांचव+ वष अथात िवM वष 2017-18 , दूसरे Uलॉक अव/ध के पांच िवM वष 2018-19 से 2022-23 और तीसरे Uलॉक अव/ध के पहले वष अथात िवMीय वष 2023-24 तक के लए यूिनट के परफॉमVस को नोट िकया। यूिनट ने पहले Uलॉक अव/ध के पांचव+ िवM वष FY 2017-18 म+ संचयी आधार पर 507.96 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 236.71 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने िवM वष 2017-18 म+ संचयी आधार सकाराYमक एन.एफ.ई 1204.22 करोड़ Xपये (नेट िवदेशी मूJय ) यानी 67.56% हा-सल िकया है। यूिनट ने दूसरे Uलॉक अव/ध के पांचव+ िवM वष FY 2022-23 म+ संचयी आधार पर 549.95 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 2044.76 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने िवM वष 2022-23 म+ संचयी आधार सकाराYमक एन.एफ.ई 2005.81 करोड़ Xपये (नेट िवदेशी मूJय ) यानी 98.09% हा-सल िकया है। यूिनट ने िवM वष 2022-23 म+ संचयी आधार सकाराYमक एन.एफ.ई 2005.81 करोड़ Xपये (नेट िवदेशी मूJय य ) हा-सल िकया है। यूिनट ने तीसरे Uलॉक अव/ध के पहले िवMीय वष FY 2023-24 म+ संचयी आधार पर 234.02 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 425.83 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने िवM वष 2023-24 म+ संचयी आधार सकाराYमक एन.एफ.ई 412.83 करोड़ Xपये (नेट िवदेशी मूJय) यानी 96.95% हा-सल िकया है। यूिनट ने 864 कमचाNरयZ (पुXष- 556 मिहला- 308) को रोजगार िदया है। सिम/त ने यह भी पाया िक यूिनट ने भारतीय Xपये म+ ा[ भुगतान के बदले डीटीए म+ सेवाएं दान क' ह\ , जैसा िक नीचे बताया गया है:

F.Y. DTA Sale in INR (in Lakhs) 2018-19 6.24 2019-20 14.53 2020-21 51.42 2023-24 27.75 कुल 99.94 सिम/त ने यह भी पाया िक इकाई ने िनधाNरत समय के भीतर एपीआर नह0 भरा है। वष दाखल करने क' तारीखएसईजेड ऑनलाइन म+ दाखल करने क' वा:तिवक /तथ दाखल करने म+ देरी (िदनZ क' सं]या) 2021-22 30.09.2022 30.11.2022 2 महीने 2022-23 30.09.2023 26.02.2024 5 महीने अनुमोदन सिम/त ने एसईजेड अ/धिनयम, 2005 क' धारा 2(जेड)(iii) के ावधान का उ^ंघन करने और एपीआर दाखल करने म+ देरी के लए एससीएन जारी करने का िनदIश िदया। एज+डा िवषय 5 04: मेसस सटेल सॉटवेयर लिमटेड लायिबलटी पाटनरशप (एलओए 08) का मॉिनटQरग ऑफ़ परफॉमTस िवचार-िवमश के बाद, सिम/त ने एसईजेड िनयम, 2006 के िनयम 54 के अनुसार, पहले Uलॉक अव/ध के 4 िवM वष अथात 2020-21 से 2023-24 तक के लए यूिनट के परफॉमVस को नोट िकया। यूिनट ने पहले Uलॉक अव/ध के चौथे वष अथात िवM वष म+ 16.72 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 3.68 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने संचयी आधार पर पहले Uलॉक अव/ध के चौथे वष म+ 3.56 करोड़ Xपए यािन 96.39% का सकाराYमक एनएफई हा-सल िकया है। यूिनट ने 3 कमचाNरयZ (पुXष-1, मिहला - 2) को रोजगार िदया है। सिम/त ने यूिनट को लंिबत सॉटेस को शीb दाखल करने का िनदIश िदया। एज+डा िवषय 5 05: मेसस सटेल सॉटवेयर लिमटेड लायिबलटी पाटनरशप (एलओए 07) का मॉिनटQरग ऑफ़ परफॉमTस िवचार-िवमश के बाद, सिम/त ने एसईजेड िनयम, 2006 के िनयम 54 के अनुसार, पहले Uलॉक अव/ध के 4 िवM वष अथात 2020-21 से 2023-24 तक के लए यूिनट के परफॉमVस को नोट िकया। यूिनट ने पहले Uलॉक अव/ध के चौथे वष अथात िवM वष म+ 58.82 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 9.59 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने संचयी आधार पर पहले Uलॉक अव/ध के चौथे वष म+ 9.49 करोड़ Xपए यािन 98.98% का सकाराYमक एनएफई हा-सल िकया है। यूिनट ने 01 कमचाNरयZ (पुXष-01, मिहला - 00) को रोजगार िदया है। सिम/त ने यूिनट को लंिबत सॉटेस को शीb दाखल करने का िनदIश िदया। एज+डा िवषय 5 06: मेसस सटेल ाइवेट लिमटेड का मॉिनटQरग ऑफ़ परफॉमTस िवचार-िवमश के बाद, सिम/त ने एसईजेड िनयम, 2006 के िनयम 54 के अनुसार, पहले Uलॉक अव/ध के पांच िवM वष अथात 2017- 18 से 2021-22 और दूसरे Uलॉक अव/ध के दो िवM वष 2022-23 और िवMीय वष 2023-24 तक के लए यूिनट के परफॉमVस को नोट िकया। यूिनट ने पहले Uलॉक अव/ध के पांचव+ िवM वष 2021-22 म+ संचयी आधार पर 534.03 करोड़ Xपये के अनुमािनत िनयात के मुकाबले 1019.36 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने िवM वष 2021-22 म+ संचयी आधार सकाराYमक एन.एफ.ई 933.91 करोड़ Xपये यािन 91.62% (नेट िवदेशी मूJय )हा-सल िकया है। यूिनट ने दूसरे Uलॉक अव/ध के दूसरे िवM वष FY 2023-24 म+ संचयी आधार पर 406.78 करोड़ Xपये के अनुमािनत िनयात के

मुकाबले 300.96 करोड़ Xपये का िनयात हा-सल िकया है। यूिनट ने िवM वष 2023-24 म+ संचयी आधार सकाराYमक एन.एफ.ई 294.23 करोड़ Xपये यािन 97.76% (नेट िवदेशी मूJय) हा-सल िकया है। यूिनट ने 431 कमचाNरयZ (पुXष- 299 मिहला- 132) को रोजगार िदया है। सिम/त ने यह भी पाया िक यूिनट ने भारतीय Xपये म+ ा[ भुगतान के बदले डीटीए म+ सेवाएं दान क' ह\ , जैसा िक नीचे बताया गया है: FY Amount in INR in Crore 2019-20 56.91 2021-22 8.46 2023-24 1.31 Total 66.68 चूंिक यूिनट को िवदेशी मुcा के बजाय भारतीय Xपये म+ भुगतान ा[ हुआ है, इसलए अनुमोदन सिम/त ने एसईजेड अ/धिनयम, 2005 क' धारा 2 (जेड) (iii) के ावधान का उ^ंघन करने के लए कारण बताओ नोिटस जारी करने का िनदIश िदया। सिम/त ने यह भी पाया िक इकाई ने िनधाNरत समय के भीतर एपीआर नह0 भरा है। एपीआर दाखल करने म+ िवलंब िनdनानुसार है| वष दाखल करने क' तारीखएसईजेड ऑनलाइन म+ दाखल करने क' वा:तिवक /तथ दाखल करने म+ देरी (िदनZ क' सं]या) 2019-20 31.12.2021 (िव:ताNरत) 02.01.2021 02 िदन 2021-22 30.09.2022 30.11.2022 2 महीने 2022-23 30.09.2023 20.02.2024 5 महीने इसलए अनुमोदन सिम/त ने एसईजेड अ/धिनयम, 2005 के ावधान का उ^ंघन करने के लए कारण बताओ नोिटस जारी करने का िनदIश िदया है। अ)य को धTयवाद eापन के साथ बैठक समा[ हुई। Minutes of the 55th Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ for Sector Specific Special Economic Zone for IT-ITES of M/s. Syntel International Pvt. Ltd.; Pune held on 09.05.2025. 1 Name of the SEZ M/s. Syntel International Pvt. Ltd., Pune. 2 Sector IT-ITES 3 Meeting No. 55th
4 Date 09.05.2025 Members present Sr No. Name and Designation(S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Shri. Dinesh Honmane Dy. Commissioner, IT Nominee of Income Tax, Pune 3 Shri. Sanjeev Patil, Industries Officer Nominee of Govt. of Maharashtra 4 Shri. Manchak Jadhav Sub-Regional Officer Nominee of Maharashtra Pollution Control Board 5 Smt. Pushpa Gangawane. FTDO Nominee of DGFT, Pune 6 Shri. Dhaval Shirke, Superintendent Nominee of Customs, Pune Special Invitee

Sr Name and Designation Department 1 Shri. Satbir Sharma, Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No.01: Confirmation of Minutes of the 54th meeting held on 21.03.2025. The Committee, after deliberation confirmed the minutes of the 54th meeting of the Approval Committee held on 21.03.2025. Agenda Item No. 02: Action taken report for the Minutes of the 54th meeting held on 21.03.2025. After deliberation, the Committee has noted the Action taken report for the meeting held on 21.03.2025. ADC has informed that there are no pending agendas in r/o M/s Syntel International Pvt Ltd. Agenda Item No. 03: Monitoring of Performance for M/s. Syntel Pvt Ltd After deliberation, the committee noted the performance of the unit for 5th year of 1st Block period i.e. FY 2017-18, 5 years of 2nd Block period i.e. FY 2018-19 to 2022-23 and 1st year i.e. FY 2023-24 of the 3rd Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 236.71 Crores as against projected export of Rs. 507.96 Crores in the 5th year (FY 2017-18) of 1st Block period. The unit has achieved positive NFE of Rs. 1204.22 Crores on cumulative basis. i.e 67.56% at the end of 5th year (FY 2017-18) of 1st block period The Unit has achieved export revenue of Rs. 2044.76 Crores as against projected export of Rs. 549.95 Crores in the 5th year (FY 2022-23) of 2nd Block period. The unit has achieved positive NFE of Rs. 2005.81 Crores on cumulative basis i.e 98.09% at the end of 5thyear (2022-23) of 2nd block period. The Unit has achieved export revenue of Rs. 425.83 Crores as against projected export of Rs. 234.02 Crores in the 1st year (FY 2023-24) of 3rd Block period. The unit has achieved positive NFE of Rs. 412.83 Crores on cumulative basis i.e 96.95% at the end of 1st year ( FY 2023-24) of 3rd Block period. The unit has achieved employment of 864 employees (Men-556, women-308). The committee also observed that the unit has made services in DTA against the payments received in INR as detailed below:

FY Amount in INR (in Cr) 2018-19: 6.24 2019-20 14.53 2020-21 51.42 2023-24 27.75 Total 99.94 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. The committee also observed that the unit has not filled APR within the stipulated time. The delay in filing of APRs is as under: Year Due Date of Filing Actual Date of Filing in SEZ Online Delay in Filing (No Of Days) 2021-22 30.09.2022 30.11.2022 2 months

2022-23 30.09.2023 26.02.2024 5 months The Approval Committee directed to issue a SCN for contravening the provision of Section 2(z)(iii) of SEZ Act, 2005 and delay in filing of APR. Agenda Item No. 04: Monitoring of Performance for M/s. Syntel Software Limited Liability Partnership (LOA 08) After deliberation, the committee noted the performance of the unit for for4 years i.e. FY 2020-21 to FY 2023-24 of 1st Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 3.68 Crores as against projected export of Rs. 16.72 Crores in 4th year of 1st Block period i.e. FY 2023-24. The unit has achieved positive NFE of Rs. 3.56 Crores in 4th year of 1st block period on cumulative basis. The unit has achieved employment of 03 employees (Men-01, women-02).
The Committee directed the Unit to file the pending SOFTEX at the earliest. Agenda Item No. 05: Monitoring of Performance for M/s. Syntel Software Limited Liability Partnership (LOA 07) After deliberation, the committee noted the performance of the unit 4 years i.e. FY 2020-21 to FY 2023-24 OF 1st Block period in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 9.59 Crores as against projected export of Rs. 58.82 Crores in 4th year of 1st Block period i.e. FY 2023-24. The unit has achieved positive NFE of Rs. 9.49 Crores in 4th year of 1st block period on cumulative basis. The unit has achieved employment of 01 employees (Men-01, women-00). The Committee directed the Unit to file the pending SOFTEX at the earliest. Agenda Item No. 06: Monitoring of Performance for M/s. Syntel Pvt Ltd. After deliberation, the committee noted the performance of the unit for 5 years of 1st Block period i.e. FY 2017-18 to 2021-22 and 2 years of 2nd Block period i.e. FY 2022-23 and 2023-24 in terms of Rule 54 of SEZ Rules, 2006. The Unit has achieved export revenue of Rs. 1019.36 Crores as against projected export of Rs. 534.03 Crores in 1st Block period i.e. FY 2017-18 to FY 2021-22. The unit has achieved positive NFE of Rs. 933.91 Crores in 5th year of 1st block period on cumulative basis. The Unit has achieved export revenue of Rs. 300.96 Crores as against projected export of Rs. 406.78 Crores in the 2nd year of 2nd Block period i.e. FY 2023-24 The unit has achieved positive NFE of Rs. 294.23 Crores in 2nd year of 2nd block period on cumulative basis. The unit has achieved employment of 431 employees (Men-299, women-132). The committee also observed that the unit has made services in DTA against the payments received in INR as detailed below:
FY Amount in INR (in Cr.) 2019-20 56.91

2021-22 8.46 2022-23 1.31 Total 66.68 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. The committee also observed that the unit has not filled APR within the stipulated time. The delay in filing of APRs is as under: Year Due Date of Filing Actual Date of Filing in SEZ Online Delay in Filing (No Of Days) 2019-20 31.12.2021 (extended) 02.01.2021 02 Days 2021-22 30.09.2022 30.11.2022 2 months 2022-23 30.09.2023 20.02.2024 5 months As the unit has contravened the provision of SEZ Act and Rules, the committee has directed to issue a SCN to the Unit. Meeting ended with a vote of thanks to the Chair.

(eानेfर बी. पाटील, आईएएस) (Dnyaneshwar B. Patil, IAS) अ)य एवं िवकास आयु# Chairman-cum- Development Commissioner

signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.05.20 17:56:35 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 09-05-2025 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 3rd Meeting held on 21-03-2025 Agenda Item No. 02 Application for Monitoring of Performace(M/s Syntel Software LLP - 07) Approval letter is issued to the Unit on 27.05.2025. Agenda Item No. 03 Application for Monitoring of Performace(M/s Syntel Software LLP - 08) Approval letter is issued to the Unit on 27.05.2025. Agenda Item No. 04 Application for Monitoring of Performace(Syntel Private Limited-LOA 03) Approval letter is issued to the Unit on 27.05.2025. SCN is issued to the Unit on 04.06.2025 Agenda Item No. 05 Application for Monitoring of Performace(M/s Syntel Private Limited ) Approval letter is issued to the Unit on 27.05.2025. SCN is issued to the Unit on 04.06.2025

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 dated 14.05.2025 submitted by M/s. Syntel International Pvt Ltd (Developer) and M/s Syntel Pvt. Ltd. (5 IT/ITES units) located in M/s. Syntel International Pvt Ltd.- SEZ for Change in Board of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021. 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: - Change in Directors of Company: Existing List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Mr. Sreeram Radhakrishnan Director Proposed List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Ms. Mini Sony Kochupurakal Director M/s. Syntel International Pvt Ltd (Developer) (F2/101/2005-EPZ Dated 09.06.2006 ) and M/s Syntel Pvt. Ltd. (their 5 IT/ITES Units) have submitted application for Change in Board of Director for their following LOA Nos. Unit-1-LOA.No. SEZ/PUNE/26/2007-08/54 Dated 28.03.2008 Unit-2-LOA.No. SEEPZ-SEZ/SIPL-SEZ/SL/03/2012-13/906 Dated 22.01.2013 Unit-3-LOA.No. SEEPZ/SIPL-SEZ/SL/06/2012-13/1452 Dated 03.02.2014 Unit-4-LOA.No. SEEPZ-SEZ/SIPL-SEZ/SL/05/2012-13/3776 Dated 20.03.2013 Unit-5-LOA.No. SEEPZ/NEWSEZ/DDPL-PUNE/03/LOA-03/2007-08/2127 Dated 13.03.2008 The Developer/Units has submitted following documents: Updated List of directors as on 20.01.2025. DIR 12 Mr. Sreeram Radhakrishnan (Cessation) and appointment of Ms. Mini Sony Kochupurakal.

Undertaking in r/o resigning director & in terms of Instruction no. 109 Board Resolution for Appointment of Ms. Mini Sony Kochupurakal as an additional director. Board Resolution for Resignation of Mr. Sreeram Radhakrishnan as Director of the Company. The Unit / Developer have submitted that due to resignation of Mr. Sreeram Radhakrishnan and appointment of Ms. Mini Sony Kochupurakal, there is no change in share holding pattern of the company. e. Recommendation: The Developer/Units has submitted an Unidertaking for outgoing Director and also confirms that there are no liability/cases pending against him. Approval Committee may kindly consider the proposal of Developer and their 5 Units for change in Board of Directors in terms of Instruction no. 109 issued by MOC&I.

---

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 22.05.2025 submitted by M/s. Syntel Software LLP (2 unit) IT/ITES units located in M/s. Syntel International Pvt Ltd.- SEZ for Change in Board of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021. 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: - Change in Directors of Company: Existing List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Mr. Sreeram Radhakrishnan Director Proposed List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Ms. Mini Sony Kochupurakal Director M/s. Syntel Software LLP (2 units) has submitted application for their following LOA Nos.

1. SEEPZ/SIPL-SEZ/SSLLP/07/2019-20/3041 Dated 09.03.202
2. SEEPZ/SIPL-SEZ/SSLLP/08/2019-20/3080 Dated 13.03.2020 The units have submitted following documents: Updated List of directors as on 15.11.2024. Form No 3 Copy of Payment Challan to Ministry of Corporate Affairs for LLP Form No. 3

Undertaking in r/o resigning director & in terms of Instruction no. 109 The Units have submitted that due to resignation of Mr. Sreeram Radhakrishnan and appointment of Ms. Mini Sony Kochupurakal, there is no change in share holding pattern of the company. e. Recommendation: The Units has submitted the Unidertaking for outgoing Director and confirms that there are no liability/cases pending against him. Approval Committee may kindly consider the proposal of Units for change in Board of Directors in terms of Instruction no. 109 issued by MOC&I.

---

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 19.05.2025 submitted by M/s. Syntel Solutions India Pvt Ltd for Change in Board of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021. 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: - Change in Directors of Company: Existing List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Mr. Sreeram Radhakrishnan Director Proposed List of Directors Sr. No Name of Directors Designation 1 Mr. Rakesh Khanna Director 2 Ms. Mini Sony Kochupurakal Director LOA Nos: - SEEPZ-SEZ/TSSPL/02/2011-12/434 Dated 10.01.2011. The Unit has submitted following documents: Updated List of directors as on 20.01.2025. DIR 12 Mr. Sreeram Radhakrishnan (Cessation) and appointment of Ms. Mini Sony Kochupurakal. Undertaking in r/o resigning director & in terms of Instruction no. 109 The Unit have submitted that due to resignation of Mr. Sreeram Radhakrishnan and appointment of Ms. Mini Sony Kochupurakal, there is no change in share holding pattern of the company. e. Recommendation: The unit has submitted that Mr. Sreeram Radhakrishnan was Director, and confirms that there are no

liability/cases pending against him. Approval Committee may kindly consider the proposal of the unit for change in Board of Directors in terms of Instruction no. 109 issued by MOC&I.

---