Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 29-07- 2025 at 12.15 PM. — 03-4-embssy

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 : 29.07.2025

TIME : 12.15 P.M.

---

Action Taken for Approval Committee held on 30-06-2025

Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 102nd Meeting held on 09-05-2025 Committee confirmed the minutes of meeting held on 09.05.2025 Agenda Item No. 02 Application for Monitoring of Performace(M/s. Mercedes-Benz Research and Development India Pvt Ltd) Approval letter is issued to the Unit on 04.07.2025. Issuance of SCN is under process. Agenda Item No. 03 Application for Mid Term Revision (M/s. Nitor Infotech Pvt Ltd (Unit-II)) Approval letter is issued to the Unit on 07.07.2025 Agenda Item No. 04 Application for Additional List of Services(M/s. Embassy Pune TechZone Private Limited (Developer)) Approval letter is issued to the Unit on 04.07.2025.

. नाम और पदनाम िवभाग 1

ी सतबीर शमा िविनद अधकारी सीज़-एसईज़ेड, पुणे "#टर

मेसस ए%बेसी पुणे टेकजोन (ाइवेट *लिमटेड-एसईजेड, पुणे के आईटी/आईटीईएस के *लए से-टर िव.श िवशेष आ0थक 2े3 के *लए 2े3ीय िवकास आयु5 एसईईपीजेड-एसईजेड, मुंबई क7 अ8य2ता म9 30.06.2025 को आयो:जत अनुमोदन सिमत क7 103 व; बैठक के कायवृ?। 1 एसईजेड का नाम मेसस ए%बेसी पुणे टेकजोन (ाइवेट *लिमटेड-एसईजेड, पुणे 2 से-टर आईटी/आईटीईएस 3 बैठक संAया 103 व;
4 तारीख 30.06.2025 उपD#थत सद#य:
. नाम और पदनाम (एस/ ी.)
िवभाग 1

ीमती िमतल िहरेमठ संयु5 िवकास आयु5 पुणे "#टर एसईजेड, पुणे 2

ी अ.भनव राठी उप आयु5, आयकर िवभाग से नािमत 3

ी संजीव पािटल, उFोग अधकारी महाराG सरकार से नािमत 4

ी. मंचक जाधव, उप-2े3ीय अधकारी महाराG (दूषण िनयं3ण बोड से नािमत 5

ीमती पुJपा गंगावणे, एफटीडीओ पुणे डीजीएफटी िवभाग से नािमत 6

ी (शांत रोहणेकर, अधी2क सीमा शुMक िवभाग पुणे नािमत िवशेष आमंि3त सद#य

एज9डा आइटम नंबर 01: 09.05.2025 को आयो:जत 102 व; बैठक के कायवृ? क7 पुि । िवचार-िवमश के बाद, सिमत ने 09.05.2025 को आयो:जत 102व; अनुमोदन सिमत क7 बैठक के कायवृ? क7 पुि क7। एज9डा आइटम नंबर 02: िदनांक 09.05.2025 को आयो:जत 102 व; बैठक के संदभ मे क7 गयी कायवाई क7 Nरपोट । िवचार-िवमश के बाद, सिमत ने 09.05.2025 को आयो:जत अनुमोदन सिमत क7 102 व; बैठक के संदभ मे क7 गयी कायवाही क7 Nरपोट को नोट िकया एज9डा आइटम नंबर 03: मेसस ए%बेसी पुणे टेकज़ोन (ाइवेट *लिमटेड (डेवलपर) जो िक ए%बेसी टेक ज़ोन (ाइवेट *लिमटेड - एसईज़ेड म9 D#थत है, Oारा उनके अधकृत संचालन हेतु आवPयक अतNर5 सेवा क7 #वीकृत के *लए आवेदन । मेसस ए%बेसी पुणे टेकज़ोन (ाइवेट *लिमटेड (डेवलपर) के अधकृत संचालन हेतु अतNर5 सेवा क7 #वीकृत के (#ताव को एसईज़ेड िनयम, 2006 के िनयम 10 के अंतगत अनुमोदन सिमत के सम2 (#तुत िकया गया। िवचार-िवमश के उपरांत, सिमत क7 यह राय थी िक डेवलपर Oारा अनुरोधत सेवा, अथात् कॉरपोरेट गारंटी सेवाएं, बSTकग और अUय िव?ीय सेवाओं के दायरे म9 आती है, जो िक पहले से ही अनुमोिदत सेवाओं क7 डफ़ॉMट सूची म9 शािमल है। तथािप, अधक #पता और िकसी (कार क7 अ#पता से बचने के *लए, सिमत ने उ5 सेवा को अधकृत संचालन के लए एक अतNर5 सेवा के Wप म9 सD%मलत करने के डेवलपर के (#ताव को #वीकृत (दान क7, इस शत के साथ िक इसका उपयोग केवल एसईज़ेड संचालन के *लए िकया जाएगा, और िकसी भी घरेलू शुMक 2े3 (DTA) क7 गतिवधयY के *लए नह; िकया जाएगा। सं
. सेवा का िववरण SAC कोड जीएसटी अधिनयम के अंतगत (मुख सेवा शीष अधकृत कायZ के *लए सेवा क7 आवPयकता का औच[य 1 “कॉप\रेट गारंटी सेवाएं” 997159 99715- िव?ीय सेवाओं से संब] अUय सहायक सेवाएं एसईज़ेड 2े3 के भीतर कंपनी के ^यवसाय संचालन के *लए (ा_ िनधयY के *लए (ा_ कॉप\रेट गारंटी सेवाओं के Wप म9 सेवाएं (ा_ क7 गई हS।

मांक

2021-22 (वा#तिवक) 2022-23 (वा#तिवक) 2023-24 (वा#तिवक) 2024-25 (वा#तिवक) 2025-26 (संशोध( कुल कुल USD (हजारY म9( 1. िनयात का एफओबी मूMय 68.71 114.61 137.54 168.67 178.67 668.20 76804.63 2. िवदेशी मुा ^यय 9.72 22.96 9.66 5.02 6.03 53.39 6136.67 3. शु] िवदेशी मुा अजन 58.99 91.65 127.87 163.65 172.64 614.81 70667.97 एज9डा आइटम नंबर 04: मेसस मaसडीज़-ब9ज Nरसच एंड डेवेलपम9ट इंडया (ाइवेट *लिमटेड के (दशन क7 िनगरानी। िवचारिवमश के उपरांत- सिमत ने इकाई के (दशन को SEZ िनयम, 2006 के िनयम 54 के अंतगत मaसडीज़-ब9ज Nरसच एंड डेवेलपम9ट इंडया (ाइवेट *लिमटेड इकाई के िOतीय bलॉक अवध (िव? वष 2020-21 से 2024-25) के चौथे वष अथात् 2023-24 के (दशन को िन%नानुसार संdान म9 *लया ।

इकाई ने िOतीय bलॉक अवध के चौथे वष , अथात िव?ीय वष 2023-24 म9 ₹245.71 करोड़ के अनुमािनत िनयात के मुकाबले ₹281.11 करोड़ का िनयात राज#व (ा_ िकया है। इकाई ने िव? वष 2023-24 म9 संचयी आधार पर 712.21 करोड़ fपये यानी 90.64% का सकारा[मक एनएफई हा:सल िकया है। इकाई Oारा कुल 688 लोगY को रोजगार (दान िकया गया है (पुfष – 508, मिहला – 180)। सिमत ने यह भी अवलोकन िकया िक इकाई ने घरेलू शुMक 2े3 ( DTA) म9 सेवाएं (दान क7 हS, :जसके *लए भुगतान भारतीय fपये (INR) म9 (ा_ हुआ है, :जसका िववरण िन%नानुसार है:

िव?ीय वष (₹ करोड़ म9) 2023-24 0.56 कुल 0.56 चूंिक भारतीय fपये (INR) म9 (ा_ भुगतान के िवf] घरेलू शुMक 2े3 (DTA) म9 "सेवाओं" क7 आपूgत, एसईज़ेड अधिनयम, 2005 क7 धारा 2(z) म9 दी गई 'सेवाओं' क7 पNरभाषा म9 नह; आती हS, अतः इकाई ने एसईज़ेड अधिनयम / िनयमY तथा िवदेशी ^यापार (िवकास और िविनयमन) अधिनयम, 1992 के (ावधानY का उiंघन िकया है। चूंिक इकाई ने िवदेशी मु`ा के #थान पर भारतीय fपये म9 भुगतान (ा_ िकया है, अनुमोदन सिमत ने िनदjश िदया िक एसईज़ेड अधिनयम, 2005 क7 धारा 2(z)(iii) के (ावधान का उiंघन करने के *लए कारण बताओ नोिटस (Show Cause Notice) जारी िकया जाए।

एज9डा आइटम नंबर 05: मेसस िनटर इUफोटेक (ाइवेट *लिमटेड (यूिनट-II) Oारा #वदेशी पूंजीगत व#तुओं क7 सीमा म9 वृ] एवं अनुमानY (Projections) म9 संशोधन हेतु #वीकृत के *लए आवेदन। िवचार-िवमश के उपरांत, सिमत ने एसईज़ेड िनयम, 2006 के िनयम 19(2) के अंतगत िOतीय bलॉक अवध के पाँचव9 वष अथात् िव? वष 2025-26 के *लए #वदेशी पूंजीगत व#तुओं क7 सीमा म9 वृ] तथा अनुमानY म9 संशोधन क7 #वीकृत (दान क7। संशोधत िनयात अनुमान:) ₹ करोड़ म9
िOतीय bलॉक अवध के अंतम वष (िव?ीय वष 2025-26) के *लए संशोधत िनवेश एवं रोजगार (₹ करोड़ म9) पूंजीगत व#तुएँ: अनुमोिदत अनुमान (#तािवत संशोधन #वदेशी संयं3 एवं मशीनरी 6.18 18.36 आयातत संयं3 एवं मशीनरी 0.46 0.46 कुल 6.64 18.82 #वदेशी सेवाएँ 74.10 74.10 आयातत सेवाएँ 52.93 52.93 कुल 127.03 127.03 रोज़गार: पुfष 578 पुfष 700 मिहला306 मिहला 700 कुल 884 1400

अ8य2 को धUयवाद dापन के साथ बैठक समा_ हुई।

Minutes of the 103rd 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 30.06.2025 Name of the SEZ M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ Sector IT/ITES Meeting No. 103rd
Date 30.06.2025 Members present: Sr No. Name and Designation(S/Shri.) Department 1 Smt. Mital Hiremath Jt. Development Commissioner Pune Cluster SEZ, Pune 2 Shri. Abhinav Rathi Dy. Commissioner, IT Nominee of Income Tax, Pune 3 Shri. Sanjiv 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. Prashant Rohnekar Superintendent Nominee of Customs, Pune Special Invitee:

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 102nd meeting held on 09.05.2025. After deliberation, the Committee confirmed the minutes of the 102 nd meeting of Approval Committee held on 09.05.2025 Agenda Item No.02: Action taken report for the Minutes of the 102 nd meeting of Approval Committee held on 09.05.2025. After deliberation, the Committee noted the action taken report for the meeting held on 09.05.2025. Agenda Item No.03: Application submitted by M/s. Embassy Pune TechZone Private Limited (Developer) located at Embassy Tech Zone Pvt. Ltd. -SEZ, for approval of additional service required for their authorized operations. The proposal of the M/s. Embassy Pune TechZone Private Limited (Developer) for approval of additional service required for their authorized operations was placed before the Approval Committee in terms of Rule 10 of SEZ Rules, 2006. After due deliberation, the Committee opined that the service requested by the Developer, namely Corporate Guarantee Services, falls within the ambit of Banking and Other Financial Services, which is already covered under the default list of approved services. However, for greater clarity and to avoid any ambiguity, the Committee approved the proposal of the Developer for inclusion of the said service as an additional service for authorised operations, subject to the condition that it shall be utilised exclusively for SEZ operations and not for any Domestic Tariff Area (DTA) activities.

Sr.No
2021-22 (Actual) 2022-23 (Actual) 2023-24 (Actual) 2024-25 (Actual) 2025-26 (Revised) Total Total USD in Thousands 1. FOB Value of exports 68.71 114.61 137.54 168.67 178.67 668.20 76804.63 2. FE Outgo 9.72 22.96 9.66 5.02 6.03 53.39 6136.67 3. NFE 58.99 91.65 127.87 163.65 172.64 614.81 70667.97 Sr. No. Description of Services SAC Code Major head of services under GST Act Justification for the requirement of Services for Authorized operations. 1 “Corporate Guarantee Services” 997159 99715- Other services auxiliary to financial services Services received in the nature of corporate guarantee services for fund raised by the company for its business operations within SEZ Agenda Item No. 04: Monitoring of performance for M/s. Mercedes-Benz Research and Development India Pvt Ltd. After deliberation, the committee noted the performance of the unit for 4th year i.e., 2023-24 of 2nd Block period i.e. FY 2020-21 to FY 2024-25 in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

The unit in 4th year i.e., FY 2023-24 of 2nd block period has achieved export revenue of Rs. 281.11Cr. against the projected export of Rs.245.71 Cr. The unit has achieved positive NFE of Rs.712.21 Cr. i.e.90.64%, in FY 2023-24 on cumulative basis. The unit has achieved employment of 688 (Men-508, Women-180) The committee also observed that the unit has provided services in DTA against the payments received in INR as detailed below:

FY Amount in INR (in Cr) 2023-24 0.56 Total 0.56

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 violated the provisions 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. Agenda Item No. 05: Application by M/s. Nitor Infotech Pvt Ltd (Unit-II) for approval with respect to Enhancement of Indigenous Capital Goods Limit with revision in projections. After deliberation, the committee approved for Enhancement of Indigenous Capital Goods Limit with revision in projections for 5th year of 2nd block period i.e FY 2025-26 under Rule 19(2) of SEZ Rules, 2006. Revised Export Projections: (Rs. in Cr)
Revised Investment & Employment for last year of 2nd Block (i.e FY 2025-26) : (Rs. In Cr)

Capital Goods Approved projection Proposed projections Indigenous Plant and machinery 6.18 18.36 Imported Plant and Machinery 0.46 0.46 TOTAL 6.64 18.82 Indigenous Services 74.10 74.10 Imported Services 52.93 52.93 TOTAL 127.03 127.03 Employment Men 578 Men 700 Women 306 Women 700 Total 884 1400 Meeting ended with a vote of thanks to the Chair.

(dानेlर बी. पाटील, आईएएस) (Dnyaneshwar B. Patil, IAS) अ8य2 एवं िवकास आयु5 Chairman-cum- Development Commissioner

signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.07.04 14:04:17 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 30-06-2025

Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 102nd Meeting held on 09-05-2025 Committee confirmed the minutes of meeting held on 09.05.2025 Agenda Item No. 02 Application for Monitoring of Performace(M/s. Mercedes-Benz Research and Development India Pvt Ltd) Approval letter is issued to the Unit on 04.07.2025. SCN is issued to the Unit. Agenda Item No. 03 Application for Mid Term Revision (M/s. Nitor Infotech Pvt Ltd (Unit-II)) Approval letter is issued to the Unit on 07.07.2025 Agenda Item No. 04 Application for Additional List of Services(M/s. Embassy Pune TechZone Private Limited (Developer)) Approval letter is issued to the Unit on 04.07.2025.

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 : Monitoring of the performance of M/s. Statestreet Corporate Services Mumbai Pvt. Ltd. an IT/ITES unit located at Embassy Tech Zone-SEZ for FY 2024-25 to 2025-26 (upto June 2025) of 2 nd Block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 2024-25 to 2025-26 (upto June 2025) of 2 nd Block period, in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules”. d. Other Information: - Original Approved Projections: (2nd block Period) (Rs. In Cr.)

2024-25 2025-26 2026-27 2027-28 2028-29 Total FOB value of Exports 147.74 150.37 148.30 149.20 149.38 744.99 FE Outgo 1.51 0.75 0.74 0.80 0.77 4.57 NFE Earnings 146.23 149.62 147.56 148.40 148.60 740.41 Performance as compared to projections: FY 2024-25 to 2025-26 (Upto June 2025 )(Rs. In Cr.) Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2024-25 147.74 254.98 0.00 0.00 2.63 0.0032 0 2025-26 150.37 39.04 0.00 0 Total 298.11 294.02 0.0 0.00

0.0032 0

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2024-25 253.92 99.58%

2025-26 291.90 99.28% Employment: (As per APR)

Projected Employment Achieved Employment Men 1061 964 Women 619 537 Total 1680 1501 Other Information: LOA No. & Date SEEPZ-SEZ/PEPPL-SEZ/SSHSIPL/26/2019- 20/3097 dated 02.05.2019 Location of Unit 3rd to 7th floor, Mekong Building, Embassy Tech Zone RGIP Hinjewadi, Phase II,Pune 411057 Validity of LOA 30.11.2029 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.12.2019 Execution of BLUT Rs 73.18 Cr. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 01.05.2029 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 30.06.2025 1680 (Men-1061, Women-738) 1501(Men- 964, Women- 537) Area allotted (in sq.ft.) 1,69,757 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 113.09 Sq. Ft. Investment till date

Building NA Plant & Machinery 15.01 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 25.07.2025 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) 2024-25 254.98 255.21 -0.23 Diff. on account of Exchange Rate -0.23 Total -0.23 2025-26 (upto June, 2025) 39.04 38.56 0.48 Diff. on account of Exchange Rate 0.48 Total 0.48 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) 2024-25 0.00 0.00 0.00

---

2025-26 (upto June, 2025) 0.00 0.00 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) 2024-25 0.00 0.00 0.00

2025-26 (upto June, 2025) 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 13th June, 2019 9.15 27th March, 2022 17.30 20.05.2025 46.73 Total 73.18

2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 24-25 14.65 0.41 7.75 6.49 25-26 (upto June 25) 53.22 0.68 0.04 52.50 Total

1.09 7.79

(d) Employment made as on date (30.06.2025) (as on end of block period/ year up to which monitoring is being done) FY Male Female Total Projection 1061 619 1680 ACTUAL 24-25 1022 572 1594 25-26 (upto June 25) 964 537 1501 Total No Employment :1501nos. (e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 30.06.2025) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained.

No foreign remittance is pending as on 30.06.2025

(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. 02 nos. of Softex filed late. Application submitted by the Unit with the JDC Office for delay condonation. a. Request Id-142400276760 b. Request Id-142400295063 (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 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 (m) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. Yes. (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period: If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No. (p) Has the unit set up any cafeteria/ canteen/ food court in unit premises. If yes, whether permission from UAC/DC office has been issued, or otherwise. 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 a Dry Pantry with no cooking facility. For the Dry Pantry the unit has not obtained permission from UAC. (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. 294.02 Cr. against the projected export of Rs 298.11Cr. on cumulative basis during 2 years of 2nd Block period i.e FY 2024-25 to 2025-26 (upto June 2025). The unit has achieved positive NFE of Rs. 291.90 Cr. i.e., 99.28% in FY 2025-26(upto June 2025) on cumulative basis. The unit has achieved employment of 1501 (Men-964, Women-537) (upto June 2025) Approval committee may kindly monitor the performance of the Unit for 2 years of 2 nd Block period i.e from 2024-25 to 2025-26(upto June 2025), 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 22.07.2025 submitted by M/s. Volkswagen Group Technology Solutions India Private Limited, SEZ Unit (Application submitted in New Name as M/s. Volkswagen Group Digital Solutions Private Limited) for leasing out up space to vendor for Canteen services in SEZ premises (Change in Vendor). b. Specific Issue on which decision of AC is required: -
Approval of the committee to lease out the space to vendor for setting up Cafeteria in SEZ premises, as detailed below, in terms of Rule 11 (5) of SEZ Rules, 2006, as detailed below: c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- Rule 11(5) of SEZ Rules, 2006 “the Developer may, with the prior approval of the Approval Committee, grant on lease land or built up space, for creating facilities such as canteen, public telephone booths, first aid centers, crèche and such other facility may be required for the exclusive use of the unit.” d. Other Information: - Name of Vendor Activity Location of Cafeteria Area in Sq.ft M/s. Global Hospitality Solutions. Cafeteria for providing food and Beverages to the SEZ Unit Employees 9th Floor, wing A Embassy Pune Tech Zone-SEZ. 2500 10th Floor, wing B Embassy Pune Tech Zone-SEZ. 1800

Relevant provisions:
Rule 11(5) of SEZ Rules, 2006 “the Developer may, with the prior approval of the Approval Committee, grant on lease land or built up space, for creating facilities such as canteen, public telephone booths, first aid centers, crèche and such other facility may be required for the exclusive use of the unit.” Other Information: M/s. Volkswagen Group Technology Solutions India Private Limited located at 9 th and 10th floor, Wing B, Block Congo, Plot no PL03, Embassy Pune Tech Zone Pvt Ltd-SEZ,RGIP, Hinjewadi, Phase II,Pune- 411057
i. They have been granted Formal Letter of Approval Number SEEPZ-SEZ/PEPPL-SEZ/VIPL/08/2014- 15/5846 dated 15.05.2014. ii. The unit has informed that no live cooking activities will be carried out within the food court area.

iii. The unit has informed that there will be no change in Layout of the Canteen within the premises. iv. The Unit has informed that the vendors will not avail any tax exemptions or Benefits under SEZ regulations. v. The Unit has submitted the following with the application: Copy of Letter of Agreement with Vendor (M/s. Global Hospitality Solutions). Fire NOC issued by the MIDC dated 24.07.2023 for their office on 9 th & 10th Floor in IT-3 Building area admeasuring 6724.43 Sq. Mtrs. Copy of Form B Certificate dated 01.07.2025 issued for the period January 2025 to June 2025. Form C (FSSAI Certificate) in r/o M/s. Global Hospitality Solutions.

The unit has submitted the application in the name M/s.Volkswagen Group Digital Solutions Private Limited which is the changed name of the unit. The proposal for Change in name of the company is being taken up in this UAC for approval. The New Name of the unit has been updated with Ministry of corporate affairs and updated PAN, GST Certificate, Board resolution among other documents have been submitted by the unit with their application of Name Change. The agreement with Vendor is in New name i.e M/s. Volkswagen Group Digital Solutions Private Limited. e. Recommendation: Approval Committee may like to consider the proposal of the Unit for Change in Vendor for Canteen Facility, in the Unit premises, in terms of Instruction No. 95 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 : Application submitted by M/s. Volkswagen Group Technology Solutions India Private Limited, an IT/ITES units located in Embassy TechZone Pvt Ltd –SEZ for Change in Name of Unit and Change in Board of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Change in Name of the Company and 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: - Change in the name of the Company Previous Name of the Unit Proposed Name of the Unit M/s. Volkswagen Group Technology Solutions India Private Limited. M/s. Volkswagen Group Digital Solutions Private Limited. Reason for change in name of the Company: The company has changed its name in order to reflect ‘Digital Solutions’ as core business of the Company more specifically and effectively to reflect activities of the Company in better manner. Board of Directors: List of Board of Directors before Change in Shareholding pattern: Sr. No. Name of Director Designation Date of Cessation 1. Mr.Milan Kumar Director 30.06.2016 2. Mr.Puneet Sabharwal Additional Director 06.09.2016

Proposed List of Board of Directors after Change in Shareholding pattern: Sr. No. Name of Director Designation Date of Appointment 1. Mr.Siddharth Yadav Chairman and non- Executive Director 11.11.2024 2. Mr.Kausik Kumar Basu Executive Director 31.08.2023 3. Mr. Premal Hasmukh Buddhdev Executive Director 01.06.2024 Reason for change in Board of Director: The unit has submitted that, due to Resignation and appointment of Directors, there is Change in Board Of Directors. Other Information: - M/s. Volkswagen Group Technology Solutions India Private Limited has submitted application for LOA No. SEEPZ-SEZ/PEPPL-SEZ/VIPL/08/2014-15/5846 dated 15.05.2014 is located at 9th and 10th floor, Wing B, Block Congo, Plot no PL03, Embassy Pune Tech Zone Pvt Ltd-SEZ,RGIP, Hinjewadi, Phase II,Pune- 411057
DCP: 06.06.2014 LOA valid till: 05.06.2029 The unit has informed that, because of Change in many persons who were responsible for handling the SEZ License and Compliance work and lack of awareness they inadvertently missed to update Change in Board Of Directors and requested to condone the delay. The Unit has submitted following documents: A Copy of Board resolution for appointment and resignation of directors Copy of Form No. DIR-12 for Appointment of Director Copy of Form No. DIR-12 for Resignation of Director Copy of List of Directors before and after change in composition of Board of Directors Copy of Undertaking regarding Personal liability arising if any, against resigning director Copy of undertaking in term of Instruction No. 109 IEC, GST and PAN of the Company in the new name. Certificate Of Incorporation in the new name of the Company. Board Resolution for Change in the name of the Company. e. Recommendation: Approval Committee may kindly condone the delay for intimating Change in Board of Directors and consider the proposal of the unit for Change in Name of the Company and 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 : Application submitted by M/s. LTIMindtree Ltd, an IT/ITES units located in Embassy Pune Tech Zone, RGIP Hinjewadi, Phase II, Pune 411057 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, 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: - Board of Directors: Previous List of Board of Directors: Sr. No. Name of Director Designation Date of Cessation 1. Mr. Sekharipuram Narayanan Subrahmanyan Non-Executive Chairman

Mr. Debashish Chatterjee CEO and Managing Director 30.05.2025 3. Mr. Ramamurthi Shankar Raman Non-Executive Director

Mr.Venugopal Lambu CEO-Designate and Whole time Director

Mr.Nachiket Gopal Deshpande President-Global AI Services,strategic deals and Partnerships and Whole time Director

Mr. Sanjeev Aga Independent Director

Mr.James Varghese Abraham

Mr. Vinayak Chatterjee

Ms. Apurva Purohit

Mr. Bijou Kurien

Mr. Chandrasekaran Ramakrishnan

Proposed List of Board of Directors: Sr. No. Name of Director Designation Date of Appointment 1. Mr. Sekharipuram Narayanan Subrahmanyan Non-Executive Chairman 10.01.2015 2. Mr. Ramamurthi Shankar Raman Non-Executive Director 28.10.2015 3. Mr.Venugopal Lambu CEO and Managing Director 24.01.2025 4. Mr.Nachiket Gopal Deshpande President-Global AI Services, strategic deals and Partnerships and Whole time Director 02.05.2019 5. Mr. Sanjeev Aga 09.11.2016 6. Mr.James Varghese Abraham 18.07.2021 7. Mr. Vinayak Chatterjee 01.04.2022 8. Ms. Apurva Purohit 14.11.2022 9. Mr. Bijou Kurien 14.11.2022 10. Mr. Chandrasekaran Ramakrishnan 14.11.2022 Reason for change in Board of Director: The unit has submitted that, due to Retirement of One Director, there is Change in Board of Directors. Information: - M/s. LTIMindtree Ltd has submitted application for LOA No. SEEPZ-SEZ/EOPPL-SEZ/L&T/29/2019- 20/2000 dated 30.08.2019 is located at 4th and 5th floor, Nile building, Embassy Office Parks Pvt Ltd, Plot No 3A,RGIP,Phase 2, Hinjewadi, Pune -411057 DCP: 20.01.2020 LOA valid till: 19.01.2029 The Unit has submitted following documents: A Copy of Board resolution Copy of Form No. DIR-12 for cessation of Director Copy of List of Directors before and after change in composition of Board of Directors Copy of Undertaking regarding Personal liability arising if any, against resigning director Copy of undertaking in term of Instruction No. 109 e. Recommendation: 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.

---

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 : Application submitted by M/s. IBM India Pvt Ltd, an IT/ITES unit located in Embassy Pune Tech Zone, RGIP Hinjewadi, Phase II, Pune 411057 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, 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: - Board of Directors: Previous List of Board of Directors: Sr. No. Name of Director Designation Date of Cessation 1. Sandip Vinubhai Patel Director

Tejaswini Shrikant Rajwade Director

Usha Shrikanth Director

Amit Sharma Director

Thirukkumaran Nagarajan Director 10.06.2025 Proposed List of Board of Directors: Sr. No. Name of Director Designation Date of Appointment 1. Sandip Vinubhai Patel Managing Director 04.08.2020 2. Tejaswini Shrikant Rajwade Director 31.12.2020 3. Usha Shrikanth Director 04.06.2019 4. Amit Sharma Director 26.10.2018 5. Nisha Gopinath Additional Director 10.06.2025

Reason for change in Board of Director: The unit has submitted that, due to change in role of one of the directors and subsequent resignation, there is Change in Board of Directors. Information: - M/s. IBM India Pvt Ltd has submitted application for SEEPZ-SEZ/NEW-SEZ/DDPL-PUNE/01/LOA- 01/2007-08/9314 dated 20.12.2007 is located at Embassy Office Park Private Limited, Plot no 03,RGIP, Hinjewadi, Phase II, District ,Pune 411057 DCP: 01.04.2008 LOA valid till: 31.03.2028 The Unit has submitted following documents: A Copy of Board resolution for appointment and resignation of directors Copy of Form No. DIR-12 for Appointment of Director Copy of Form No. DIR-12 for Resignation of Director Copy of List of Directors after change in composition of Board of Directors (with MCA website) Copy of Undertaking regarding Personal liability arising if any, against resigning director Copy of undertaking in term of Instruction No. 109

e. Recommendation: 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.

---