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11/09/2025 — 06-2-midc-sez

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06-2-midc-sez

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SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR

MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF MIDC-SEZ

DATE : 12.09.2025

TIME : 11.00 A.M.

MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 12.09.2025 INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 29.07.2025 Agenda Item No. 02:- Action taken report for the Minutes of the meeting held on 29.07.2025 Agenda Item No. 03:- Application for revision of Projection - M/s. Hexaware Technologies Ltd. (LOA No. 61/2018-19) Agenda Item No. 04 Monitoring of Performance by M/s. Hexaware Technologies Ltd. (LOA No. 04/2011-12) Agenda Item No. 05 Monitoring of Performance by M/s. Infosys BPM Ltd (LOA No. 57/2015-16) Agenda Item No. 06 Monitoring of Performance by M/s. Veritas Software Technologies India Pvt. Ltd (LOA No. 74/2019-20)

मैसस एमआईडीसी -एसईजेड, पुणे, के आईटी/आईटीईएस के लए सेटर िवश िवशेष आथक े, के लए ेीय िवकास आयु! सी"झ एसईजेड, क$ अ&यता म( 29.07.2025 को आयो*जत 142 वी अनुमोदन सिम-त क$ बैठक का कायवृ1। 1 एसईजेड का नाम एमआईडीसी-एसईजेड 2 सेटर आय टी – आय टी ई एस 3 बैठक 3मांक 142वी 4 तारीख 29.07.2025 उप78थत सद8य 3. नाम एवं पदनाम (9ी/ 9ीमती) िवभाग 1 9ीमती िमतल िहरेमठ संयु! िवकास आयु! पुणे =8टर एसईजेड, पुणे 2 9ी अभनव राठी, उप आयु!, आयकर िवभाग से नािमत 3 9ी संजीव पािटल, उ>ोग अ-धकारी महारा@ सरकार से नािमत 4 9ी. मंचक जाधव, उप-ेीय अ-धकारी महारा@ Bदूषण िनयंण बोड से नािमत 5 9ीमती पुDपा गंगावणे, एफटीडीओ पुणे डीजीएफटी िवभाग से नािमत 6 9ी Bशांत रोहणेकर, अधीक सीमा शुGक िवभाग पुणे नािमत िवशेष आमंित

नाम एवं पदनाम (9ी/ 9ीमती) िवभाग 1 9ी. शHभू दयाल मीना, िविनIद अ-धकारी सी"ज़-एसईज़ेड, पुणे =8टर एज(डा िवषय 3 01 : िदनांक 09.05..2025 को आयोजत 141 वK बैठक के कायवृ1 क$ पुि िवचार-िवमश के बाद, सिम-त ने 09.05..2025 को आयोजत 141वK अनुमोदन सिम-त क$ बैठक के कायवृ1 क$ पुि क$। एज(डा िवषय 3. 02:- िदनांक 09.05.2025 को आयोजत बैठक के कायवृ1 क$ कारवाई Lरपोट िवचार-िवमश के बाद, सिम-त ने 09.05.2025आयोजत बैठक के लए क$ गई कारवाई Lरपोट नोट क$ है। सिम-त ने नोट िकया िक मेसस हेसावेयर टेनोलॉजीज लिमटेड (LOA संNया SEEPZ-SEZ/MIDC-SEZ/HTL/61/2018-19 िदनांक 06.07.2018) का 8वदेशी सेवाओं के अनुमानO म( संशोधन के साथ िनयात वृ-P का B8ताव अनुमोदन सिम-त Qारा 8थिगत कर िदया गया था। संयु! िवकास आयु! कायालय ने सू-चत िकया है िक इकाई ने 8पीकरण B8तुत कर िदया है और उसे सTयापन के लए िनIद अ-धकारी को भेज िदया गया है। िनIद अ-धकारी से उ1र क$ Bतीा है। उपरो! के मUेनजर, सिम-त ने B8ताव को अगली अनुमोदन सिम-त क$ बैठक म( रखने का िनदVश िदया। एज(डा िवषय 3 03: नई यूिनट 8थािपत करने के लए आवेदन - मेसस एनईएस डेटा Bाइवेट लिमटेड, : यूिनट का B8ताव िवचार के लए अनुमोदन सिम-त के सामने रखा गया। िवचार-िवमश के बाद, सिम-त ने मेसस एनईएस डेटा Bाइवेट लिमटेड, के B8ताव को मंजूरी दी, जो एमआईडीसी-एसईजेड म( एक नए यूिनट क$ 8थापना के लए है, SEZ िनयम, 2006 के िनयम 17 और 18 के अनुसार। 8वीकृत B8ताव का िववरण नीचे िदया गया है: 8थान 25/6/A & 25/6/B, राजीव गांधी इWफोटेक पाक , चरण 3, MIDC – SEZ, Xहजवाड़ी, पुणे 411 057. े 3994.83 वग फ$ट

उTपाद का िनमाण िकया जाएगा / सेवा Bदान क$ जाएगी। 1 डेटा क( Z SAC-998315 CPC-8315 डेटा क( Z भवनO क$ 8थापना - अंत उपयोगकताओं के लए सवर/8टोरेज/सॉ[टवेयर अनुBयोग/वेबसाइट हो\8टग के उUे]य से रैक 8थान और संबं-धत उपयोिगता अवसंरचना सेवाएं Bदान करना। 2 जानकारी Bौ>ोिगक$ सम सेवाएँ सपोट क( ZO और दूर8थ रखरखाव क$ Bकृ-त म(। SAC-998313 CPC-8313 अंतIनIमत ाहकO को िवभa हाडवेयर/सॉ[टवेयर/ऐ7"लकेशन/वेबसाइटO/टेलीकोम cलक का Bबंधन करने के लए 24*7 आधार पर आईटी Bबंधन/कौशल आधाLरत सेवाएं/उपकरण Bदान करते हd। डेटा संहण-के-eप म( सेवा (STaaS), Lरमोट हdfस और तकनीक$ सहायता, AI/HPC आधारभूत संरचना क$ तैयारी, 3ॉस-कनेट और इंटरकनेट सेवाएं, DCIM - डेटा स(टर अवसंरचना Bबंधन, आपदा पुनBािg और hयवसाय िनरंतरता, हLरत डेटा स(टर अनुपालन जैसी आईटी सेवाएं Bदान करना। अनुमान, वष-वार "लांट और मशीनरी / पूंजीगत व8तुओं म( िनवेश (i. करोड़ म() 8वदेशी

36.81 आया-तत

4.09 कुल

40.90 सेवाएँ

8वदेशी

87.65 आया-तत

4.88 कुल

92.53 रोज़गार कुल 42(पुiष – 30, मिहला – 12) पहले jलॉक अव-ध के लए 8वीकृत पूवानुमान (करोड़O म( iपये)

1st 2nd 3rd 4th 5th कुल कुल ($ in Thousand) िनयात का FOB मूGय33.20 46.96 54.52 59.98 65.97 260.64 29959.34 एफई खच 1.15 1.76 1.91 2.02 2.13 8.97 1031.14 एनएफई 32.05 45.20 52.62 57.96 63.84 251.67 28928.21 सिम-त ने िनदVश िदया िक अनुमोदन प म( इकाई Qारा B8तुत आया-तत और 8वदेशी पूंजीगत व8तुओं क$ सूची को शािमल िकया जाए। एज(डा आइटम संNया 4: मेसस जे के िबGडस, (संयु! िवकासकता) Qारा B8तुत अ-धकृत संचालन के लए सामी क$ सूची क$ 8वीकृ-त के लए आवेदन यूिनट का B8ताव िवचार के लए अनुमोदन सिम-त के सामने रखा गया। सिम-त ने मेसस जे के िबGडस, (सह-िवकासक) Qारा B8तुत सामी क$ सूची को नोट िकया, जो सीधी कायk के लए 20,91,000/- iपये (बीस लाख इयानवे हजार iपये केवल) क$ राश के लए सभी Bकार क$ भवनO के िनमाण के लए Bसं8करण े म( है (अनुमोिदत संचालन संNया 22, जो MOC&I Qारा 15.03.2010 को जारी िनदVश संNया 50 के अनुसार है) , और इसे मेसस -डजाइनटेक *स8टHस Bाइवेट लिमटेड (यूिनट 2) से Bाg िकया जाएगा, जो MIDC - SEZ म( 78थत है। सामी क$ सूची चाटड इंजीिनयर िवजय डी खामकर Qारा सही ढंग से Bमाणत क$ गई है, जो एम/एस hहाइट8टोन वैGयूस और कंसGट(mस Bा. लिमटेड,, पुणे Qारा जारी क$ गई है, *जसम( CE(I) लाइस(स नंबर F. No. CUS/SIIB/CE/03/2019 है। उ! सामियO पर छूट दी गई शुGक क$ राश iपये 3,76,380/- (iपये तीन लाख छह1र हजार तीन सौ अ8सी केवल) है।

िवचार-िवमश के बाद, सिम-त ने िनमाण े म( सभी Bकार क$ इमारतO के लए आव]यक अ-धकृत संचालन हेतु iपये 20,91,000/- (iपये बीस लाख इयानवे हजार मा) क$ सामी क$ सूची को मंजूरी दी। सामी का अ-ध`हण मेसस -डजाइनटेक *स8टHस Bाइवेट लिमटेड (यूिनट 2) से MIDC – SEZ म( िकया जाएगा, जो SEZ िनयम, 2006 के िनयम 12(2) के अनुसार है। एज(डा आइटम नंबर 5: मेसस. टाटा कंसGट(सी सIवसेज लिमटेड के Bदशन क$ िनगरानी: यूिनट का B8ताव िवचार के लए अनुमोदन सिम-त के सामने रखा गया। िवचार-िवमश के बाद, सिम-त ने SEZ िनयम, 2006 के िनयम 54 के संदभ म( यूिनट के पहले jलॉक अव-ध यानी िव1ीय वष 2019- 20 से 2023-24 के लए 5 वषk के Bदशन को नीचे िववरण के अनुसार नोट िकया:

यूिनट ने 1st jलॉक अव-ध यािन FY 2019-20 से 2023-24 के दौरान Rs 4085.33 Cr के अपे-त िनयात के मुकाबले Rs. 947.70 Cr का िनयात राज8व Bाg िकया है। यूिनट ने FY 2023-24 म( संचयी आधार पर Rs. 620.50 Cr का सकाराTमक NFE Bाg िकया है, अथात् 65.47%। यूिनट ने 2555 रोजगार (पुiष-1654 मिहला-901) उTपa िकए हd। कम िनयात और कम रोजगार के लए इकाई Qारा B8तुत कारण को सिम-त Qारा नोट िकया गया। एज(डा आइटम संNया 06: मेसस न8ट@ा डाटा लिमटेड, (यूिनट) Qारा िनदेशकO म( बदलाव के अनुमोदन के लए आवेदन : िवचार-िवमश के बाद सिम-त ने एमओसीआई Qारा जारी िदनांक 18.10.2021 के िनदVश संNया 109 के अनुसार िनदेशक मंडल म( पLरवतन के लए इकाई के B8ताव को मंजूरी दे दी, *जसका िववरण नीचे िदया गया है: िनदेशक मंडल क$ अनुमोिदत सूची: 3मांक िनदेशकO का नाम पद का नाम िनयुि! क$ तारीख 1 नीरज भारQाज िनदेशक

2 किपल मोदी िनदेशक

3 आशीष अरोड़ा िनदेशक

4 हरजीत pसह कोहली िनदेशक

5 गैरी जोसेफ वोqता8ज़ेक िनदेशक

शरत *सWहा िनदेशक 25.09.2024 7. िव>ुत गुलाटी िनदेशक 14.12.2024 यह अनुमोदन वाणqय एवं उ>ोग मंालय Qारा जारी िनदVश संNया 109 म( िनधाLरत शतk के अधीन है। एज(डा आइटम संNया 07: मेसस न8ट@ा डाटा लिमटेड, (सह-िवकासकता) Qारा िनदेशकO म( बदलाव के अनुमोदन के लए आवेदन : िवचार-िवमश के बाद सिम-त ने एमओसीआई Qारा जारी िदनांक 18.10.2021 के िनदVश संNया 109 के अनुसार िनदेशक मंडल म( पLरवतन के लए इकाई के B8ताव को मंजूरी दे दी, *जसका िववरण नीचे िदया गया है: िनदेशक मंडल क$ अनुमोिदत सूची: 3मांक िनदेशकO का नाम पद का नाम िनयुि! क$ तारीख 1 नीरज भारQाज िनदेशक

2 किपल मोदी िनदेशक

3 आशीष अरोड़ा िनदेशक

4 हरजीत pसह कोहली िनदेशक

5 गैरी जोसेफ वोqता8ज़ेक िनदेशक

शरत *सWहा िनदेशक 25.09.2024 7. िव>ुत गुलाटी िनदेशक 14.12.2024 यह अनुमोदन वाणqय एवं उ>ोग मंालय Qारा जारी िनदVश संNया 109 म( िनधाLरत शतk के अधीन है।

Minutes of the 142 nd 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. MIDC - SEZ, Hinjewadi, Phase III, Pune held on 29.07.2025. 1 Name of the SEZ M/s. MIDC-SEZ, Phase III 2 Sector IT/ITES 3 Meeting No. 142nd
4 Date 29.07.2025

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 Name and Designation Department 1 Shri. Shambu Dayal Meena, Specified Officer SEEPZ-SEZ, Pune Cluster

Agenda Item No.01: Confirmation of the Minutes of the 141th meeting held on 09.05.2025

After deliberation, the Committee confirmed the minutes of the 141 st meeting of Approval Committee held on 09.05.2025 Agenda Item No.02: Action taken report for the minutes of the meeting held on 09.05.2025 After deliberation, the Committee has noted the Action taken report for the meeting held on 09.05.2025. The Committee noted that the proposal of M/s Hexaware Technologies Ltd. (LOA no SEEPZ-SEZ/MIDC- SEZ/HTL/61/2018-19 dated 06.07.2018) for enhancement of indigenous services projection with revision in projection was deferred by the Approval Committee. Office of the Joint Development Commissioner has informed that the Unit has submitted the clarification and the same have been forwarded to the Specified Officer for the verification of the same. Reply from the SO is awaited. In view of the above, the Committee directed to place the proposal in the next Approval Committee meeting. Agenda Item No.03: Application for setting up of new unit – M/s NES Data Private Ltd., : The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, Committee approved the proposal of M/s. NES Data Pvt. Ltd., for setting up of a new unit in MIDC - SEZ, in terms of Rule 17 & 18 of SEZ Rules, 2006. The details of the approved proposal as detailed below :

Location 25/6/A & 25/6/B, Rajiv Gandhi Infotech Park, Phase III, MIDC – SEZ, Hinjewadi, Pune 411 057. Area 3994.83 Sq. ft.

Product to be manufactured /Service to be rendered. Sr. No. Services SAC/CPC Auithorised Operation 01 Data Centre CPC- 8315 & SAC - 998315 Set up the data CENTRE BUILDINGS – DELIVERING RACK SPACE AND ASSOCIATED UTILITY INFRASTRUCTURE SERVICES TO END CUSTOMERS, FOR THE PURPOSE OF HOSTING THE SERVERS/STORAGE/SOFTWARE APPLICATIONS/WEBSITES. 02 Information Technology Enabled Services in the nature Support Centres and Remote Maintenance. SAC – 998313 CPC - 8313 They provide IT Management/skillset based services/tools to end customers to manage the various hardware/software/applications/websites/telecom links on a 24*7n basis. To provide IT services such as Data Storage-as – a service (STaaS), Remote Hands & Technical Support, AI/HPC Infrastructure Readiness, Cross- connect & Interconnect Services, DXCIM – Data Centre Infrastructure Management, Disaster Recovery & Business Continuity, Green Data Centre Compliance. PROJECTIONS, YEAR-WISE Investment in Plant & Machinery / Capital Goods (Rs. In Cr.) Indigenous

36.81 Imported

4.09 TOTAL

40.90 Services

Indigenous

87.66 Imported

4.88 TOTAL

92.54 Employment Total 42 (Male – 30, Female – 12) Approved Projections for 1st Block Period (Rs. In Crores)

1st 2nd 3rd 4th 5th Total Total ($ in Thousand) FOB Value of Exports 33.20 46.96 54.53 59.98 65.98 260.65 29959.34 FE outgo 1.15 1.76 1.91 2.02 2.14 8.97 1031.14 NFE 32.05 45.20 52.62 57.96 63.84 251.68 28928.21 The Committee directed to include list of Imported and Indigenous Capital goods submitted by the Unit in the letter of approval. Agenda Item No. 4 : Application for approval of List of Materials for Authorised Operations submitted by M/s J K Builders, (Co-Developer) The proposal of the unit was placed before the Approval Committee for consideration. The Committee noted the list of materials submitted by M/s J K Builders, Co-Developer, amounting to Rs. 20,91,000/- (Rupees Twenty Lakhs Ninety One Thousand Only) for authorized operations for Construction of all

type of Buildings in Processing area (Authorised Operation No. 22 as per Instruction No. 50 dated 15.03.2010 issued by MOC&I), & the same will be procured from M/s Designtech Systems Private Limited (Unit 2) located at MIDC – SEZ. The list of materials is duly certified by the Chartered Engineer Vijay D Khamkar, issued by M/s Whitestone Valuers & Consultants Pvt. Ltd., Pune holding CE(I) License No. F. No. CUS/SIIB/CE/03/2019 . The duty foregone amount on the said materials is Rs. 3,76,380/- (Rupees Three Lakh Seventy Six Thousand three hundred and Eighty Only). After deliberation, the Committee approved the list of materials amounting to Rs. 20,91,000/- (Rupees Twenty Lakhs Ninety One Thousand Only) for authorized operations required for Construction of all type of Buildings in Processing area (Authorised Operation No. 22 as per Instruction No. 50 dated 15.03.2010 issued by MOC&I), will procure material from M/s Designtech Systems Private Limited (Unit 2) located at MIDC – SEZ, in accordance with Rule 12(2) of the SEZ Rules, 2006. Agenda Item No. 5 : Monitoring of Performance for M/s. Tata Consultancy Services Ltd.(LOA No 50/2014- 15) : The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, the committee noted the performance of the unit for 5 years of 1st block period i.e. FY 2019-20 to 2023-24, in terms of Rule 54 of SEZ Rules, 2006, as detailed below:

The unit has achieved export revenue of Rs. 947.70 Cr. against the projected export of Rs 4085.33 Cr during 1st Block period i.e FY 2019-20 to 2023-24. The unit has achieved positive NFE of Rs. 620.50 Cr. i.e., 65.47 % in FY 2023-24 on cumulative basis. The unit has achieved employment of 2555 (Men-1654 Women-901) Reason submitted by the Unit for less export and less employment is noted by the Committee. Agenda Item No. 06 : Application for approval of change in Directors submitted by M/s Nxtra Data Ltd., (Unit) The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, the committee approved the proposal of the unit for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below: Approved List of Board of Directors: Sr. No Name of the Directors Designation Date of Appointment 1 Neeraj Bhardwaj Director

2 Kapil Modi Director

3 Ashish Arora Director

4 Harjeet Singh Kohli Director

5 Gary Joseph Wojtaszek Director

Sharat Sinha Director 25.09.2024 7. Vidyut Gulati Director 14.12.2024 The approval is subject to the conditions laid down in Instruction No. 109 issued by MOC&I. Agenda Item No. 07 : Application for approval of change in Directors submitted by M/s M/s Nxtra Data Ltd., (Co-Developer) The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, the committee approved the proposal of the unit for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below:

Approved List of Board of Directors: Sr. No Name of the Directors Designation Date of Appointment 1 Neeraj Bhardwaj Director

2 Kapil Modi Director

3 Ashish Arora Director

4 Harjeet Singh Kohli Director

5 Gary Joseph Wojtaszek Director

Sharat Sinha Director 25.09.2024 7. Vidyut Gulati Director 14.12.2024 अ&य को धWयवाद rापन के साथ बैठक समाg हुई। Meeting ended with a vote of thanks to the Chair.

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

signaturerectangle-1-186 Mr. Dnyaneshwar B Patil Development Commissioner PUNE- SEZ Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.08.14 13:20:56 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 setting up of a new unit(M/s. Crum & Forster Services India Pvt. Ltd) Letter of Approval is issued to the Unit on 26.05.2025. Agenda Item No. 03 Application for capacity enhancement(M/s. Hexaware Technologies Ltd., (LOA No. SEEPZ- SEZ/HTL/04/2011-12 dated 19.04.2012) Agenda approved. Approval letter is issued to the Unit on 26.05.2025. Agenda Item No. 04 Application for capacity enhancement(/s. Hexaware Technologies Ltd., (LOA No. SEEPZ-SEZ/HTL/05/2011-12 dated 19.04.2012 (As amended) ) Agenda approved. Approval letter is issued to the Unit on 26.05.2025. Agenda Item No. 05 Application for capacity enhancement(M/s. Hexaware Technologies Ltd., (LOA No. SEEPZ- SEZ/MIDC-SEZ/HTL/61/2018-19 dated 06.07.2018) Agenda Deferred. Letter is issued to the Unit on 26.05.2025

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 on 07.04.2025 by M/s. Hexaware Technologies Ltd., (LOA No. SEEPZ-SEZ/MIDC- SEZ/HTL/61/2018-19 dated 06.07.2018 (As amended) located at MIDC – SEZ, Pune for approval of Revision in Projections. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for Revision in Projection in terms of Rule 19(2) of SEZ Rules, 2006 as detailed below: c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per 1st proviso to Rule 19(2) of SEZ Rules, 2006 “Provided that the Approval Committee may also approve proposals for broadbanding, diversification, enhancement of capacity of production, change in the items of manufacturing or service capacity, if it meets the requirements of rule 18”. d. Other Information: - Previous issue: During the meeting held on 09.05.2025, the committee sought clarification for the sudden drastic increase in the Indigenous services projections which is approximately 921.94% of the current approved projections. The justification/clarification provided by the Unit representative was not satisfactory. Hence, the committee directed the unit representative to re-verify the proposal for revision in projection of Indigenous services submitted by them. Justification after re-verifying the proposal for revision in projection: Detailed explanation is as under: Hexaware Technologies Limited (Unit 3) is procuring the Information Technology Software and consulting services from Mobiquity Softech Pvt. Ltd. located at Hyderabad and Softcrylic Technology Solutions India Pvt. Ltd., located at Chennai. Both the units are located in Domestic Tariff Area (DTA). Mobiquity is a digital consultancy that focuses on helping businesses design and deliver digital products and services. Mobiquity’s expertise includes digital strategy, experience design, product engineering, cloud services and analytics. They are known for leveraging AWS tools and services to build cloud – native solutions. It was acquired by Hexaware Technologies and operates as a subsidiary. Hexaware Technologies Ltd. Pune (Unit 3) provide services directly to their overseas customers. However, for certain services provided to their overseas customers, they procure services from Mobiquity Softech Pvt. Ltd. (MSPL) and Softcrylic Technology Solutions India Pvt. Ltd., (STSIPL) as these entities have the requisite subject expertise in the field of AWS, AI, banking etc. In view of the procurement of services from Mobiquity and Softcrylic by their SEZ Unit, there has been a significant increase in the cost for which they requested for approval of revision in projection for indigenous services.

JDC office vide Mail dated 26.07.2025 & 28.07.2025 had called for a verification report from the Specified Officer on the Justification given by the unit vide their letter dated 26.06.2025. The verification report from SO is awaited. Specific Issue on which decision of Approval Committee is required: Approval of the Committee for Revision in Projection in terms of Rule 19(2) of SEZ Rules, 2006 as detailed below: Investment Projections: (Rs. In Crores) Sr. No. Particulars Approved projection for current Block Period of 05 Years (FY 32024-25 to FY 2028-29) Revision in Projections for the balancer 4 years of the Block Period (FY 2025-26 to FY 2028-29) 03 Indigenous Services 21.06 110.00

Total 21.06 110.00 Existing Approved Projection for the current Block Period of 05 Years (FY 2024-25 to FY 2028-29) :
(Rs. In Crores)

2024-25 2025-26 2026-27 2027-28 2028-29 Total INR in Cr.

Total In USD in ‘000) 01 FOB value Of Exports 89.62 98.58 108.44 119.28 131.21 547.12 63,878 02 FE Outgo 2.49 2.70 1.85 1.55 1.55 10.14 1,184 03 NFE 87.13 95.88 106.59 117.73 129.65 536.98 62,694 Proposed Revision in Projection – (Rs. In Cr.)

2024-25 (Actual) 2025-26 (Revised) 2026-27 (Revised) 2027-28 (Revised) 2028-29 (Revised) Total INR in Cr. Total In USD in ‘000) 01 FOB value Of Exports 213.63 224.31 235.52 247.30 259.66 1180.42 137820 02 FE Outgo 38.45 40.38 42.39 44.51 46.74 212.47 24808 03 NFE 175.17 183.93 193.13 202.79 212.92 967.95 113012 Proposed Employment: Particulars Approved projection for current block period of 05 years Revised Projections for the current block period Employment 885 (Male-585, Women-300) 2228 (Male-1503, Women- 725) Reason for Increase in Employment: Due to business growth, the SEZ Unit has proposed increase in the employment from 885 to 2228 and proposed increase in export revenue from Rs. 547.11 Crores to 1180.42 Crores. To achieve these projected revenue and employment, the SEZ Unit requires the enhancement in the indigenous service procurement value.

Other Information: M/s Hexaware Technologies Ltd., (LOA No. SEEPZ-SEZ/MIDC- SEZ/HTL/61/2018-19 dated 06.07.2018 (As amended)) Location: 3RD Floor of North Wing, 1 st & 2nd Floor of South Wing in the Premises of Co-Developer – Hexaware Technologies Ltd., MIDC-SEZ, Plot No. 19, Rajiv Gandhi Infotech Park, Phase III, MIDC-SEZ, Pune 411057. DCP – 03.05.2019 LOA Valid upto – 02.05.2029 Copy of Revised Form F3 Filed on SEZ online vide Request ID No. 422500076563 Copy of Board Resolution for authorization to the signatory Copy of Form F1 filed during the renewal of LOA for 2nd Block Period Copy of LOA List of Indigenous Services as an Annexure. e. Recommendation: The Approval Committee may kindly consider for revision of Projection for the current Block i.e FY 2024-25 to FY 2028-29, in terms of Rule 19(2) of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2012-13 213.95 04.13

0.00 3.79 1.20 0.00 2013-14 12.77 0.00 0.21 0.00 2014-15 24.58 0.00 0.11 0.18 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. Hexaware Technologies Ltd., a IT/ITES Enabled Services located at MIDC- SEZ, Phase-III for 2, Block Periods i.e. FY 2012-13 to FY 2021-22 & 02 Years (F.Y 2022-23 & F.Y. 2023-24) of 3rd Block period i.e. 2022-23 to 2026-27. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years of 1st Block Period from FY 2012-13 to FY 2016-17 5 years of 2nd Block Period from FY 2017-18 to FY 2021-22 2 years of 3rd Block Period from FY 2022-23 to FY 2026-27 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 2012-13 To 2016-17 Approved Projections: (Rs. In Cr.)

FY 2012-13 to FY 2016-17 FOB Value of Exports 213.95 FE Outgo 025.44 NFE 188.51 Performance as compared to projections: (Rs. In Cr.)

2015-16 48.80 0.00 0.00 0.00 0.00 2016-17 59.43 0.00 0.79 0.00 TOTAL 213.95 149.71 0.00 0.00 3.79 2.31 0.18 Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2017-18 417.36 77.43

0.00 0.00 1.36 0.81 0.00 2018-19 80.34 0.00 0.16 0.00 2019-20 81.45 0.00 0.00 0.00 2020-21 45.16 0.00 0.00 0.74 2021-22 58.12 0.00 0.00 13.39 TOTAL 417.36 342.50 0.00 0.00 1.36 0.97 14.13 Cumulaive NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2012-13 4.01 97.10 % 2013-14 16.64 98.46 % 2014-15 40.89 98.58 % 2015-16 89.54 99.18 % 2016-17 148.73 99.35 % Performance as compared to projections: for 2nd Block Period FY 2017-18 To 2021-22 Approved Projections: (Rs. In Cr.)

FY 2017-18 to FY 2021-22 FOB Value of Exports 417.36 FE Outgo 9.04 NFE 408.32 Performance as compared to projections: (Rs. In Cr.) Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2017-18 77.25 99.60 % 2018-19 157.14 99.59 % 2019-20 238.26 99.60 % 2020-21 282.35 99.28 % 2021-22 326.76 95.40 % Performance as compared to projections: for 02 Years of 3rd Block Period i.e. FY 2022-23 to 2023-24 (3rd Block Period FY 2022-23 to FY 2026-27) Approved Projections: (Rs. In Cr.)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 74.81 86.48 0.00 0.00 1.16 0.12 7.51 2023-24 97.34 117.35

0.00 20.73 TOTAL 172.15 203.83 0.00 0.00 1.16 0.12 28.24

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB value of export 74.81 97.34 100.74 101.97 105.65 480.50 FE outgo 19.55 21.50 23.64 26.01 28.59 119.30 NFE 55.26 75.83 77.09 75.96 77.06 361.20 Performance as compared to projections: (Rs. In Cr.) Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 78.75 91.07 % 2023-24 175.18 85.94 % Employment Achievement:

Approved Achieved Men 275 166 Women 129 072 Total 404 238

LOA No. & Date SEEPZ-SEZ/HTL/04/2011-12/5564 DATED 19.04.2012 (Original LOA) Location of Unit 2nd Floor, Amenity Area of North Wing, Plot No.19, Rajiv Gandhi Infotech Park, Phase III, Hinjewadi, Pune 411057. Validity of LOA 01.07.2027 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 02.07.2012 Execution of BLUT Rs. 41.76 Crores. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement

Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Projected employment for the block period No. of employees as on 31.03.2024 238 (Men-166, Women-72) Area allotted (in sq.ft.) 92,791 Sq. ft

Area available for each employee per sq.ft. basis (area / no. of employees) 389.88 Sq. ft Investment till date

Building

Plant & Machinery 5.62 Crores 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 30.06.2025 has reported as detailed below: EXPORT 1st Block Period 201-13 to 2016-17 (Rs. in Cr) Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2012-13 4.13 4.13 0 Data for the period is not available in Trade data reports as such data taken from the Softex filed physically for the relevant period for the subject comparison. 2013-14 12.77 12.77 0 2014-15 24.58 24.58 0 2015-16 48.80 48.80 0 2016-17 59.43 59.43 0 2nd Block Period 2017-18 To 2021-22 (Rs. in Cr) Year/Period Figures reported in APR Figures as per Softex/Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2017-18 77.43 76.42 1.01 Exchange Rate Variation

Exchange Rate Variation

2018-19 80.34 80.05 0.29 2019-20 81.45 81.54 (-)0.09

2020-21 45.16 44.67 0.49 Exchange Rate Variation

2021-22 58.12 57.56 0.56 Exchange Rate Variation

3rdBlock Period 2022-23 To 2026-27 (Rs. in Cr) Year/Period Figures reported in APR Figures as per Softex/Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2022-23 86.48 79.32 7.16 Dec., 22 Softex data worth Rs. 6.62 Crores not avail in Trade data & Rs. 0.54 Crores due to change in foreign exchange rate. 2023-24 117.35 86.18 31.17 Onsite exports worth Rs.30.23 Crores are not in Trade data and Rs. 0.94 Crores due to change in foreign exchange rate. IMPORT(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.)

1st Block Period 2012-13 To 2016-17 (Rs. in Cr) 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) 2012-13 0.90 0.90 -*

2013-14 0.21 0.21

2014-15 0.11 0.11

2015-16 0 0

2016-17 0.71 0.71

2nd Block Period 2017-18 To 2021-22 (Rs. in Cr) 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) 2017-18 3.35 3.35 0

Date of Acceptance BLUT Amount 26.04.2012 00.93 25.05.2016 01.09 27.08.2019 02.15 06.09.2022 37.59 Total 41.76

2018-19 1.59 1.59 0 2019-20 0 0 0 2020-21 0 0 0 2021-22 0 0 0

3rdBlock Period 2022-23 To 2026-27 (Rs. in Cr) 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) 2022-23 0.12 0.12 0

2023-24 0.00 0.00 0 BLUT (Rs in Cr) 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

Total Duty Foregone on goods & services procured Category Wise:

Year Wise:

FY Goods (Imported& Indigenous) Rs in Lakhs Services (Imported) Rs in Lakhs Services (Indigenous) Rs in Lakhs 12-13 0.18 0.00 0.00 13-14 0.03 0.00 0.00 14-15 0.02 0.00 0.00 15-16 0.00 0.00 0.00 16-17 0.22 0.00 0.00 17-18 0.15 0.00 0.00 18-19 0.25 0.00 0.00 19-20 0.14 0.04 0.00 20-21 0.02 0.62 0.00 21-22 0.30 1.02 0.00 22-23 0.09 2.52 0.00 23-24 0.34 2.06 0.00 Total 1.74 6.26 0.00

3 Has the Unit procured goods and or services without having sufficient balance in their BLUT, If Yes, Month & year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No (d) Employment made as on date (31.03.2024) (as on end of block period/ year up to which monitoring is being done) The unit submitted the total manpower (direct and indirect) as on 31-03-2024. Male - 166 Female - 072 Total - 238 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 (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. Block 1 : Yes Block – 2 : September 2021 Softex certification awaited (Not seen in Deficiency, hence taken up with NSDL team). Block – 3 : Softex forms certification pending for Nov., 2022, Jan., 2023 to May, 2023, Jan., 24 & March, 2024 for want of Gist of Contracts. (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 (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 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 No (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. No

e. Recommendation: The Unit has achieved export revenue of Rs. 149.71 Crores as against the projected export of Rs. 213.95 Crores and achieved positive NFE of Rs. 148.73 Crores which is 99.35 % on cumulative basis in 1st Block Period i.e. FY 2012-13 To 2016-17. The Unit has achieved export revenue of Rs. 342.50 Crores as against the projected export of Rs. 417.36 Crores and achieved positive NFE of Rs. 326.76 Crores which is 95.40 % on cumulative basis i n 2nd Block Period i.e. FY 2017-18 To 2021-22. The Unit has achieved export revenue of Rs.203.83 Crores as against the projected export of Rs. 172.15 Crores and achieved positive NFE of Rs. 175.18 Crores which is 85.94 % on cumulative basis in first 2 years in 3rd Block Period i.e. FY 2022-23 to 2026-27 As per SO report the unit has achieved employment of 238 employees (Men-166, Women-72) The Unit is required to submit updated APRs with correct amortization amount and NFE during the monitoring period. Approval committee may kindly monitor the performance of the Unit for

5 years of 1st Block Period from FY 2012-13 to FY 2016-17
5 years of 2nd Block Period from FY 2017-18 to FY 2021-22
2 years of 3rd Block Period from FY 2022-23 to FY 2023-24 in terms of Rule 54 of SEZ Rules, 2006.

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2021-22 0.97 101.06 0.00 0.00 12.35 1.20 5.25 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. Infosys BPM Ltd., an IT/ITES unit located in MIDC-IT-ITES-SEZ, Hinjawadi, Phase III, Pune, for 01 year i.e. FY 2021-22 out of 1st block period of 5 years (i.e. 2017-18 to 2021-22) & 02 Years i.e. FY 2022-23 & FY 2023-2024, of 2nd Block Period (FY 2022-23 to FY 2026-27) b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 01 year i.e. FY 2021-22, out of 1 st block period of 5 years (i.e. 2017- 18 to 2021-22) & 02 Years i.e. FY 2022-23 & FY 2023-2024, of 2 nd Block Period (FY 2022-23 to FY 2026-27) in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules” d. Other Information: - Approved projections

2017-18 2018-19 2019-20 2020-21 2021-22 TOTAL FOB Value of Export 2.77 16.80 49.41 84.18 96.51 249.67 FE Outgo 2.15 7.47 21.03 28.72 31.67 91.04 NFE 0.62 9.33 28.38 55.46 64.84 158.63

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

Cumulative NFE achieved: FY 2020-21 (Rs. in Crores)

Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 283.76 17. % Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 100.92 107.13 0.00 0.00 9.11 0.47 11.88 2023-24 104.69 100.27 0.00 0.22 14.27

205.61 207.40 0.00 0.00 9.11 0.69 26.15 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 94.81 88.50 % 2023-24 180.35 86.96 %

Approved projections (Rs. In Crores)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB Value of Export 100.92 104.69 108.52 112.41 116.43 542.97 FE Outgo 13.15 13.61 14.08 14.56 15.06 70.47 NFE 87.77 91.08 94.44 97.85 101.37 472.50

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

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

Other Information:

LOA No. & Date SEEPZ-SEZ/MIDC-SEZ/IBL/57/ 2015-16 dated 30.03.2016 Location of Unit Ground Floor, Juniper Building, International Tech Park, Plot No. 18, Rajiv Gandhi Infotech Park, Hinjawadi, Phase III, Pune 411057 Validity of LOA 31.03.2027 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.04.2017 Execution of BLUT 14.06.2022 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 a. Projected employment for the block period b. No. of employees as on 31.03.2024 900 (Men – 558 Women – 342)

918( Men – 505, Women – 413) Area allotted (in sq.ft.) 66,036.59 sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 73.37 sq. ft. Investment till date

Building NA Plant & Machinery Rs. 10.00 Crore. Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period

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

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

Yes

Vide PUC, the Specified Officer vide letter dated 26.08.2025 has submitted a report in the prescribed format along with point-wise reply to the discrepancies as follows:-

EXPORT- (Rs. in Crores and USD in Millions) Year/ Period Figure as per APR (Offsite + Onsite) Figure as per Softex /SB/Customs Record (INR) Difference if Any Reason for Difference/Remark in INR as conveyed by the unit Reason for Difference/Remark in USD as conveyed by the unit

INR USD INR USD INR USD INR USD 1 2 3 4 5 6 = 2-4 7 = 3-5 8 9

2021- 22 101.06 13.56 78.14 10.48 22.92 3.08 Onsite : Rs. 1.08 Crs. (+) Exports [DTA sale in FC- Rule53(A) (a) to (k) ] 22.45 Crs. (-) Credit Notes 0.61 Crs. Onsite : Rs. 0.15 Mn (+) Exports [DTA sale in FC- Rule53(A) (a) to (k) ] 3.01 Mn (-) Credit Notes 0.08 Mn. 2022- 23 107.13 13.30 77.41 9.61 29.72 3.69 Onsite : Rs. 0.87 Crs. (+) Exports [DTA sale in FC- Rule53(A) (a) to (k) ] 28.85 Crs. Onsite : Rs. 0.11 Mn (+) Exports [DTA sale in FC- Rule53(A) (a) to (k) ] 3.58 Mn. 2023- 24 100.27 12.11 76.57 9.25 23.70 2.86 Exports [DTA sale in FC-Rule53(A) (a) to (k) ] 23.70 Crs. Exports [DTA sale in FC-Rule53(A) (a) to (k) ] 2.86 Mn. *USD rate for FY 2021-22: 74.53, 2022-23: 80.52 & 2023-24: 82.78 IMPORT
Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis(Rs. In Crores and USD in Millions) Year/Period Figures as per APR Figures as per Customs Records ? Bond register (INR) Difference if any Reason for Difference/Remark in INR as conveyed by the unit INR USD INR USD INR USD

(1) (2) (3) (4) (5) (6) = (2) –( 4) (7) = (3) – (5) (8) 2021-22 1.20 NA 1.20 NA 0.00 0.00 NA 2022-23 0.52 NA 0.52 NA 0.00 0.00 NA 2023-24 0.18 NA 0.18 NA 0.00 0.00 NA Raw material(Rs. In Crores and USD in Millions) Year/Period Figures as per APR Figures as per Softex/SB / Customs Records (INR) Difference if any Reason for Difference/Remark in INR as conveyed by the unit INR USD INR USD INR USD

(1) (2) (3) (4) (5) (6) = (2) – (4) (7) = (3) – (5) (8) 2021-22 0.00 0.00 0.00 0.00 0.00 0.00 NA 2022-23 0.00 0.00 0.00 0.00 0.00 0.00 NA 2023-24 0.00 0.00 0.00 0.00 0.00 0.00 NA

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

Value of Additional BLUT executed (22.06.2020) Value of Additional BLUT executed (14.06.2022)

TOTAL value of BLUT Executed: in Crore F.No. SEEPZ-SEZ/MIDC-SEZ/IBL/57/2015- 16/03842 dated 30.03.2016 Rs. 4.03 Crores

Rs.10.00 Crores Rs.12.01 Crores

Rs.26.04 Crores 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. FY Goods (Imported & Indigenous) [Rs. in Crores] Services [Rs. in Crores] 2021-2022 0.54 1.62 2022-2023 0.22 3.14 2023-2024 0.11 2.31 Total 0.87 7.07 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT? If yes, Month & Year when the BLUT was exhausted Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No.

(d) Employment made as on date (As on end of block period / year up to which monitoring is being done) (March 2024) Gender As per the LOA (Form F) As on 31-03- 2024 Men 558 505 Women 342 413 Total 900 918 (e) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31st March, 2024) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. Rs.36.16 Crores Letter to AD bank dated 14.11.2023 for extension of time limit is attached for ready reference.

(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. Yes. (h) Whether unit has filed any request for Cancellation of Softex Yes, Softex request id nos. 142200204694 & 142200257990. Cancellation is done in NSDL. (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 infrastructures 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. All the filed DSPFs have been 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 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 No.

(q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring No

e. Recommendation: The unit has achieved export revenue of Rs. 101.06 Crores as against projected export of Rs. 0.97 Crores & NFE achieved Rs. 283.76 Crores i.e. 95.17 % in fifth year of first block period. The unit has achieved export revenue of Rs. 207.40 Crores as against projected export of Rs. 205.61 Crores & NFE achieved Rs. 180.35 Crores i.e. 86.96 % in Two years of Second block period. Unit has achieved employment of 918 employees against projected 900 employees. Approval Committee may like to monitor the performance of the Unit for 01 year of 1st block period i.e. FY 2021- 22, & 02 Years i.e. 2022-23 & 2023-24 of 2nd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Monitoring of the performance of M/s Veritas Software Technologies India Pvt Ltd for 4 years of 1st Block (FY 2020-21 to FY 2023-24) b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 4 years from 2020-21 to 2023-24 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules”. d. Other Information: - Original Approved Projections: (1st block Period) (Rs. In Cr.) Year 2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB Value of Exports 20.32 84.60 90.08 101.60 113.86 410.46 FE Outgo 21.38 38.16 35.41 36.88 38.42 170.25 NFE achieved -1.06 46.44 54.67 64.72 75.44 240.21

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 2020-21 20.32 35.81 0.00 0.00

190.75 111.97 2.74 2021-22 84.60 77.12 10.84 2.59 2022-23 60.08 76.16

21.25 2.80 2023-24 101.60 81.13

27.39 2.64 Total 266.60 270.22 0.00 0.00 190.75 171.45 10.77

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 21.87 61.07 % 2021-22 84.12 74.48 % 2022-23 143.07 75.66 % 2023-24 204.42 75.65 %

Employment: (As per APR)

Projected Employment Achieved Employment Men 08 * Women 02 * Total 10 *

The unit has informed that since Nxtra SEZ being a data center unit there is a minimum manpower requirement, and the data center activities at Nxtra SEZ unit are outsourced to a third party and hence there are no employees tagged at Nxtra SEZ location and that broadly the management who takes care of overall management of the company includes STP, Non STP and SEZ units. The said management is already tagged in STP registration and hence current employment in SEZ is zero.

Other Information:

LOA No. & Date LOA No SEEPZ-SEZ/MIDC- SEZ/VSTIPL/74/2019-20/82813 DATED 06.02.2020. Location of Unit Plot No. 13/10A & Plot No. 28, RGIP, MIDC- SEZ, Phase III, Hinjewadi, Pune- 411057. Validity of LOA 23.09.2025 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 24.09.2020 Execution of BLUT Rs. 102.07 Cr. (Taken from SO Report) Outstanding Rent dues NA

Labour Dues NA Validity of Lease Agreement 30.03.2025 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 0*(Men- 0, Women- 0)0 (08 – Men,

The unit has informed that since Nxtra SEZ being a data center unit there is a minimum manpower requirement, and the data center activities at Nxtra SEZ unit are outsourced to a third party and hence there are no employees tagged at Nxtra SEZ location and that broadly the management who takes care of overall management of the company includes STP, Non STP and SEZ units. The said management is already tagged in STP registration and hence current employment in SEZ is zero. Area allotted (in sq. ft.) 5976.00 Sq. ft Area available for each employee per sq.ft. basis (area / no. of employees) 0 Sq. Ft. Investment till date

Building NA Plant & Machinery 287.17 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. No.

F.Y. Dt. Of Filing Dt. Of Submi- -ssion Delay in No. of Months & Days 20- 21 31.12.21 31.12.21 No Delay 21- 22 30.09.22 5.1.23 03 months & 05 days (97 days) 22- 23 30.09.23 19.1.024 03 months & 19 days (111 days) 23- 24 30.09.24 10.3.25 05 months & 10 days (161 days)

The Specified Officer report vide letter dated 09.09.2025 has reported as detailed below: EXPORT- (Rs. in Crores and USD in Millions) Year/ Period Figure as per APR Figure as per SERF Difference if Any Reason for Difference/Remark in INR as conveyed by the unit Reason for Difference/Remark in USD as conveyed by the unit

INR USD INR USD INR USD

1 2 3 4 5 6 = 2-4 7 = 3- 5 8 9

2020-21 35.81 5.68 3.46 0.55 32.35 5.13 Transactions in case of 9 invoices were missed while filing SERF for respective months. Transactions in case of 9 invoices were missed while filing SERF for respective months. 2021-22 77.12 10.26 77.12 10.26 0 0

2022-23 76.16 9.26 74.21 9.02 1.95 0.24 Transactions in case of 2 invoices of April 23 were mistakenly reported in APR for FY 2022-23 and SERF of April 23 Transactions in case of 2 invoices of April 23 were mistakenly reported in APR for FY 2022-23 and SERF of April 23 2023-24 81.13 9.73 76.53 9.18 4.60 0.55 1. Dec 23 two invoice transactions were missed while filing SERF for Dec 23 and it was filed Nil. 2.Two invoice transactions of April 23 were mistakenly reported in APR for FY 2022-23 and SERF of April 23"

Dec 23 two invoice transactions were missed while filing SERF for Dec 23 and it was filed Nil 2.Two invoice transactions of April 23 were mistakenly reported in APR for FY 2022-23 and SERF of April 23" IMPORT
Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis (Rs. in Crores and USD in Millions) Year/Period Figures as per APR Figure as per Softex Difference if any Reason for Difference/Remark in INR as conveyed by the unit INR USD INR USD INR USD

(1) (2) (3) (4) (5) (6) = (2) –( 4) (7) = (3) – (5) (8) 2020-21 111.97 17.76 0 0 111.97 17.76 The unit is supplying services to STP location and hence considered as deemed export and doesn’t reflects in Softex. APR has been provided by the unit. 2021-22 122.81 16.34 0 0 122.81 16.34 2022-23 144.20 17.53 0 0 144.20 17.53 2023-24 172.13 20.64 0 0 172.13 20.64 Raw material(Rs. In Crores and USD in Millions) Year/Period Figures as per APR Figures as per SERF Difference if any Reason for Difference/Remark in INR as conveyed by the unit INR USD INR USD INR USD

(1) (2) (3) (4) (5) (6) = (2) – (4) (7) = (3) – (5) (8) 2020-21 0.00 0.00 0.00 0.00 0.00 0.00 NA 2021-22 0.00 0.00 0.00 0.00 0.00 0.00 NA 2022-23 0.00 0.00 0.00 0.00 0.00 0.00 NA 2023-24 0.00 0.00 0.00 0.00 0.00 0.00 NA BLUT 1 Value of BLUT Executed (Duty foregone) (including CG / Raw Material / Services) Value of Additional BLUT executed TOTAL value of BLUT Executed: in Crore F.No. SEEPZ.SEZ/MIDC- SEZ/ VSTIPL/74/2019-20/2813 dated 6 February 2020 NA Rs. 102.08 Crore 2 Total Duty Foregone on goods & services procured (Category-wise BLUT value utilized separately for imported and indigenous goods and services) This should be based on BLUT worksheet which provides for estimated value and duty foregone separately for each category of procurement. FY Goods (Imported & Indigenous) [Rs. in Crores] Services [Rs. in Crores] 2020-21 24.88 0.00 2021-22 4.58 5.98 2022-23 9.80 3.94 2023-24 7.97 4.53 Total 47.23 14.45 3 Has the Unit procured goods and or services without having sufficient balance in their BLUT? If yes, Month & Year when the BLUT was exhausted . Details of the consignments and Total value of Goods procured without having sufficient or nil balance in BLUT No.

(d) Employment made as on date (As on end of block period / year up to which monitoring is being done) (March 2024) Gender As per the LOA (Form F) As on 31-03- 2024 Men 8 0* Women 2 0* Total 10 0*

The unit has informed that since Nxtra SEZ being a data center unit there is a minimum manpower requirement, and the data center activities at Nxtra SEZ unit are outsourced to a third party and hence there are no employees tagged at Nxtra SEZ location and that broadly the management who takes care of overall management of the company includes STP, Non STP and SEZ units. The said management is already tagged in STP registration and hence current employment in SEZ is zero.

(e) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31st March, 2024) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. NA (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. NA (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. NA (h) Whether unit has filed any request for Cancellation of Softex NA (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) NA (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 infrastructures 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. 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 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 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 No

(q) Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring No

e. Recommendation: The unit has achieved export revenue of Rs. 270.22 Cr. against the projected export of Rs 266.60 Cr during 4 years of 1st Block period i.e FY 2020-21 to 2023-24. The unit has achieved positive NFE of Rs. 204.42 Cr. i.e., 75.65 % in FY 2023-24 on cumulative basis. The unit has achieved employment of 0 (Men-0, Women-0). SO in his report dated 09.09.2025 has given the reason which is given as - The unit has informed that since Nxtra SEZ being a data center unit there is a minimum manpower requirement, and the data center activities at Nxtra SEZ unit are outsourced to a third party and hence there are no employees tagged at Nxtra SEZ location and that broadly the management who takes care of overall management of the company includes STP, Non STP and SEZ units. The said management is already tagged in STP registration and hence current employment in SEZ is zero. It has been observed that Unit has not filed APRs within stipulated time except one year. Details of their delay in filing is as mentioned below: Year Due Date of Filing Actual Date Of Filing in SEZ Online Delay in Filing (No Of Days) 2020-21 31.12.2021 (extended) 31.12.2021 No Delay 2021-22 30.09.2022 05.01.2023 97 days (3 months 5 days) 2022-23 30.09.2023 19.01.2024 111 days (3 months 19 days) 2023-24 30.09.2024 10.03.2025 161 Days (5 months 10 days) SCN may be issued to the Unit for delay in filing of APRs. Approval committee may kindly monitor the performance of the Unit for 4 years from 2020-21 to 2023-24 of 1st Block period, in terms of Rule 54 of SEZ Rules, 2006.

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