11/09/2025 — 09-5-manjri-stud-farm-sez

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. MANJRI STUD FARMS. -SEZ

DATE : 12.09.2025

TIME : 11:00 A.M.

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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 lease out the built-up space to vendor for setting up Food Court Stall submitted by M/s. The Manjri Stud Farm Private Limited (Developer)
Agenda Item No. 04: - Application for Merger of LOAs of their 3 existing units submitted by M/s. M/s. Konecranes and Demag Pvt Ltd.

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मेसस मांजरी टड फाम-एसईजेड,, एसईजेड, पुणे, आईटी/आईटीईएस े आथक िवशेष िवश सेटर के, का जोनल िवकास आयु$ क% अ'यता म), सी*झ एसईजेड, मुंबई म) िद 29.07.2025 को आयो.जत 106 वी अनुमोदन सिम/त क% बैठक का कायवृ3। 1 एसईजेड का नाम मेसस मांजरी टड फाम-एसईजेड, एसईजेड 2 सेटर आईटीआईटीईएस/ 3 बैठक 5मांक 106 वी 4 तारीख 29.07.2025

उप8 थत सद य

नाम और पदनाम (एस/:ी.)
िवभाग 1 :ीमती िमतल िहरेमठ संयु$ िवकास आयु$ पुणे > टर एसईजेड, पुणे 2 :ी अभनव राठी उप आयु$, आयकर िवभाग आयकर िवभाग से नािमत 3 :ी संजीव पािटल, उ?ोग अ/धकारी महाराA सरकार से नािमत 4 :ी. मंचक जाधव, उप-ेीय अ/धकारी महाराA Cदूषण िनयंण बोड से नािमत 5 :ीमती पुEपा गंगावणे, एफटीडीओ पुणे डीजीएफटी िवभाग से नािमत 6 :ी Cशांत रोहणेकर, अधीक सीमा शुGक िवभाग पुणे नािमत िवशेष आमंित 5मांक न. नाम और पदनाम (एस/:ी.)
िवभाग 1 :ी शभू दयाल मीना, िविनHद अ/धकारी सी*ज़-एसईज़ेड, पुणे > टर एज)डा िवषय 5 01 : िद 09.05.2025 को आयो.जत 105 वJ बैठक के कायवृ3 क% पुि । िवचार-िवमश के बाद, सिम/त ने 09.05.2025 को आयो.जत 105 वJ अनुमोदन सिम/त क% बैठक के कायवृ3 क% पुि क%। एज)डा िवषय 5 02: 09.05.2025 को आयो.जत 105 वJ बैठक के कायवृ3 के Kलए क% गई कारवाई Lरपोट । िवचार-िवमश के बाद, सिम/त ने 09.05.2025 को आयो.जत बैठक के Kलए क% गई कारवाई Lरपोट नोट क% है। एडीसी ने सू/चत िकया है िक मैसस मांजरी टड फाम एसईजेड म) कोई भी एज)डा लंिबत नहJ है। एज)डा िवषय 5 03: मैसस डMGयूएनएस बीपीएम अमेLरकाज एलएलसी Nारा पOा िवलेख क% C तु/त म) िव तार हेतु अनुमोदन के Kलए आवेदन"| िवचार-िवमश के बाद, सिम/त ने एसईजेड िनयम, 2006 के िनयम 18(2)(ii) के दूसरे Cावधान के अनुसार पंजीकृत पOा िवलेख C तुत करने के Kलए 6 महीने के िव तार को मंजूरी दे दी। अ'य को धPयवाद Qापन के साथ बैठक समाR हुई।

Minutes of the 106th Meeting of the Approval Committee meeting held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic Zone for IT/ITES of M/s. The Manjri Stud Farm-SEZ, Pune held on 29.07.2025. 1 Name of the SEZ M/s. The Manjri Stud Farm Pvt. Ltd.-SEZ 2 Sector IT/ITES 3 Meeting No. 106th
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 Shabhu Dayal Meena, Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No. 01: Confirmation of the Minutes of the 105th Meeting held on 09.05.2025 After deliberation, the Committee confirmed the minutes of the 105 th Approval Committee meeting held on 09.05.2025. Agenda Item No. 02: Action taken report for the Minutes of the 105 th meeting held on 09.05.2025 After deliberation, the Committee has noted the Action taken report for the meeting held on 09.05.2025 ADC has informed that there are no agendas pending r/o M/s Manjri Stud Farm SEZ Agenda Item No. 03: Application for Approval for extension in submission of Lease Deed submitted by M/s. WNS BPM Americas LLC. After deliberation, the committee approved the extension of 6 months for submission of Registered Lease Deed, in terms of 2nd Proviso to Rule 18(2)(ii) of SEZ Rules,2006. Meeting ended with a vote of thanks to the Chair.

(QानेSर 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 13:20:55 IST % DSUnknown q 1 G 1 g 0.1 0 0 0.1 9 0 cm 0 J 0 j 4 M []0 d 1 i 0 g 313 292 m 313 404 325 453 432 529 c 478 561 504 597 504 645 c 504 736 440 760 391 760 c 286 760 271 681 265 626 c 265 625 l 100 625 l 100 828 253 898 381 898 c 451 898 679 878 679 650 c 679 555 628 499 538 435 c 488 399 467 376 467 292 c 313 292 l h 308 214 170 -164 re f 0.44 G 1.2 w 1 1 0.4 rg 287 318 m 287 430 299 479 406 555 c 451 587 478 623 478 671 c 478 762 414 786 365 786 c 260 786 245 707 239 652 c 239 651 l 74 651 l 74 854 227 924 355 924 c 425 924 653 904 653 676 c 653 581 602 525 512 461 c 462 425 441 402 441 318 c 287 318 l h 282 240 170 -164 re B Q

Action Taken for Approval Committee held on 29-07-2025 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 105th Meeting held on 09-05-2025 After deliberation, the Committee confirms the minutes of the meeting held on 09.05.2025 Agenda Item No. 02 Failure to submit Registered Lease Deed(M/s. WNS BPM Americas LLC) Approval letter is issued to the Unit on 14.08.2025.

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

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Proposal dated 29.08.2025 submitted on 02.09.2025 by M/s. The Manjri Stud Farm Private Limited (Developer) located SP Infocity, Pune-Saswad Road, Fursungi, Pune-412308 for approval to lease out the built-up space to vendor for setting up canteen facility in SEZ premises. b. Specific Issue on which decision of AC is required: -
Approval of the committee to lease out the built-up space to vendor for setting up Food Court Stall in SEZ premises, as detailed below, in terms of Rule 11 (5) of SEZ Rules, 2006, as detailed below:

Name of the Vendor Activity Location Area. M/s. Vajra Enterprises To operate and provide the food facility Counter No 9, in building 4B SEZ Food court 4th Floor. 90 Sq. Ft. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 11 (5) of SEZ Rules, 2006

“(5) The land or Build up space in the processing area or Free Trade and Warehousing Zone shall be given on lease only to the entrepreneurs holding valid Letter of Approval issued under Rule 19 and [the lese period shall not be less than five years but notwithstanding any other condition in the lease deed, the lease rights would cease to exist in case of the expiry or cancellation of the Letter of Approval:]

      PROVIDED that 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 centres, creche and such other facilities as may be required for the exclusive use of the Unit. d. Other Information: - M/s. The Manjri Stud Farm Private Limited (Developer) located SP Infocity, Pune-Saswad Road, Fursungi, Pune-412308 India has been granted Formal Approval bears No. F.2/91/2005-SEZ dated 06.11.2006. Further, The Developer has submitted that: There will be live cooking in above mentioned premises. The Developer has enclosed following document: Online Application No. 422500205562. Declaration of Annual Aggregate Turnover for Non- GST Billing Floor Layout

Final Fire No Objection Certificate by PMRDA dt 23.03.2018 Copy of Form B dated 14.07.2025 FSSAI license dated 14.08.2025 e. Recommendation: The approval committee may kindly consider the proposal of the Developer for approval to lease out the space to vendor for setting up canteen facility in SEZ premises, in terms of Rule 11 (5) of SEZ Rules, 2006.

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

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Proposal submitted by M/s. Konecranes and Demag Pvt Ltd, IT/ITES Units for Merger of LOAs of their 3 existing units located at The Manjri Stud Farm Private Limited – SEZ. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for merger of three LOAs of M/s. Konecranes and Demag Pvt Ltd. Units located at The Manjri Stud Farm Private Limited – SEZ., in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per the 4th proviso of Rules 19 (2) of SEZ Rules, 2006; “Provided also that the Approval Committee may also approve proposal for merger of Letter of approvals of two units of the same company or firm subject to the conditions that these Units falls within the same Special Economic Zone and after merger, Block Period for calculation of Net Foreign Exchange shall be from the date of commencement of production of Unit which commenced operation first and the Income tax exemption period shall be considered from the date start of operation of the first Unit.”
d. Other Information: - In view of the above M/s. Konecranes and Demag Pvt. Ltd. who are having 3 units within the same SEZ have submitted application for merger of the LOAs. Details of these 3 Units (Unit 1, 2 & 3) are as follows: (Rs. In Cr.) Sr. No Description Existing Approved Projections of Unit 1 Existing Approved Projections of Unit 2 Existing Approved Projections of Unit 3 Revised Project Post-Merger

LOA No. SEEPZ- SEZ/MTDCCL- SEZ/KSSIPL/21/2012- 13/7938 Dated 05.06.2012 SEEPZ- SEZ/MTDCC/SEZ/KSSIPL/21/2012- 13/7938 dated 13.08.2012 SEEPZ-SEZ/MSF- SEZ/KPL/21/2017- 18/00253 Dated 08.01.2018 SEEPZ- SEZ/MTDCCL- SEZ/KSSIPL/21/20 13/7938 D 05.06.2012

1. Area (Built up area) Sq. ft 14550 Sq. ft 7700 Sq. ft. 15,995.17 Sq. ft 38250 Sq. ft
2. Employment Men Women Men Women Men Women Men Women

100 33 220 40 96 33 451 109

133 260 129 560 3. Investment- Plant and Machinery

Indigenous Capital Goods 2.50 9.50 9.50 6.00

Imported Capital Goods 3.00 1.75 1.75 3.00

4. Input of Services

Indigenous Services 8.50 9.00 30.00 18.00

Imported Services 0.50 0.20 0.90 3.45

The LOA of unit 1 was renewed on 12.09.2022 for 3 rd block period (i.e. FY 2022-23 TO FY 2026-27) which will be considered for the purpose of calculation of Net Foreign Exchange, after the merger.

Approved Projections: (Unit 1 - 3rd Block Period)
(Rs. In Crores)

2022-23 2023-24 2024-25 2025-26 2026-27 Total FOB Value of Exports 17.00 17.50 18.00 18.50 19.00 90.00 FE Outgo 0.45 0.58 0.70 0.82 0.95 3.50 NFE 16.55 16.92 17.30 17.68 18.05 86.50

Comparison of Projection and Achieved Export: (Unit 1 - 3rd Block Period)
(Rs. In Crores)

Year EXPORT

Projected Actual 2022-23 17.00 25.71 2023-24 17.50 27.43 Total 34.50 53.14

Approved Projections: (Unit 2 – 3 rd Block Period) (Rs. In Crores)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL

FOB Value of Exports 72.99 77.37 82.02 86.94 92.15 411.47 FE Outgo 0.28 0.34 0.40 0.43 0.50 1.95 NFE 72.71 77.03 81.62 86.51 91.65 409.52

Comparison of Projection and Achieved Export: (Unit 2 - 3 rd Block Period) (Rs. In Crores)

Year EXPORT

Projected Actual 2022-23 72.99 53.95 2023-24 77.37 72.17 2024-25 82.02 77.57 Total

232.38

203.69

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

2023-24 2024-25 2025-26 2026-27 2027-28 Total FOB Value of Exports 22.30 23.40 24.60 25.80 26.40 122.50 FE Outgo 0.37 0.45 0.52 0.61 0.70 2.65 NFE 21.93 22.95 24.08 25.19 25.70 119.85

Comparison of Projection and Achieved Export: (Unit 3- 2nd Block Period) (Rs. In Crores) Year EXPORT

Projected Actual 2023-24 22.30 27.50 2024-25 23.40 24.43 Total 45.70 51.93

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

2022-23 (Actual) 2023-24 (Actual) 2024-25 (Actual) 2025-26 2026-27 Total FOB Value of Exports 25.71 27.43 35.72 148.37 155.79 393.02

FE Outgo 0.0097 0.50 0.80 2.54 2.60 6.45 NFE 25.70 26.93 34.92 145.83 153.19 386.57

Relevant Provisions: -
As per the 4th proviso of Rules 19 (2) of SEZ Rules, 2006; “Provided also that the Approval Committee may also approve proposal for merger of Letter of approvals of two units of the same company or firm subject to the conditions that these Units falls within the same Special Economic Zone and after merger, Block Period for calculation of Net Foreign Exchange shall be from the date of commencement of production of Unit which commenced operation first and the Income tax exemption period shall be considered from the date start of operation of the first Unit.”
Other Information: - M/s. Konecranes and Demag Pvt Ltd are having 3 units located at The Manjri Stud Farm Pvt Ltd-SEZ. In terms of 4th proviso to Rule 19(2) units with two or more LOAs of the same company and falling within the same SEZ can merge their LOAs with the approval of the Approval Committee and after merger the block period for calculation of NFE shall be from the date of commencement of production of the Unit which commenced operation first. In view of the above M/s. Konecranes and Demag Pvt Ltd., having 3 units located at The Manjri Stud Farm Pvt Ltd- SEZ have submitted their application for merger of all the units. Unit 1 was issued Letter of Approval No. SEEPZ- SEZ/MTDCCL-SEZ/KSSIPL/21/2012-13/7938 Dated 05.06.2012. Their date of Commencement of Business is 06.09.2012. Hence, post-merger Unit 2 and 3 and will not be operational and will be merged with Unit 1. The details of both the units are as detailed below:

LOA NO. and Date Date of Commence-ment LOA Valid upto Block Period Located at Area Sqft SEEPZ-SEZ/MTDCCL- SEZ/KSSIPL/21/2012-13/7938 Dated 05.06.2012 06.09.2012 05.09.2027 3rd Unit No 601, 6th Floor, Block 5C, The Manjri Stud Farm Pvt Ltd- SEZ, SP Infocity S. No 209, Pune – Saswad Road, Phursungi, Pune – 412308 14550 Sq. Ft. SEEPZ- SEZ/MTDCC/SEZ/KSSIPL/21/2012- 13/7938 04.12.2012 03.12.2027 3rd Unit No 602, 6th Floor, Block 5C, The Manjri Stud Farm Pvt Ltd- SEZ, SP Infocity S.No 209, Pune – Saswad Road, Phursungi, Pune – 412308. 7700 Sq. Ft

SEEPZ-SEZ/MSF-SEZ/KPL/21/2017- 18/00253 Dated 08.01.2018 15.10.2018 14.10.2028 2nd Unit No 603, 6th Floor, Block 5C, The Manjri Stud Farm Pvt Ltd- SEZ, SP Infocity S. No 209, Pune – Saswad Road, Phursungi, Pune – 412308. 15995.17Sq. Ft

Reason for Merger: The unit has intended to consolidate their operations under one unit instead of maintaining three separate units with separate books of accounts and records keeping, so that compliances, operations, administration, etc. can be handled effectively with the common team. Cost Optimization: All units shall be merged, thereby reducing operational and maintenance cost. The administration would be more effective due to consolidation as only one support team can take care of all admin-related activities. Better control and monitoring: It would be easier for operational team members to work effectively as a single team. This will help in faster and timely completion of projects. Ease of compliance: They are managing compliance of three separate SEZ units each month. Following the merger, they will be a unified compliance process for a single SEZ unit. Documents Enclosed The unit has submitted the following documents: a. Form F3 filed through SEZ Online System b. Copy of Board resolution. c. Copy of all LOA of both the units d. Revised Foreign Exchange Balance Sheet e. Copy of Form F1 submitted at the time of renewal of LOA of unit 1 f. Copy of all APR of Unit 1 g. List of imported and Indigenous capital goods h. List of imported and Indigenous e. Recommendation: As Date of Commencement of Unit 1 is 06.09.2012, upon merger of all the LOAs of the unit, the block period of Unit-1 will be considered for calculating NFE of the merged units i.e., FY 2022-23 to FY 2026-27. The Projections of Exports, NFE and Employment after Post merger of three of the units is higher than the projections approved by the units prior to merger. The Approval Committee may kindly consider the proposal of the units for merger of their LOAs, in terms of 4th proviso of Rule 19(2) of SEZ Rules, 2006.

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