IN FORCE SEZ / EOU / FTWZ 2025-12-31

Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 02nd January 2026. — 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 : 02.01.2026

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 02.01.2026 INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 31.10.2025 Agenda Item No. 02:- Action taken report for the Minutes of the meeting held on 31.10.2025 Agenda Item No. 03:- Setting up New Unit M/s Asmadiya Technologies Private Limited.
Agenda Item No. 04:- Setting up New Unit M/s Trigen Research Private Limited. Agenda Item No. 05:- Application for list of material for authorized operation submitted by M/s. Nxtra Data Limited (SEZ Co-Developer) Agenda Item No. 06:- Application submitted by M/s DesignTech Systems Pvt. Ltd., SEZ Unit for approval of Broad Banding of Additional designing Services with revision in projection. Agenda Item No. 07:- M/s Tata Consultancy Services Limited, IT/ITES, SEZ Unit for approval of a Solar Power Generating System of 160.65 KWP at SEZ Unit for captive consumption.
Agenda Item No. 08:- Monitoring of the performance of M/s. Hexaware Technologies Ltd.,(LOA No. 69) Agenda Item No. 09:- Monitoring of the performance of M/s. Hexaware Technologies Ltd.,(LOA No. 05)

Agenda Item No. 10:- Application submitted by M/s. Ascendas IT Park (Pune) Private Ltd., (Co-Developer) located in MIDC - SEZ for Change in the Board of Directors.

मैसस एमआईडीसी-एसईजेड, पुणे, के आईटी/आईटीईएस सेटर के लए िवश िवशेष आथक े , के लए े ीय िवकास आयु! सी"झ एसईजेड, क$ अ&य ता म( 31.10.2025 को आयो*जत 144 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 144 वी 4 तारीख 31.10.2025 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 आयकर िवभाग से नािमत 3 9ी हा>न िबलाल, उप महािनदेशक, िवदेश ?यापार पुणे डीजीएफटी िवभाग से नािमत 4 9ी. संजय बांगर, उप उAोग िनदेशक, पुणे े

महाराB सरकार से नािमत 5 9ी नवनाथ अवताडे, उप े ीय अ-धकारी महाराB Dदूषण िनयं ण बोड से नािमत 6 9ी Dशांत रोहनेकर, अधी क सीमा शुFक िवभाग पुणे नािमत िवशेष आमंि त 3. नाम एवं पदनाम (9ी/ 9ीमती) िवभाग 1 9ी. शGभू दयाल मीना, िविनHद अ-धकारी सी"ज़-एसईज़ेड, पुणे =8टर एज(डा िवषय 3 01 : िदनांक 12.09.2025 को आयोजत 143 वJ बैठक के कायवृ1 क$ पुि िवचार-िवमश के बाद, सिम-त ने 12.09.2025 को आयोजत 143वJ अनुमोदन सिम-त क$ बैठक के कायवृ1 क$ पुि क$। एज(डा िवषय 3. 02:- िदनांक 12.09.2025 को आयोजत बैठक के कायवृ1 क$ कारवाई Lरपोट िवचार-िवमश के बाद, सिम-त ने 12.09.2025 को हुए बैठक के लए क$ गई कारवाई क$ Lरपोट को नोट िकया है। एज(डा आइटम 3.03: मेसस टाटा कंसFट(सी सHवसेज लिमटेड (एलओए नंबर 05/2007-08) के लए Dदशन क$ िनगरानी : यूिनट का D8ताव िवचार के लए अनुमोदन सिम-त के सामने रखा गया। िवचार-िवमश के बाद, सिम-त ने दूसरे Oलॉक अव-ध (िव1ीय वष 2016-17 से 2020-21) के पांचव( वष अथात् िव1ीय वष 2020-21 और तीसरे Oलॉक अव-ध (िव1ीय वष 2021-22 से 2024-25) के चार वषS यानी िव1ीय वष 2021-22 से 2025-26 तक क$ यूिनट के Dदशन को SEZ िनयम, 2006 के िनयम 54 के अनुसार नोट िकया। यूिनट ने िव1 वष 2020-21 (अथात् दूसरी Oलॉक अव-ध यानी िव1 वष 2016-17 से 2020-21 पांचव( वष तक) के दौरान अनुमािनत िनयात 5960 करोड़ Vपये के मुकाबले 10876.97 करोड़ Vपये का िनयात राज8व DाW िकया है। इस यूिनट ने FY 2020-21 तक संचयी आधार पर V. 31519.65 करोड़ यानी 70.24% का सकराXमक NFE हासल िकया है। इस यूिनट ने 3rd Oलॉक अव-ध (अथात िव1ीय वष 2021-22 से 2025-26) के 04 वषS के दौरान यानी िव1ीय वष 2021-22 से िव1ीय वष 2024-25 तक योजनाबY िनयात 51863.59 करोड़ Vपये के मुकाबले 57874.30 करोड़ Vपये का िनयात राज8व हासल िकया है। इस यूिनट ने िव1 वष 2024-25 तक संचयी आधार पर 43660.9 करोड़ Vपये यानी 75.44% का सकराXमक NFE हासल िकया है।
इकाई ने 35099 (पुVष-21385, मिहलाएं-13714) को रोजगार िदया है।

सिम-त ने इकाई को िनदZश िदया िक वह सभी िपछली Oलॉक अव-धय\ के लए एपीआर (वषवार) को संशो-धत करे तािक गलत पLरशोधन मूFय को सुधारा जा सके, जैसा िक 27.07.2021 को आयो*जत अनुमोदन सिम-त क$ बैठक के दौरान िनदZशत िकया गया था। इसके अलावा, ि]तीय Oलॉक अव-ध म( पूंजीगत व8तुओं के अ-धक आयात के संबंध म( , सिम-त ने इकाई को यह वचन देने का िनदZश िदया िक उ^ह\ने पूंजीगत व8तुओं क$ खरीद के लए अपने अनुमान को संशो-धत िकया है, जैसा िक 27.07.2021 को हुई अनुमोदन सिम-त क$ बैठक के दौरान िनदZशत िकया गया था। सिम-त ने इकाई को अपने उ_ िवदेशी मु`ा बिहवाह के बारे म( 8पीकरण देने का भी िनदZश िदया और एसओ को इसक$ जांच करने का िनदZश िदया। अ&य को ध^यवाद aापन के साथ बैठक समाW हुई।

Minutes of the 144 th 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 31.10.2025. 1 Name of the SEZ M/s. MIDC-SEZ, Phase III 2 Sector IT/ITES 3 Meeting No. 144th
4 Date 31.10.2025

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 Harooon Bilal, Dy. Director General of Foreign Trade Nominee of DGFT, Pune 4 Shri. Sanjay Bangar, Dy. Director of Industries, Pune Region Nominee of Govt. of Maharashtra 5 Shri Navanath Awatade, Sub Regional Officer Nominee of Maharashtra Pollution Control Board 6 Shri.Prashant Rohanekar, 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 143rd meeting held on 12.09.2025 After deliberation, the Committee confirmed the minutes of the 143 rd meeting of Approval Committee held on 12.09.2025 Agenda Item No.02: Action taken report for the minutes of the meeting held on 12.09.2025 After deliberation, the Committee has noted the Action taken report for the meeting held on 12.09.2025. Agenda Item No.03: Monitoring of Performance for M/s. Tata Consultancy Services Limited (LOA No. 05/2007-08) : The proposal of the unit was placed before the Approval Committee for consideration. After deliberation, the committee noted the performance of the unit for the Fifth year i.e. FY 2020-21 of 2nd Block

Period (FY 2016-17 to FY 2020-21) & 04 Years i.e. from FY 2021-22 to FY 2024-25 of 3rd Block Period (i.e. From FY 2021-22 to 2025-26), in terms of Rule 54 of SEZ Rules, 2006. The unit has achieved export revenue of Rs. 10876.97 Crs. against the projected export of Rs 5960 Crs. during FY 2020-21 i.e. Fifth year of 2nd Block period i.e FY 2016-17 to 2020-21. The unit has achieved positive NFE of Rs. 31519.65 Crs. i.e. 70.24 % in FY 2020-21 on cumulative basis. The unit has achieved export revenue of Rs. 57874.30 Crs. against the projected export of Rs 51863.59 Crs. during 04 years i.e. FY 2021-22 to FY 2024-25 of 3rd Block period i.e. FY 2021-22 to 2025-26. The unit has achieved positive NFE of Rs. 43660.9 Crs. i.e. 75.44 % in FY 2024-25 on cumulative basis. The unit has achieved employment of 35099 (Men-21385 Women-13714). The Committee directed the Unit to revise the APR (Yearwise) for all previous Block Periods to rectify the wrong amortization value considered, as was directed during the Approval Committee meeting held on 27.07.2021. Further, with regards to higher import of Capital Goods in the 2 nd Block Period, the Committee directed the Unit to give an Undertaking that they have revised their projection for procurement of Capital Goods, as was directed during the Approval Committee meeting held on 27.07.2021. The Committee also directed the Unit to explain their higher Foreign Exchange Outflow with directions to SO to examine the same. Meeting ended with a vote of thanks to the Chair.

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

signaturerectangle-1-186 Shri. Dnyaneshwar B Patil Development Commissioner PUNE- SEZ Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.11.12 10:40:58 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 31-10-2025 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 143rd Meeting held on 12-09-2025 Minutes of the meeting held on 12.09.2025 confirmed by the Approval Committee. Agenda Item No. 02 Application for Monitoring of Performance(M/s. Tata Consultancy Services Ltd) Approval letter issued to the unit on 13.11.2025.

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

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

a. Proposal : Proposal submitted by M/s. Asmadiya Technologies Private Limited, for setting up of New Unit at M/s. MIDC Pune-SEZ. b. Specific Issue on which decision of AC is required: -
To consider the proposal of M/s. Asmadiya Technologies Private Limited , for setting up of new unit at M/s. MIDC Pune- SEZ in terms of Rule 17 & 18 of SEZ Rules, 2006. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- Rule 17 & 18 of SEZ Rules, 2006. d. Other Information: - COMPANY/UNIT PROFILE I Name and address, telephone/fax/email ID

M/s. Asmadiya Technologies Private Limited Registered address: Megapolis Sangria, F-1003, Hinjewadi, Phase 3, Pune Maharashtra - 411057. Proposed address: Ground Floor, Developed by J K Infotech – Co Developer at Plot No. 25/4, Rajiv Gandhi Infotech Park, Hinjewadi Phase 3, Pune 411 057 (Area-5000 Sq. Ft.) Telephone: - 91-7722035179 e-mail address:- ashish@asmadiya.com Web-site: - https://asmadiya.com Status of the company i.e. proprietorship/ partnership/individual and statute under which registered with
registration no. & year of registration Registration : Private Limited CIN No. : U72900PN2019PTC184060 Date of issuance of CIN : 10.05.2019

Financial capability of the Unit

Cash and Cash Equivalents as per year (Rs.in Cr.) 31.03.2023 31.03.2024 31.03.2025 0.29 0.48 0.76 Reserves & Surplus (Rs.in Cr.) 31.03.2023 31.03.2024 31.03.2025 1.13 1.22 1.31 IEC No / date/ issued by

IEC NO. AASCA2707K issued on 31.05.2021 by Govt. of India, Ministry of Commerce & Industry, Office of the Joint Director General of Foreign Trade Whether manufacturer / trader/ company warehouse/ Service provider Service Provider

II. PROJECT PROFILE i. Product to be manufactured/
service to be rendered Sr. No. Item(s) Description ITC/CPC 1 Computer Software in the nature of Licensing services for the right to use computer software and databases 997331/83131 2 Other Business services such as Management consulting and Digital Transformation Advisory Tech-led 998311/8311 3 Information Technology Enabled Services in the nature of Support services 998313/83132 4 Information Technology in the nature of Software Development Enhancement of Existing application software such as Custom web and mobile applications Enterprise platforms and portal AI ML Solution GenAI agents and automation workflows APIs 998314/8314 5 Other Business Services such as Hosting and IT Infrastructure Provisioning/Cloud Services 998315/8315 6 Other Business services such as IT Infrastructure & Network Management/DevOps and SRE Services 998316/83162

(ii) Brief detail of the project

M/s. Asmadiya Technologies Private Limited is incorporated as a Private Limited under the Companies Act 2013 on 10.05.2019, having its registered office at Megapolis Sangria, F- 1003, Pune, Maharashtra, India 411057. M/s. Asmadiya Technologies Private Limited is a small yet highly capable team of software experts with a single mission: to deliver exceptional future-tech solutions. They brainstorm, conceptualize, design, develop, and deploy some of the finest products tailored to meet their software requirements.

Their solutions are crafted with utmost precision and quality, often earning them additional appreciation from their clients. Their Core Service Offerings:

Enterprise Solutions Enterprise Application Development/Integration Legacy Application Migration Application Managed Services
Digital Quality Assurance Manual, Automation, Performance & Security Testing API/Integration Testing AI-Based Testing
Mobile & App Development Mobile App Consulting and strategy User Interface(UI) & User Experience (UX) Design
Cutting-Edge Solutions Artifical Intelligence & Machine Learning (AI/ML) Blockchain (Layer 2s) Data Science & Analytics Hosting and IT Infrastructure Provisioning/Cloud Services Vision : Asmadiya takes up limited projects to ensure superior quality outcomes with experiences across multiple industries and technologies, they have consistently delivered excellence. Customer Retention: Their 1st client continues to work with them till date due to their strong customer-centric approach. Turnaround Time: They take proactive follow ups with their clients. Unique Pricing Models: They offer flexible, customized pricing models that adapt their requirements. Considering global demand their management has decided to set up SEZ unit operations in MIDC - SEZ. Proposal: Proposal submitted by M/s. Asmadiya Technologies Private Limited, for setting up of New SEZ Unit for Computer Software in the nature of Licensing Services for the right to use Computer Software and databases at MIDC – SEZ over an area admeasuring 5000 Sq. ft. located at Ground Floor, Developed by J K Infotech – CoDeveloper at Plot No 25/4, Rajiv Gandhi Infotech Park, Hinjewadi, Phase 3, Pune 411 057 Accordingly, the unit intends to invest Rs. 2.82 Crs. with Projected Export of Rs. 27 Crs. along with the generating Employment of 90 (Male-72 & Female-18) employees over next 5 years.

III PROJECTIONS, YEAR-WISE Investment and Details of Source of Finance

S. No. Plant & Machinery Amt. (Rs. In Crores) (a) Capital Goods - Indigenous 2.54 Capital Goods - Imported (CIF Value) 0.28 Total 2.82 (b) Details of Source(s) of finance:

a. Cash & Cash Equivalent (Existing Reserves and Surplus) 1.44 b. From Internal Accruals (Over next 5 years)

1.38 Total 2.82

Imported and Indigenous requirement of Materials and other outputs

                                                                (Rs. In Crores)

Import Indigenous (b) Raw Material, components, consumables, packing material, fuel etc. 0 0.00 (c) Input Services 0.54 4.14

Total 0.54 4.14 Total employment

Total - 90 (Male - 72, Female – 18)

Foreign Exchange Balance Sheet (1st Block) (Rs. In Crores)

1st 2nd 3rd 4th 5th Total US $ ‘000 FOB Value of Exports 3.00 4.50 5.50 6.50 7.50 27.00 3103.45 FE outgo 0.20 0.10 0.12 0.23 0.17 0.82 94.54 NFE 2.80 4.40 5.38 6.27 7.33 26.18 3008.91

Effluent Treatment Not applicable.

Whether Foreign Technology Agreement is Envisaged No. Marketing Collaboration For marketing of their services from the proposed SEZ Unit, they will set dedicated marketing team for proposed services clients outside India.

The Unit has submitted the following documents: i. Demand Draft of Rs. 5000/- in favour of “The Pay & Accounts Officer, SEEPZ-SEZ” payable at Mumbai. ii. Application in the form Prescribed Form F with undertaking duly signed iii. Financial Projections for Next 5 years including cost of the project, means of finance, P & L, Cash Flow Statement, Balance Sheet and Foreign Exchange Balance Sheet etc; iv. Company & Director profile; v. List of Imported & Indigenous Capital Goods vi. List of Imported and Indigenous services vii. Affidavit of Signatory duly notarized on Rs. 500 Stamp paper. viii. Undertaking for pollution control ix. Letter of Intent/Allotment with the Developer x. PAN card copy of the company xi. IEC Copy of the company xii. Copy of Board Resolution authorizing setting up of the SEZ unit xiii. Letter mentioning Web Address & E-mail ID; xiv. Letter for Marketing tie up /buy Back plan; xv. List of Directors with details such as address, contact details, etc. xvi. List of Shareholders of Company xvii. Copy of Incorporation Certificate and MOA and AOA xviii. Copy of Residential proof & Identity proof of Directors xix. Copy of last 3 years financial statements with ITR acknowledgement page of last 3 years of the company Rule Provision w.r.t. SEZ Rules, 2006 Rule 17 & 18 of SEZ Rules, 2006. Request of the company

To approve their proposal for setting up of new unit at J K Infotech – Co- Developer, MIDC, Pune – SEZ Decision required for Approval Committee

To consider the proposal for setting up of new unit at J K Infotech – Co- Developer, MIDC, Pune – SEZ e. Recommendation: Approval Committee may kindly consider the proposal of M/s. Asmadiya Technologies Private Limited, for setting up of new unit in J K Infotech – CoDeveloper, MIDC, Pune – SEZ.

a. Proposal : Proposal submitted by M/s. Trigen Research Pvt. Ltd., for setting up of New Unit at MIDC Pune-SEZ ( Ishraj Infratech LLP-SEZ Co-Developer) To consider the proposal of M/s. Trigen Research Pvt. Ltd., for setting up of new unit at MIDC Pune-SEZ ( Ishraj Infratech LLP-SEZ Co-Developer) in terms of Rule 17 & 18 of SEZ Rules, 2006. Notification :- Rule 17 & 18 of SEZ Rules, 2006. FORMAT FOR NEW UNIT IN SEZ COMPANY/UNIT PROFILE I Name and address, telephone/fax/email ID

M/s. Trigen Research Pvt. Ltd. Registered address: THE CLIFF GARDEN CHS, FLAT NO. B-804 PHASE 3, HINJEWADI, RAJIV GANDHI INFOTECH PARK, MAAN ROAD, INFOTECH PARK (HINJAWADI), HAVELI PUNE, MAHARASHTRA, INDIA 411057. Proposed address: Ground Floor, Ishraj Infratech LLP-SEZ Co-Developer, Plot No. 22/4-SEZ, Rajiv Gandhi Infotech Park, Hinjawadi, IT Park, Phase-III, Pune-411057. (Area-8500 Sq. Ft.) Telephone: - 9764530026 Email id – Bhagwan.Chouhan@trigenresearch.com Web-site: - www.trigenresearch.com Status of the company i.e. proprietorship/ partnership/individual and statute under which registered with
registration no. & year of registration Registration : Private Limited Company CIN No. : U72100MH2025PTC460731 Date of issuance of CIN : 11.11.2025

Financial capability (M/s. Genecht Research Pvt. Ltd.- The Lender Company)

Cash and Cash Equivalents of as per year (Rs.in Cr.) 31.03.25 31.03.24 31.03.23 31.03.22 0.007 0.04 0.02 0.04 Reserves & Surplus (Rs.in Cr.) 31.03.25 31.03.24 31.03.23 31.03.22 2.72 1.38 0.08 (0.07) IEC No / date/ issued by

IEC NO. AAMCT4572H issued on 06.12.2025 by Govt. of India, Ministry of Commerce & Industry, Office of the Joint Director General of Foreign Trade Whether manufacturer / trader/ company warehouse/ Service provider Service Provider

II. PROJECT PROFILE i. Product to be manufactured/
service to be rendered Sr. No. Item(s) Description SAC/CPC 1 Information Technology enabled services such as Data processing in the nature of Data Analytics 998113/843 2 Research and Development 998113/85105

(ii) Brief detail of the project

M/s. Trigen Research Pvt. Ltd. is a newly incorporated SPV as a Private Limited Company under the Companies Act, 2013 on 11.11.2025. Trigen Research Pvt. Ltd. is an emerging contract Research Organization aiming to Provide fierce support for BA/BE and clinical trial services of Pharmaceutical, biotechnology and cosmetic industries across the globe. Trigen Research Pvt. Ltd. ensures that all the services provided are in compliance with GCP & GDP and applicable regulatory guidelines. They have established their policies that follow work ethics and they believe in accelerating success adhering to their principles, originally. Vision: Trigen research Pvt. Ltd. aims to provide high level of technical competence and customer service without compromising on quality, with strict adherence to the timelines and maintaining confidentiality. Considering global demand their management has decided to set up SEZ unit operations in MIDC-SEZ. Proposal: Proposal submitted by M/s. Trigen Research Pvt. Ltd., for Research and Development Services and Information Technology enabled services such as Data Processing in the nature of Data Analytics at area admeasuring 8,500 Sq.Ft. at Ground Floor, Developed by Ishraj Infratech LLP-Co Developer, Plot No.22/4-SEZ, Rajiv Gandhi Infotech Park, Hinjawadi IT Park, Phase-III, Pune- 411057. Accordingly, the unit intends to invest Rs. 4.78 Crs. with Projected Export of Rs. 56.91 Crs. along with the generating Employment of 130 employees over next 5 years.

III PROJECTIONS, YEAR-WISE Investment and Details of Source of Finance

S. No. Plant & Machinery Rs. In Crores (a) Capital Goods - Indigenous 4.30 Capital Goods - Imported (CIF Value) 0.48

Total 4.78 (b) Details of Source(s) of finance:

a. From Inter Corporate Borrowings 3.50 b. From Internal Accruals (Over next 5 years)

1.28 Total 4.78

Imported and Indigenous requirement of Materials and other outputs

                                                               (Rs. In Crores)

Import Indigenous (b) Raw Material, components, consumables, packing material, fuel etc. 0 0.00 (c) Input Services 1.14 9.55

Total 1.14 9.55 Total employment

Total 130 (Male - 80, Female – 50)

Foreign Exchange Balance Sheet (1st Block) (Rs. In Crores)

1st 2nd 3rd 4th 5th Total US $ ‘000 FOB Value of Exports 5.70 9.12 11.39 13.65 17.04 56.91 6,541.00 FE outgo 0.37 0.21 0.27 0.36 0.41 1.62 185.70 NFE 5.34 8.91 11.12 13.29 16.63 55.29 6,355.30 Effluent Treatment Not applicable Whether Foreign Technology Agreement is Envisaged No. Marketing Collaboration For marketing of their services from the proposed SEZ Unit, they will set dedicated marketing team for proposed services clients outside India.

The Unit has submitted the following documents: i. Demand Draft of Rs. 5000/- in favour of “The Pay & Accounts Officer, SEEPZ-SEZ” payable at Mumbai. ii. Application in the form Prescribed Form F with undertaking duly signed iii. Financial Projections for Next 5 years including cost of the project, means of finance, P & L, Cash Flow Statement, Balance Sheet and Foreign Exchange Balance Sheet etc; iv. Company & Director profile; v. List of Import & Indigenous Capital Goods vi. List of Imported & Indigenous services vii. Affidavit of Signatory duly notarized on Rs. 500 Stamp paper. viii. Undertaking for pollution control ix. Letter of Intent/Allotment with the CO-Developer x. PAN card copy of the company xi. Copy of Board Resolution authorizing setting up of the SEZ unit xii. Letter mentioning Web Address & E-mail ID; xiii. Letter for marketing tie up/Buyback plan xiv. List of Directors with details such as address, contact details, etc. xv. List of Shareholders of Company xvi. Copy of Incorporation Certificate and MOA and AOA xvii. Copy of Residential proof & Identity proof of Directors xviii. Copy of last 3 years’ financial statements with ITR acknowledgement page of last 3 years of the Genecht Research Pvt. Ltd.-Lender Company xix. Copy of Inter-Corporate Borrowing Agreement xx. CA Certified Letter for non- filing of ITR and Net Worth Certificate of Mr. Santosh Nagare (Director) xxi. Copy of ITR for last 3 years of Mr. Bhagwan J. Chouhan and Parag Mangesh Salkar (Director) xxii. Form INC-22 along with challan for change of Registered office Address xxiii. Form- DIR-12 with challan for Appointment of Director Mr. Bhagwan Chouhan xxiv. Copy of IEC Certificate Rule Provision w.r.t. SEZ Rules, 2006 Rule 17 & 18 of SEZ Rules, 2006. Request of the company

To approve their proposal for setting up of new unit at MIDC-SEZ. Decision required for Approval Committee

To consider the proposal for setting up of new unit at MIDC-SEZ. e. Recommendation: Approval Committee may kindly consider the proposal of M/s. Trigen Research Pvt. Ltd., for setting up of new unit in MIDC-SEZ (Ishraj Infratech LLP-SEZ Co-Developer) It is observed from the Financial Statements for FY 2024-25 of M/s. Genecht Research Pvt. Ltd.- The Lender Company that the Total Cash and Cash Equivalents and Reserves & Surplus as on 31.03.2025 is Rs. 2.727 Crs., however, M/s. Trigen Research Pvt. Ltd. has submitted that their Source of Finance via Inter Corporate Borrowings from the said lender company is Rs. 3.50 Crs. While responding to the query raised to this effect, M/s. Trigen Research Pvt. Ltd. vide their E-mail dated 19.12.2025 have submitted clarification that as per the provisional financial statements (submitted vide the same E-mail by them) for the period April-2025 to November-2025, the total Cash & Cash Equivalents and Reserves & Surplus amount to Rs. 4.62 Crs. which is sufficient to meet the requirement of means of finance from the Lender Company amounting to Rs. 3.50 Crs.

a. Proposal : Proposal dated 18.11.2025 submitted by M/s. Nxtra Data Limited (SEZ Co-Developer), for approval of List of Materials required for Construction of Data Center (17 Acres Project) at Plot No. 28, 13/10A, 13/10/B, P-1/1 & P-1/2, MIDC-IT-ITES- SEZ, Rajiv Gandhi Infotech Park, Phase-III, Hinjewadi, Pune 411057 for Authorized Operation. Approval for List of materials valued at Rs. 54,76,06,778.64/- required to develop infrastructural facilities (Construction of Data Center – 17 Acres Project) for the authorized operations. Notification :- As per Rule 12(2) of SEZ Rules, 2006 “ The Developer shall make an application, after obtaining approval for the authorized operation under rule 9, to the Development Commissioner, along with the list of goods and services, including machinery, equipments and construction material required for the authorized operations, duly certified by a Chartered Engineer for approval by the Approval Committee”. List of Materials for Authorized Operations : Sr. No. List of materials required for the below mentioned Authorized operations Estimated value for Goods purchased from DTA (Amount in Rs.) Estimated value for Goods purchased from Import (Amount in Rs.) Estimated Total Value of Goods (Amount in Rs.) 1. Construction of Data Center (17 Acres Project) 54,76,06,778.64 0.00 54,76,06,778.64

TOTAL 54,76,06,778.64 0.00 Detail List of Material is as follows: S. No. Description Qty UOM HSN Price Total Price Rate % Benefit Availed 1 Supply of DG set panel & accessories 1 Nos. 85371000 25588256.00 25588256.00 18% 4605886.08 2 Fan Wall Unit 125 Tr 14 Nos. 84158290 2450000.00 34300000.00 18% 6174000.00 3 UPS 1000 kva 12 Nos 85044090 4701695.00 56420340.00 18% 10155661.20 4 PDU 48 Nos 85371000 1070000.00 51360000.00 18% 9244800..00 5 LT/HT Panel Supply of LT panel system 1 Set 85371000 54500000.00 54500000.00 18% 9810000.00 6 LT/HT Panel Supply of HT panel system 1 Set 85371000 6265824.00 665824.00 18% 1127848.32 7 UPS 400 kva 2 Nos 85044090 1500000.00 3000000.00 18% 540000.00 8 U-on Battery for UPS application (Rating – 480V) 12 Nos 85076000 6302536.00 75630432.00 28% 21176520.96 9 Battery : UPS 3 LVA : Backup 30 min 2 Nos 85044090 2950000.00 5900000.00 28% 1652000.00 10 Supply of RECD for 2250 KVA DG Sets at Pune 2 28 Nos 85021310 1569000.00 43932000.00 18% 7907760.00 11 DG maintenance kit.B check/c check kit 28 Nos 84212300 346552.32 9703464.97 18% 1746623.70

12 Supply of Secondary Containment DG for day tanks and new valavers. 1 Unit 8537 400000.00 400000.00 18% 720000.00 13 BMS System Server and redundant equipment 1 Unit 8517 9250000.00 9250000.00 18% 1665000.00 14 EOL Batteries replacement 1 Unit 85072000 2846004.00 28460004..00 28% 796881.12 15 Dehumidifier Requirement for Pune 2 1 Unit 85381010 25000000.00 25000000.00 18% 4500000.00 16 Supply of MS mateerials for ladder and platform 1 Unit 7208 660800.00 660800.00 18% 118944.00 17 Automation Materials for Pumps 1 Unit 9032 2000000.00 2000000.00 18% 360000.00 18 UPS Requirement at Pune 2 (@ x 30 Kva) 1 Unit 85044090 1600000.00 1600000.00 18% 288000.00 19 DG Sets redundant Battery string at Pune 2 1 Unit 8507 14957092.00 14957092.00 28% 4187985.76 20 EOL equipment replacement for SCADA/IBMS system 1 Unit 8517 56000000.00 56000000.00 18% 10080000.00 21 PAHU manual Changeover board 1 Unit 84158390 3780000.00 3780000.00 18% 680400.00 22 EPMS PH 2 Network redundancy supply items 1 Unit 8517 4500000.00 4500000.00 18% 810000.00 23 Acoustic system for DG sets at Pune3 1 Unit 92079000 6000000.00 6000000.00 18% 1080000.00 24 Epoxy material for DG yard area flooring 1 Unit 3907 660000.00 660000.00 18% 118800.00 25 Electrical Consumable materials 1 Unit 8487 300000.00 300000.00 18% 54000.00 26 Arc Flash suits requirement 1 Unit 9617 20000000.00 20000000.00 18% 360000.00 27 Supply, fabrication and fixing og HSD Yard Walkway metal platform at Pune 2 DC

Unit

8444

422500.00

18%

76050.00 28 Supply of LED Lights requirement at Pune 2 1

Unit 8539 1545682.00 1545682.00 18% 278222.76 29 High Voltage Marker at Nxtra Pune 2 1 Unit 9608 840000.00 840000.00 18% 151200.00 30 BBT Emergency Kit 1 Unit 82060090 1385000.00 1385000.00 18% 249300.00 31 UPS Spares & Accessaries 1 Unit 85044090 1622900.00 1622900.00 18% 292122.00 32 PAHU/FWU Spares & Accessaries 1 Unit 84158290 840425.00 840425.00 18% 151276.50 33 SCADA Spares & Accessaries 1 Unit 8517 3591183.00 3591183.00 18% 646412.94 34 IBMS Spares & Accessaries 1 Unit 8517 1868992.00 1868992.00 18% 336418.56 35 HT Breaker Spares & Accessaries 1 Unit 85371000 9036734.00 9036734.00 18% 1626612.12 36 LT Breaker Spares & Accessaries 1 Unit 85371000 4548645.00 4548645.00 18% 818756.10 37 DG Spares & Accessaries 1 Unit 85371000 3349678.77 3349678.77 18% 3602942.18 38 Lift Spares & Accessaries 1 Unit 85371000 2861335.90 2861335.90 18% 515040.46 39 Solenoid, Motorised & Actuatoor & osolation Valves

Unit

85371000

1500000.00

1500000.00 18%

270000.00 40 PQM meter Requirement 1 Unit 85371000 2497000.00 2497000.00 18% 449460.00 41 PNQ20 new MFM Meter requirement 1 Unit 85371000 172516.00 172516.00 18% 31052.88 42 VCB accessories 1 Unit 85371000 217050.00 217050.00 18% 39069.00 43 Supply of MS perforated cable tray 0.00 0.00 90328990 0.00 0.00

18% 0.00 a 600mm(L) x 100mm(H) x 1.2 mm 2mm Thick cable tray 70 Mtr 90328990 3980.00 278600.00 18% 50148.00 b 300mm(L) x 100mm(H) x 1.2 mm Thick cable tray 350 Mtr 90328990 2334.00 816900.00 18% 147042.00

c 100mm(L) x 100mm(H) x 1.2 mm Thick cable tray 700 Mtr 90328990 1231.00 861700.00 18% 155106.00 44 19” type Equipment Racks for mounting the Servers/Switches 15U 2 Nos 90328990 42157.00 84314.00 18% 15176.52 45 Plumbing materials 1 Unit 3917 279700.00 279700.00 18% 50346.00 46 Carpentry materials 1 Set 4418 77000.00 77000.00 18% 13860.00 47 Garbage yard shed material 1 Set 8001 302500.00 302500.00 18% 54450.00 48 Sofa purchase for DC2 1 Set 9401 100000.00 100000.00 18% 18000.00 49 Dustbins 1 Set 8473 87300.00 87300.00 18% 15714.00 50 heavy duty trolly and mats 1 Set 83089099 128000.00 128000.00 18% 23040.00 51 Paint & paint related materials 1 Set 3208 251000.00 251000.00 18% 45180.00 52 PNQ25 canopy & glass door 1 Set 70071100 59208.00 59208.00 18% 10657.44 53 DG coolant 1 Set 84099990 11426702.00 11426702.00 18% 2056806

Total : 547606778.64
108502572.96 Other Information: - M/s. Nxtra Data Limited, Co- Developer has been granted Letter of Approval No. F.2/129/2005-SEZ dated 14.12.2017. The Co-Developer has submitted List of Materials duly certified by the Chartered Engineer Makarand Kulkarni (Registration No. AM93577.0 dated 17.02.2006) dated 21.11.2025 for Construction of Data Center (17 Acres Project) which is authorized operation for development of their SEZ located at M/s. Nxtra Data Limited, Co- Developer, Plot No. 28, 13/10A, 13/10/B, P-1/1 & P-1/2, MIDC-IT-ITES-SEZ, Rajiv Gandhi Infotech Park, Phase-III, Hinjewadi, Pune 411 057. The Co-Developer has informed that the goods as per the list of material will be utilised for their authorized operations i.e. Construction of Data Center (17 Acres Project) and have also submitted an undertaking to this effect. The total value of said materials is Rs. 54,76,06,778.64/- and duty foregone amount on said material is Rs.10,85,02,572.96/-. SO vide his verification report dated 03.12.2025 has inter-alia submitted that, the estimated duty of goods at S. No. 8, 9 & 14 is computed @ 28% instead of 18%, however, the said difference is ignored as the duty foregone is computed on higher side. Further, the Co-Developer has Bond Balance of Rs. 12,63,91,428.85/- which is sufficient for the subject procurement of Indigenous material of estimated value of Rs.54,76,06,778.64/-. Accordingly, the SO has added that since the list of materials is in order, the CE, vide his letter dated 21.11.2025, has also certified that these materials are required for the authorized operations of M/s. Nxtra Data Ltd. (Co-Developer) and will be utilized within a period of six months, therefore, the request of the Co-Developer may be considered. e. Recommendation: Approval Committee may kindly consider the request of the Co-Developer for approval of list of material for authorized operations in terms of Rule 12(2) of SEZ Rules, 2006.

a. Proposal : Proposal dated 27.11.2025 submitted by M/s. DesignTech Systems Pvt. Ltd., SEZ Unit located at MIDC-SEZ, for approval of Broad Banding of Additional Services with revision in projection. Approval of Committee for Broad Banding of Additional Services with revision in projection in terms of proviso to Rule 19(2) of SEZ Rules, 2006. Notification :- As per 1st proviso to Rule No. 19(2) of SEZ Rules, 2006 [“Provided that the Approval Committee may also approve proposals for broad banding, diversification, enhancement of capacity of production, change in the items of manufacturing or service capacity, if it meets the requirements of rule 18”]. Broad banding of Additional Services in the existing LOA as authorized operations as detailed below: Existing Approved Operations Proposed Authorized Operations

Information Technology Enabled Services in the nature of Engineering & Design Services (Including CAD/CAM/CAE, PLM Solutions) – CPC - 8672
Information Technology Enabled Services in the nature of Engineering & Design Services (Including CAD/CAM/CAE, PLM Solutions)
Other business services in the nature of Prototype Development & Testing, Hardware Design, Mechanical Design, Optic Design (SAC Code 998338 and CPC Code: 86729) Approved & Proposed Projections of Investment and Employment: (Rs. In Crores) Sr. No Item Existing Projection Total Revised Projection

Capital Goods

i. Indigenous 5.00 5.0010 ii. Imported 0.00 0.0050 Total 5.00 5.0060 2. Input of Services

i. Indigenous Services 8.50 8.50 ii. Imported Services 0.10 0.10

Total 8.60 8.6 3. Employment 33 (Men-31, Women-02) 37 (Men – 34 Women – 03)

Approved Projections (Rs. In Crores)

2024-25 2025-26 2026-27 2027-28 2028-29 Total FOB value of Exports 3.28 3.44 3.61 3.79 3.98 18.10 FE Outgo 0.02 0.02 0.02 0.02 0.02 0.10 NFE Earnings 3.26 3.42 3.59 3.77 3.96 18.00 Proposed Revision in Projections and computation of Net foreign exchange : (Rs. In Crores)

2024-25 (Actual ) 2025-26 (Revised) 2026-27 (Revised) 2027- 28(Revised) 2028- 29(Revised) Total Total (US$ in ‘000) 1$=Rs. 89) FOB value of Exports 3.02 5.44 6.11 6.79 7.48 28.84 3240.28 FE Outgo 0.00 0.04 0.02 0.02 0.02 0.10 11.24 NFE Earnings 3.02 5.40 6.09 6.77 7.46 28.73 3228.48 Relevant Provision: As per 1st proviso to Rule No. 19(2) of SEZ Rules, 2006 [“Provided that the Approval Committee may also approve proposals for broad banding, diversification, enhancement of capacity of production, change in the items of manufacturing or service capacity, if it meets the requirements of rule 18”]. Other Information: - M/s.DesignTech Systems Pvt Ltd., granted LOA NO. SEEPZ-SEZ/MIDC-SEZ/JKB CODEV/DSPL/79/2019-20/3038 DATED 09.03.2020 (Original LOA), located at Ground & 2 nd Floor, Plot No. 23/2, Design Tech System Pvt. Ltd. (Co-Developer), RGIP, MIDC - SEZ, Phase III, Hinjewadi, Pune – 411 057.
DCP: 27.03.2020 LOA Validity up to: 26.03.2030 Reason for Broad-banding with Revision in Projection: The unit is engaged into Engineering and Design Services so as per demand, their existing customers wants them to provide designing services as per their requirement. The operational model involves co-ordination where the end customer places a purchase Order (PO) on Design DTA (Paud Road Office) in INR for design services, with an additional commitment to provide a sample part free of cost. In turn Designtech DTA places a corresponding PO in USD on the Designtech SEZ unit. The SEZ Unit then Bills Designtech DTA in USD for the design services rendered, alongwith a zero value invoice for the free sample part inclusive of 18% IGST. Following receipt of the services and sample part, the DTA unit bills the end customer in INR, as per the original purchase order terms. Further they have stated that in relation to these design services, they will be importing the required materials (Stratasys consumables) without availing any tax benefits on such procurements. The estimated value of these inward consumables is approximately INR 5 Lakhs per month amounting to around INR 60 Lakhs annually. The unit has enclosed following documents along with their application: Copy of Form F3 filed through SEZ Online system. Copy of Revised Foreign Exchange Balance Sheet. Copy of LOAs List of Imported & Indigenous Capital goods. List of Imported and Indigenous Services. Form F filled at the time of New Unit Application Consumables required for Designing Services. e. Recommendation:

Approval Committee may like to consider the proposal of the unit for Broad Banding of Additional Services with revision in projection, in terms of Rule 19(2) of SEZ Rules, 2006.

a. Proposal : Proposal dated 18.11.2025 & 30.12.2025 received from M/s Tata Consultancy Services Limited, IT/ITES, SEZ Unit Located at Plot No. 5, MIDC-IT-ITES-SEZ, Rajiv Gandhi Infotech Park, Phase III, Hinjewadi, Pune-411057 for approval of a Solar Power Generating System of 160.65 KWP at SEZ Unit for captive consumption. Approval of the Approval Committee for installation of a Solar Power Generating System of 160.65 KWP at SEZ Unit for captive consumption in terms of Public Notice No. 06/2021 dated 16.06.2021 issued by Ministry of Commerce & Industry, SEEPZ, Andheri & “Power Guidelines K43014(16)/8/2020-SEZ dated 07.06.2021 issued by Ministry of Commerce & Industry, New Delhi. Notification :- As per SEEPZ-SEZ Public Notice No. 06/2021 dated 15.06.2021 & the Office Memorandum issued under No. K43014(16)/8/2020-SEZ dated 07.06.2021 by Ministry of Commerce & Industry, New Delhi, following proviso under para (iii) of Power guidelines issued vide Department’s Communication no. P-6/03/2006-SEZ (Vol. III) dated 16.02.2016 has been appended:: “Provided that, with the approval of Unit Approval Committee, a Unit may setup a non-conventional power plant within the premises of the Unit for the exclusive purpose of captive consumption subject to the condition that no tax/duty benefits stipulated under Section 26 of SEZ Act, 2005 shall be available for setting up as well as operations and maintenance of such power plant. Such captive generating power plants shall comply with all rules, regulations and technical standards framed under the Electricity Act, 2003 as amended from time to time. Captive generative power plants with capacity 500KW and above has to be re-registered with Central Electricity Authority”. Further, this OM was partially modified vide Office Memorandum dated 07.03.2024 issued by the MOC&I which states that, “Duty benefits under Section 26 of SEZ Act, 2005 is allowed to the units for installation as well as O&M of renewable energy equipment exclusively for captive consumption of the unit with a specific condition that the power shall not be wheeled out to DTA.” LOA No. SEEPZ-SEZ/MIDC-SEZ/TCSL/50/2014-15/05554 dated 01.03.2018 (Original LOA) Location: Plot No. 5, MIDC-IT-ITES-SEZ, Rajiv Gandhi Infotech Park, Phase III, Hinjewadi, Pune 411057. Date of Commencement of Production: 20.01.2020
Validity of LOA: 19.01.2030 The Unit has submitted that: a. They are proposing to install 160.65 KWp solar power generation system. b. The said Solar Power Plant shall be set up exclusively for captive consumption purpose only. c. The said solar power plant will be set up by their vendor i.e. M/s Fourth Partner Energy Private Limited in accordance to the revised power guidelines. d. The Unit will be availing duty/tax benefits on material and installation under Section 26 SEZ Act, 2005 for setting up, operations and maintenance of such power plant.

The details are as under: 1 Name of the Vendor of Solar Power Plant M/s Fourth Partner Energy Private Limited 2 Vendor-Service Engineering, Procurement, Commissioning of Complete Solar Power Plant. 3 Capacity 160.65 KWP 4 Annual Generation in capacity Approx. 2,12,058 KWH/Year 5 Cost of Project INR 62,25,188/- 5 Tax on the components & services Tax amount: Rs. 5,54,041/- Further, the Unit has submitted undertaking that : Such Captive generating power plants shall comply with all rules, regulations and technical standards framed under the Electricity Act, 2003 as amended from time to time. Captive generative power plants with capacity 500 KW and above has to be Re-registered with Central Electricity Authority. They will register with Central Electricity Authority if power generation capacity exceeds 500 KW. e. Recommendation: The proposal may be considered subject to the following conditions: Office Memorandum issued under F. No. K-43014(16)/8/2020-SEZ dated 07.03.2024 conveyed that the Duty benefits under Section 26 of SEZ Act, 2005 shall be allowed to the units for installation as well as O&M of renewable energy equipment exclusively for captive consumption of the unit with a specific condition that power shall not be wheeled out to DTA. The unit shall comply with all rules, regulations and technical standards framed under the Electricity Act, 2003 as amended from time to time. The non-conventional solar power generated will be used only for captive consumption and will not be sold outside. They will Re-register with Central Electricity Authority if power generation capacity exceeds 500 KW. The other conditions laid down vide power guidelines dated 16.02.2016 and amendment dated 28.01.2019 and 07.06.2021 shall remain unchanged. The proposal of the unit for installation of 160.65 KWP Non-conventional Solar Power Generation System, for captive consumption only, aligns with the O.M. issued under F. No. K-43014(16)/8/2020-SEZ dated 07.06.2021 and dated 07.03.2024 issued by MOC&I, New Delhi and may be considered.

a. Proposal : Monitoring of the performance of M/s. Hexaware Technologies Ltd. ( a Solar SEZ unit) located at Plot No. 19, MIDC-SEZ, RGIP, Phase III, Hinjewadi-Mann, Pune 411 057, for 5 years i.e. from FY 2020-21 to FY 2024-25 of 1 st Block period. Monitoring of the performance of the unit for 5 years i.e. from FY 2020-21 to FY 2024-25 of 1 st Block period, in terms of Rule 54 of SEZ Rules, 2006. 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”. Approved Projections: (1st block Period)
(Rs. In Cr.)

2020-21 2021-22 2022-23 2023-24 2024-25 Total FOB value of export 1.20 1.20 1.20 1.20 1.20 6.00 FE outgo 0.40 0.00 0.00 0.00 0.00 0.40 NFE 0.80 1.20 1.20 1.20 1.20 5.60

Performance as compared to projections: FY 2020-21 to 2024-25 (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 1.20 0.03

0.00 0.00 2021-22 1.20 0.13 0.00 0.00 2022-23 1.20 0.12 0.00 0.00 2023-24 1.20 0.62 0.00 0.00 2024-25 1.20 0.66 0.00 0.00 0.00 0.00 0.00 Total 6.00 1.56 0.00 0.00 0.00 0.00 0.00

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 0.03 100 % 2021-22 0.16 100 % 2022-23 0.28 100 % 2023-24 0.90 100 % 2024-25 1.56 100 % Other Information: LOA No. & Date SEEPZ-SEZ/MIDC-PUNE/HTL/69/2019-20 dated 08.04.2019 Location of Unit Plot No. 19, Terrace/Rooftop, Parking Area, North Block, South Block, Amenity Block, MIDC-SEZ, Rajiv Gandhi Infotech Park, Phase-III, Hinjewadi, Pune-411057 Validity of LOA 12.01.2026 Item(s) of manufacture/ Services Installation of Solar Power Plant and Distribution of Power to SEZ Units in SEZ Campus Date of commencement of production 13.01.2021 Execution of BLUT 1.89 Crs. 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 a. Projected employment for the block period b. No. of employees as on 31.03.2025 a. 20 (Men-15 Women-5) b. 0 (Men-0 Women-0) Area allotted (in sq.ft.) 95328.44 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

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 19.12.2025 has reported as detailed below: Details of year-wise Exports are as under: For 2020-21 to 2024-25 of 1 st Block period (Rs. In Cr.) Year/Period Figures as per APR (In Crores) Figures as per Softex/SB / Customs Records (In Lakhs) Difference if any (In Lakhs) Reason for Difference/Remark (1) (2) (3) (4) (5) 2020-21 0.028 0.028 0 No Difference 2021-22 0.129 0.129 0 No Difference 2022-23 0.125 0.125 0 No Diference 2023-24 0.623 0.615 0.008 Exchange Rate Variation 2024-25 0.658 0.652 0.006 Exchange Rate variatiom Import(Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis. (Rs. In Cr)
Year/Period Figures as per APR Figures as per Customs Records / Bond Register Difference if any Reason for Difference/Remark 2020-21 0.00 0.00 0.00 0.00 2021-22 0.00 0.00 0.00 0.00 2022-23 0.00 0.00 0.00 0.00 2023-24 0.00 0.00 0.00 0.00 2024-25 0.00 0.00 0.00 0.00 BLUT (Rs. In Cr) Employment made as on date (as on end of block period / year up to which monitoring is being done) Gender As per LOA (Form F) As on 31.03.2025) Total Men 15 0 15 Women 05 0 05 Total 20 0 20

Details of pending Foreign Remittance beyond Permissible period if any (as on 31.03.2025) To cross-check the same and verify whether necessary permission from AD Bank / RBI has been obtained. No 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. Not applicable, (as per the LOA) the unit is distributing power (electricity) to their group SEZ units in the given SEZ unit campus and is filing SERF. The proceeds for the said supply are received in USD as informed by the Unit representatives.

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. Not Applicable Whether unit has filed any request for Cancellation of Softex No 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 SO to verify and certify whether the unit has updated the BLUT ledger Module in SEZ online As per office order No. 02/2023 dated 16.03.2023, uploading of BLUT online is kept in abeyance 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 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

As per the subject LOA dated 08.04.2019 the authorized operation of the unit is INSTALLATION OF SOLAR PLANT AND DISTRIBUTION OF POWER TO SEZ UNITS IN SEZ CAMPUS.
And accordingly, the solar plant is installed on Terrance/Rooftop, Parking Area, North Block, South Blo0ck, Amenity Block, Plot No. 19, RGIP, Phase III, MIDC-SEZ, Hinjewadi, Pune 411057 and the unit is declaring the Factory Address accordingly.

 In this backdrop the unit is utilizing

infrastructure of another SEZ units in the given campus. 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 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 Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report NIL

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 Whether any violation of any of the provisions of law has been noticed / observed by the Specified Officer during the period under monitoring

No The SO has submitted that, above figures are based on the details furnished by the SEZ unit and data available on SEZ online, these figures may be taken on records for the purpose of monitoring of performance of SEZ unit for the period FY 2020-21 to FY 2024-25 for LOA No SEEPZ-SEZ/MIDC-SEZ/HTL/69/2019-20 dated 08.04.2019 of M/s. Hexaware Technologies Ltd. e. Recommendation: The Unit has achieved export revenue of Rs. 1.56 Crores as against the projected export of Rs. 6.00 Crores and achieved positive NFE of Rs. 1.56 Crores which is 100 % on cumulative basis in 1st Block Period i.e. FY 2020-21 To FY 2024-25. As per SO report the unit has achieved employment of 0 employees (Men-0, Women-0). Approval committee may kindly monitor the performance of the Unit for 5 years i.e. from FY 2020-21 to FY 2024- 25 of 1st Block period, 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 2012-13 32.01 23.25

0.00 0.00 1.32 0.67 0.07 2013-14 38.58 27.84 0.00 0.25 0.50 2014-15 39.83 25.24 0.00 0.14 2.14 2015-16 40.54 19.55 0.00 0.00 0.04 2016-17 40.54 23.22 0.00 0.12 3.87 TOTAL 191.50 119.10 0.00 0.00 1.32 1.18 6.62

a. Proposal : Monitoring of the performance of M/s. Hexaware Technologies Ltd., an IT/ITES Unit located at MIDC-SEZ, Phase-III for 1st & 2nd Block Periods (i.e. FY 2012-13 to FY 2016-17 & FY 2017-18 to FY 2021-22) and 02 Years of Third Block period i.e. 2022-23 & FY 2023-24. Monitoring of the performance of the unit for 5 years of 1 st Block Period from FY 2012-13 to FY 2016-17 5 years of 2 nd Block Period from FY 2017-18 to FY 2021-22 2 years of 3 rd Block Period from FY 2022-23 to FY 2023-24 in terms of Rule 54 of SEZ Rules, 2006. 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”. Performance as compared to projections: for 1 st Block Period FY 2012-13 to 2016-17 Approved Projections: (Rs. In Cr.)

FY 2012-13 to FY 2016-17 FOB Value of Exports 191.50 FE Outgo 015.63 NFE 175.87 Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2012-13 23.11 99.39 % 2013-14 50.36 98.56 % 2014-15 73.35 96.10 % 2015-16 92.76 96.74 % 2016-17 112.00 94.03 % Employment Achievement:

As per the LOA (Form F) As on 31.03.2017 as per SO’s Report. Men 228 103 Women 50 67 Total 278 170 Performance as compared to projections: for 2 nd Block Period FY 2017-18 to 2021-22 Approved Projections: (Rs. In Cr.)

FY 2017-18 to FY 2021-22 FOB Value of Exports 204.33 FE Outgo 24.77 NFE 179.56 Performance as compared to 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 2017-18 37.99 27.18 0.00 0.00 0.20 0.00 0.00 2018-19 39.32 46.21 0.00 0.00 0.00 2019-20 40.69 59.13 0.00 0.03 0.00 2020-21 42.32 42.14 0.00 0.00 0.02 2021-22 44.01 29.92 0.00 0.05 0.83

204.33 204.58 0.00 0.00 0.20 0.08 0.85 Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2017-18 27.06 99.56 % 2018-19 73.15 99.68 % 2019-20 132.16 99.73 % 2020-21 174.03 99.71 % 2021-22 203.11 99.29 %

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2022-23 36.75 41.50

0.00 0.00 00.60 0.00 0.04 2023-24 60.64 57.65 0.00 0.00 4.03 TOTAL 97.39 99.15 0.00 0.00 00.60 0.00 4.07 Employment Achievement:

As per the LOA (Form F) As on 31.03.2022 as per SO’s Report. Men 251 79 Women 75 37 Total 326 116 Performance as compared to projections: for 02 Years of 3 rd Block Period i.e. FY 2022-23 & FY 2023-24 (3 rd Block Period FY 2022-23 to FY 2026-27) Approved Projections: (Rs. In Cr.)

2022-23 2023-24 2024-25 2025-26 2026-27 TOTAL FOB value of export 36.75 60.64 62.15 62.91 63.67 286.12 FE outgo 4.00 4.40 4.84 5.32 5.85 24.41 NFE 32.75 56.24 57.31 57.59 57.82 261.71 Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved:(Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2022-23 41.40 99.76 % 2023-24 94.98 95.80 % Employment Achievement:

As per the Renewal Application As on 31.03.2024 as per SO’s Report. Men 275 31 Women 075 50 Total 350 81

LOA No. & Date SEEPZ-SEZ/HTL/05/2011-12/ DATED 19.04.2012 (Original LOA) Location of Unit 1st Floor, Amenity Area of North Wing, Plot No.19, Rajiv Gandhi Infotech Park, Phase III, Hinjewadi, Pune 411057. Validity of LOA 31.07.2027

Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.08.2012 Execution of BLUT Rs. 8.29 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 a. Projected employment for the block period b. No. of employees as on 31.03.2024 a. 350 (Men-248 Women-102) b. 81 (Men-31 Women-50) Area allotted (in sq.ft.) 19316 Sq. ft Area available for each employee per sq.ft. basis (area / no. of employees) 238.46 Sq. ft Investment till date

Building

Plant & Machinery 0.44 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 19.12.2025 has reported as detailed below: EXPORT- (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) 2012-13 23.25 4.05

23.25 4.05 Data for the period is not available in Trade data reports, as the Softex were filed physically for the relevant period, and that the unit could not submit the Softex copies for verification, however, the unit has assured to submit the available Softex copies in the UAC meeting. 2013-14 27.84 4.65

27.84 4.65 2014-15 25.24 4.04

25.24 4.04 2015-16 19.56 2.86

19.56 2.86 2016-17 23.22 3.66

23.22 3.66

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) 2017-18 27.18 4.20 26.87 4.12 0.31 0.08 Exchange Rate variation 2018-19 46.21 6.53 45.42 6.42 0.79 0.11 Exchange Rate variation 2019-20 59.13 8.35 59.23 8.21 (-)0.10 0.14 Exchange Rate variation 2020-21 42.14 5.68 41.55 5.70 0.59 (-)0.02 Exchange Rate variation 2021-22 29.92 4.00 29.62 3.89 0.30 0.04 Exchange Rate variation

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) 2022-23 41.50 5.02 41.30 5.00 0.20 0.02 Exchange Rate variation 2023-24 57.65 6.95 57.07 6.84 0.58 0.11 Exchange Rate variation

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 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) 2012-13 0.44 0.08 0.44 0.08

2013-14 0.25 0.04 0.25 0.04

2014-15 0.14 0.02 0.14 0.02

2015-16

2016-17 0.74 0.11 0.74 0.11

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) 2017-18 0 0 0 0 0 0 NA 2018-19 0 0 0 0 0 0 NA 2019-20 0.03 0 0.03 0 0 0 No difference 2020-21 0 0 0 0 0 0 NA 2021-22 0 0 0 0 0 0 NA

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) 2022-23 **0.0050 0.0006 0.01 0.00 0 0 Nil 2023-24 0 0 0 0 0 0 Nil ** - There is one import consignment amounting to Rs.50,340/- in FY 22-23 which is mentioned in enclosed Annexure of Import data 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) 2012-13 0.00 0.00 0.00 0.00 0.00 0.00 NA 2013-14 0.00 0.00 0.00 0.00 0.00 0.00 NA 2014-15 0.00 0.00 0.00 0.00 0.00 0.00 NA 2015-16 0.00 0.00 0.00 0.00 0.00 0.00 NA 2016-17 0.00 0.00 0.00 0.00 0.00 0.00 NA

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) 2017-18 0.00 0.00 0.00 0.00 0.00 0.00 NA 2018-19 0.00 0.00 0.00 0.00 0.00 0.00 NA 2019-20 0.00 0.00 0.00 0.00 0.00 0.00 NA

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

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) 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 for CG / Raw Material / Services) Value of Additional BLUT executed

TOTAL value of BLUT Executed: in Crore F.No. SEEPZ-SEZ/HTL/05/2011-12/5849/ DATED 26.04.2012 0.45 CRORES

Total: Rs. 0.45 Crores F.NO.SEEPZ-SEZ/HTL/08/2011-12/VOL- II/505 DATED 12.09.2022 7.84 CRORES

8.29 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] 1ST BLOCK

2012-13 0.11 0 2013-14 0.04 0 2014-15 0.04 0 2015-16 0.00 0 2016-17 0.18 0 Total 0.37 0 2ND BLOCK

2017-18 0.00 0.00 2018-19 0.00 0.00 2019-20 0.01 0.00 2020-21 0.00 0.00 2021-22 0.00 0.10 Total 0.01 0.10 3RD BLOCK

2022-23 0.14 0.10

2023-24 0.08 0.04 Total 0.22 0.14 (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- 2017 1ST BLOCK

Men 248 103 Women 102 67 Total 350 170 2ND BLOCK

Gender As per the LoA (Form F) As on 31-03- 2022 Men 248 79 Women 102 37 Total 350 116 3RD BLOCK

Gender As per the LoA (Form F) As on 31-03- 2024 Men 248 31 Women 102 50 Total 350 81 (e) Details of pending Foreign Remittance beyond Permissible period, if any (As on 31st March, 2017, 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 : Yes. Block 3 : Yes. (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 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 have been filed by the unit and whether the same has been processed for approval by the SO. Yes

(n) Whether the 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. The SO has submitted that, above figures are based on the details furnished by the SEZ unit and data available on SEZ online, these figures may be taken on records for the purpose of monitoring of performance of SEZ unit for the period 2012- 13 to 2023-24 for LOA No SEEPZ-SEZ/HTL/05/2011-12/5567 dated 19.04.2012 of M/s. Hexaware Technologies Ltd.

e. Recommendation: The Unit has achieved export revenue of Rs. 119.10 Crores as against the projected export of Rs. 191.50 Crores and achieved positive NFE of Rs. 112.00 Crores which is 94.03 % on cumulative basis in 1st Block Period i.e. FY 2012- 13 to FY 2016-17. The Unit has achieved export revenue of Rs. 204.58 Crores as against the projected export of Rs. 204.33 Crores and achieved positive NFE of Rs. 203.11 Crores which is 99.29 % on cumulative basis in 2nd Block Period i.e. FY 2017-18 to FY 2021-22. The Unit has achieved export revenue of Rs. 99.15 Crores as against the projected export of Rs. 97.39 Crores and achieved positive NFE of Rs. 94.98 Crores which is 95.80 % on cumulative basis in the first 2 years i.e. FY 2022- 23 to FY 2023-24 of 3rd Block Period. As per SO report the unit has achieved employment of 81 employees (Men-31 Women-50) as on 31.03.2024. It is observed that the unit has reported incorrect amortization values in r/o Imported Capital Goods for all the Financial Years. The unit is required to revise their APRs for all the Financial Years. Approval committee may kindly monitor the performance of the Unit for 5 years of 1 st Block Period (FY 2012-13 to FY 2016-17), 5 years of 2nd Block Period (FY 2017-18 to FY 2021-22) and 2 years of 3 rd Block Period (FY 2022-23 to FY 2023-24) in terms of Rule 54 of SEZ Rules, 2006.

a. Proposal : Proposal dated 24.12.2025 submitted by M/s. Ascendas IT Park (Pune) Private Ltd. (Co-Developer) located in MIDC – SEZ for Change in the Board of Directors. Approval of the Committee for Change in Board of Directors of the Company during the financial year 2024-25 till date in terms of Instruction No. 109 dated 18.10.2021. 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.” … Previous List of Board of Director: Sr. No Name of the Directors Designation Date of Appointment Date of Cessation 1 Rohith Bhandary Director 29.08.2022

Suma Vishakh Director 29.08.2022 23.07.2025 3. Vijay Bhasin Director 29.08.2022

Proposed List of Board of Director after change: Sr. No Name of the Directors Designation Date of Appointment 1. Rohith Bhandary Director 29.08.2022 2. Vijay Bhasin Director 29.08.2022 3. Ananth Vasanth Nayak Additional Director 12.09.2025 4. Vikas Kalia Additional Director 17.09.2025 Information: - M/s. Ascendas IT Park (Pune) Private Ltd. (Co-Developer), is granted LOA NO. F.2/129/2005-EPZ dated 21.01.2008 is located at Plot No. 18, MIDC-SEZ, Rajiv Gandhi Infotech Park, Hinjewadi, Phase III, Pune 411057. The Co-Developer has submitted following documents: Board Resolution dated 12.09.2025 appointing Mr. Ananth Vasanth Nayak as Additional Director. Board Resolution dated 17.09.2025 appointing Mr. Vikas Kalia as Additional Director. Resignation Letter of Ms. Suma Vishakh dated 23.07.2025 accepted by the Board. Certified true Copy of the Board’s Resolution for Authorising Mr. Anish Singh as Authorized signatory.

Copy of Form No. DIR-12 & Challan filed with Registrar of Companies, Pune – intimating Resignation of Ms Suma Vishakh, Director. Copy of Form No. DIR-12 & Challan filed with Registrar of Companies, Pune – intimating Appointment of Mr Ananth Vasanth Nayak, Additional Director. Copy of Form No. DIR-12 & Challan filed with Registrar of Companies, Pune – intimating Appointment of Mr Vikas Kalia, Additional Director. Copy of Company’s Master Data as extracted from Ministry of Corporate affairs (MCA) portal reflecting the revised Directors/Additional Directors of the Company. Address proof of Mr. Ananth Vasanth Nayak, Additional Director. Address proof of Mr. Vikas Kalia, Additional Director. Undertaking in term of Instruction No. 109. Copy of Undertaking regarding Personal liability arising if any, against resigning director. Reason for change in Board of Director : There has been a change in the Board of Directors due to the resignation of Ms. Suma Visakh as Director and Appointments of Mr. Ananth Vasanth Nayak and Mr. Vikas Kalia as Additional Directors. M/s. Ascendas IT Park (Pune) Private Ltd. have confirmed that there is no change in their shareholding pattern. e. Recommendation: Approval Committee may kindly consider the proposal of the Co-Developer for Change in Board of Directors, in terms of Instruction no. 109 issued by MOC&I.

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