IN FORCE SEZ / EOU / FTWZ

Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 24th February, 2026. — 04-krc-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 M/S. KRC INFRASTRUCTURE & PROJECTS PVT. LTD. AND GERA DEVELOPMENT PVT. LTD.

DATE : 24.02.2026

TIME : 12.00 P.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 24.02.2026

INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 12.09.2025 Agenda Item No. 02: - Action taken report for the Minutes of the meeting held on 12.09.2025 Agenda Item No. 03:- Monitoring of performance of M/s. Mindcrest India Pvt. Ltd. Agenda Item No. 04:- Monitoring of performance of M/s. BP Business Solutions India Pvt. Ltd

मैसस केआरसी इंाटचर एंड ोजेट ा. लिमटेड और मैसस गेरा डेवलपमट ा. लिमटेड एसईजेड खराड़ी, पुणे, के आईटी-आईटीईएस सेटर के िव%श' िवशेष आ)थक +े, के लए +े,ीय िवकास आयु. सी/ज़-एसईजेड, मुंबई क2 अ4य+ता म 12.09.2025 को आयो6जत अनुमोदन सिम9त क2 42 व: बैठक का कायवृ=। 1 एसईजेड का नाम मैसस केआरसी इंाटचर एंड ोजेट ा. लिमटेड और मैसस गेरा डेवलपमट ा. लिमटेड एसईजेड 2 सेटर आईटी/आईटीईएस 3 बैठक सं?या 42 वी 4 तारीख 12.09.2025 उपAथत सदय: B. नाम और पदनाम (एस/Cी.)
िवभाग 1 Cीमती िमतल िहरेमठ संयु.

चर एंड ोजेट ा. लिमटेड और मैसस गेरा डेवलपमट ा. लिमटेड एसईजेड 2 सेटर आईटी/आईटीईएस 3 बैठक सं?या 42 वी 4 तारीख 12.09.2025 उपAथत सदय: B. नाम और पदनाम (एस/Cी.)
िवभाग 1 Cीमती िमतल िहरेमठ संयु. िवकास आयु. पुणे Fटर एसईजेड, पुणे 2 Cी अ%भनव राठी उप आयु., आयकर िवभाग आयकर िवभाग से नािमत 3 Cीमती पुGपा गंगावणे, एफटीडीओ पुणे डीजीएफटी िवभाग से नािमत 4 Cी. धवल %शकK , अधी+क सीमा शुLक िवभाग पुणे से नािमत 5 Cीमती सुषमा कुंभार, फ2Lड ऑिफसर महारा' दूषण िनयं,ण बोड के नािमत िवशेष आमंि,त सदय: B. नाम और पदनाम (Cी.) िवभाग 1 Cी. शPभू दयाल मीना, िविनQद' अ9धकारी सी/ज़-एसईज़ेड, पुणे Fटर एजडा िवषय B. 01: िदनांक 29.07.2025 को आयो6जत 41 व: बैठक के कायवृ= क2 पुि' । िवचारिवमश के बाद, सिम9त ने 29.07.2025 को आयो6जत अनुमोदन सिम9त क2 41 व: बैठक के कायवृ= क2 पुि' क2।

एजडा िवषय B. 02: 29.07.2025 को आयो6जत बैठक के कायवृ= के लए क2 गई कारवाई Rरपोट। िवचार-िवमश के बाद, सिम9त ने 29.07.2025 को आयो6जत बैठक के लए क2 गई कारवाई Rरपोट नोट क2 है। एजडा िवषय B. 03: मेसस बाक लेज Sलोबल सQवस सटर ाइवेट लिमटेड Tारा उनक2 अUय एसईजेड इकाइयV, एसटीपीआई इकाइयV, गैर-एसटीपीआई इकाइयV और बीजीएससीपीएल क2 डीटीए इकाइयV के साथ सामाUय इंाटचर सुिवधाएं को साझा करने के संबंध म अनुमोदन के लए तुत आवेदन। िवचार-िवमश के बाद सिम9त ने मेसस बाक लेज Sलोबल सQवस सटर ाइवेट लिमटेड Tारा अपनी अUय एसईजेड इकाइयV, एसटीपीआई इकाइयV, गैर-एसटीपीआई इकाइयV और बीजीएससीपीएल क2 डीटीए इकाइयV के साथ एसईजेड िनयम, 2006 के िनयम 27 (5) के अनुसार सामाUय इंाटचर सुिवधाएं को साझा करने के लए तुत ताव को मंजूरी दे दी, जैसा िक नीचे बताया गया है: वीकृत सामाUय इंाटचर सुिवधाएं: Bम सं?या सामाUय उपकरण/आईटी इंाटचर

े िनयम 27 (5) के अनुसार सामाUय इंाटचर सुिवधाएं को साझा करने के लए तुत ताव को मंजूरी दे दी, जैसा िक नीचे बताया गया है: वीकृत सामाUय इंाटचर सुिवधाएं: Bम सं?या सामाUय उपकरण/आईटी इंाटचर अUय एसईजेड/गैर-एसटीपीआई/एसटीपीआई और डीटीए इकाई के साथ साझा करना 1 वचुअल ाइवेट नेटवक अवसंरचना, ISP राउटर, कोर Aवच, MPLS राउटर, DC Aवचेस, आंतRरक फ़ायरवॉल, बाहरी फ़ायरवॉल, VPN गेटवे एवं राउटर • चेZई SEZ इकाई • मुंबई STPI इकाई • नोएडा STPI इकाई • मुंबई Non-STPI इकाई • गु[\ाम DTA इकाई • बगलु[ DTA इकाई

Bम सं?या इकाई पूण पता 1. पुणे SEZ इकाई 5व: से 12व: मंिज़ल (आं%शक), िब]Lडग G2, गेरा कॉमज़^न SEZ, सवK नं. 65, खराडी, पुणे, महारा'-411014 2. चेZई SEZ इकाई 2व:, 5व:, 6व: एवं 8व: मंिज़ल, _लॉक 9 A एवं 9B, डीएलएफ आईटी पाक , 1/124, %शवाजी गाडन, मूनलाइट टॉप, तिमलनाडु, चेZई-600089।

मुंबई STPI इकाई लेवल 12, _लॉक B-6, नलॉन नॉलेज पाक , ऑफ वेटन एसेस हाईवे, गोरेगांव (पूव), मुंबई-400063। 4. नोएडा STPI इकाई 5व: से 10व: मंिज़ल, यूिनटेक इUफोपेस पाक , िब]Lडग नं. 1 , /लॉट नं. 2 , _लॉक B , सेटर 6 2 , उ=र देश, नोएडा-201307, भारत। 1व: एवं 7व: से 12व: मंिज़ल, यूिनटेक इUफोपेस पाक , िब]Lडग नं. 2, /लॉट नं. 2 , _लॉक B , सेटर 62, उ=र देश, नोएडा-201307, भारत। 5. मुंबई Non-STPI इकाई लेवल 9, _लॉक B-4 एवं लेवल 11, _लॉक B-6, नलॉन नॉलेज पाक , ऑफ वेटन एसेस हाईवे, गोरेगांव (पूव), मुंबई-400063। 6. गु[\ाम DTA इकाई लेवल 9, 10 एवं 11, _लॉक-4 , डीएलएफ डाउनटाउन, कम)शयल साइट, _लॉक-V , डीएलएफ 6सटी फेज-III, सेटर 25A, गु[\ाम-122002, हRरयाणा। 7. बगलु[ DTA इकाई सवK नं. 71, इंडAटयल एRरया फेज 2, `हाइटफ़2Lड बगलु[, आईटीपीएल मेन रोड, JAG टेडस, /लॉट नं.

ाउनटाउन, कम)शयल साइट, _लॉक-V , डीएलएफ 6सटी फेज-III, सेटर 25A, गु[\ाम-122002, हRरयाणा। 7. बगलु[ DTA इकाई सवK नं. 71, इंडAटयल एRरया फेज 2, `हाइटफ़2Lड बगलु[, आईटीपीएल मेन रोड, JAG टेडस, /लॉट नं. 12, डोaानेकुंडी, बगलु[, बगलु[ अबन, कनाटक, 560048।

सिम9त ने यूिनट को यह पुि' करते हुए समय-समय पर Rरपोट और undertaking उपरो. समत यूिनट से पट कर तुत करने का िनदKश िदया िक सभी इकाइयV Tारा केवल िनयात िकया जाएगा और कोई डीटीए सेवाएं दान नह: क2 जाएंगी। अनुमोदन एसईजेड िनयम, 2006 के िनयम 27(5) के अनुसार िदया गया है। एजडा िवषय B. 04: मेसस ऑलटेट इं9डया ाइवेट लिमटेड के दशन क2 िनगरानी। िवचार-िवमश के बाद सिम9त ने एसईजेड िनयम, 2006 के िनयम 54 के संदभ म पहले _लॉक अव9ध के अं9तम वष यानी िव= वष 2019- 20 और दूसरे _लॉक अव9ध के 4 वषb यानी िव= वष 2020-21 से िव= वष 2023-24 के लए इकाई के दशन को नोट िकया, जैसा िक नीचे बताया गया है: यूिनट ने 334.75 करोड़ [पये के अनुमािनत िनयात के मुकाबले 364.81 करोड़ [पये का िनयात राजव हा6सल िकया है और 1019.46 करोड़ [पये का सकाराcमक एनएफई हा6सल िकया है जो िक पहले _लॉक अव9ध के 5 व वष यानी िव= वष 2019-20 म संचयी आधार पर 96.64% है। यूिनट ने 1505.29 करोड़ [पये के अनुमािनत िनयात के मुकाबले 1965.39 करोड़ [पये का िनयात राजव हा6सल िकया है और 1724.54 करोड़ [पये का सकाराcमक एनएफई हा6सल िकया है, जो दूसरे _लॉक अव9ध के 4 वषb यानी िव= वष 2020-21 से िव= वष 2023-24 म संचयी आधार पर 87.75% है। इकाई ने 3008 (1830 पु[ष और 1178 मिहलाएं) रोजगार हा6सल िकया है। इकाई को िनदKश िदया िक वह 29 सॉdटेस प,V का माणीकरण मांजरी एस्.ए.ओ.

यानी िव= वष 2020-21 से िव= वष 2023-24 म संचयी आधार पर 87.75% है। इकाई ने 3008 (1830 पु[ष और 1178 मिहलाएं) रोजगार हा6सल िकया है। इकाई को िनदKश िदया िक वह 29 सॉdटेस प,V का माणीकरण मांजरी एस्.ए.ओ. से ाf करे, यVिक इकाई ारंभ म मांजरी एसईज़ेड के अंतगत थी और बाद म केआरसी गेरा एसईज़ेड म थानांतRरत हो गई।” अ4य+ को धUयवाद gापन के साथ बैठक समाf हुई।

Minutes of the 42nd 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. KRC Infrastructure Pvt. Ltd. & Gera Development Pvt. Ltd- SEZ., Pune, held on 12.09.2025 1 Name of the SEZ M/s. KRC Infrastructure and Project Pvt. Ltd. & M/s Gera Develpment Pvt. Ltd. SEZ 2 Sector IT/ITES 3 Meeting No. 42nd 4 Date 12.09.2025 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 Smt. Pushpa Gangawane. FTDO Nominee of DGFT, Pune 4 Shri. Dhaval Shirke, Superintendent Nominee of Customs, Pune 5 Smt. Sushma Kumbhar, Field Officer Nominee of Maharashtra Pollution Control Board Special Invitee: Sr Name and Designation Department 1 Shri. Shambhu Dayal Meena Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No.01: Confirmation of the Minutes of the 41st meeting held on 29.07.2025 After deliberation, the Committee confirmed the minutes of the 41st meeting of Approval Committee held on 29.07.2025.

Item No.01: Confirmation of the Minutes of the 41st meeting held on 29.07.2025 After deliberation, the Committee confirmed the minutes of the 41st meeting of Approval Committee held on 29.07.2025. Agenda Item No.02: Action taken report for the minutes of the meeting held on 29.07.2025 After deliberation, the Committee has noted the Action taken report for the meeting held on 29.07.2025. Agenda Item No.03: Application submitted by M/s. Barclays Global Service Centre Pvt. Ltd for approval w.r.t Sharing of Infrastructure facilities with their other SEZ units, STPI Units, Non-STPI Units and DTA. Units of BGSCPL. After deliberation the committee approved the proposal submitted by M/s. Barclays Global Service Centre Pvt. Ltd for Sharing of Infrastructure facilities with their other SEZ units, STPI Units, Non-STPI Units and DTA Units of BGSCPL in terms of Rule 27(5) of SEZ Rules, 2006, as detailed below:
Approved Common Infrastructure facilities:

Sr.No Common equipment/IT Infrastructure Sharing with other SEZ/Non-STPI/STPI and DTA Unit 1 Virtual private network Infrastructure, ISP router, Core Switch, MPLS Router, DC Switches, Internal firewall, External firewall, VPN Gateways and Routers Chennai SEZ Unit Mumbai STPI unit Noida STPI Unit Mumbai Non-STPI Unit Gurgaon DTA Unit Bangalore DTA Unit

Sr.No Unit Complete address 1. Pune SEZ Unit 5th to 12th Floor-Part, Building G2, Gera Commerzone SEZ, Survey No.65, Kharadi, Pune, Maharashtra-411014. 2. Chennai SEZ Unit 2nd, 5th, 6th & 8th Floor, Block 9A & 9B, DLF IT Park, 1/124, Shivaji garden, Moonlight Stop, Tamil

ing G2, Gera Commerzone SEZ, Survey No.65, Kharadi, Pune, Maharashtra-411014. 2. Chennai SEZ Unit 2nd, 5th, 6th & 8th Floor, Block 9A & 9B, DLF IT Park, 1/124, Shivaji garden, Moonlight Stop, Tamil Nadu, Chennai-600089 3. Mumbai STPI Unit Level 12, Block B-6, Nirlon Knowledge Park, Off Western Express Highway, Goregaon (East), Mumbai-400063.

Noida STPI Unit 5th to 10 Floor, Unitech Infospace Park, Building no. 1 Plot no. 2, Block B, Sector 62, Uttar Pradesh, Noida-201307 India 1st and 7th to 12th Floor, Unitech Infospace Park, Building no. 2, Plot no. 2, Block B, Sector 62, Uttar Pradesh, Noida-201307 India. 5. Mumbai Non-STPI Unit Level 9, Block B-4 & Level 11, Block B-6, Nirlon Knowledge Park, off. Western Express Highway, Goregaon (East), Mumbai-400063 6. Gurgaon DTA Unit Level 9, 10 & 11, Block-4, DLF Downtown, Commercial Site, Block-V, DLF City Phase-III, Sector 25A, Gurugram-122002, Haryana 7. Bangalore DTA unit SY No. 71, Industrial Area Phase 2, Whitefield Bengaluru, ITPL Main Road, JAG Traders, Plot No. 12, Doddanekundi, Bengaluru, Bengaluru Urban, Karnataka, 560048

The Committee directed the Unit to submit periodic reports as well as Undertaking from all above units that only exports will be undertaken by all the entities and that no DTA services will be provided. Approval is given in terms of Rule 27(5) of SEZ Rules, 2006. Agenda Item No.04: Monitoring of performance of M/s Allstate India Pvt. Ltd. After deliberation, the committee noted the performance of the unit for Last year of 1st Block period i.e.

EZ Rules, 2006. Agenda Item No.04: Monitoring of performance of M/s Allstate India Pvt. Ltd. After deliberation, the committee noted the performance of the unit for Last year of 1st Block period i.e. FY 2019-20 and 4 years of 2nd Block period i.e. FY 2020-21 to FY 2023-24, in terms of Rule 54 of SEZ Rules, 2006. As detailed below: The Unit has achieved export revenue of Rs. 364.81 Crores as against the projected export of Rs. 334.75 Crores and achieved positive NFE of Rs. 1019.46 Crores which is 96.64% on cumulative basis in the 5th Year of 1st Block period i.e. FY 2019-20. The Unit has achieved export revenue of Rs. 1965.39 Crores as against the projected export of Rs. 1505.29 Crores and achieved positive NFE of Rs. 1724.54 Crores which is 87.75 % on cumulative basis in 4 years of 2nd Block period i.e. FY 2020-21 to FY 2023-24. The unit has achieved employment of 3008 (1830 Men and 1178 Women). The Committee directed the Unit to obtain certification of 29 Softex forms from the Manjari SAO, as the Unit was initially under Manjari SEZ before being shifted to KRC Gera SEZ. Meeting ended with a vote of thanks to the Chair.

(gानेhर बी. पाटील, आईएएस) (Dnyaneshwar B.

from the Manjari SAO, as the Unit was initially under Manjari SEZ before being shifted to KRC Gera SEZ. Meeting ended with a vote of thanks to the Chair.

(gानेhर बी. पाटील, आईएएस) (Dnyaneshwar B. Patil, IAS) अ4य+ एवं िवकास आयु. Chairman-cum- Development Commissioner

signaturerectangle-1-186 Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2025.10.01 12:36:37 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

Mr. Dnyaneshwar B Patil Development Commissioner PUNE- SEZ

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Mr. Dnyaneshwar B Patil Development Commissioner PUNE- SEZ

Action Taken for Approval Committee held on 12-09-2025 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 41st Meeting held on 29-07-2025 After deliberation, the Committee confirmed the minutes of the meeting held on 29.07.2025 Agenda Item No. 02 Application for Sharing of Infrastructure(M/s Barclays Global Services Centre Pvt.Ltd.) Approval letter is issued to the Unit on 03.10.2025 Agenda Item No. 03 Application for Monitoring of Performance(M/s. Allstate India Pvt. Ltd.) Approval letter is issued to the Unit on 03.10.2025

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 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. Mindcrest India Pvt. Ltd. an IT/ITES unit located in M/s. KRC Infrastructure and Project Pvt. Ltd. & Gera Development Pvt. Ltd. – SEZ, for 5 years of the 1st Block Period i.e. FY 2020-21 to FY 2024-25. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years of the 1st Block Period i.e.

rs of the 1st Block Period i.e. FY 2020-21 to FY 2024-25. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5 years of the 1st Block Period i.e. FY 2020-21 to FY 2024-25, 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: Approved Projections: (Rs. In Cr.) 2020-21 2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 13.33 57.05 59.71 63.73 65.18 259.00 FE Outgo 8.82 2.97 0.90 3.51 1.63 17.83 NFE 4.51 54.07 58.81 60.22 63.55 241.16 Performance as compared to projections: (Rs. In Cr.)

2020-21 13.33 9.42 0.00 0.00 16.54 4.36 0.00 2021-22 57.05 52.94 0.00 0.00 0.00 0.00 2022-23 59.71 56.84 0.00 0.00 0.00 0.00 2023-24 63.73 56.61 0.00 0.00 0.00 0.00 2024-25 65.18 57.96 0.00 0.00 0.00 0.00 Total 259.00 233.77 0.00 0.00 16.54 4.36 0.00

Cumulative NFE achieved: (Rs. in Cr) Year

Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 8.99 95.37% 2021-22 61.50 98.60% 2022-23 117.89 98.90% 2023-24 174.06 99.01% 2024-25 231.58 99.07% Employment Achievement (Direct):

Approved Achieved Men 340 106 Women 510 148 Total 850 254

LOA No.

99 95.37% 2021-22 61.50 98.60% 2022-23 117.89 98.90% 2023-24 174.06 99.01% 2024-25 231.58 99.07% Employment Achievement (Direct):

Approved Achieved Men 340 106 Women 510 148 Total 850 254

LOA No. & Date SEEPZ-SEZ/NEW-SEZ/KRC-SEZ/06/2020- 21/3383 Dated 10.08.2020 Location of Unit Unit No.701, 7th Floor, Building 6 (R4), KRC Infrastructure & Project Pvt. Ltd. and Gera Development Pvt. Ltd. S. No. 65, Kharadi, Pune-411014. Validity of LOA 31.01.2026 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 01.02.2021 Execution of BLUT Rs. 24.70 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 31.03.2025 254 (Men-106, Women-148) Area allotted (in sq. ft.) 56,000 Sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 220.47 Sq. ft. Investment till date

Building

Plant & Machinery 9.87 Cr 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 06.01.2026 has reported as detailed below: EXPORT (Rs.

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 06.01.2026 has reported as detailed below: EXPORT (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) 2020-2021 9.42 9.48 (0.06) Difference is due to Exchange Rate variation. 2021-2022 52.94 52.88 0.06 Difference is due to Exchange Rate variation. 2022-2023 56.84 57.08 (0.24) Difference is due to Exchange Rate variation. 2023-2024 56.61 56.81 (0.20) Difference is due to Exchange Rate variation. 2024-2025 57.96 58.07 (0.12) Difference is due to Exchange Rate variation. IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (Rs. In Cr) Year/Period Figures reported in APR (CIF Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2020-2021 4.36 4.36 0.00

As per APR format the value reported is Cumulative Values. 2021-2022 0.00 0.00 0.00 2022-2023 0.00 0.00 0.00 2023-2024 0.00 0.00 0.00 2024-2025 0.00 0.00 0.00

(3) (4) (5) 2020-2021 4.36 4.36 0.00

As per APR format the value reported is Cumulative Values. 2021-2022 0.00 0.00 0.00 2022-2023 0.00 0.00 0.00 2023-2024 0.00 0.00 0.00 2024-2025 0.00 0.00 0.00

Raw Material (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)

2020-21 To 2024-25

0.00 0.00 0.00

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 F.No. SEEPZ-SEZ/NEWSEZ/KRCSEZ/MIPL/ 06/2020- 21/3406 dated 17.08.2020 Rs. 24.67 Crore Total: Rs. 24.70 Crore 2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Goods Imported & Indigenous Services Imported & Indigenous 20-21 1.73 0.27 21-22 0.18 7.36 22-23 0.03 2.65 23-24 0.02 1.71 24-25 0.01 0.00 Total 1.98 11.99

(d) Employment made as on date (31.03.2025) (as on end of block period/ year up to which monitoring is being done) Men : 106 Women : 148 Total No Employment :254 nos. The same has been verified from their Online MPR. (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 foreign remittance is pending as on 31.03.2025

d 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 foreign remittance is pending as on 31.03.2025

(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 Yes. Below are the details of the same: (Rs.

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 Yes. Below are the details of the same: (Rs. In Cr) FY Value Duty Payable 2023-24 7.11 1.33 2024-25 0.05 0.02 Total 7.16 1.35

(l) Is the unit sharing any of their infrastructure with other units or are utilizing infrastructure of another unit in the same or other SEZ. If so, details thereof, including the details of the unit with whom the sharing is being made, and the payment terms If approval for sharing of common infrastructure has been obtained from UAC/DC office, the date of UAC/ Approval letter to be indicated No (m) Whether all DSPF for services procured during the said monitoring period under consideration has been filed by the unit and whether the same has been processed for approval by the SO Office. Yes.

(n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period: If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No Request ID is pending for OOC. (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

aid 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 Unit has not set-up cafeteria / canteen / food court in our Unit premises. (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. NA e. Recommendation: The Unit has achieved export revenue of Rs. 233.77 Crores as against the projected export of Rs. 259.00 Crores and achieved positive NFE of Rs. 231.58 Crores which is 99.07 % on cumulative basis in 5 years of 1st Block Period i.e. FY 2020-21 to FY 2024-25. As per SO report the unit has generated employment of 254 (Men-106, Women-148) as on date 31.03.2025 Approval committee may kindly monitor the performance of the Unit for 5 years of the 1st Block Period i.e. FY 2020-21 to FY 2024-25, in terms of Rule 54 of SEZ Rules, 2006.

indly monitor the performance of the Unit for 5 years of the 1st Block Period i.e. FY 2020-21 to FY 2024-25, 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 2020-21 292.87 0.00 0.00 0.00 6.60 7.78 0.00 2021-22 307.60 328.88 0.00 0.00 6.47 34.18 2022-23 813.39 754.49 0.00 0.00 0.70 57.09 2023-24 1132.18 960.49 0.00 0.00 0.65 29.50 2024-25 1307.46 750.46 0.00 0.00 0.12 47.90 Total 3853.50 2794.33 0.00 0.00 6.60 15.72 168.67 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. BP Business Solutions India Pvt. Ltd. an IT/ITES unit located in M/s. KRC Infrastructure and Project Pvt. Ltd. & Gera Development Pvt. Ltd. – SEZ, for the 1st Block Period i.e. FY 2020-21 to FY 2024-25. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 1st Block Period i.e. FY 2020-21 to FY 2024-25, 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.

/
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: Approved Projections: (Rs. In Cr.)

2020-21

2021-22 2022-23 2023-24 2024-25 TOTAL FOB Value of Exports 292.87 307.60 813.39 1132.18 1307.46 3853.50 FE Outgo 83.08 11.00 56.36 53.46 54.36 258.26 NFE 209.79 296.60 757.03 1078.72 1253.10 3595.24 Performance as compared to projections: (Rs. In Cr.)

Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2020-21 -77.76

2021-22 292.50 88.94% 2022-23 988.41 91.23% 2023-24 1917.84 93.83% 2024-25 2618.84 93.72% Employment Achievement (Direct):

Approved Achieved Men 1264 1022 Women 681 681 Total 1945 1703 Reason for shortfall in projected Export and Employment: The unit has submitted that the export and employment projections were originally prepared based on a new project that was initially planned to be executed from their SEZ unit. However, due to change in the business plans the said project was later undertaken from their non‑STPI location instead. As a result, the projected exports and employment figures could not be achieved as originally planned.

Information: LOA No.

e said project was later undertaken from their non‑STPI location instead. As a result, the projected exports and employment figures could not be achieved as originally planned.

Information: LOA No. & Date SEEPZ-SEZ/NEW- SEZ/KRCSEZ/BPBSIPL/05/2020-21/3384 Dated 10.08.2020 Location of Unit Unit 201,301,401, 2nd, 3rd & 4th Floor, Bldg-6, R4, Survey No 65, M/s. KRC Infrastructure and Project Pvt. Ltd. & Gera Development Pvt. Ltd.-SEZ, Kharadi, Pune-411014. Validity of LOA 14.02.2026 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 15.02.2021 Execution of BLUT Rs. 139.64 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 31.03.2025 1703 (Men-1022, Women-681) Area allotted (in sq. ft.) 1,68,000 Sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 98.64 Sq. ft. Investment till date

Building 80.46 Plant & Machinery 89.36

Area allotted (in sq. ft.) 1,68,000 Sq. ft. Area available for each employee per sq.ft. basis (area / no. of employees) 98.64 Sq. ft. Investment till date

Building 80.46 Plant & Machinery 89.36

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 02.02.2026 has reported as detailed below: EXPORT (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) 2020- 21 0 0 0 (Actual Commencement of Unit on 25.02.2021) 2021- 22 328.87 325.75 3.13 The Difference is due to foreign exchange gain / loss. In the SOFTEX form, SEZ online portal is auto- picking up the exchange rate based on the customs exchange rate notification on the date of filing of SOFTEX form. On the other hand, company is recording transactions as per invoice date's exchange rate. Due to this difference of exchange rate, there is difference in INR value reported in SOFTEX vis- a-vis in APR (i.e., books of Accounts) 2022- 23 754.49 791.44 -36.85 a) Diff. of Rs. 1.25 crores is due to foreign exchange gain / loss b) Diff. of Rs. 60.56 crores is due to Credit Notes not getting reported in SOFTEX form.

of Accounts) 2022- 23 754.49 791.44 -36.85 a) Diff. of Rs. 1.25 crores is due to foreign exchange gain / loss b) Diff. of Rs. 60.56 crores is due to Credit Notes not getting reported in SOFTEX form. Please note that SOFTEX form does not accept credit notes and hence, we have to file it without credit notes. Because of this, SOFTEX amount is appearing on higher side as compared to actual Revenue reported in APR.
c) Diff. of Rs. 22.46 crores is DTA sales reported under Rule 53A 2023- 24 960.49 1059.85 -99.36 a)Diff. of Rs. 21.81 crores is due to foreign exchange gain / loss b)Diff. of Rs. 74.99 crores is due to Credit Notes not getting reported in SOFTEX form. Please note that SOFTEX form does not accept credit notes and hence, we have to file it without credit notes. Because of this, SOFTEX amount is appearing on higher side as compared to actual Revenue reported in APR.
c) Diff. of Rs. 2.53 crores is due to invoices cancelled 2024- 25 750.46 954.03 -203.57 a) Diff. of Rs. 218.84 crores is due to Credit Notes not getting reported in SOFTEX form. Please note that SOFTEX form does not accept credit notes and hence, we have to file it without credit notes. Because of this, SOFTEX amount is appearing on higher side as compared to actual Revenue reported in APR. b) Diff. of Rs.

not accept credit notes and hence, we have to file it without credit notes. Because of this, SOFTEX amount is appearing on higher side as compared to actual Revenue reported in APR. b) Diff. of Rs. 9.17 crores pertains to Debit Note recognised in Financials reported in APR c) Diff. of Rs. 6.11 crores is due to foreign exchange gain / loss

IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (Rs. In Cr) Year/Period Figures reported in APR (CIF Value) Figures as per Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5) 2020-21 7.78 8.88 1.11 In FY 2020-21, company inadvertently reported "CIF value of Import" instead of "Assessable value" in APR. However, the same has been rectified in next year i.e., in FY 2021-22. 2021-22 14.25 14.25 0 The difference of FY 2020-21 adjusted in this year. Since, cumulative values are reported in APR, the said difference is not appearing again in this year. 2022-23 14.94 14.94 0

2023-24 15.59 15.59 0

2024-25 15.71 15.71 0

Raw Material (Rs.

reported in APR, the said difference is not appearing again in this year. 2022-23 14.94 14.94 0

2023-24 15.59 15.59 0

2024-25 15.71 15.71 0

Raw Material (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) 2020-21 To 2024- 25 0.00 0.00 0.00

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 F. No. SEEPZ-SEZ/NEWSEZ/KRC-SEZ/BPBSIPL/05/2020-21/3384 dated 30 September 2020 Rs. 139.64 Crore No Additional BLUT executed.

2 Total Duty Foregone on goods & services procured Category Wise: Year Wise: FY Goods Imported & Indigenous Services Imported & Indigenous 20-21 8.13 4.25 21-22 3.49 16.64 22-23 0.56 31.55 23-24 0.70 22.78 24-25 3.60 47.31 Total 16.49 122.53 3 Has the Unit procured goods 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 (31.03.2025) (as on end of block period/ year up to which monitoring is being done) Men : 1022 Women : 681 Total No. of Employment :1703 nos.

oyment made as on date (31.03.2025) (as on end of block period/ year up to which monitoring is being done) Men : 1022 Women : 681 Total No. of Employment :1703 nos. (This is direct employment figures) The same has been verified from their Online MPR. (e) 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 foreign remittance is pending as on 31.03.2025

(f) Whether all Softex has been filed for the said period. If no, details thereof. SO to also check whether unit has obtained Softex condonation from DC office / RBI and if approved, whether they have filed such pending Softex. Yes (g) Whether all Softex has been certified, if so till which month has the same been certified. If not, provide details of the Softex and reasons for pendency. There is 1 Request ID of Softex Forms which is not yet certified. The details of the same is as below: Sr.No Request ID Month 1 142400195991 June-2024 (h) Whether unit has filed any request for Cancellation of softex No (i) Whether any Services provided in DTA/SEZ/EOU/STPI etc.

f the same is as below: Sr.No Request ID Month 1 142400195991 June-2024 (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 Yes. Below are the details of the same:(Rs. In Crore) FY Value Duty Payable 2020-21

2021-22

2022-23 1.61 0.45 2023-24

2024-25 1.36 0.26 Total 2.97 0.71

(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 Yes – Sharing of voice infrastructure with DTA unit of BP Business Solutions India Private Limited. DTA unit reimburses the cost of using infrastructure of the SEZ unit at a mutually decided rate. UAC meeting held on 28 March 2024 and minutes of the meeting issued vide F.No. S-SEZ-MINSOKRCG/1/2022-JDCP dtd 12.04.2024 issued by the Development Commissioner (m) Whether all DSPF for services procured during the said

28 March 2024 and minutes of the meeting issued vide F.No. S-SEZ-MINSOKRCG/1/2022-JDCP dtd 12.04.2024 issued by the Development Commissioner (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. No. Partially submitted and approved, rest under process (n) Whether unit has filed all DTA procurement w.r.t. the goods procured by them during the monitoring period for the relevant period: If no, details thereof Yes (o) Details of the request IDs pending for OOC in respect of DTA procurement on the date of submission of monitoring report No Request IDs are pending for Out of Charge

(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 Yes, the Unit have set-up cafeteria in the SEZ Unit premises . The cafeteria approval was obtained vide F.N0.SEEPZ-SEZ/NEWSEZ/KRCSEZ/BPBSIPL/ 05/2020-21 J 44) dated 24.03.2022. (q) Whether any violation of any of the provisions of law has been noticed/ observed by the Specified Officer during the period under monitoring. NA

e. Recommendation: The Unit has achieved export revenue of Rs. 2794.33 Crores as against the projected export of Rs.

ticed/ observed by the Specified Officer during the period under monitoring. NA

e. Recommendation: The Unit has achieved export revenue of Rs. 2794.33 Crores as against the projected export of Rs. 3853.50 Crores and achieved positive NFE of Rs. 2618.84 Crores which is 93.72 % on cumulative basis in 1st Block Period i.e. FY 2020-21 to FY 2024-25. As per SO report the unit has generated employment of 1703 (Men-1022, Women-681) as on date 31.03.2025 Approval committee may kindly monitor the performance of the Unit for the 1st Block Period i.e. FY 2020-21 to FY 2024- 25., in terms of Rule 54 of SEZ Rules, 2006.

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