Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 24th February, 2026. — 11-syntel-sez

SEEPZ SPECIAL ECONOMIC ZONE ANDHERI (EAST), MUMBAI.

AGENDA FOR

MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE OF M/s. SYNTEL INTERNATIONAL PVT. LTD. SEZ PUNE.

DATE : 24.02.2026

TIME : 12:00 PM

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MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES AT PUNE, UNDER THE CHAIRMANSHIP OF DEVELOPMENT COMMISSIONER, SEEPZ-SEZ ON 24.02.2026.

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:- Monitoring of performance for M/s. Atos Global IT Solutions and Services Pvt Ltd (Unit II). Agenda Item No. 03: - Application for approval of change in Board of Director of M/s. Syntel International Pvt Ltd (Developer)

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मेसस सटेल इंटरनेशनल ा. लिमटेड- एसईजेड के आईटी-आईटीईएस सेटर के िवश िवशेष आथक े के लए े ीय िवकास आयु# सी$ज़-एसईजेड, मुंबई क' अ)यता म+ 31.10.2025 को आयो-जत अनुमोदन सिम/त क' 58 व0 बैठक का िववरण। 1 सेज़ का नाम मेसस सटेल इंटरनेशनल ा. लिमटेड- एसईजेड 2 सेटर आईटी/आईटीईएस 3 बैठक 5 58 व0 4 तारीख 31.10.2025 उप9:थत सद:य: 5. नाम और पदनाम (एस/<ी.)
िवभाग 1 <ीमती िमतल िहरेमठ संयु# िवकास आयु# पुणे @:टर एसईजेड, पुणे 2 <ी अभनव राठी उप आयु#, आयकर िवभाग आयकर िवभाग से नािमत 3 <ी हाAन िबलाल, उप महािनदेशक ,िवदेश Bयापार पुणे डीजीएफटी िवभाग से नािमत 4 <ी. संजय बांगर, उप उDोग िनदेशक, पुणे े महाराE सरकार से नािमत 5 <ी नवनाथ अवताडे, उप े ीय अ/धकारी महाराE दूषण िनयं ण बोड से नािमत 6 <ी
शांत रोहनेकर, अधीक सीमा शुHक िवभाग पुणे नािमत िवशेष आमंि त

5मांक न नाम और पदनाम (एस/<ी.) िवभाग 1 <ी. शIभू दयाल मीना, िविनJद अ/धकारी सी$ज़-एसईज़ेड, पुणे @:टर एज+डा िवषय 5 01 : िद 12.09.2025 को आयो-जत 57 व0 बैठक के कायवृL क' पुि । िवचार-िवमश के बाद, सिम/त ने 12.09.2025 को आयो-जत 57 व0 अनुमोदन सिम/त क' बैठक के कायवृL क' पुि क'। एज+डा िवषय 5 02: 12.09.2025 को आयो-जत 57 व0 बैठक के कायवृL के लए क' गई कारवाई Nरपोट । िवचार-िवमश के बाद, सिम/त ने 12.09.2025 को आयो-जत बैठक के लए क' गई कारवाई Nरपोट नोट क' है। एडीसी ने सू/चत िकया है िक सटेल इंटरनेशनल ा. लिमटेड- एसईजेड म+ कोई भी एज+डा लंिबत नह0 है। एज+डा िवषय 5 03: मेसस एटोस Pलोबल आईटी सॉHयूशRस एंड सJवसेज ा. ल. क' दो इकाइयाँ Tारा िनदेशक मंडल म+ बदलाव क' मंजूरी के लए :तुत आवेदन। िवचार-िवमश के बाद, सिम/त ने MOC&I Tारा जारी िनदUश 109 िदनांक 18.10.2021 के अनुसार, िनदेशक मंडल म+ बदलाव के लए यूिनट के :ताव को मंजूरी दे दी, जैसा िक नीचे बताया गया है: िनदेशक मंडल क' अनुमोिदत सूची:

5मांक िनदेशक का नाम

पद

<ी नीलुथोडी चीरकुVी अ-जत िनदेशक 2. <ी नसीर उ:मान शेख िनदेशक अनुमोदन एमओसी&आई Tारा जारी अनुदेश संXया 109 म+ िनधाNरत शतY के अधीन है। अ)य को धRयवाद Zापन के साथ बैठक समा[ हुई।

Minutes of the 58th Meeting of the Approval Committee held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ for Sector Specific Special Economic Zone for IT-ITES of M/s. Syntel International Pvt. Ltd.; Pune held on 31.10.2025. 1 Name of the SEZ M/s. Syntel International Pvt. Ltd., Pune. 2 Sector IT-ITES 3 Meeting No. 58th
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. Shambhu Dayal Meena Specified Officer SEEPZ-SEZ, Pune Cluster Agenda Item No.01: Confirmation of Minutes of the 57th meeting held on 12.09.2025. The Committee after deliberation confirmed the minutes of the 57th meeting of the Approval Committee held on 12.09.2025. Agenda Item No. 02: Action taken report for the Minutes of the 57 th meeting held on 12.09.2025. After deliberation, the Committee has noted the Action taken report for the meeting held on 12.09.2025. ADC has informed that there are no pending agendas in r/o M/s Syntel International Pvt Ltd. Agenda Item No. 03: Application for approval of Change in Board of Directors by Two Units of M/s. Atos Global IT Solutions And Services Pvt Ltd After deliberation, the committee approved the proposal of the Two Units of M/s. Atos Global IT Solutions And Services Pvt Ltd for change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021 issued by MOCI, as detailed below: Approved List of Board of Directors: Sr. No Name of Directors Designation 1 Mr. Neeluthodi Cheerakuzhi Ajith Director 2 Mr. Nasir Usman Shaikh Director The approval is subject to the conditions laid down in Instruction No. 109 issued by MOC&I.

Meeting ended with a vote of thanks to the Chair.

(Zाने\र 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 10:41:01 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 57th 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 change in list of directors/ partners(M/s. Atos Global IT Solutions And Services Pvt Ltd (2 Units) ) Approval letter issued to the unit on 13.11.2025

Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2021-22 88.05 239.25 0.00 0.00

1.03 0 0.00 2022-23 99.05 207.04 0.00 0.00 -2.09 0.00 2023-24 110.05 182.61 0.00 0.00 0.09 0.00 2024-25 110.06 175.66 0.00 0.00 0 0.00 TOTAL 407.21 804.56 0.00 0.00 1.03 -2.00 0.00 Year Cumulative NFE Achieved Cumulative % NFE Achieved 2021-22 238.99 99.89% 2022-23 445.98 99.93% 2023-24 628.53 99.94% 2024-25 804.13 99.95% GOVERNMENT OF INDIA, OFFICE OF THE DEVELOPMENT COMMISSIONER, SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA, ANDHERI (EAST), MUMBAI

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Monitoring of the performance of M/s. Atos Global IT Solutions and Services Pvt Ltd (Unit II), an IT/ITES unit located in Syntel International Pvt Ltd -SEZ, Pune, for 4 years FY 2021-22 to FY 2024-25 of the 2nd block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for the FY 2021-22 to FY 2024-25 of 2 nd block period in terms of Rule 54 of SEZ Rules, 2006 c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per Rule 54 of SEZ Rules, 2006 “Performance of the Unit shall be monitored by the Approval Committee as per the guidelines given in Annexure appended to these rules” d. Other Information: - Performance as compared to projections for 4 years of 2 nd Block period FY 2021-22 to FY 2024-25 Approved Projections (Rs. In Crores)

2021-22 2022-23 2023-24 2024-25 2025-26 Total FOB Value of Exports 88.05 99.05 110.05 110.06 110.06 517.27 FE Outgo 0.30 0.44 0.59 0.68 0.67 2.68 NFE 87.75 98.61 109.46 109.38 109.38 514.58 Performance as compared to projections: (Rs. In Crores)

Cumulative NFE achieved: (Rs. in Crores)

Employment Achievement (Direct): 31.03.2025

Projected Achieved Men 600 601 Women 400 348 Total 1000 949

LOA No. & Date SEEPZ/PEPPL-SEZ/AIPL/2015- 16/19326 dtd. 22.12.2015 Location of Unit Block-S2, Ground Floor, A Wing, 1 st Floor, A Wing, and Block S-6-A Upper Stilt A and B Wing, Plot no. B1/B2, Syntel International Pvt Ltd-SEZ, Talawade Software Technology Park MIDC, Dehu Alandi Road, Talawade, Pune – 411062 Validity of LOA 31.10.2026 Item(s) of manufacture/ Services IT/ITES Date of commencement of production 01.11.2016 Execution of BLUT 10.17 Crores Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 14.03.2029 Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA a. No. of employees as on 31.03.2025 949 Employees (Men-601, Women- 348) Area allotted (in sq. ft.) 36,913 Sq. ft Area available for each employee per sq. ft. basis (area / no. of employees) 38.90 Sq. ft Investment till date

Building NIL
Plant & Machinery Rs. 14.73 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 e. Recommendation: The Unit has achieved export revenue of Rs. 804.56 crores as against projected export of Rs. 407.21 crores in 4 years (FY 2021-22 to 2024-25) of the 2nd block period (FY 2021-22 to 2025-26). The unit has also achieved a Positive NFE of Rs. 804.13 Crores on Cumulative basis i.e. 99.95% at the end of 4 th year (FY 2024-25) of 2nd Block period (FY 2021-22 to 2025-26). As per the SO Report the unit has achieved employment of 949 employees (Men-601, women-348) as on 31.03.2025.

As per SO report pending foreign exchange realization beyond permissible limit is Rs. 34.11 Lakhs. The unit has applied to RBI for realization extension. The Approval Committee may like to monitor the performance of the Unit for the 4 years i.e. FY 2021-22 to 2024-25 in terms of Rule 54 of SEZ Rules, 2006.

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

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AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

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a. Proposal : Proposal dated 22.01.2026 submitted by M/s. Syntel International Pvt. Ltd. (SEZ Developer) located in M/s. Syntel International Pvt Ltd.- SEZ for Change in Board of Directors. b. Specific Issue on which decision of AC is required: -
Approval of the Approval Committee for Change in Board of Directors, in terms of Instruction No. 109 dated 18.10.2021. c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- As per para (i) of Instruction no. 109, dated 18.10.2021, “Reorganization including change of name, Change of Shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution, Change of Directors, etc. may be undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the Developer/Co-developer/ Unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the Developer/Co-Developer/Unit shall remain unchanged on such reorganization.” d. Other Information: - Change in Directors of Company: Existing List of Directors Sr. No Name of Directors Designation Date of Resignation 1 Mr. Neeluthodi Cheerakuzhi Ajith Director NA 2 Mr. Nasir Usman Shaikh Director 03.11.2025 Proposed List of Directors Sr. No Name of Directors Designation Date of Appointment 1 Mr. Neeluthodi Cheerakuzhi Ajith Director NA 2 Mr. Radhakrishnan Sreeram Additional Director 01.11.2025 M/s. Syntel International Pvt Ltd (SEZ Developer) bearing Formal Approval No. F2/101/2005-EPZ Dated 09.06.2006 has submitted an application for Change in Board of Directors The Developer has submitted following documents: Updated List of directors. DIR 12 Mr. Nasir Usman Shaikh (Cessation) and appointment of Mr. Radhakrishnan Sreeram as Additional Director Undertaking in r/o resigning director & in terms of Instruction no. 109 Board Resolution for Appointment of Mr. Radhakrishnan Sreeram as an Additional director. The Developer have submitted that due to resignation of Mr. Nasir Usman Shaikh and appointment of Mr. Radhakrishnan Sreeram, there is no change in share holding pattern of the company. Resignation letter from Nasir U Shaikh.

The Developer has submitted an Undertaking for outgoing Directors and also confirms that there are no liability/cases pending against them. e. Recommendation: Approval Committee may kindly consider the proposal of Developer for change in Board of Directors in terms of Instruction no. 109 issued by MOC&I.

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