Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 30th March, 2026. — 05-3-embassy

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. EMBASSY PUNE TECHZONE PVT. LTD.-SEZ

DATE : 30.03.2026

TIME : 04.00 PM

---

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 30.03.2026

INDEX

Agenda Item No.

Subject

Agenda Item No. 01: - Confirmation of the Minutes of the meeting held on 24.02.2026 Agenda Item No. 02: - Action taken report for the Minutes of the meeting held on 24.02.2026.
Agenda Item No. 03: - Monitoring of Performance of M/s. Infosys BPM Ltd

---

मेसस एबेसी पुणे टेकजोन ाइवेट लिमटेड-एसईजेड, पुणे के आईटी/आईटीईएस के लए सेटर िवश िवशेष आ!थक #े$ के लए #े$ीय िवकास आयु& एसईईपीजेड-एसईजेड, मुंबई क( अ*य#ता म, 24.02.2026 को आयो-जत अनुमोदन सिम/त क( 108 व0 बैठक के कायवृ4। 1 एसईजेड का नाम मेसस एबेसी पुणे टेकजोन ाइवेट लिमटेड-एसईजेड, पुणे 2 सेटर आईटी/आईटीईएस 3 बैठक सं6या 108 व0
4 तारीख 24.02.2026 उप9:थत सद:य: ;. नाम और पदनाम (एस/=ी.)
िवभाग 1 =ीमती िमतल िहरेमठ, संयु& िवकास आयु& पुणे A:टर एसईजेड, पुणे 2 =ी अभनव राठी, उप आयु&, आयकर िवभाग आयकर िवभाग से नािमत 3 =ी संजय बांगर, उप उBोग िनदेशक, पुणे #े$ महाराC सरकार से नािमत 4 =ी Dलेटो लोबो, सहायक िवदेश Eयापार महािनदेशक पुणे डीजीएफटी िवभाग से नािमत 5 =ी धवल शकH , अधी#क सीमा शुIक िवभाग, पुणे से नािमत 6 =ी नवनाथ अवताडे, उप #े$ीय अ/धकारी

शक, पुणे #े$ महाराC सरकार से नािमत 4 =ी Dलेटो लोबो, सहायक िवदेश Eयापार महािनदेशक पुणे डीजीएफटी िवभाग से नािमत 5 =ी धवल शकH , अधी#क सीमा शुIक िवभाग, पुणे से नािमत 6 =ी नवनाथ अवताडे, उप #े$ीय अ/धकारी महाराC दूषण िनयं$ण बोड से नािमत िवशेष आमंि$त सद:य: ;. नाम और पदनाम (=ी.) िवभाग 1 =ी. शभू दयाल मीना िविनLद अ/धकारी सीDज़-एसईज़ेड, पुणे A:टर एज,डा आइटम नंबर 01: 02.01.2026 को आयो-जत 107 व0 बैठक के कायवृ4 क( पुि । िवचार-िवमश के बाद, सिम/त ने 02.01.2026 को आयो-जत 107 व0 अनुमोदन सिम/त क( बैठक के कायवृ4 क( पुि क(। एज,डा आइटम नंबर 02: िदनांक 02.01.2026 को आयो-जत 107 व0 बैठक के संदभ मे क( गयी कायवाई क( Oरपोट । िवचार-िवमश के बाद, सिम/त ने 02.01.2026 को आयो-जत अनुमोदन सिम/त क( 107 व0 बैठक के संदभ मे क( गयी कायवाई क( Oरपोट को नोट िकया। एज,डा िवषय ; 03: मेसस वोसवैगन Pुप टेनोलॉजी सॉIयूशंस इं/डया ाइवेट लिमटेड Rारा अनुमािनत आँकड़U म, संशोधन हेतु अनुमोदन के लए आवेदन :तुत िकया गया। िवचार-िवमश के उपरांत, सिम/त ने मेसस वोसवैगन Pुप टेनोलॉजी सॉIयूशंस इं/डया ाइवेट लिमटेड के :ताव को SEZ िनयम, 2006 के िनयम 19(2) के अंतगत :वीकृ/त दान क(, -जसके तहत िव4ीय अनुमानU म, संशोधन क( अनुम/त दी गई।

पूंजीगत व:तुएं अनुमोिदत अनुमान (₹ करोड़ म,) :वदेशी संयं$ एवं मशीनरी 15.00 आया/तत संयं$ एवं मशीनरी 15.50 कुल 30.50 :वदेशी सेवाएं 216.06 आया/तत सेवाएं 254.32 कुल 470.38 रोजगार पुVष 910 मिहला 390 कुल 1300 :वीकृत संशो/धत अनुमान: (₹ करोड़ म,)

म,) :वदेशी संयं$ एवं मशीनरी 15.00 आया/तत संयं$ एवं मशीनरी 15.50 कुल 30.50 :वदेशी सेवाएं 216.06 आया/तत सेवाएं 254.32 कुल 470.38 रोजगार पुVष 910 मिहला 390 कुल 1300 :वीकृत संशो/धत अनुमान: (₹ करोड़ म,)

2024-25 (वा:तिवक) 2025-26 2026-27 2027-28 2028-29 कुल िनयात का एफओबी मूIय 544.38 284.17 362.48 428.55 499.67 2119.25 िवदेशी मुXा Eयय 48.32 68.88 48.88 50.88 52.88 269.82 शुY िवदेशी मुXा अजन 496.06 215.29 313.60 377.68 446.79 1849.43 सिम/त ने इकाई को :तािवत पूंजीगत व:तुओं एवं सेवाओं के मूIय को अमेOरक( डॉलर (USD) म, :तुत करने के िनदHश िदए। इसके अ/तOर&, आया/तत सेवाओं के मूIय म, :तािवत उZेखनीय वृ/Y के संबंध म, पूछे जाने पर इकाई ने :तुत िकया िक यह वृ/Y SAP सॉ\टवेयर के नवीनीकरण के कारण है। इकाई Rारा :तुत :पीकरण के पOरे]य म, UAC ने इकाई को उ& SAP सॉ\टवेयर के िपछले नवीनीकरण का िववरण तथा नवीनीकरण क( लागत :तुत करने के िनदHश िदए। एज,डा िवषय ; 04: मेसस एचसीएल टेनोलॉजीज़ लिमटेड Rारा अनुमािनत आँकड़U म, संशोधन क( :वीकृ/त हेतु आवेदन :तुत िकया गया है। िवचार-िवमश के उपरांत, सिम/त ने मेसस एचसीएल टेनोलॉजीज़ लिमटेड के :ताव को SEZ िनयम, 2006 के िनयम 19(2) के अंतगत :वीकृ/त दान क(, -जसके तहत िव4ीय अनुमानU म, संशोधन क( अनुम/त दी गई।

अनुमोदन सिम/त Rारा DC कायालय, पुणे Rारा िकए गए परी#ण एवं उ/चत जाँच-पड़ताल (due diligence) के आधार पर तथा इस त^य को *यान म, रखते हुए दान क( गई िक सॉ\टवेयर लाइस,स (Jaspersoft) इकाई के संचालन के लए लाभकारी है। इसके अ/तOर&, यह :वीकृ/त DC कायालय, पुणे A:टर को इकाई Rारा िदए गए घोषणाओं के आधार पर भी दान क( गई। :वीकृत संशो/धत अनुमान: (₹ करोड़ म,)

:वीकृत अनुमान (V.

soft) इकाई के संचालन के लए लाभकारी है। इसके अ/तOर&, यह :वीकृ/त DC कायालय, पुणे A:टर को इकाई Rारा िदए गए घोषणाओं के आधार पर भी दान क( गई। :वीकृत संशो/धत अनुमान: (₹ करोड़ म,)

:वीकृत अनुमान (V. करोड़ म,) :वदेशी संयं$ एवं मशीनरी 12.21 आया/तत संयं$ एवं मशीनरी 1,665.46 कुल 1,677.67 :वदेशी सेवाएँ 45.97 आया/तत सेवाएँ 0.00 कुल 45.97 रोजगार पुVष 680 मिहलाएँ 270 कुल 950 :वीकृत संशो/धत िनयात अनुमान : िव4ीय वष 2024-25 से 2028-29 तक (V. करोड़ म,) Sr.No Year 2024-25 2025-26 2026-27 2027-28 2028-29 Total Total in USD in Thousands 1. एफओबी मूIय (िनयात) 752.89 1,116.73 1,116.73 1,116.73 1,116.73 5,219.81 5740.95 2. िवदेशी मुXा Eयय 19.01 1640.37 2.02 2.03 2.03 1,665.46 1831.74 3. शुY िवदेशी मुXा अजन (NFE) 733.88 (523.64) 1,114.70 1,114.70 1,114.70 3,554.35 3909.21 :वीकृ/त इस कड़ी शत के अधीन है िक उ& पOरसंप4 केवल इकाई के नाम पर ही ;य क( जाएगी, इसे केवल SEZ इकाई म, ही हो:ट िकया जाएगा तथा इसका उपयोग केवल उ& SEZ इकाई के संचालन हेतु ही िकया जाएगा।

एज,डा िवषय ;.05 : मेसस `ेसटCॉिनस टेनोलॉजीज़ इं/डया ा. ल. के दशन क( िनगरानी। िवचार-िवमश के उपरांत, सिम/त ने इकाई के तृतीय aलॉक अव/ध (िव4ीय वष 2023-24 से 2027-28) के िRतीय वष अथात् िव4ीय वष 2024-25 के दशन को नोट िकया, जो िक SEZ िनयम, 2006 के िनयम 54 के अंतगत है, जैसा िक नीचे िव:तृत है: इकाई ने िव4ीय वष 2024-25 म, िनधाOरत िनयात अनुमान ₹ 228.05 करोड़ के िवVY ₹ 187.31 करोड़ का िनयात ाc िकया। इकाई ने संचयी आधार पर िव4ीय वष 2024-25 म, ₹ 380.29 करोड़ का शुY िवदेशी मुXा अजन (NFE) अथात् 99.12% ाc िकया। इकाई ने कुल 1061 कमचाOरयU (पुVष – 669, मिहला – 392) को रोजगार दान िकया। एज,डा िवषय ;.06: मेसस कैलसॉ\ट ा. ल.

ीय वष 2024-25 म, ₹ 380.29 करोड़ का शुY िवदेशी मुXा अजन (NFE) अथात् 99.12% ाc िकया। इकाई ने कुल 1061 कमचाOरयU (पुVष – 669, मिहला – 392) को रोजगार दान िकया। एज,डा िवषय ;.06: मेसस कैलसॉ\ट ा. ल. के दशन क( िनगरानी। िव:तृत िवचार-िवमश के उपरांत, सिम/त ने थम aलॉक अव/ध के अं/तम वष अथात् िव4ीय वष 2023-24 तथा िRतीय aलॉक अव/ध के थम वष अथात् िव4ीय वष 2024-25 के लए इकाई के दशन को नोट िकया, जो िक SEZ िनयम, 2006 के िनयम 54 के अंतगत है, जैसा िक नीचे िव:तृत है: इकाई ने थम aलॉक अव/ध के पाँचव, वष अथात् िव4ीय वष 2023-24 म, ₹ 80.64 करोड़ के अनुमािनत िनयात के िवVY ₹ 86.66 करोड़ का िनयात राज:व अdजत िकया। इकाई ने संचयी आधार पर िव4ीय वष 2023-24 म, ₹ 220.07 करोड़ का सकाराeमक शुY िवदेशी मुXा अजन (NFE) अथात् 93.88% ाc िकया। इकाई ने िRतीय aलॉक अव/ध के थम वष अथात् िव4ीय वष 2024-25 म, ₹ 93.90 करोड़ के अनुमािनत िनयात के िवVY ₹ 78.44 करोड़ का िनयात राज:व अdजत िकया। इकाई ने िव4ीय वष 2024-25 म, ₹ 63.13 करोड़ का सकाराeमक शुY िवदेशी मुXा अजन (NFE) अथात् 80.49% ाc िकया। इकाई ने कुल 161 कमचाOरयU (पुVष – 128, मिहला – 33) को रोजगार दान िकया। इकाई ने िव4ीय वष 2023-24 के लए APR को SEZOnline पर 17.01.2025 को दाखल िकया, जो िक 30.09.2024 क( िनयत /तथ से 109 िदनU क( देरी से दाखल िकया गया। अतः UAC ने DC कायालय को िनदHशत िकया िक APR दाखल करने म, हुई देरी के संबंध म, इकाई को कारण बताओ नोिटस (Show Cause Notice) जारी िकया जाए। एज,डा िवषय ;.07: मेसस कनेटवाइज एलएलपी के दशन क( िनगरानी। िव:तृत िवचार-िवमश के उपरांत, सिम/त ने थम aलॉक अव/ध के पाँचव, वष अथात् िव4ीय वष 2021-22 तथा िRतीय aलॉक

Cause Notice) जारी िकया जाए। एज,डा िवषय ;.07: मेसस कनेटवाइज एलएलपी के दशन क( िनगरानी। िव:तृत िवचार-िवमश के उपरांत, सिम/त ने थम aलॉक अव/ध के पाँचव, वष अथात् िव4ीय वष 2021-22 तथा िRतीय aलॉक अव/ध के थम तीन वषg अथात् िव4ीय वष 2022-23 से 2024-25 तक क( अव/ध के लए इकाई के दशन को नोट िकया, जो िक SEZ िनयम, 2006 के िनयम 54 के अंतगत है, जैसा िक नीचे िव:तृत है: इकाई ने थम aलॉक अव/ध के अं/तम वष अथात् िव4ीय वष 2021-22 म, ₹ 116.63 करोड़ के अनुमािनत िनयात के िवVY ₹ 105.63 करोड़ का िनयात राज:व अdजत िकया। इकाई ने संचयी आधार पर थम aलॉक अव/ध के लए ₹ 278.51 करोड़ का सकाराeमक शुY िवदेशी मुXा अजन (NFE) ाc िकया, जो 99.78% है। इकाई ने िRतीय aलॉक अव/ध के थम तीन वषg अथात् िव4ीय वष 2022-23 से 2024-25 के दौरान ₹ 375.12 करोड़ के अनुमािनत िनयात के िवVY ₹ 282.08 करोड़ का िनयात राज:व अdजत िकया। इकाई ने संचयी आधार पर िव4ीय वष 2024-25 तक ₹ 227.77 करोड़ का सकाराeमक शुY िवदेशी मुXा अजन (NFE) ाc िकया, जो 80.75% है। इकाई ने कुल 322 कमचाOरयU (पुVष – 250, मिहला – 72) को रोजगार दान िकया। अनुमोदन सिम/त ने :वीकृत #ेपणU क( तुलना म, रोजगार उपल9aध म, आई कमी का संiान लया तथा इकाई से अनुरोध िकया िक आगामी aलॉक अव/ध के दौरान कमचाOरयU क( सं6या म, वृ/Y क( जाए। अ*य# को धjयवाद iापन के साथ बैठक समाc हुई।

Minutes of the 108th 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. Embassy Pune TechZone Pvt. Ltd.-SEZ, Pune, held on 24.02.2026 Name of the SEZ M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ Sector IT/ITES

ai for Sector Specific Special Economic Zone for IT/ITES of M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ, Pune, held on 24.02.2026 Name of the SEZ M/s. Embassy Pune TechZone Pvt. Ltd.-SEZ Sector IT/ITES

Meeting No. 108th
Date 24.02.2026 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. Sanjay Bangar, Dy. Director of Industries, Pune Region Nominee of Govt. of Maharashtra 4 Shri Plato Lobo, Asstt. Director General of Foreign Trade Nominee of DGFT, Pune 5 Shri. Dhaval Shirke, Superintendent Nominee of Customs, Pune 6 Shri Navanath Awatade, Sub Regional Officer Nominee of Maharashtra Pollution Control Board Special Invitee

Sr. No. 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 107th meeting held on 02.01.2026 After deliberation, the Committee confirmed the minutes of the 107th meeting of Approval Committee held on 02.01.2026. Agenda Item No.02: Action taken report for the Minutes of the 107th meeting of Approval Committee held on 02.01.2026 After deliberation, the Committee noted the action taken report for the meeting held on 02.01.2026. Agenda Item No.03: Application for approval of Revision in Financial projections by M/s. Volkswagen Group Technology Solutions India Pvt Ltd. After deliberation, the Committee approved the proposal of M/s.

Item No.03: Application for approval of Revision in Financial projections by M/s. Volkswagen Group Technology Solutions India Pvt Ltd. After deliberation, the Committee approved the proposal of M/s. Volkswagen Group Technology Solutions India Pvt Ltd., in terms of Rule 19(2) of SEZ Rules, 2006 for Revision in Projections. Approved Revised Projections are as detailed below:-

Capital Goods Approved Projections (Rs. in Cr) Indigenous Plant and machinery 15.00 Imported Plant and Machinery 15.50 TOTAL 30.50 Indigenous Services 216.06 Imported Services 254.32 TOTAL 470.38 Employment Men 910 Women 390

Total 1300 Approved Revised Export Projections: (Rs. in Cr)

Sr.No
2024-25 (Actual) 2025-26 2026-27 2027-28 2028-29 Total Total in USD in Thousands 1. FOB Value of exports 544.38 284.17 362.48 428.55 499.67 2119.25 2,33,552.08 2. FE Outgo 48.32 68.88 48.88 50.88 52.88 269.82 29,735.08 3. NFE 496.06 215.29 313.60 377.68 446.79 1849.43 2,03,817.01 The committee directed the unit to submit the value of the proposed projected capital goods and services in USD. Further, upon being enquired about the significant proposed increase in the value of imported services, the unit submitted that the increase is on account of the renewal of SAP software. In view of the submission of the unit, the UAC directed the unit to submit details of the last renewal of the said SAP software along with the renewal cost. Agenda Item No.04 : Application for approval of Revision in Financial projections by M/s. HCL Technologies Ltd.

bmit details of the last renewal of the said SAP software along with the renewal cost. Agenda Item No.04 : Application for approval of Revision in Financial projections by M/s. HCL Technologies Ltd.

After deliberation, the Committee approved the proposal of M/s. HCL Technologies Ltd., in terms of Rule 19(2) of SEZ Rules, 2006 for Revision in Financial Projections. The Approval was granted by the committee in view of the examination and due diligence done by DC Office, Pune and in view of the fact that the Software license (Jaspersoft) is beneficial for the operations of the unit. Further the approval was granted by the committee in view of the declarations submitted by the unit to DC Office, Pune Cluster. Approved Revised Projections are as detailed below :-

Capital Goods Approved projection(Rs. in Cr) Indigenous Plant and machinery 12.21 Imported Plant and Machinery 1,665.46 TOTAL 1677.67 Indigenous Services 45.97 Imported Services 0.00 TOTAL 45.97 Employment Men 680 Women 270 Total 950 Approved Revised Export Projections: for FY 2024-25 to FY 2028-29 (Rs. in Cr)

SN Year 2024-25 2025-26 2026-27 2027-28 2028-29 Total Total in USD in Thousands

mployment Men 680 Women 270 Total 950 Approved Revised Export Projections: for FY 2024-25 to FY 2028-29 (Rs. in Cr)

SN Year 2024-25 2025-26 2026-27 2027-28 2028-29 Total Total in USD in Thousands

FOB Value of exports 752.89 1,116.73 1,116.73 1,116.73 1,116.73 5,219.81 5740.95 2. FE Outgo 19.01 1640.37 2.02 2.03 2.03 1,665.46 1831.74 3. NFE 733.88 (523.64) 1,114.70 1,114.70 1,114.70 3,554.35 3909.21 The approval is subject to the strict condition that the asset shall be procured only in the name of the SEZ unit, hosted exclusively in the SEZ unit, and utilized solely for the operations of the said SEZ unit. Agenda Item No.05 : Monitoring of performance for M/s. Flextronics Technologies India Pvt Ltd. After deliberation, the committee noted the performance of the unit for 2nd year i.e FY 2024-25 of 3 rd Block period (FY 2023-24 to FY 2027-28).in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

The unit has achieved export of Rs. 187.31 Cr. against the projected export of Rs. 228.05 Cr. in FY year 2024-25. The unit has achieved NFE of Rs. 380.29 Cr. i.e., 99.12% in FY year 2024-25 on cumulative basis. The unit has achieved employment of 1061 employees (Men-669, Women- 392) Agenda Item No.06: Monitoring of performance for M/s. CalSoft Pvt Ltd. After deliberation, the committee noted the performance of the unit for last year of first block period i.e for FY 2023-24 and 1st year i.e FY 2024-25 of 2 nd Block period i.e from FY 2024-25 to 2028-29. in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

The unit in 5 th year i.e.

ock period i.e for FY 2023-24 and 1st year i.e FY 2024-25 of 2 nd Block period i.e from FY 2024-25 to 2028-29. in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

The unit in 5 th year i.e. FY 2023-24 of 1 st block period has achieved export revenue of Rs.86.66 Cr. against the projected export of Rs. 80.64 Cr. The unit has achieved positive NFE of Rs. 220.07 Cr. in FY 2023-24 which is 93.88 % on cumulative basis for the first block period. The unit in 1 st year i.e. FY 2024-25 of 2 nd block period has achieved export revenue of Rs.78.44 Cr. against the projected export of Rs. 93.90 Cr.. The unit has achieved positive NFE of Rs.63.13 Cr. i.e., 80.49 % in FY 2024-25. As per SO report the unit has achieved employment of 161 employees (Men-128, Women-33) The unit submitted APR for FY 2023-24 on 17.01.2025 in SEZOnline after a delay of 109 days from the due date of 30.09.2024. Hence UAC directed DC office to issue Show Cause Notice to the unit for the delay in filing of APR. Agenda Item No.07 : Monitoring of performance for M/s. ConnectWise LLP. After deliberation, the committee noted the performance of the unit for 5th year i.e FY 2021-22 of first block period and first 3 years of 2nd Block period from FY 2022-23 to FY 2024-25. in terms of Rule 54 of SEZ Rules, 2006. As detailed below:

The unit in last year i.e., FY 2021-22 of 1 st block period has achieved export revenue of Rs. 105.63 cr against the projected export of Rs 116.63 Cr. The unit has achieved positive NFE of Rs. 278.51 Cr.

unit in last year i.e., FY 2021-22 of 1 st block period has achieved export revenue of Rs. 105.63 cr against the projected export of Rs 116.63 Cr. The unit has achieved positive NFE of Rs. 278.51 Cr. i.e., 99.78 % on cumulative basis for the 1 st Block period. The unit in first 3 year i.e.,FY 2022-23 to FY 2024-25 of 2 nd block period has achieved export

revenue of Rs. 282.08 Cr against the projected export of Rs 375.12 Cr. The unit has achieved positive NFE of Rs. 227.77 Cr. i.e 80.75 % in FY 2024-25 on cumulative basis. As per SO report the unit has achieved employment of 322 (Men-250, Women-72) The Approval Committee has noted the drop in Employment achievement as compared to the approved projections and requested the unit to increase the employee headcount during the upcoming block period. Meeting ended with a vote of thanks to the Chair.

signaturerectangle-1-186 (iानेkर बी. पाटील, आयएएस) (Dnyaneshwar B. Patil, IAS) अ*य#-सह- िवकास आयु& Chairman-cum- Development Commissioner Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2026.03.20 11:40:39 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

67 292 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 24-02-2026 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 107th Meeting held on 02-01-2026 Minutes of the meeting held on 02.01.2026 confirmed by the Approval Committee. Agenda Item No. 02 Application for Mid Term Revision(M/s. Volkswagen Group Technology Solutions India Pvt Ltd) Approval letter is issued to the Unit on 23.03.2026 Agenda Item No. 03 Application for Mid Term Revision(M/s. HCL Technologies Ltd LOA 27) Approval letter is issued to the Unit on 23.03.2026 Agenda Item No. 04 Application for Monitoring of Performance(M/s. Flextronics Technologies India Pvt Ltd) Approval letter is issued to the Unit on 23.03.2026 Agenda Item No. 05 Application for Monitoring of Performance(M/s. CalSoft Pvt Ltd) Approval letter is issued to the Unit on 23.03.2026 and Issuance of SCN for delay in filing of APR is under Process. Agenda Item No. 06 Application for Monitoring of Performance(M/s. ConnectWise LLP) Approval letter is issued to the Unit on 23.03.2026

nd Issuance of SCN for delay in filing of APR is under Process. Agenda Item No. 06 Application for Monitoring of Performance(M/s. ConnectWise LLP) Approval letter is issued to the Unit on 23.03.2026

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

---

AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE

---

a. Proposal : Monitoring of the performance of M/s. Infosys BPM Ltd an IT/ITES unit located at Embassy Pune Tech Zone, RGIP Hinjewadi, Phase II, Pune 411057 for first 2 years i.e. FY 2024-25 & FY 2025-26 (up to February 2026) of 2 nd Block period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit first 2 years i.e. FY 2024-25 and FY 2025-26 (up to February 2026) 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: - Original Approved Projections: (2nd Block Period) (Rs. In Cr.)

2024-25 2025-26 2026-27 2027-28 2028-29 Total FOB value of Exports 130.00 132.50 135.00 137.50 140.00 675.00 FE Outgo 15.60 15.90 16.20 16.50 16.80 81.00 NFE Earnings 114.40 116.60 118.80 121.00 123.20 594.00 Performance as compared to projections: FY 2024-25 to 2025-26 ( up to February, 2026) (Rs.

675.00 FE Outgo 15.60 15.90 16.20 16.50 16.80 81.00 NFE Earnings 114.40 116.60 118.80 121.00 123.20 594.00 Performance as compared to projections: FY 2024-25 to 2025-26 ( up to February, 2026) (Rs. In Cr.)

Year Export F.E. OUTGO

Projected

Actual Raw Material (Goods/Services) C.G. import Other outflow Projected Actual Projected Actual Actual 2024-25 130.00 82.81 0.00 0.00 1.25 0.00 0.04 2025-26 132.50 20.01 0.00 2.28 Total 262.50 102.82 0.00 0.00 1.25 0.00 2.32

Cumulative NFE achieved: (Rs. in Cr.) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2024-25 82.35 99.45% 2025-26 100.08 97.34%

Employment:

Projected Employment Achieved Employment (as on 28.02.2026) Men 840 25 Women 560 13 Total 1400 38 Other Information: LOA No. & Date SEEPZ-SEZ/PEPPL-SEZ/IBL/28/2019-20 dated 04.06.2019 Location of Unit Embassy TechZone, Rhine Building, Wing A, Lower Ground Floor, Plot No. 03, RGIP, Hinjewadi, Phase-II, Pune-411 057 Validity of LOA 23.10.2029 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 24.10.2019 Execution of BLUT Rs.28.24 Cr. (As per SO Report) Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 03.06.2027 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.

ase Agreement 03.06.2027 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 28.02.2026 1400 (Men-840, Women-560)

38 (Men- 25,Women-13) Area allotted (in sq.ft.) 27,675Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 728. 29 Sq. Ft. Investment till date

Building NA Plant & Machinery 11.66 Crore Quantity and value of goods exported under Rule 34 (unutilized goods) NA Value Addition during the monitoring period NA Whether all the APRs being considered now has been filed well within the time limit, or otherwise. If no, details of the Year along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 18.03.2026 has reported as detailed below: EXPORT(Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5)

s reported as detailed below: EXPORT(Rs. In Crores)
Year/ Period Figures reported in APR Figures as per Softex/ Customs Records Difference if any Reason for Difference/Remark (1) (2) (3) (4) (5)

2024-25 82.81 68.29 14.52 Export (DTA Sale) in Foreign Currency Rs.13.97 Exchange Rate Rs. 0.55 Total Rs.14.52 2025-26 (upto 28.02.2026) 20.01 15.69 4.32 Export (DTA Sale) in Foreign Currency Rs.4.45 Exchange Rate Rs.0.17 Softex cancelled Rs. -0.30 Total Rs. 4.32 IMPORT (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) (Rs. In Crores) 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) 2024-25 27.36 27.36 0.00

2025-26 (upto 28.02.2026) 0.00 0.00 0.00 Raw Material (Rs. In Crores) 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) 2024-25 to 2025-26 (upto 28.02.2026) 0.00 0.00 0.00

BLUT (Amount in ‘Crores’) 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 Date of Acceptance BLUT Amount 08.08.2019 21.36 06.02.2025 6.88 Total 28.24 2 Total Duty Foregone on goods & services procured

Category Wise:

Year Wise:

FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 2024-25 8.13 0.07 3.45 4.61 2025-26 (upto 28 .02.2026) 4.61 0.00 2.18 2.43 Total

0.07 5.63

egory Wise:

Year Wise:

FY Op. Bal Goods Imported & Indigenous Services Imported & Indigenous Cl. Bal. 2024-25 8.13 0.07 3.45 4.61 2025-26 (upto 28 .02.2026) 4.61 0.00 2.18 2.43 Total

0.07 5.63

(d) Employment made as on date ( upto 28.02.2026) (as on end of block period/ year up to which monitoring is being done) FY Male Female Total Projection 840 560 1400 ACTUAL 2024-25 298 278 576 2025-26 (upto 28.02.2026) 25 13 38

(e) Details of Pending Foreign Remittance beyond Permissible period, if any (upto 28.02.2026) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained.

No foreign remittance is pending. (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. All Softex have been certified (upto 28.02.2026)

(h) Whether unit has filed any request for Cancellation of softex Yes, 02 Request IDs for cancellation were filed and further the same have been processed and certified. (i) Whether any Services provided in DTA/SEZ/EOU/STPI etc.

quest for Cancellation of softex Yes, 02 Request IDs for cancellation were filed and further the same have been processed and certified. (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 Year Assessable Value Duty Paid 2025-26 (upto 28.02.2026) 0.19 Cr. 0.06 Cr. Cleared as “E-Waste/Scrap”

(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. DSPF Invoices pending for filing Year No.of Invoices Value in Cr. Status 2024-25 13 0.03 Pending for filing 2025-26 (upto 28.02.2026) 57 0.27 Pending for filing (n) Whether unit has filed all DTA procurement w.r.t.

ending for filing Year No.of Invoices Value in Cr. Status 2024-25 13 0.03 Pending for filing 2025-26 (upto 28.02.2026) 57 0.27 Pending for filing (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 (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 The unit does not have Cafeteria/Canteen/Food Court facility. (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 in first 2 years i.e., FY 2024-25 and FY 2025-26 ( Up to February , 2026) of 2 nd block period has achieved export revenue of Rs. 102.82 Crs. against the projected export of Rs 262.50 Cr. The unit has achieved positive NFE of Rs. 100.08 Cr. i.e., 97.34% in FY 2025-26 ( Up to February 2026) on cumulative basis. As per SO report the unit has achieved employment of 38 (Men- 25, Women-13) as on 28.02.2026. As per SO report DSPF invoices are pending for filing as detailed below:

ry 2026) on cumulative basis. As per SO report the unit has achieved employment of 38 (Men- 25, Women-13) as on 28.02.2026. As per SO report DSPF invoices are pending for filing as detailed below:

Year No.of Invoices Value in Cr. Status 2024-25 13 0.03 Pending for filing 2025-26 (upto 28.02.2026) 57 0.27 Pending for filing Approval committee may kindly monitor the performance of the Unit for 2 years from FY 2024-25 & FY 2025-26 (Up to February, 2026) of 2nd Block period, in terms of Rule 54 of SEZ Rules, 2006.

---