IN FORCE SEZ / EOU / FTWZ

Agenda for Approval Committee meeting for EOU and SEZ under Pune Cluster scheduled on 01st July, 2026. — 00-eon-kharadi-phase-ii

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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. EON KHARADI INFRASTRUCTURE PVT. LTD.-SEZ, PHASE II.

DATE : 01.07.2026

TIME : 11.00 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 01.07.2026 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. Isobar Commerce India Pvt. Ltd. Unit-1 Agenda Item No. 04:- Monitoring of performance of M/s. Isobar Commerce India Pvt. Ltd. Unit-2 Agenda Item No. 05:- Application for Approval of Change in Nominee Designated partner, submitted by M/s. XPO India Shared Services LLP

merce India Pvt. Ltd. Unit-2 Agenda Item No. 05:- Application for Approval of Change in Nominee Designated partner, submitted by M/s. XPO India Shared Services LLP

मैसस ईओएन खराडी इंाटचर ा. लिमटेड-चरण- II एसईजेड, खराड़ी, पुणे, के आईटी-आईटीईएस सेटर के िव#श% िवशेष आ'थक )े* के लए )ेीय िवकास आयु, सी-ज़-एसईजेड, मुंबई क0 अ2य)ता म4 24.02.2026 को आयो6जत अनुमोदन सिम8त क0 56 व9 बैठक का िववरण। 1 एसईजेड का नाम मैसस.ईओएन खराडी इंाटचर ा. लिमटेड-एसईजेड, चरण II 2 )े आईटी/आईटीईएस 3 मी<टग नं 56 वी 4 तारीख 24.02.2026

उप?थत सदय: @. नाम और पदनाम (एस/Bी.)
िवभाग 1 Bीमती िमतल िहरेमठ संयु, िवकास आयु, पुणे Eटर एसईजेड, पुणे 2 Bी अ#भनव राठी उप आयु,, आयकर िवभाग आयकर िवभाग से नािमत 3 Bी. संजय बांगर, उप उFोग िनदेशक, पुणे )े* महारा% सरकार से नािमत 4 Bी -लेटो लोबो, सहायक िवदेश Gयापार महािनदेशक पुणे डीजीएफटी िवभाग से नािमत 5 Bी धवल #शकJ , अधी)क सीमा शुKक िवभाग, पुणे से नािमत 6 Bी नवनाथ अवताडे, उप )ेीय अ8धकारी महारा% दूषण िनयंण बोड से नािमत िवशेष आमंि*त : @. नाम और पदनाम (एस/Bी.)
िवभाग 1 Bी. शMभू दयाल मीना, िविनNद% अ8धकारी सी-ज़-एसईज़ेड, पुणे Eटर

एज4डा आइटम नंबर 01: िदनांक 31.10.2025 को आयो6जत 55 व9 बैठक के कायवृP क0 पुि% िवचारिवमश के बाद, सिम8त ने 31.10.2025 को आयो6जत अनुमोदन सिम8त क0 55 व9 बैठक के कायवृP क0 पुि% क0।
एज4डा आइटम नंबर 02: 31.10.2025 को आयो6जत बैठक के कायवृP के लए क0 गई कारवाई Qरपोट। िवचार-िवमश के बाद, सिम8त ने 31.10.2025 को आयो6जत बैठक के लए क0 गई कारवाई Qरपोट नोट क0। एज4डा आइटम नंबर 03: मेसस ईओएन खराड़ी इंाटचर ा.

को आयो6जत बैठक के कायवृP के लए क0 गई कारवाई Qरपोट। िवचार-िवमश के बाद, सिम8त ने 31.10.2025 को आयो6जत बैठक के लए क0 गई कारवाई Qरपोट नोट क0। एज4डा आइटम नंबर 03: मेसस ईओएन खराड़ी इंाटचर ा. ल., फेज-II (डेवलपर) Rारा संकरण )े* म4 कैफेटेQरया सुिवधा थािपत करने हेतु िव@ेता को िनNमत )े* पSे पर देने के लए तुत आवेदन। (कैफेटेQरया के वतमान )े* म4 नया िव@ेता)। िवचार-िवमश के बाद, सिम8त ने एसईजेड िनयम, 2006 के िनयम 11(5) के अनुसार, एसईजेड पQरसर म4 कT टीन सेवाओं के लए िव@ेता को थान पSे पर देने के डेवलपर के ताव को मंजूरी दे दी, जैसा िक नीचे िवतार से बताया गया है:

संथा का नाम थान उपयोग का उUेVय पSे पर दी जाने वाली भूिम का )े*फल (वग फुट म4) नWसग फाMस ाइवेट लिमटेड Qरि@एशनल Xलॉक, लेवल-2, यूिनट नंबर-20, ईओएन फेज-II, एसईज़ेड फूड काउंटर 165.00 वग फुट. इसके अलावा, अनुमोदन सिम8त ने डेवलपर को कैफेटेQरया के लए आवंिटत थान का [ोर -लान और कैफेटेQरया के भीतर खाली थान\ का िववरण तुत करने का िनदJश िदया । यह वीकृ8त एसईजेड िनयम, 2006 के िनयम 11(5) म4 िनधाQरत शत] के अधीन है। एज4डा आइटम नंबर 04: मेसस यूबीएस िबजनेस सॉKयूशंस (इं8डया) ाइवेट लिमटेड Rारा एसईजेड यूिनट-पQरसर म4 कैफेटेQरया के िनयिमतीकरण क0 मंजूरी के लए आवेदन । िवचार-िवमश के बाद, सिम8त ने िनदJश सं^या 95 िदनांक 11.06.2019 के पैरा 3 के अनुसार, एसईजेड पQरसर के भीतर कैफेटेQरया को

ेड Rारा एसईजेड यूिनट-पQरसर म4 कैफेटेQरया के िनयिमतीकरण क0 मंजूरी के लए आवेदन । िवचार-िवमश के बाद, सिम8त ने िनदJश सं^या 95 िदनांक 11.06.2019 के पैरा 3 के अनुसार, एसईजेड पQरसर के भीतर कैफेटेQरया को

िनयिमत करने के ताव को मंजूरी दे दी, 6जसका िववरण नीचे िदया गया है:

@मांक. सुिवधा थान (मं6जल और भवन) )ेफल(वग फुट) 1 कैफेटेQरया टावर-ए, _ाउंड [ोर 4757.64 वीकृ8त, वा#ण`य एवं उFोग मंालय (MOC&I) Rारा जारी िनदJश सं^या 95 म4 िनधाQरत शत] के अधीन है। अ2य) को धaयवाद bापन के साथ बैठक समाc हुई।

Minutes of the 56th 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. EON Kharadi Infrastructure Pvt. Ltd.–Phase-II SEZ, Kharadi, Pune, held on 24.02.2026 1 Name of the SEZ M/s. EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Phase II 2 Sector IT/ITES 3 Meeting No. 56th Meeting 4 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 Name and Designation Department 1 Shri.

hirke, Superintendent Nominee of Customs, Pune 6 Shri Navanath Awatade, Sub Regional 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 55th meeting held on 31.10.2025 After deliberation, the Committee confirmed the minutes of the 55th meeting of Approval Committee held on 31.10.2025. Agenda Item No.02: Action taken report for the minutes of the meeting held on 31.10.2025.
After deliberation, the Committee has noted the Action taken report for the meeting held on 31.10.2025.

Agenda Item No.03: Application Submitted by M/s. EON Kharadi Infrastructure Pvt. Ltd. Phase-II (Developer) for the leasing out built up space to vendors for setting up their cafeteria facility in the processing area. (New Vendor in existing area of Cafeteria). After deliberation, the Committee approved the proposal of the Developer for leasing out up space to vendor for Canteen services in SEZ premises., in terms of Rule 11(5) of SEZ Rules, 2006, as detailed below:

Name of The Entity Location Purpose of Use Area to be leased(Sq.Ft.)

ng out up space to vendor for Canteen services in SEZ premises., in terms of Rule 11(5) of SEZ Rules, 2006, as detailed below:

Name of The Entity Location Purpose of Use Area to be leased(Sq.Ft.)

Nursing Farms Pvt. Ltd. At Recreational Block, Level-2, Unit No- 20, EON Phase-II,SEZ Food Counter 165.00 Sq.Ft. Further, the Approval Committee directed the Developer to submit the floor plan of the space allotted for the cafeteria, along with details of the vacant spaces within the cafeteria. The approval is subject to the conditions laid down in Rule 11(5) of SEZ Rules, 2006 issued by MOC&I. Agenda Item No.04: Application Submitted by M/s. UBS Business Solutions (India) Pvt. Ltd. for approval of Regularization of Cafeteria in the SEZ Unit-Premises. After deliberation, the Committee approved the proposal to regularize the cafeteria within the SEZ premises of the unit, in terms of Para 3 of Instruction No. 95 dated 11.06.2019, as detailed below:

Sr.No. Facility Location(Floor and Building) Area(Sq.Ft.) 1 Cafeteria Tower-A, Ground Floor 4757.64 The approval is subject to the conditions laid down in Instruction No. 95 issued by MOC&I. Meeting ended with a vote of thanks to the Chair. signaturerectangle-1-186 (bानेdर बी. पाटील, आयएएस) (Dnyaneshwar B.

val is subject to the conditions laid down in Instruction No. 95 issued by MOC&I. Meeting ended with a vote of thanks to the Chair. signaturerectangle-1-186 (bानेdर बी. पाटील, आयएएस) (Dnyaneshwar B. Patil, IAS) अ2य)-सह- िवकास आयु, Chairman-cum- Development Commissioner Digitally signed by Dnyaneshwar Bhalchandra Patil Date: 2026.03.20 11:40:26 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 24-02-2026 Agenda Item No. Subject Remarks Agenda Item No. 01 Confirmation of the Minutes of the 55th Meeting held on 31-10-2025 Minutes of the meeting held on 31.10.2025 confirmed by the Approval Committee. Agenda Item No. 02 Application for setting up cafeteria(M/s. EON Kharadi Infrastructure Pvt. Ltd.-SEZ Phase-II (Developer)) Approval letter is issued to the Unit on 23.03.2026 Agenda Item No. 03 application for regularization of cafetria(M/s. UBS Business Solutions(India) Pvt. Ltd.) Approval letter is issued to the Unit on 23.03.2026

er is issued to the Unit on 23.03.2026 Agenda Item No. 03 application for regularization of cafetria(M/s. UBS Business Solutions(India) Pvt. Ltd.) 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. Isobar Commerce India Pvt. Ltd. Unit-1 an IT/ITES unit located in M/s. EON Kharadi Infrastructure Pvt. Ltd.-Phase-II-SEZ, for 5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026- 27(April,2026) of 2nd Block Period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026- 27(April,2026) of 2nd 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: - Approved Projections: (1st Block Period) (Rs. In Cr.)

2019-20 2020-21 2021-22 2022-23 2023-24 TOTAL FOB value of export 23.72 30.05 31.14 31.35 32.44 148.69 FE outgo 1.41 0.32 0.31 0.41 0.34 2.80 NFE 22.31 29.73 30.82 30.93 32.09 145.88 Performance as compared to projections: (Rs.

value of export 23.72 30.05 31.14 31.35 32.44 148.69 FE outgo 1.41 0.32 0.31 0.41 0.34 2.80 NFE 22.31 29.73 30.82 30.93 32.09 145.88 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 2023-24 32.44 21.24 0.00 0.00 1.31 0.00 0.00 TOTAL 32.44 21.24 0.00 0.00 1.31 0.00 0.00

Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 110.16 99.96%

Approved Projections: (2nd Block Period) (Rs. In Cr.)

2024-25 2025-26 2026-27 2027-28 2028-29 TOTAL FOB value of export 28.90 32.11 35.32 38.53 41.74 176.60 FE outgo 0.15 0.21 0.28 0.35 0.48 1.47 NFE 28.75 31.90 35.04 38.18 41.26 175.13 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 2024-25 28.90 20.69 0.00 0.00 0.80 0.00 0.00 2025-26 32.11 23.40 0.00 0.00 2026-27 35.32 1.72 (till April-2026) 0.00 0.00 TOTAL 96.33 45.81 0.00 0.00 0.80 0.00 0.00

Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2024-25 20.68 99.94% 2025-26 44.06 99.95% 2026-27 (April-2026) 45.77 99.92% Employment Achievement: Projected Achieved as on 30.04.2026 Male 40 Male 20 Female 25 Female 16 TOTAL 65 TOTAL 36 Information: Name of The Unit M/s. Isobar Commerce India Pvt. Ltd.

45.77 99.92% Employment Achievement: Projected Achieved as on 30.04.2026 Male 40 Male 20 Female 25 Female 16 TOTAL 65 TOTAL 36 Information: Name of The Unit M/s. Isobar Commerce India Pvt. Ltd. Unit- 1 LOA No. & Date SEEPZ-SEZ/EKIPL-SEZ/ISOBAR/35/2018-19 Dated 06.09.2018 Location of Unit 1st Floor, Tower B, EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Phase-II S. No. 72/2/1, Kharadi, Pune-411014. Validity of LOA 02.05.2029 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 02.05.2019 Execution of BLUT Rs. 6.51 Crores. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 09.08.2028 Pending CRA Objection, if any NA

Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Employment made as on date (30.04.2026) (as on end of block period/year up to which monitoring is being done) 36 (Men-20, Women-16) Area allotted (in sq.ft.) 13,700.Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 380.55 Sq.ft Investment till date

Building

Plant & Machinery 2.43 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 19.06.2026 has reported as detailed below: EXPORT (Rs.

ear along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 19.06.2026 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) 2023-24 21.24 21.76 -0.52 During the year they have made Audit adjustment of Rs. 0.51 Crore. Balance difference of Rs. 0.01 Crore is due to Exchange Rate variation. 2024-25 20.69 20.66 0.03 The Difference is due to Exchange Rate variation. 2025-26 23.40 23.43 -0.03 2026-27 (April,2026) 1.72 1.72 0.00

IMPORT (Rs. In Cr) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.)
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) 2023-24 0.12 0.00 0.12 The Unit has Shown Cumulation Figures in APR.

As per Customs records total import of FY 2023-24 To 2027 is Nil 2024-25 0.12 0.00 0.12 2025-26 0.12 0.00 0.12 2026-27 (April,2026) 0.12 0.00 0.12

.12 The Unit has Shown Cumulation Figures in APR.

As per Customs records total import of FY 2023-24 To 2027 is Nil 2024-25 0.12 0.00 0.12 2025-26 0.12 0.00 0.12 2026-27 (April,2026) 0.12 0.00 0.12

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) 2023-24 To 2025-26 and (April,2026) 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

Date of Acceptance BLUT Amount 02.11.2018 0.93 11.06.2024 5.58 Total 6.51 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise: FY Goods Imported & Indigenous Services Imported & Indigenous 23-24 0.07 0.84 24-25 0.01 0.23 25-26 0.00 0.00 26-27 0.00 0.00 Total 0.08 1.06 (d) Employment made as on date (30.04.2026) (as on end of block period/ year up to which monitoring is being done) Men:20 Women: 16 Total No Employment : 36 (e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 30.04.2026) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. No foreign remittance is pending as on 30.04.2026

(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,

n 30.04.2026

(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. 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. 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.

y 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 2023-24 0.00 0.00 2024-25 0.08 0.02 2025-26 0.00 0.00 2026-27 0.00 0.00 Total 0.08 0.02 (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, Utilizing the below infra commonly for our both SEZ Units. Reception + Lobby Training Room Pantry Meeting Rooms and Conference rooms Rest Room The approval for sharing of infrastructure was approved in UAC held on 18.10.2019 and approval was communicated vide letter F.No. SEEPZ-SEZ/EKIPL-SEZ/Isobar/35/18- 19/2231 dated 29.10.2019 (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.

(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. The unit informed that t hey are in the process of filing pending DSPF’s. (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 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 e. Recommendation: The unit has achieved export revenue of Rs.21.24 Cr. against the projected export of Rs. 32.44 Cr. In the 5 th Year of 1st Block Period i.e. FY 2023-24. The Unit has also achieved a Positive NFE of Rs. 110.16 Cr as against the Projected NFE of Rs. 145.88 Cr which is 75.51% of the projected NFE in 1st Block Period i.e. FY 2019-20 to 2023-24. The unit has achieved export revenue of Rs.45.81 Cr. on cumulative basis against the projected export of Rs. 96.33 Cr.

h is 75.51% of the projected NFE in 1st Block Period i.e. FY 2019-20 to 2023-24. The unit has achieved export revenue of Rs.45.81 Cr. on cumulative basis against the projected export of Rs. 96.33 Cr. In the FY 2024-25 to FY 2026-27 (April,2026) of 2nd Block Period. The Unit has also achieved a Positive NFE of Rs. 45.77 Cr as against the Projected NFE of Rs. 95.69 Cr which is 47.83% of the projected NFE on cumulative basis for FY 2024-25 to FY 2026-27 of 2nd Block Period. As per SO report the unit has achieved employment of 36 employees (Men-20, Women-16) as on 30.04.2026. In the UAC held on 23.04.2024, the unit was directed to file all pending DSPF up to May 2024. Further for the current monitoring period (2023-24 to 2026-27 (till April 2026)) as per the Specified Officer's report, the unit has not yet completed the DSPF filing. Approval committee may kindly monitor the performance of the Unit for 5th year i.e. FY 2023-24 of 1 st Block Period and FY 2024-25 to FY 2026-27(April,2026) of 2nd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

th year i.e. FY 2023-24 of 1 st Block Period and FY 2024-25 to FY 2026-27(April,2026) of 2nd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

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. Isobar Commerce India Pvt. Ltd. Unit-2 an IT/ITES unit located in M/s. EON Kharadi Infrastructure Pvt. Ltd.-Phase-II-SEZ, for 5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026- 27(April,2026) of 2nd Block Period. b. Specific Issue on which decision of AC is required: -
Monitoring of the performance of the unit for 5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026- 27(April,2026) of 2nd 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: - Approved Projections: (1st Block Period) (Rs. In Cr.)

2019-20 2020-21 2021-22 2022-23 2023-24 Total FOB value of export 14.61 27.36 40.76 49.01 64.91 196.66 FE outgo 1.50 0.44 0.56 0.86 1.00 4.36 NFE 13.12 26.92 40.20 48.14 63.91 192.29 Performance as compared to projections: (Rs.

value of export 14.61 27.36 40.76 49.01 64.91 196.66 FE outgo 1.50 0.44 0.56 0.86 1.00 4.36 NFE 13.12 26.92 40.20 48.14 63.91 192.29 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 2023-24 64.91 50.27 0.00 0.00 2.39 19.20 0.00 TOTAL 64.91 50.27 0.00 0.00 2.39 19.20 0.00

Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2023-24 210.83 99.97%

Approved Projections: (2nd Block Period) (Rs. In Cr.)

2024-25 2025-26 2026-27 2027-28 2028-29 TOTAL FOB value of export 53.53 58.27 63.01 67.75 72.48 315.04 FE outgo 0.30 0.55 0.80 0.90 1.00 3.55 NFE 53.23 57.72 62.21 66.85 71.48 311.50 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 2024-25 53.53 40.92 0.00 0.00 3.55 0.00 0.00 2025-26 58.27 47.52 0.00 0.00 2026-27 63.01 3.55(till april-2026 0.00 0.00 TOTAL 174.81 91.99 0.00 0.00 3.55 0.00 0.00

Cumulative NFE achieved: (Rs. in Cr) Year Cumulative NFE Achieved Cumulative % NFE Achieved 2024-25 40.89 99.93% 2025-26 88.39 99.94% 2026-27 (April-2026) 91.91 99.91% Employment Achievement : Projected Achieved (as on 30.04.2026) Male 198 Male 89 Female 108 Female 50 TOTAL 306 TOTAL 139 Information: Name of The Unit M/s. Isobar Commerce India Pvt. Ltd.

.91 99.91% Employment Achievement : Projected Achieved (as on 30.04.2026) Male 198 Male 89 Female 108 Female 50 TOTAL 306 TOTAL 139 Information: Name of The Unit M/s. Isobar Commerce India Pvt. Ltd. Unit- 2 LOA No. & Date SEEPZ-SEZ/EKIPL-SEZ/ISOBAR/36/2018-19 Dated 06.09.2018 Location of Unit 1st Floor, Tower B, EON Kharadi Infrastructure Pvt. Ltd.-SEZ, Phase-II S. No. 72/2/1, Kharadi, Pune-411014. Validity of LOA 01.05.2029 Item(s) of manufacture/ Services IT & ITES Date of commencement of production 02.05.2019 Execution of BLUT Rs. 16.40 Crores. Outstanding Rent dues NA Labour Dues NA Validity of Lease Agreement 09.08.2028

Pending CRA Objection, if any NA Pending Show Cause Notice/ Eviction Order/Recovery Notice/ Recovery Order issued, if any NA Employment made as on date (30.04.2026) (as on end of block period/year up to which monitoring is being done) 139 (Men-89, Women-50) Area allotted (in sq.ft.) 15,615 Sq.ft Area available for each employee per sq.ft. basis (area / no. of employees) 112.33 Sq.ft Investment till date

Building

Plant & Machinery 4.50 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 19.06.2026 has reported as detailed below: EXPORT (Rs.

he Year along with no of days delayed to be given. Yes The Specified Officer report vide letter dated 19.06.2026 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) 2023-24 50.27 50.36 0.09 The Difference is due to Exchange Rate variation. 2024-25 40.92 40.97 0.05 2025-26 47.52 47.52 0.00 2026-27 (April,2026) 3.55 3.55 0.00 -- IMPORT (Rs. In Cr) (Capital Goods including procurement done on IUT (from SEZ, EOU, STPI, EHTP) basis.) 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) 2023-24 0.27 0.19 0.08 The Unit has reported Cumulative figures in APR, whereas as per Customs records for FY 2023-24, procurement was Rs. 0.19 Crore. Therefore, the difference was Rs. 0.08 Crore has arisen. 2024-25 0.27 0.00 0.27 The Unit has Shown Cumulation Figures in APR.

s as per Customs records for FY 2023-24, procurement was Rs. 0.19 Crore. Therefore, the difference was Rs. 0.08 Crore has arisen. 2024-25 0.27 0.00 0.27 The Unit has Shown Cumulation Figures in APR.

2025-26 0.27 0.00 0.27 2026-27 (April,2026) 0.27 0.00 0.27 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) 2023-24 To 2025-26 and (April,2026) 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

Date of Acceptance BLUT Amount 02.11.2018 1.24 11.06.2024 15.16 Total 16.40 2 Total Duty Foregone on goods & services procured Category Wise: Year Wise: FY Goods Imported & Indigenous Services Imported & Indigenous 23-24 0.39 0.36 24-25 0.10 0.25 25-26 0.04 0.54 26-27 0.00 0.00 Total 0.53 1.15 (d) Employment made as on date (30.04.2026) (as on end of block period/ year up to which monitoring is being done) Men:89 Women: 50 Total No Employment : 139 (e) Details of Pending Foreign Remittance beyond Permissible period, if any (as on 30.04.2026) To cross-check the same and verify whether necessary permission from AD Bank/ RBI has been obtained. No foreign remittance is pending as on 30.04.2026

(f) Whether all Softex has been filed for the said period. If no, details thereof.

ther necessary permission from AD Bank/ RBI has been obtained. No foreign remittance is pending as on 30.04.2026

(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. Yes, All SOFTEX Forms till April-2026 have been Certified. Except Jan-2026 and February-2026 (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

The approval for sharing of infrastructure was approved in UAC held on 18.10.2019 and approval was communicated vide letter F.No. SEEPZ-SEZ/EKIPL-SEZ/Isobar/36/18- 19/2229 dated 29.10.2019 (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.

(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 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 e. Recommendation: The unit has achieved export revenue of Rs.50.27 Cr. against the projected export of Rs. 64.91 Cr. in the 5 th Year of 1st Block Period i.e. FY 2023-24. The Unit has also achieved a Positive NFE of Rs. 210.83 Cr as against the Projected NFE of Rs. 192.29 Cr which is 109.64% of the projected NFE for 1st Block Period i.e. FY 2019-20 to FY 2023-24. The unit has achieved export revenue of Rs.91.99 Cr. on cumulative basis against the projected export of Rs. 174.81 Cr.

09.64% of the projected NFE for 1st Block Period i.e. FY 2019-20 to FY 2023-24. The unit has achieved export revenue of Rs.91.99 Cr. on cumulative basis against the projected export of Rs. 174.81 Cr. in the FY 2024-25 to FY 2026-27 of 2nd Block Period (FY 2024-25 to FY 2028-29). The Unit has also achieved a Positive NFE of Rs. 91.91 Cr as against the Projected of Rs. 173.16 Cr which is 53.07% of the projected NFE on cumulative basis in the FY 2024-25 to FY 2026-27 (April,2026) of 2nd Block Period. As per SO report the unit has achieved employment of 139 employees (Men-89, Women-50) as on 30.04.2026. In the UAC held on 23.04.2024, the unit was directed to file all pending DSPF up to May 2024. Further, for the current monitoring period (2023-24 to 2026-27 (till April 2026)) as per the Specified Officer's report, the unit has not yet completed the DSPF filing. Approval committee may kindly monitor the performance of the Unit for 5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026-27(April,2026) of 2nd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

5th year of 1 st Block Period i.e. FY 2023-24 and FY 2024-25 to FY 2026-27(April,2026) of 2nd Block Period, in terms of Rule 54 of SEZ Rules, 2006.

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 dated 15.01.2026, and further submissions vide emails dated 05.03.2026 and 04.05.2026 submitted by M/s. XPO India Shared Services LLP., an IT/ITES unit located in EON Kharadi Infrastructure Pvt. Ltd-SEZ Phase- II for Change in Nominee Designated partner. b. Specific Issue on which decision of AC is required: -
Approval of the Committee for Change in Nominee Designated partner. , in terms of Instruction No. 109 dated 18.10.2021, as detailed below: c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/
Notification :- Relevant provisions: - 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.

proval 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: - Designated Partners at the time of establishment of Unit : Sr.No Name of the Designated Partner Cessation/Resignation Date 1. Dharmesh Rao 28.01.2021 2. Shrey Rustagi 28.01.2021 Proposed List of Designated Partners as submitted by the unit: Sr.No Name of the Designated Partner Appointment Date 1. Sameer Iqbal Shaikh 19.12.2024 2. Angela Eileen Ricci 20.02.2025 Observations: Upon examination of the application of the unit and the available records of this office, it was observed that from the time of establishment of the unit in 2019 (LOA dated 08.03.2019) till the submission of this application, unit has undergone multiple changes in the Nominee designated Partners (as in Table-I below). However, the unit failed to intimate such changes to this office in terms of Instruction No. 109 dated 18.10.2021 of MOC&I as and when such changes happened for over 7 years. In view of the application submitted now, unit was requested to submit details of appointment and cessation of the Nominee Designated Partner in the intertwining period. The same as submitted by the unit is as below:

lication submitted now, unit was requested to submit details of appointment and cessation of the Nominee Designated Partner in the intertwining period. The same as submitted by the unit is as below:

Sr. No Name Appointment Cessation 1 Mr. Dharmesh Rao 11-01-2019 28-01-2021 2 Mr. Shrey Rustagi 11-01-2019 28-01-2021 3 Mr. Ashish Singh 28-01-2021 01-05-2021 4 Mr. Ashish Zaveri 01-05-2021 10-12-2021 5 Mr. Ravi Padmanabhan 10-12-2021 27-07-2022 6 Mr. Mayank Singh 27-07-2022 19-12-2024 7 Ms. Rachana Dubey 28-01-2021 20-02-2025 Unit has submitted the Resolution of Designated Partners for appointment and cessation of the Partners as mentioned in table above. However, the unit has not submitted LLP Form-4 for appointment and cessation of Partners (except Angela Eileen Ricci and Sameer Iqbal Shaikh). In view of the above, the unit has submitted that, due to changes in the MCA portal and the related records, they are unable to trace Form LLP-4 pertaining to the earlier period. Accordingly, the unit has requested that the resolutions approving the change in partners, as passed in the respective meetings, be considered and accepted as supporting evidence for the said changes. Condonation of delay in submission of application: The unit has submitted that, due to internal restructuring and administrative delays, the intimation regarding the change in Designated Partner could not be filed within the prescribed timeline. The unit has requested condonation of the delay and acceptance of the intimation on record. Information: - M/s. XPO Shared Services LLP.is granted LOA No.

not be filed within the prescribed timeline. The unit has requested condonation of the delay and acceptance of the intimation on record. Information: - M/s. XPO Shared Services LLP.is granted LOA No. SEEPZ-SEZ/EKIPL-SEZ/XISSL/43/2019 Dated 08.03.2019 is located at 6th Floor, (Office No.02) Tower-B, EON Khradi Infrastructure Pvt. Ltd.- SEZ, Phase-II, survey No.72/2/1, Kharadi Pune- 411014. DCP: 01.07.2019 LOA valid till: 30.06.2029 The Unit has submitted following documents

Copy of PAN of LLP
Copy of resolution for acceptance of resignation/appointment of earlier partner
Copy of LLP Form 4 for Sameer Iqbal Shaikh and Angela Eileen Ricci.
Copy of letter of consent of partners of new incoming partners
Copy of Undertaking terms of Instruction No109
Copy of undertaking regarding personal liability arising, if any against the designated partner.
Copy of the reply to the query raised by the office.
Copy of the MoM of the Partners approving the resignation of the partners.
Copy of Updated Undertaking of all partners e. Recommendation: In view of the above observations, the Approval Committee may kindly consider the proposal of the unit for the change of Nominee Designated Partner in terms of Instruction No. 109 issued by the MoC&I.

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