Minutes of Approval Committee meeting for Pune-Cluster held on 27 June 2023. — 09-4-eon-i-minutes

1 Minutes of the 110th 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-I SEZ, Kharadi, Pune, held on 27.06.2023 via video conferencing. 1 Name of the SEZ M/s. EON Kharadi Infrastructure Pvt.
Ltd.-SEZ, Phase I 2 Sector IT/ITES 3 Meeting No. 110th 4 Date 27.06.2023 Members present Sr Name and Designation (S/Shri.) Department 1 Smt. Mital Hiremath Joint Development Commissioner Pune Cluster SEZ, Pune 2 Smt. Pradnya R. Gholap, DCIT (TDS) Pune Nominee of Income Tax, Pune 3 Dr. Dileeraj Dabhole Dy. DGFT Nominee of DGFT, Pune 4 Smt. Sunita Jagtap Superintendent Nominee of Customs, Pune Special Invitee S r Name and Designation Department 1 Shri B. Ajay Kumar Specified Officer M/s. EON Kharadi Infrastructure
Pvt. Ltd.-SEZ, Phase-I Agenda Item No.01: Confirmation of the Minutes of the 109 meeting held on 30.05.2023. After deliberation, the Committee confirmed the minutes of the 109th meeting of Approval Committee held on 30.05.2023 Agenda Item No.02: Application for Approval of Broad Banding of Services and Sharing of Infrastructure Services submitted by M/s. Eaton Technologies Pvt Ltd The Committee after deliberations approved the proposal of the unit for broad banding in terms of Rule 19(2). However, with regard to the proposal for sharing of infrastructure, it was informed to the Committee by the Specified Officer that the aspect of sub-letting was not verified. The Committee directed that SO should verify and make an elaborate submission as to whether sharing of infrastructure tantamount to sub-letting.
The Unit representative informed the Committee that as per their global agreement the new unit i.e. M/s Gepact India Pvt. Ltd. has to start their operations from 10th July, 2023 and without having access to the networking system they will File No.S-SEZ-MINS0EON1/1/2022-JDCP I/2320/2023 209

2 not be able to start their operations which will affect the business strategy and thus requested if approval for the said proposal could be given before 10.07.2023.
Based on the request of the Unit, the Committee directed that the Specified Officer should submit his report which should be taken on record and circulate the report to the members of the Approval Committee through mail for consideration. Based on the inputs received from SO, the Committee will take decision.
The report submitted was circulated to the members of Approval Committee through mail and based on the approval given by the Committee Members, the proposal of the unit for sharing of infrastructure was approved. Agenda Item No.03: Monitoring of Performance of M/s SG Analytics Pvt. Ltd After deliberation, the committee noted the performance of the Unit, in terms of, Rule 54 of SEZ Rules, 2006. As detailed below: (i) The unit has achieved export of Rs. 5145.58 lakhs against the Projected export of Rs. 7689.62 lakhs i.e, 66.91% in the FY 2017-18 of 1st Block period (ii) The unit has achieved Positive NFE of Rs. 21403.65 lakhs i.e, 90.87% on cumulative basis in the FY 2017-18 i.e., last year of 1st block period. (iii) The unit has achieved export of Rs. 20293.91 lakhs against the Projected export of Rs. 23695.24 lakhs i.e, 85.64% in the period of FY 2018-19 to 2021-22 of 2nd Block period. (iv) The unit has achieved Positive NFE of Rs. 19492.68 lakhs i.e, 96.03% on cumulative basis. (v) The unit has achieved Employment of 297 employees (Men 171, Women 126) (vi) The Committee observed that, the unit has provided services in DTA against payment received in INR during the following period: (Rs. In Lakhs) FY Sales Value 2017-18 47.77 2018-2019 8.99 Total 56.76 (vii) Since providing of “Services” in DTA against INR does not qualify as ‘Services’ as per definition given in Section 2(z) of the SEZ Act, 2005, Unit has violated the provisions of SEZ Act & Rules and hence Committee after deliberation, directed to initiate action against the unit for violation of various provision of SEZ Act / Rules and under Foreign Trade (Development and Regulation) Act, 1992. Agenda Item No.04: Monitoring of Performance of M/s Allscripts (India) LLP After deliberation, the committee noted the performance of the Unit, in terms of, File No.S-SEZ-MINS0EON1/1/2022-JDCP I/2320/2023 210

3 Rule 54 of SEZ Rules, 2006. As detailed below: (i) The Unit has achieved export of Rs. 31653.83 lakhs in the FY 2022-23. (ii) The unit has achieved Positive NFE of Rs. 27805.17 in last year 2022-23 on cumulative basis. i.e. 87.84% (iii) The unit has achieved Employment of 1829 employees (Men 1184, Women- 645) Agenda Item No. 05: Application for Approval of partial deletion with Revision in Projections submitted by Sears IT and Management Services India Pvt Ltd After deliberation, the committee approved the proposal of the Unit for partial Deletion of Area with Revision in Projections, in terms of Rule 19(2) of SEZ Rules, 2006 subject to submission of “No Dues Certificate” from the Specified Officer, as detailed below:

1. Partial Deletion of area admeasuring of 55,483.47 Sq.ft.. located at 5th Floor of Cluster D, Wing 2 and 7th Floor of Cluster C, Wing 2, EON Free Zone, EON Kharadi Infrastructure Pvt Ltd-Phase-I-SEZ from the existing area of 91,314 Sq.ft located at 4th & 5th Floor of Cluster D, Wing 2, and 7th Floor, Cluster C, Wing 2, EON Free Zone, EON Kharadi Infrastructure Pvt Ltd-Phase-I-SEZ,, remaining area after partial deletion will be of 35,830.53 Sq.ft
2. Revision in Projections, as detailed below: (Rs. In Lakhs) Sr.No Particulars 2019-20 Actual 2020- 21 Actual 2021-22 Actual- Unaudite d 2022- 23 2023-24 Total

FOB Value of exports 14265.7 0 10885.8 9 11303.9 4 12890.6 2 15482.7 1 64828.8 6 2. Foreign Exchange outgo 305.23 212.00 3540.39 10054.1 6 10043.4 1 24155.1 9 3. Net Foreign Exchange 13960.4 7 10673.8 9 7763.56 2836.46 5439.30 40673.6 7 1. Investment in Plant & Machinery/Capital Good i. Indigenous 103.65 ii Imported 154.01 Total 257.66 2. Value of Services i. Indigenous 8955.53 ii. Imported 461.79 Total 9417.32 Employment(Men-321, Women-93) 414 File No.S-SEZ-MINS0EON1/1/2022-JDCP I/2320/2023 211

4 Agenda Item No.06: Monitoring of Performance of M/s Zensar Technologies Ltd-Unit I After deliberation, the committee noted the performance of the Unit, in terms of, Rule 54 of SEZ Rules, 2006. As detailed below: (i) The Unit has achieved export revenue of Rs. 2716.68 Lacs as against projected export of Rs. 13492.00 Lacs i.e. 20.13% in 3rd year of 3rd block period i.e. in FY2022-23. (ii) The Unit has achieved cumulative NFE of Rs. 17259.95 Lakhs which is 98.72% at the end of FY 2022-23. (iii) The unit has achieved Employment of 373 employees (Men 224, Women- 149) Agenda Item No.07: Monitoring of Performance of M/s Zensar Technologies Ltd-Unit II After deliberation, the committee noted the performance of the Unit, in terms of, Rule 54 of SEZ Rules, 2006. As detailed below: (i) The Unit has achieved export revenue of Rs. 5289.06 Lacs as against projected export of Rs. 5400.00 Lacs i.e. 97.94 % in 4th years of the 2 nd block period i.e. in FY 2022-23. (ii) The Unit has achieved cumulative positive NFE of Rs. 32407.72 Lac which is 98.90% at the end of FY 2022-23 (at the end of 4th year of 2 Block). (iii) The unit has achieved Employment of 616 employees (Men 370, Women- 246) Meeting ended with a vote of thanks to the Chair. (Shyam Jagannathan, IAS) Chairman-cum- Development Commissioner E-Mail- dcseepz-mah@nic.in File No.S-SEZ-MINS0EON1/1/2022-JDCP I/2320/2023 212