Minutes of Approval Committee meeting for Pune-Cluster held on 25 July 2023. — 11-the-manjri-stud-farm-pvt-ltd-sez

Minutes of the 94th Meeting of the Approval Committee meeting held under the Chairmanship of Zonal Development Commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic Zone for IT/ITES of M/s. The Manjri Stud Farm-SEZ, Pune held on 25.07.2023. 1 | Name of the SEZ M/s. The Manjri Stud Farm Pvt. Ltd.-SEZ 2 | Sector IT/ITES 3 | Meeting No. O4th 4 | Date 25.07.2023 Members present Sr | Name and Designation Department (S/Shri.} 1 | Smt. Mital.S. Hiremath Pune Cluster SEZ, Pune Joint Development Commissioner 2 | Smt. Pradnya R. Ghelap, Nominee of Income Tax, Pune DCIT (TDS) Pune 3 | Dr. Dileeraj Dabhole Nominee of DGFT, Pune Dy. DGFT 4 | Smt. Sunita Jagtap, Nominee of Customs, Pune Superintendent Special Invitee | Name and Soren fe Department 1 | Shri Satbir Sharma M/s. The Manjri Stud Farm Pvt. a Specified Officer SEZ Agenda Item No. 01: Confirmation of the Minutes of the 935 Meeting held on 27.06.2023 After deliberation, the Committee confirmed the minutes of the 93"%Approval Committee meeting held on 27.06.2023 Agenda Item No.02: Application for Approval of Change in Board of Directors in r/o M/s. Manjri Stud Farm Pvt Ltd., SEZ Developer After deliberation, the Approval committee has approved the change in the Board of Directors in terms of Instruction No.109 dated 18.10.2021, issued by MOC&I, as detailed below: Approved List of Board of Directors: Sr. No. | Name of the Director Designation L. Mr. Rajesh Agarwal Director 2. Mr. Dhaval Vohera Additional Director 3 Mr. Ashok Patidar Additional Director

The approval is subject to the conditions as laid down in Instruction No. 109, as applicable, issued by MOC&I a. b. Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity; Fulfilment of all eligibility criteria applicable, including security clearances etc. by the altered entity and its constituents; Applicability of and compliance with all Revenue/Company Affairs/SEBI etc. Act/Rules which regulate issues like capital gains, equity change, transfer, taxability etc. Full financial details relating to change in equity/merger, demerger, amalgamation or transfer in ownership etc. shall be furnished immediately to Member (IT&R), CBDT, Department of Revenue and to the jurisdictional Authority. The assessing officer shall have the right to assess the taxability of the gain/loss arising out of the transfer of equity or merger, demerger, amalgamation, transfer in ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. The applicant shall furnish details of PAN and jurisdictional assessing office of the unit to CBDT. The applicant shall be recognized by the new name or such arrangement in all the records. Meeting ended with a vote of thanks to the Chair. ae 1S. Hiremath) Joint Development Commissioner