13/12/2023 — 00-minutes-embassy-pune-2

File No.S-SEZ-MINSOEPTP/1/20224DCP Members present t9.to.2023 After deliberation, t1.e Committee confirmed t1.e minutes of the 896 Approval Committee meeting held on 19.10.2023' Agenda IteE No. O2: Application for Approval of Revision in Projections submitted by M/s. Connectwise IIP. After deliberation, the committee approved the proposal of the unit for revision in projections, in terms of Rule 19(2) of SEZ Rule' 2OO6' as detailed below: Minutes of the 9OS Meeting of the Approval Committee held under the chairmanship of Shri R. K. Mishra, Zonal Development commissioner SEEPZ-SEZ, Mumbai for Sector Specific Special Economic 7.one for IT/ITES of M/s' Embassy held on 05.12.2023 via video conferencing. Pune TechZone Pvt. Ltd.-SEZ, Pune, R/t -SEZ Ltd. Teclflane Pune Em s. bassy ame of the SEZ /ITES or oth eeting No 5.t2.2023 te EzEg Sr ame arrd Designation t /shd.) I t. Mital Hiremath ne Cluster SEZ, Pune oint Development Commissioner 2 hri. Sandeep Sathe, ominee of Income Tax, Pune CIT-Circle 4, Pune 3 . Dileeraj Dabhole, ominee of DGFT, Pune puty DGFT 4 mt. Malathi J. Nair ominee of Customs, Pune perintendent t arne and Designatioa Sr A\UZ-SLZ, Pune Cluster 1 hri Satbir Sharma pecified Officer Special lnvitee Agenda Item No.Ol: Contrrmation of Minutes of the 896 meeting held on

File No.S-SEZ-MINS0EPTP/I/20224DCP Approved Revised Projections: (Rs. In Cr.) Agenda Itcm No. O3: Application for Approval of Change in Directors/ I(ey Managerial Personnel (IO{p) submitted by M/s. Kyndryl Solutions R/t. Ltd. After deliberation, the committee approved the proposal of the unit for change in Directors/Key Managerial personnel (KMp), in terms of Instruction No. 109. Dated 78.70.2021, issued by MOC&I, as detailed below: Approved Ust of Directors and KMps: 2022-23 2023-24 2024-25 2025-26 2026-27 FOB value of export r02.36 124.83 143.18 156.46 661_ FE outgo 43.59 15.57 88.85 NFE 95.36 117 .67 91.55 127.65 140.88 573. r I of Capital Goods Imported Capital Goods 1.00 Indigenous Capital Goods 15.10 Imported Capital Goods 0.85 Indigenous Capital GoodC 42. 3E E E g Sr. No of Directors/ KMPs after change 1 , Director & Managing Director r. Lingraju Sawkar 2 Venkitaraman, Additional Director . Subash 3 s. Rajita Singh, Additional Director 4 umar Saha, Company Secretar5r Pradeep K The approval is subject to the conditions as laid down in Instnrction No. r09, as applicable, issued by MOC&I a, Scamless continuili of the sEZ activities with unaltered responsibilities and obligations for the altered entity; b. Fulfiknent of ar eligibility criteria applicable, incruding security clearances etc. by the altered entity arrd its constituents; of Services

File No.S-SEZ-MtNSOEpTp/1 /2022-JDCp Meeting ended with a vote of thanks to the Chair. Coomissioner c. Applicability-of -and compliance with all Revenue/Company Affairs/SEBI etc. Act/Rules which regulate issues like capital gains, equity change, t ".r.f"r, taxability etc. d. FuIl financial details relating to. . change in equity/merger, demerger, amalgamation or transfer in ownership etc.-shal be iurnished-immeaiatet| io Member (IT&R), CBDT, Department of Revenue and to the .;".isJrctiJrar Authority. e' The assessing officer shal have the right to assess the taxab ity of the gain/loss arising out of the transfer- of equity or merger, demerger, amalgamation, transfer in ownerships etc. as "may be ipplicabte ind eligibility for deduction under relevant sections of the Income tax ect, t ge i . f. The applicant shall comply with relevant state Govemment laws, including those relating to lease of land, as applicable. g. The applicant shall furnish details ;f pAN and jurisdictional assessing oIIice of the unit to CBDT. h. The applicant shall be recognized by the new name or such arrangement in a.ll the records. t 2''t) (Rajesh Mishra, IRS) Chairmarr-cum-