13/12/2023 — 07-minutes-qubix

550 Minutes of the 129th 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 Zone for IT/ITES of Qubix Business Park Pw. Ltd.-SEZ, Pune, held or^(J5.72.2023. t [Name of the SEZ F s. Qubix Business Park Pvt Ltd SEZ , FAt.r FTflTEs tlMeetrnc No lrze'h 4 ID.t" ps.rz.zozt Sr Name and Designation (s/shri.) rtment 1 Smt. Mital Hiremath f oint Development Commissioner I' une Cluster SEZ, Pune 2 Shri. Sandeep Sathe, DCIT-Circle 4, Pune h,,lominee of lncome Tax, Pune I 3 Dr. Dileerai Dabhole, Deputy DGFT l- ominee of DGFT, Pune 4 I ominee of Customs, Pune Smr Malathi ). Nair Superintendent Members resent s Invitee Agenda ltem No.01: Confirmation of Minutes of the 128s meeting held on L9.1O.2023 After deliberation, the Committee confirmed the minutes of the 128th Approval Committee meeting held on 19.t0.2023 Agenda ltem No.02: Monitoring of performance for M/s. Akzo Nobel Business Services LLP The performance of the unit for the FY 2OLA-79 to 2022-7,3 i.e 05 years of 1st Block period (i.e. 2018-19 to 2022-23) was placed before the Approval Committee for Monitoring purpose. The Committee observed that the Unit has achieved export revenue of Rs. 343.36 Crores as against projected export of Rs. 166.26 Crores for FY 2018-19 to 2022-23 in OS years of 1st Block period (i.e. 2O78-L9 to 2022-23) with a positive cumulative NFE of Rs. 343.33 Crores with an employment of 371 employees (Men- 276 & Women-gsJ as on 3L.O3.2O23. After deliberation, the Approval committee noted the performance of M/s Akzo Nobel Business Services LLP for 5 years of 1st Block period i.e., FY 2018- 19 to FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. il rrrtion p"pa"t-"t t Sr Shri Satbir Sharma Specified Officer /s. Qubix Business Park Pvt. Ltd. SEZ r 1 File No.S-SEZ-MINS0OBXP/l/2022*JDCP v3335t2023

File No.S-SEZ.MINSOQBXP/1 /2022'JDCP Details of location and area allocated for gymnasium: facility. 3, The facility wilt be for exclusive use of the employees of the units and the Developer. Agenda Item No.05: Monitoring of performance for M/s' Infovision Labs India 551 v333512023 Agenda ltem No.O3: Monitoring of performance for M/s' Allygram Systems and Technologies Pvt. Ltd. TheperformanceoftheunitfortheFY2o]^a.!9to2022-23i.e05yearsof1st Block perioi (i.e. 2018-19 to 20?2-23) was placed before the Approval committee for Monitoring purPose. The Committee observed that the Unit has achieved export revenue of Rs' lo2.T4CroresasagainstproiectedexportofRs.los.24.4sCroresforFY20lS-19 to 2022-23 in 05 years of 1st Block period (i.e. 2018-19 to 2022-23) with a positive cumulative NFE oi I?.s. gZ.7g Crores with employment of 116 employees (Men- 105 & Women-11) as on 31.03.2023' After deliberation, the ApProval committee noted the performance of M/s. Allygram systems and Techn'ologies Pvt. Ltd. for 5 years of 1st Block period i.e., ry iOre-rs rc FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006' AgendaltemNo'04:Applicationforsettinsupofcafeteria,appointmentofvendor aid Gymnasium in the SEZ Unit-premises by M/s. Crisil Limlted After deliberation, the Committee approved the proposal of the unit for setting up of Cafeteria and Gymnasium for exclusive use of employees of the SEZ unit, i-n terms of Instruction No 95 dated 1l-06'2019, as detailed below: Details of location, serwice providers and area allocated for Cafeteria:

1. The Unit and Service Provider will not be eligible for any exemptions' drawback, concessions or any other benefits available under Section 7 or Section 26 ofthe SEZ Act for creating or operating such facilities'
2. The unit and Service provider shall adhere all the statutory compliances such as Fire NOC and othei clearances required for setting up / running of such Name of Vendor Location of Cafeteria Area in sq.ft M/s. G.M. Caterers Vendor food and employees brings serves Pre-Cooked same to Ground Floor, Qubix Business Ltd.-sEz. IT-3 Bldg., Park Pvt 6565 Location Ground Floor, IT-3 Bld ,aubix Business Park Pvt Ltd.-SEZ g@ Private Ltd. Activity Area This approval is subject to the following conditions:

File No.S-SEZ-MINS0QBXP/1 /2022-JOCP The performance of the unit for the FY 2018-19 to 2022-23 i.e 05 years of lst Block period (i.e. 2018-19 to ZO22-23) was placed before the Approval Committee for Monitoring purpose. 329.53 Crores as against projected export of Rs. 140.58 Crores for FY 2018-19 to 2022-23 in 05 years of 1st Block period [i.e. ?Ota'Lg to 2022-23) with a positive cumulative NFE of Rs. 329.17 Crores with employment of 328 employees (Men- 22L & Women-107) as on 31.03.2023. After deliberation, the Approval committee noted the performance of M/s. Infovision Labs India Private Ltd. for 5 years of 1st Block period i.e., FY 2018- 19 to FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda ltem No.06: Application for Regularization of Cafeteria by M/s. Persistent Systems Ltd The proposal of the M/s. Persistent Systems Ltd for regularization of Cafeteria in SEZ Unit premises was placed before the Approval Committee. After deliberation, the Committee approved the proposal of the unit for regularizing of Cafeteria and appointment of service provider, in the Unit's premises, in terms of Instruction No. 95 issued by MOC&I. Details of location, serwice providers and area allocated for Cafeteria: This approval is subject to the following conditions: 552 U3335t2023 Activity Location of Cafeteria Area in Sq.ft M/s. Mitesh Caterers Vendor brings food and serves employees Pre-Cooked same to IT-3 Bldg., Sth Floor, Qubix Business Park Pvt Ltd.- SEZ. 2654.7 0

1. The vendor will bring only precooked food which are ready to serve.
2. The vendor will not be using any gas/inflammable equipment in the cafeteria.
3. The Unit and Service Provider will not be eligible for any exemptions, drawbach concessions or any other benefits available under Section 7 or Section 26 ofthe SEZ Act for creating or operating such facilities.
4. The unit and Service provider shall adhere all the statutory compliances such as Fire NOC and other clearances required for setting up / running ofsuch facility.
5. The facility will be for exclusive use of the employees of t}te units and the Developer. Agenda ltem No.O7: Monitoring of performance for M/s. LTI Mindtree Ltd. (LOA '10 D) The performance of the unit for the FY 2OZZ-23 i.e 2nd year of 3rd Block period (i.e. FY 2O2L-22 to 2025-26) was placed before the Approval Commiftee for Name of Vendor

File No.S-SEZ-MINS0QBXP/1 /2022-JOCP Monitoring purpose. 712.51 Crores as against projected export of Rs. 534.23 Crores for FY 2022-23 in 2nd year of 3td Block period with a positive NFE of Rs. 1274.72 Crores on cumulative basis with employment of 27 82 employees (Men- 1915 & Women-867)as on 31.03.2023. After deliberation, the Approval committee noted the performance of M/s LTI Mindtree Ltd. for 1 years i.e., FY 2022-23 of 3rd Block period in terms of Rule 54 of SEZ Rules, 2005. Agenda Item No.08: Monitoring of performance for M/s. LTI Mindtree Ltd. (LOA -17) The performance of the unit for the FY 2022-23 i.e 5s year of Z"d Block period (i.e. FY 2018-19 to 2022-23) was placed before the Approval Committee for Monitoring purpose. 295.19 Crores as against proiected export of Rs. 64.35 Crores for FY 2022-23 in 5 rh year of 2nd Block period with a positive NFE of Rs. 722.48 Crores on cumulative basis with employment of t263 employees (Men- 837 & Women-426Jas on 3t.o3.2023. After deliberation, the Approval committee noted the performance of M/s LTIMindtree Ltd. for sth year of 2nd Block period i.e., FY 2O22-23 in terms of Rule 54 of SEZ Rules, 2006. 17 4.62 Crores as against projected export of Rs. 75.00 Crores for FY 2022-23 in 4 rh year of Znd Block period with a positive NFE of Rs. 551.60 Crores on cumulative basis with employment of 518 employees (Men- 364 & Women-154) as on 3t.o3.2023. Agenda ltem No.10: Monitoring of performance for M/s. LTI Mindtree Ltd. (LOA -44) The performance of the unit for the FY 2O2Z-23 i.e 3'd year of 2nd Block period [i.e. FY 2020-21 to 2024-25') was placed before the Approval Commiftee for Monitoring purpose. 553 AgeDda ltem No.Og: Monitoring of performance for M/s. LTI Mindtree Ltd' (LOA -3S) The performance of the unit for the FY 2022-23 i.e 4m year of znd Block period (i.e. FY 201-9-20 to 2023-24) was placed before the Approval Committee for Monitoring purpose. After deliberation, the Approval committee noted the performance of M/s LTlMindtree Ltd. for 4th year of 2"d Block period i.e., FY 2O22-23 in terms of Rule 54 of SEZ Rules, 2006. 1t3335t2023

344.85 Crores as against projected export of Rs. 118.37 Crores for FY 2022-23 in 3"d year of 2nd Block period with a positive NFE of Rs. 825.11 Crores on cumulative basis with employment of fO79 employees (Men- 695 & Women-384) as on 31.o3.2023. After deliberation, the Approval committee noted the performance of M/s LTIMindtree Ltd. for 3rd year of Znd Block period i.e., FY 2O22-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda ltem No.11: Monitoring of performance for M/s. LTI Mindtree ttd. (LOA -50) The performance of the unit for the FY 2022-23 i.e 1st year of 2nd Block period (i.e. Fy 2022-23 to 2026'27) was placed before the Approval Committee for Monitoring purpose. 177.03 Crores as against proiected export of Rs. 179.44 Crores for FY 2022-23 rn 1st year of 2nd Block period with a positive NFE of Rs, 171.18 Crores on cumulative basis with employment of 486 employees (Men- 320 & Women-156Jas on 31.o3.2023. After deliberation, the Approval committee noted the performance of M/s LTIMindtree Ltd. for 1't year of 2"d Block period i.e., FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda Item No.12: Monitoring of performance for M/s' LTI Mindtree Ltd. (tOA -70) 554 u333512023 The performance of the unit for the FY 2OZ2'23 i.e 5th year of 1't Block period [i.e. FY 2018-19 to 2022'23) was placed before the Approval Committee for Monitoring purpose. 220.L7 Crores as against proiected export of Rs. 102.24 Crores for F\ 2022-23 in Sfr year of 1st Block period with a positive NFE of Rs. 459'52 Crores on cumulative basis with employment of 291 employees (Men- 185 & Women-106)as on 3r.03.2023. After deliberation, the Approval committee noted the performance of M/s LTlMindtree Ltd. for 5s year of 1't Block period i.e., FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda ltem No.13: Monitoring of performance for M/s. LTI Mindtree Ltd. (LOA -76) The performance of the unit for the FY 2022'23 i.e 4s year of 1st Block period (i,e. FY 2O19-2O to 2023-24) was placed before the Approval Committee for Monitoring purpose. 88.02 Crores as against proiected export of Rs. 91.93 Crores for F\ 2O22'23 in 4th File No.S-SEZ-MINS0QBXP/1 /2022-JDCP

File No.S.SEZ-MINS0QBXP/1 /20224DCP year of 1st Block period with a positive NFE of Rs. 207.74 Crores on cumulative basis with employment of 749 employees (Men- 533 & Women-215)as on 31.03.2023. After deliberation, the Approval committee noted the performance of M/s LTlMindtree Ltd. for 4m year of 1st Block period i.e., FY 2022-23 in terms of Rule 54 of SEZ Rules, 2006. Agenda ltem No,14: Merger ofLOAS of7 existing units ofM/s, LTI Mindh.ee Ltd. The proposal of the M/s. LTlMindtree Limited for Merger of LOAs of their 7 existing units located at Qubix Business Park Private Limited was placed before the Approval committee for consideration. After deliberation, Committee approved the proposal ofthe unit for merger of LOAs of all the 5 units with the LOA of Unit L of M/s. LTlMindtree Limited, bearing Letter of Approval No. SEZIPUNE/LOD/ zOfO- LL/7O42 dL Z4.OA.ZOLO Post-merger, the revised proiection, under Rule 19(2) of SEZ Rules, 2006 as detailed below: Approved Revision in Proiections after merger: Consequent to merger of LOAs, the block period of Unit-L i.e, F.y.2OZ7-22 to F,Y,2025-26 will be considered for the purpose of calculation of Net Foreign Exchange, in terms of Rule 19[2) of SEZ Rule 2006. Meeting ended with a vote of thanks to the Chair. L/ 2' (Raiesh r Mishra, IRS) 555 u3335t2023 Sr.No Particulars 202L-22 (Actual) 2022-23 (Actual) 2023- z4 2024-25 2025-26 Total FOB Value of exports 1-642.54 2072.39 21L3 22tA.65 23?9.59 7 931.4L 2 Foreign outgo Exchange o.7 5 1.8 5 211.3 221.A6 232.9 6 667.59 3 Net Exchange Foreign 164L.79 2070.54 t90L.7 7996.79 2096.63 7263.A2 Investment in Plant & Machinery/Capital Good Indigenous tt7,t6 ll lmported 139.O7 Total 250,23 4 Value of Services i Indigenous 147.96 ll. Imported 771.66 Total 919.62 5 Employment(Men-4849, Women-23 19) 7t6A 6 Area (Built up area ) Sq. Ft. remain same 362296.14 Chairman-cum- Development Commissioner 1. 1. l.