Minutes of Approval Committee meeting for Pune-Cluster held on 19 Oct. 2023 — 08-minutes-the-manjri-stud-farm

File No.S-SEZ-MINS0TMSF/1 /2022*JDCP Members pr€sent Special Invitee Ageoda Itcm No. 0l: Contrr:mation of the Minutcs of the 95e Meeting held on 25.07-2023 After detiberation, the Committee confirmed the minutes of the 95th Approval Committee meeting held on 25.07.2023. Agsuda Item No.02: Monitoring of Performance in r/o M/s I(onecranes aIld DemaS Pt/t Ltd. The performance of the unit for the FY 2018-19 to FY 2022-23 was placed before the Committee for Monitoring purpose. The Committee observed that the Unit has achieved export revenue of Rs. 80.20 Crores against tJ.e projected export of Rs 115.22 Crores and achieved positive cumulative NFE of 80.19 Crores which is 99.98 % in Last year of the lst block period i.e. FY 2022-23. The unit has achieved emploJrment of 125 employees (Men-96, women- 33) in the Sft year of the lst block period. Minutes of the 96fr Approval Committee meeting held under the Chairmanship of Zonal Development Commissioner SEEIZ-SEZ, Mumbai for Sector Specific Special Economic Tnne for IT/ITES of M/s. The Manjri Stud Farm-SEZ, Pune held on 79.70.2023. 1 ftame of the SEZ E/s. fhe Manjri Stud Farm kt. Ltd.-SEZ

• [ectoi TTflTES 3 pieting No. F"* 4 Fr* lre.ro.zozs Sr Name and Designation ts/shri.) fena'u"e" t 1 Smt. Mital Hiremath Joint Development Commissioner r ne Cluster SEZ, Pune 2 Dr. Sandeep Sathe, DCIT-Circle 4, h:ne h,Iominee of Income Tax, Pune I Shri. Krishna Das Nair, rrDo t ominee of DGFT, Pune 4 Smt. Malathi Nair Superintendent t ominee of Customs, h:ne Sr Name and Designation pepartment 1 Shri Satbir Sharma Specified Oficer fl" rn. Manjri Stud Farm Rrt. Ltd.-SEz

File No.S-SEZ-MINSOTMSF/I/2022JDCP Nevertheless,theApprovalcommitteehastakenintoconsiderationthe facts regarding the less Exports in the last block of 5 years as compared to the projecte-d figu-res (i.e., during FY 2018-19 to 2-022-231 which was mainly .ttat,_rt.bt" to the reasons on a/c of covid- 19 pandemic situations beyond their control due to which there was a Business slowdown that impacted their core business Engineering and desigl sewices across the Globe' TheUnitRepresentativehasassuredthattheunitwillfilebalanceDSPF for FY 2O2l-22 and FY 2022-23 by next month. After deliberation, the Approval committee noted the performance of M/s Korrecrznes a.rld Demag I/t Ltd for 5th year i.e., FY 2022-23 of lst Block period of 5 years (i.e. 2018-19 6 CO22-231in terms of Rule 54 ofSEZ Rules, 2006 Agenda Item No.03: Monitoring of Performance in r/o M/s TAS lndia F/t Ltd' The performance of the unit for the FY 2017-18 to FY 2O2l-22 was placed before the Committee for Monitoring purpose. The Committee observed that the Unit has achieved export revenue of Rs. 34.16 Crores against the projected exPort of Rs 53.50 Crores and achieved positive cumulative NFE of 32.76 Crores which is 95.91 % in Last year of the 2td block period i.e., during the FY 2017-18 to FY 2027-22. The unit has achieved emploSrment of 21 employees (Men- 16, Women-O5) in the 5s year of the 2nd block period. After deliberation, the Approval committee noted the performance of M/s TAS lndia p,rt Ltd for FY 2017-18 to FY 2021-22 for the 2'd block period of 5 years in terms of Rule 54 of SEZ Rules, 2006. Meeting ended with a vote of thanks to the Chair. (Rajesh Kr:mar Mishra' IRS) Chairoan-cum- DeveloPment Commissioaer ffi">