Minutes of 136th meeting of Board of Approval for SEZ, held on 30th January, 2026

No. K-4301 6/l /2026-SEZ-Part( I ) Government of India Ministry of Commerce and lndustry Department of Commerce (SEZ Section) OFFICE MEN{ORANDIIM Vanijya Bharvan, Ne,'v Delhi Dated the 05th February, 2026

Subject: l36th Meeting of the Board of Approval on Special Economic Zones (SEZs) held on

30'h January, 2026 - Reg. Please find enclosed herewith Minutes of the l36th meeting of the Board of Approval for SEZs held on 30th January, 2026 for information and necessary action. 2. The Development Commissioners are requested to take urgent necessary action, on the directions of BoA. (Pratee Bajpai Under Secretary to the Government of India Tel:23039939 Email : prateekbajpai.moca@nic.in To l. Central Board of Excise and Customs, Member (Customs), Depaftment of Revenue, North Block, New Delhi. (Fax: 23092628. 2. Central Board of Direct Taxes, Member (lT), Department of Revenue, North Block, New Delhi. (Telefax: 23092 I 07). 3. Joint secretary. Ministry of Finance, Departmenr of Financial Services, Banking Division, Jeevan Deep Building. New Delhi (F ax 23344462123366797). 4. Joint Secretary. Depaftment of Promotion of lndustry and Inrernal rrade (Dpllr), Udyog Bhawan. Nerv Delhi. 5. Joint Secretary, Ministry of Shipping, Transport Bhawan, New Delhi. 6. Joint secretary (E), Ministry of Petroleum and Natural Gas, shastri Bhawan. New Delhi 7. Joint Secretary, Ministry of Agriculture. Plant protection, Krishi Bhawan, New Delhi. 8. Ministry of Science and Technology, Sc 'G' & Head (TDT), Technology Bhavan, Mehrauli Road, New Delhi. (Telefax: 26862512) 9. Jo.int Secretary, Deparrment of Biotechnology. Ministry of Science and rechnology, 7'" Floor. Block 2. CGO Complex, Lodhi Road, New Delhi - ll0 003. 10. 10.

li Road, New Delhi. (Telefax: 26862512) 9. Jo.int Secretary, Deparrment of Biotechnology. Ministry of Science and rechnology, 7'" Floor. Block 2. CGO Complex, Lodhi Road, New Delhi - ll0 003. 10. 10. Additional Secretary and Development Commissioner (Micro, Small and Medium Enterprises Scale Industry), Room No.70l, Nirman Bhavan, New Delhi (Fax: 230623 I 5). I l. Secretary, Department of Electronics & lnformation Technology, Electronics Niketan, 6, CGO Complex. New Delhi. (Fax:24363101) 2 24.

Joint Secretary (IS-l), Minisry of Home Affairs, North Block. New Delhi (Fax: 23092569) Joint Secretary (c&w), Ministry of Defence, Fax:23015444, South Block, New Delhi. Joint Secretary, Ministry of Env-ironment and Forests, pariyavaran Bhavan, cGo comprex, New Delhi - I t0003 (Fax: 24363577) Joint secretary & Legisrative Counser. Legisrative Department, M/o Law & Justice, A- Wing. Shastri Bhavan, Nerv Delhi. (Tel: 233g7095). Department of Legal Aff'airs (Shri Hemant Kumar, Assistant Legar Adviser), wo Law & Justice, New Delhi. Secretary, Department of chemicars & petrocrrem icals. Shastri Bhawan, New Delhi Joint. Secretary, Ministry of overseas Indian Affairs, Akbar Bhawan, chanakyapuri, New Delhi. (Fax: 24674140) chiel Planner. Depaftment of Urban Af'fairs, Town country pranning organisation, vikas Bhavan (E-BIock), LP. Estare, New Delhi. (Fax: 2307367g/ZlilO tOll Director General. Director Generar of Foreign Trade, Department of commerce, udyog Bhavan.

Town country pranning organisation, vikas Bhavan (E-BIock), LP. Estare, New Delhi. (Fax: 2307367g/ZlilO tOll Director General. Director Generar of Foreign Trade, Department of commerce, udyog Bhavan. New Delhi. Director General, Export promotion council for EoUsiSEZs, gG, gth Froor, Hansaraya Building, 15, Barakhamba Road, Nerv Delhi - I l0 001 (Fax: 223329770) Dr. Rupa chanda, Professor. Indian Institute of Management, Bangarore, Bennerghata Road. Bangalore, Karnataka Development Commissioner, Noida Special Economic Zone, Noida. Development Commissioner, Kandla Special Economic Zone, Gandhidham. Development Commissioner, Falta Special Economic Zone. Kolkata. Development Comrnissioner. SEEpZ Special Economic Zone. Mumbai. Development Commissioner, Madras Special Economic Zone, Chennai Development Commissioner, Visakhapatnam Special Economic Zone, Visakhapatnam Development Commissioner, Cochin Special Economic Zone, Cochin. Development Commissioner, Indore Special Economic Zone, Indore. Development Commissioner, Mundra Special Economic Zone, 4h Floor, C Wing, port Users Building, Mundra (Kutch) Cujarat. Development Commissioner. Dahe_i Special Economic Zone. l-adia chambers. Ashram Road, Ahmedabad, Cujarat Development Commissioner. Navi Murnbai Special Economic Zone. SEEpZ Service Center, Central Road, Andheri (East), Mumbai - 400 096 Development Commissioner, Sterring Speciar Economic Zone, Sandesara Estate, Atradra Padra Road, Vadodara - 390012 "',,:::l"o1..rl Commissio.ner. Andhra Pradesh Special Econom ic Zone, Udyog Bhawan, v- I'loor. St puraln.

ner, Sterring Speciar Economic Zone, Sandesara Estate, Atradra Padra Road, Vadodara - 390012 "',,:::l"o1..rl Commissio.ner. Andhra Pradesh Special Econom ic Zone, Udyog Bhawan, v- I'loor. St puraln. Visakhapatnam l 13. 14. t5 16. 20. ll. 23. 25. 26. 27. 28. 29. 30. 3t. 32. ,,) )+. 35 22 36. Development Gujarat Commissioner, Reliance .lamnagar Special Econom ic Zone, Jamnagar, 37. 38. 39. 40. 41. Development Commissioner, Surat Special Economic Zone. Surat, Gujarat Development Commissioner, Mihan Special Economic Zone, Nagpur,-Maharashtra Development Commissioner, Sricity Special Economic Zone, Andhra pradesh. Development Commissioner, Mangalore Special Economic Zone, Mangalore. Government of Andhra Pradesh. principar Secretary and crp, Indusiies and Commerce Department, A.P. Secretariat, Hyderabad - 500022. (b ax:040-23451895). Go.vemment of relangana' Speciar Chief Secretary, industries and commerce Department, Telangana Secretariat Khairatabad, Hyderabad. Teiangana. u -11 17. 18. 19.

erabad - 500022. (b ax:040-23451895). Go.vemment of relangana' Speciar Chief Secretary, industries and commerce Department, Telangana Secretariat Khairatabad, Hyderabad. Teiangana. u -11 17. 18. 19.

43. Government of Karnataka, Principal Secretary. Commerce and Industry Department, Vikas Saudha, Bangalore 560001. (Fax: 0tlG222-591.|7(t)
44. Government of Maharashtra, Principal Secretary (lndustries), Energy and Labour Department, Mumbai - 400 032.
45. Government of Gujarat, Principal Secretary, lndustries and Mines Department Sardar Patel Bhawan, Block No. 5, 3rd Floor, Gandhinagar 382010 (Fax: 079-21250844).
46. Covernment of West Bengal, Principal Secretary, (Commerce and Industry), IP Branch 14th Floor;, SEZ Section, 4, Abanindranath Tagore Sarani (Camac Street) Kolkata - 700 0t6
47. Government of Tamil Nadu, Principal Secretary (lndustries), Fort St. George, Chennai 600009 (Fax: 044-25 -170822).
48. Government of Kerala, Principal Secretary (lndustries), Government Secretariat, Trivandrum 695001 (Fax: 0.171-23:1301 7).
49. 49. Covernment of Haryana, Financial Commissioner and Principal Secretary), Department of lndustries, Haryana Civil Secretariat, Chandigarh (Fax: {\172-27405)6).
50. 50. Government of Rajasthan, Principal Secretary (lndustries). Secretariat Campus, Bhagwan Das Road, Jaipur -102005 (011 I -2117788).
51. 51. Govemment of Uttar Pradesh, Principal Secretary, (lndustries), Lal Bahadur Shastri Bhawan. Lucknow - 226001 (Fax: 0522-22-18255).

s, Bhagwan Das Road, Jaipur -102005 (011 I -2117788). 51. 51. Govemment of Uttar Pradesh, Principal Secretary, (lndustries), Lal Bahadur Shastri Bhawan. Lucknow - 226001 (Fax: 0522-22-18255). 52. 52. Government of Punjab, Principal Secretary Department of Industry & Commerce Udyog Bhawan), Sector - I 7, Chandigarh- I 6001 7. 53. 53. Government of Puducherry, Secretary. Department of Industries. Chiel Secretariat, Puducherry. 54. 54. Covernment of Odisha, Principal Secretary (lndustries), Odisha Secretariat, Bhubaneshwar - 75 I 001 (Fax: 0671-536819/2406299). 55. 55. Government of Madhya Pradesh, Chief Secretary, (Commerce and Industry). Vallabh Bhavan, Bhopal (Fax: U755-15 5(),)71) 56. 56. Govemment of Uttarakhand, Principal Secretary, (lndustries), No. 4, Subhash Road, Secretariat, Dehradun, Uttarakhand 57. 57. Govemment of Jharklrand (Secretary). Department of lndustries Nepal House, Doranda, Ranchi - 834002. 58. 58. Union Territory of Daman and Diu and Dadra Nagar Haveli, Secretary (lndustries), Department of Industries. Secretariat. Moti Daman - 396220 (Fax: 026{)-2230775). 59. 59. Government of Nagaland, Principal Secretary, Department of Industries and Commerce), Kohima, Nagaland. 60. 60. Government of Chattishgarh, Commissioner-cum-Secretary Industries, Directorate of Industries, LIC Building Campus,2nd FIoor, Pandri, Raipur, Chhattisgarh. Copy to:- PSO to CS / PPS to AS(AB) / PS to JS (VA)/ Sr.pps to Dir (Cp)

Commissioner-cum-Secretary Industries, Directorate of Industries, LIC Building Campus,2nd FIoor, Pandri, Raipur, Chhattisgarh. Copy to:- PSO to CS / PPS to AS(AB) / PS to JS (VA)/ Sr.pps to Dir (Cp)

meelinq ol the Board of Approval lor Special Economic Zones (SEZs) to be held on 30!b January, 2026 The One Hundred and Thirty-Sixth (136th) meeting of the Board of Approval(BoA) for Special Economic Zones(SEZs) was held on 3dh January,2026, through hybrid mode. The list of participants is at Annexure-|. The item-wise decisions taken by the Board are as below- Agenda ltem No. 136.1: Ratilicalion ot the minutes ot the 13dh meeting of the Board of Approval ,or Special Economic Zones (SEZs) held on 30th December,2025. The Board ratified the minutes of the 13dh meeting of the BoA for SEZs held on 30th December, 2025. Agenda ltem No. 136.2: Request lor extension ot LoA of SEZ Unit[2 proposals- 136.2(t)- 136.2(ii)] 136.2(i) Request of lliUs. Groww IFSC Private Limited, Unit in GIFT Multi Services SEZ Gandhinagar for the Extension of the Letter of Approval (LOA) for further period of one year uplo2111.2026. Administrator. IFSCA informed the Board that the LOA of unit was initially issued on 22.11.2022 to conduct Authorised Operations as a capital market intermediary under the IFSCA Capilal Market lntermediary Regulations, 2021. The unit has has not yet started operations. The Unit was granted lirst extension uglo 2111112024 and then second exlension upto 2111112025.

r the IFSCA Capilal Market lntermediary Regulations, 2021. The unit has has not yet started operations. The Unit was granted lirst extension uglo 2111112024 and then second exlension upto 2111112025. During the period since the last extension of the LoA, it was submitted by Administrator(IFSCA) that the company has continued to make steady progress towards operational readiness in line with proposed commencement of operations. lt was also submitted that on operational front, the company has initiated the process for trading membership with NSE lnternational Exchange. The Company has also undertaken preparatory work such as evaluation of potential international broker partnerships and strengthening internal compliance and operational teams. lt was informed that the delay in commencement of operation resulted from procedural issues. However, investment has been made and unit has occupied space and paying rent regularly. Administrator, IFSCA recommended the proposal and also inlormed that fee for late submission of quarterly report which was pending has now been recovered and no SEZ compliance is pending. y--

larly. Administrator, IFSCA recommended the proposal and also inlormed that fee for late submission of quarterly report which was pending has now been recovered and no SEZ compliance is pending. y--

Further, Administrator. IFSCA also highlighted the criteria (or) guiding principles to decide whether a unit has completed two{hirds of activities is not available in SEZ Act (or) Rules and more particularly for Units providing services ln this case, Administrator is nol in a position lo decide whelher tuvo-thirds ol activities have been completed by the unit for commencement of operations. Hence, the present case may be dealt with as per the 3rd proviso to Rule 19(4) of the SEZ Rules, 2006. Accordingly, afler consideration of the reasons for delay, investmenl made and recommendation of Administrator IFSCA, the Board being satisfied that it is necessary and expedient in pursuance lo third proviso to Rule 19(4) of SEZ Rules, 2006, granted extension of validity of LoA lor a further period of one year, je., upto 21.11.2026. Further, the Board advised all DCs to keep watch on lhe space blocked due to non-commencement of operation which may encourage monopolislic practices and may harm the competing interesl of other units. 136.2(ii) Request ol Ms. Hishimo pharmaceuticals private Limited in the Mahindra world city (Jaipur) Ltd. Mutti-product sEz at Jaipur(Ralasthan) for extension oI LOA for a period of one year i.e.30.07.2026 (.
The DC, NSEZ informed the Board that the Letter of Approval(LoA) was issued to M,us. Hishimo Pharmaceuticals Private Limited, on 04.12.2020.

tension oI LOA for a period of one year i.e.30.07.2026 (.
The DC, NSEZ informed the Board that the Letter of Approval(LoA) was issued to M,us. Hishimo Pharmaceuticals Private Limited, on 04.12.2020. The Board of Approval in its meeting held on 31 .07.2024 had regularized lhe LoA lor earlier period and granted extension of validily ot LoA for further period of one year i.e. upto 30.07.2025. Further, Dc, NSEZ informed that more lhan 7ot" of the infrastructure work has been completed. The Unit has submitted a certificate from chartered Engineer certifying that the unit has compleled 70% o'f the total project lt was submitted by DC that the delay in commencement oJ operation occurred mainly due to delay in construction by the builder in tinalizing the vendor. The Board was also informed that the progress of the infrastructure work has also been inspected by the ADC, JSEZ, sitapura, Jaipur and submitted site inspection report dated 23.12.2025 as per which around 70% of the construction work has been completed ln terms of the observation regarding the submission of application by the unitafter the expiry of LoA and appticabitity of Rute of tq5) of SEZ Rutes,2006, DC, NSEZ clarified that the unit had initially submitted their application for extension on 21 .07.2025 however due to deficiencies rn the application. the unit was requested to rectify, hence the presenlation of the case to BoA was delayed.

lly submitted their application for extension on 21 .07.2025 however due to deficiencies rn the application. the unit was requested to rectify, hence the presenlation of the case to BoA was delayed.

Accordingly, afler consideration of the reasons for delay, investment made by the Unit and recommendation of DC, NSEZ, the Board being satisf ied that it is necessary and expedient in pursuance to third proviso to Rule 19(4) of SEZ Rules, 2006, oranted extension of validity of LoA lor a further period of one year,,ie., upto 30.07.2026. Further, the Board directed all DCs to mandatorily review expiry of LoA of Units on periodic basis and ensure that there are no cases of request of extension after expiry ol valldity of LoA. The Board also opined thal all DCs should properly marntain the record of LoAs withing their jurisdiction and review which units,zSEZs have expiry in next 6 months and pursue to submit their renewal request prior to 3 months of validity the LoA and complete procedure in due time to maintain hygiene and to avoid dormancy. Agenda ltem No. 136.3: Request for extension of Formal approval of SEZ[2 proposal -136.3(i) -136.3 (ii)l 136.3(i) Proposal ol M,zs. lnfosys Limited for extension in the validity period ol formal approval granted for setting up ol ITZITES SEZ at ptot No A-01 to A-06, Sector-8s, Noida(U.P.) lor further period of six months upto 't 4.10.2026- Reg. The DC, NSEZ informed the Board that the Letler of Approval(LoA) was issued lo M,/s. lntosys Limited, on 15.04.2015. The Developer has been granted extension by BoA upto 14.04.2026.

t 4.10.2026- Reg. The DC, NSEZ informed the Board that the Letler of Approval(LoA) was issued lo M,/s. lntosys Limited, on 15.04.2015. The Developer has been granted extension by BoA upto 14.04.2026. The physical development ot the building is almost complete and the lT hardware set-up is planned to be finalized in February 2026 Despite the progress in construction and lT setup, Developer anlicipate that there will be delay in obtaining all necessary statutory approvals required for the commencement of operations and this delay might affect the planned operationalization of the SEZ Unit by April 2026, hence extension of the validiiy of lhe formal approval for further period of 6 months beyond 14.04.2026 have been sought. Accordingly, the Board being satislied with the written explanatior/justification submitted by Developer and recommendation by DC, Noida SEZ, in pursuance to proviso to Rule 6(2)(a) of SEZ Rules. 2006, granted extension oi validily of the Formal Approval for a lurther period ol six months, i.e., up to 14.10.2026. 136.3(ii) Request ot M/s Tripura lndustrial Development Corporation Ltd. for lurther extension of the validity period of the formal approval granted for setting up mulli- seclor SEZ at Paschim Jalefa, Sabroom, South Tripura for 2 Y-'

dustrial Development Corporation Ltd. for lurther extension of the validity period of the formal approval granted for setting up mulli- seclor SEZ at Paschim Jalefa, Sabroom, South Tripura for 2 Y-'

years beyond 29.10.2025 -regarding The DC, FSEZ informed the Board that the Letter of Approval(LoA) was issued to Mis Tripura lndustrial Development Corporation Ltd. (TIDCL), on 09.'12.2019. The Developer has been granted extension by the Board upto 29.10.2025. Further, DC, FSEZ informed that the reason for delay in commencement of operation is due to failed attempt of engagement of Co-Developer for implementation of the Special Economic Zone project. The engagement of Co-Developer could not fructify due to non-compliance of the lerms and conditions of the tender and the Co-developer arrangement was cancelled by TIDCL in May, 2024. Now, TIDCL is considering implementing the project from its own resources and under schemes of the Central Government. Accordingly, the Board being satisfied with the written explanation,/.iustification submitted by Developer and recommendation by DC, Falta SEZ, in pursuance lo proviso to Rule 6(2)(a) of SEZ Rules, 2006,granted extension of validity ot the Formal Approval for a further period of one year. i.e.. up to 29.10.2026. Agenda ltem No. 136.4: Request for CoDeveloper status [3 proposals - 136.4(i) - 136.4(iii)] 135.4(i) Request ol lWs. Suma Shilp lnfraspaces Privale Limited, Ahmedabad lor approval as Co-Developer within processing Area in GIFT-Multi Services SEZ at Ratanpur, District Gandhinagar, Gujarat, developed by Mls.

ol lWs. Suma Shilp lnfraspaces Privale Limited, Ahmedabad lor approval as Co-Developer within processing Area in GIFT-Multi Services SEZ at Ratanpur, District Gandhinagar, Gujarat, developed by Mls. GIFT City Company Limited(formerly l\lUs. GIFT SEZ Limited) - regarding. The Board observed that [I/s. Suma Shilp lnfraspaces Private Limited has entered into agreement with the Developer on 27.05.2025, which is a condition required to be fulfilled under the Section 3(1 1) ol SEZ Act, 2005 and DC has also recommended the proposal. ThereJore, the Board, afler deliberations, approved the proposal oflr#s. Suma Shilp Infraspaces Private Limited for Co-developer status in lhe lr/s. GIFT City Company Limited (formerly M,/s. GIFT SEZ Limiled) at Ratanpur, District Gandhinagar, Gujaral for Development. construction, maintenance and operation The Board further enquired DC, FSEZ, about the business prospects of the region where SEZ being located and their envisioned exports products to the olher countries. ln this connection. DC informed that the SEZ will focus on handloom, handicraft and stone related industries. V

where SEZ being located and their envisioned exports products to the olher countries. ln this connection. DC informed that the SEZ will focus on handloom, handicraft and stone related industries. V

of a commercial building on Plot No. 24-B in Block-24 admeasurlng 5850 square meters (basement exlent) in the processing area o, GIFT-SEZ., in accordance with the Co-developer Agreemenl daled 27.05.2025. entered inlo with the Developer (M,ts. GIFT City Company Limited) subject to standard terms and conditions as per the SEZ Act and Rules. Furlher, the Assessing Officer will have the right to examine the taxability of the income by way of lease rentals,zdown payment,/premium. etc. for the purpose of assessment under the prevalent lncome-tax Act, 1961 and lncome-tax Rules, 1962 as amended from lime lo time The lease period shall be in accordance wrth DoC's lnstruction No 98 dated 29th August,2019. 136.4(ii) Request ol l\lUs Crownstone Constructions Private Limited, Bangalore for Co-Developer stalus in Hubballi Durable Goods Cluster private Limited SEZ, Dharward District, Karnataka - Reg. The Board observed that M/s Crownstone Constructions Private Limited has entered into agreement with the Developer on 09.10.2025, which is a condition required to be fulfilled under the Section 3(1 1) of SEZ Act, 2005 and DC has also recommended the proposal. Therefore, the Board, after deliberations, aporoved the proposal of Mls Crownstone Construclions Private Limited for Co-developer status in the SEZ developed by M/s.

as also recommended the proposal. Therefore, the Board, after deliberations, aporoved the proposal of Mls Crownstone Construclions Private Limited for Co-developer status in the SEZ developed by M/s. Hubballi Durable Goods Cluster Private Limited, ltigatti Village, Dharward District, Kamataka lor providing services relating to engineering, design. execution and the operation and maintenance of facilities and infrastructure developed within the entire notified SEZ area of 1 I .549 Ha, in accordance with the Co-developer Agreement dated 09.10.2025, entered into with the Developer (Mis. Hubballi Durable Goods Cluster private Limited) subject to standard lerms and conditions as per the SEZ Act and Rules Further. lhe Assessing Olficer will have the right to examine the taxability of the income by way of lease rentals,zdown payment/premium, etc. for the purpose of assessment under the prevalent lncome-tax Act. 1961 and lncome-tax Rules, 1962 as amended from time lo time. The lease period shall be in accordance with DoC's lnstruction No. 98 dated 29th August, 2019. 136.4(iii) Bequest ol ll/Vs Solar Defence and Aerospace Limited, as Co-Developer status in MIHAN SEZ, Mihan, Nagpur- Reg. The Board observed that M/s Solar Defence and Aerospace Limited has enlered into agreement with the Developer on 10.12.2025. which is a condition required to be fullilled under the Section 3(1 1) of SEZ Act, 2005 and DC has also recommended the proposal. u

mited has enlered into agreement with the Developer on 10.12.2025. which is a condition required to be fullilled under the Section 3(1 1) of SEZ Act, 2005 and DC has also recommended the proposal. u

The Board. after deliberations, and considering the submissions made by DC, MIHAN, approved the proposal of M/s Solar Defence and Aerospace Limited for Co-developer status in the lr&s. MIHAN SEZ, Mihan, Nagpur for Construction of Building for SEZ Units for Defence, lT./ITES. Manufacturing, Service Units or any other SEZ Unit with Associated lnlrastructure and undertaking other delault authorized operations as per MOCI lnstruction No. 50 dated 15.03.2010 over in area 9,04,972.347 Sq.Mlr. (223.623 Acres), in accordance with the Co-developer Agreement dated 1 0.12.2025, entered rnto with the Developer (M,/s. MIHAN SEZ, Nagpur) subject to standard terms and conditions as per the SEZ Act and Rules. Further, the Assessing Officer will have the right to examine the laxability of the income by way of lease rentals,zdown payment,/premium, etc. for lhe purpose of assessment under the prevalenl lncome-tax Act. 1961 and lncome-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's lnstruction No 98 dated 29th August, 2019. Agenda ltem No. 136.5: 136.5(i) Proposal ol Ws.

and lncome-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's lnstruction No 98 dated 29th August, 2019. Agenda ltem No. 136.5: 136.5(i) Proposal ol Ws. Kerala lndustrial lnrrastructure Development Corporation (KINFRA), Developer for parlial donotilicalion ot 0.809 Ha out ol 8.098 Ha ot IT/ITES SEZ at Ayiroopara & Kazhakootam Village, Thiruvananthapuram District, Kerala. The Board was informed about the reasons for instant partial denotification proposal is to convert 0.809 Hectares from SEZ inlo Domestic Tariff Area in order to facilitate the construction of an lT building for norrSEZ units. Additionally, due to recent changes in SEZ regulations, new SEZ units are no longer eligible foi income tax benefits. DC, CSEZ submitted that site inspection has been carried out along with State Mandal Revenue officer/Tahsildar and Village officer. lt has been found that area proposed to be de-notified is vacant and all conditions required under SEZ Acy Rules are fully met for the said denotificatron. The area remaining after the proposed partial denotification is contiguous meeting all the requirements of built-up area in terms of sEZ Act and Rules and without any public thoroughfare. Further. DC certilies that Developer has not availed of any Tax/Duty benefils under the sEZ AclRules, in respect ol the land being denotified and State Govt.

ules and without any public thoroughfare. Further. DC certilies that Developer has not availed of any Tax/Duty benefils under the sEZ AclRules, in respect ol the land being denotified and State Govt. has provided ils'No Objection'. The Board, being salisfied, in pursuance to first proviso to Rule B of SEZ Rules, 2006 approved the partial de-notification of 0.809 Ha out of B09B Ha of Ms. Kerala lndusirial lnfrastructure Development Corporation (KINFRA), IT/ITES SEZ at Ayiroopara & Kazhakootam Village. Thiruvananthapuram Dislrict, Kerala q Request for full,/partial de-notilication of SEZ[4 proposals 136.5(i) 136.5(iv)l

136.5(ii) Proposal ol M/s. RGA lnfrastructure, Developer for partial de-notification of 1.18 Ha out ol 277 Ha ot IT/ITES SEZ at Sy. No. 31/1 Chikkankannelli Village, Varthur Hobli, Bangalore East Taluk, Bangalore, Karnataka. The Board was informed the reasons for instant partial denotification proposal is to convert 1 .18 Hectares from SEZ into DTA due no new clients turning up for leasing the constructed SEZ area, as direct tax benefits by the units in SEZ has ceased lo exist, further, majority of unils in SEZ are preferring to avail the benefit of permitting employees lo work from any location resulting in reduced space requirement. Site inspection has been carried out by DC, CSEZ along with state Revenue Authorities.

g to avail the benefit of permitting employees lo work from any location resulting in reduced space requirement. Site inspection has been carried out by DC, CSEZ along with state Revenue Authorities. lt has been found that area proposed to be denotif ied has a building (Block 4) with an built-up area of 62,531.74 sqmtr and all conditions required under SEZ Act/ Rules are fully met for the said denotification. The area remaining after the proposed partial denotification is contiguous meeting all the requirements of built-up area in terms of SEZ Act and Flules and without any public thoroughfare. Further, DC certifies that there are no units in the SEZ area proposed for de-notification and the Developer has returned all TaxzDuty benefits availed under the SEZ Act,/Rules. in r/o ol the land being denotified to DC satisfaction and State Govt. has provided its'No Objection'. DC informed the Board lhat the reason for instant partial denotification proposal is to convert 0.2760 Ha from SEZ into DTA in order to cater to needs of adjacent proposed lT Park in their earlier de-notified land for under-construction Towers A & B ol Black Canyon (81) Building Project('Tl & 2 Sub-projects"); and the land appu rtenant thereto (admeasuring 4.47 23 h ectares) It was submilted to the Board that the site inspection has been carried out by DDC, ADC, NSEZ along with stale Revenue Officer, Patwari and representative of the Developer. lt has been iound that area proposed to be denotified is vacant.

site inspection has been carried out by DDC, ADC, NSEZ along with stale Revenue Officer, Patwari and representative of the Developer. lt has been iound that area proposed to be denotified is vacant. Further lhe contiguity and operatron of SEZ would not be hampered due to the instant partial de-notif ication. However, the Developer was requested 1o fulfill certain condition for which Developer vide its letter dated 12101/2026 has submitted a declaration cum undertaking and has agreed, confirmed, declared and undertaken to comply with the observations made in the site inspection report. The area remaining after the proposed partial denotification is contiguous meeting all the requirements of built-up area in terms of SEZ Act and Rules Further, DC The Board, being satisfied. in pursuance to first proviso to Rule 8 of SEZ Rules, 2006 approved the partial de-notitication of 1.18 Ha oul al 277 Ha of M/s. BGA lnfrastructure, of IT/ITES SEZ at Sy. No. 31/1 Chikkankannelli Village, Varthur Hobli, Bangalore East Taluk. Bangalore. Karnataka. 136.5(iii) Proposal of Iils ASF insignia SEZ Pvt Limited, Developer lor partial de-nolitication ol 0.2760 hectares from the notified 14.8305 hectares of its IT/ITES SEZ at village Gwal pahari, Gurugram Haryana

Proposal of Iils ASF insignia SEZ Pvt Limited, Developer lor partial de-nolitication ol 0.2760 hectares from the notified 14.8305 hectares of its IT/ITES SEZ at village Gwal pahari, Gurugram Haryana

certiiied that there are no units in the SEZarea proposed for de-notif ication and the Developer has returned all Tax ZDuty benefits availed under the SEZ AcURules, in r/o ol the land being denotified to DC satisfaction. State Govt. has provided its 'No Objection'. The Board, being satistied, in pursuance to first proviso to Rule 8 of SEZ Rules, 2006approved the partial de-notification ot 0.2760 Ha out of 148305 Ha of Ms ASF insignia SEZ Pvt Limited, of IT/ITES SEZ at village Gwal pahari, Gurugram Haryana. 136.5(iv) Request of Ms. Cognizant Technology Solutions lndia private Limited, Developer for Full denotification of i6.19 Ha. ol tT/tTES SEZ at Sy. No. 255, Adibatla Village, lbrahimpatnam Mandat, Ranga Reddy District, Telangana -reg. DC, VSEZ informed the Board that M,/s. Cognizant Technology Services privale Limited was issued Letter of Approval on 07.01.2008thereafter il was extended multiple times till 06.01.2015. The Developer had executed Bond cum Legal Undertaking for Rs. 12 Crs., on 22.11.201 1 and constructed only perimeter compound wall and no further construction was done.

ultiple times till 06.01.2015. The Developer had executed Bond cum Legal Undertaking for Rs. 12 Crs., on 22.11.201 1 and constructed only perimeter compound wall and no further construction was done. The Board was informed the reasons for instanl full de-notification is that the lr/lres business requires very closer proximity to employees to meet the business deliverables at 24f basis. Considering the distance of the location from lhe Hyderabad City, the Developer might see attrition in the employment and not able to meet up business growth The Board was informed that there are no units in the sEZ Further, the Developer has relundedall Tax,/Duty benefits availed under the SEZ AcVRules, in r,/o of the land being de-notified 1o DC satisfaction and stale Government of relangana has recommended the proposal of de-notification. The Board, being satisfied, in pursuance to first proviso to Rule B of SEZ Rules, 2006approved the Full de-notification of 16.19 Ha of Ms. Cognizant Technology solutions lndia Private Limited, of trllrES sEZ at sy. No. 255, Adibatla villagl, lbrahimpatnam Mandal, Ranga Reddy District, Telangana. Agenda ltem No. 136.6; Request for conversion of Processing Area into Norprocessing Area under Rule 11(B) [3 proposals - 136.6(i)-136.6(iii)] 136.6(i) Survey No. Request of Phoenix lnfocity Private Limited, Developer at 30(P),34(P),35(P)&38(P), Gachibowti viilage, Seritingampaily u

Area under Rule 11(B) [3 proposals - 136.6(i)-136.6(iii)] 136.6(i) Survey No. Request of Phoenix lnfocity Private Limited, Developer at 30(P),34(P),35(P)&38(P), Gachibowti viilage, Seritingampaily u

Mandal, Hyderabad, for demarcation of SEZ Processing Builtup area (20,491.54sq.mtr.) as Non-Processing Area in terms of Bule 1'l B oI SEZ Rules, 2006 -reg DC, VSEZ submitted that out ot the total BUA of 5,79,417.36 sqmts, an area of 20,491 .54 sq. mtrs has been proposed to be demarcated under Rule 118. lt was submitted that the Developer has been able to recently secure client(s) interested in non-sEZ space within the building/sEZ area and hence the Developer has now approached the BoA lo convert SEZ processing area into SEZ non-processing area upon demarcation. The DC further submitted that requisite documents have been submitted by the Developer. lt was also confirmed by DC that total duty benefits and tax exemption availed on the BUA proposed to be demarcated as NpA have been paid back and No Dues Certilicate have been issued by the Specif ied Off icer. The Board, atter deliberations, permitted the demarcation of the following area as Non Processing Area in terms of Rule I1B of SEZ Rules, 2006; - Tower No. Floor no Area in Sq. Mtr Tower H09 2 attice floors (level 7& B) 13,886.33 Sq. mts Tower H09 1 Parking floor (Stilt3) 6.605.21 Sq. rnts TOTAL 20.491 .54 Sq. Mtrs 136.6(ii) Request of Mis Phoenix Tech Zone private Limite4 Developer at Survey No.

floors (level 7& B) 13,886.33 Sq. mts Tower H09 1 Parking floor (Stilt3) 6.605.21 Sq. rnts TOTAL 20.491 .54 Sq. Mtrs 136.6(ii) Request of Mis Phoenix Tech Zone private Limite4 Developer at Survey No. 203iP, Manikonda Jagir Village, Rajendranagar Mandal, Ranga Heddy District, lor demarcation of SEZ processing Builtup area (25,40g.43 sq.mtr.) as Non-Processing Area in terms ol Rule 11 B of SEZ Rules,2006

• reg ln addition to above, the Board stated that the responsibility to ensure that all the extant provisions relating to demarcation of processing area to non-processing area are implemented in letler and spirit, lies with the concerned DC. Further, the DC concerned shall also ensure that all the applicable duty benefits have been calculated in loto and the same has been f ully repaid. DC, VSEZ submitted that out of the total BUA of 2,53.g25.95 sqmts, an area ot 25 '408,43 sq. mtrs has been proposed to be demarcated under Rule I1B. lt was submitted that the Developer has been able to recenily secure client(s) interested in non-sEZ space wilhin the building/sEZ area and hence the Developer has now approached the BoA to convert sEZ processing area into sEZ non-processing area upon demarcation. S, _.,-

./-.

terested in non-sEZ space wilhin the building/sEZ area and hence the Developer has now approached the BoA to convert sEZ processing area into sEZ non-processing area upon demarcation. S, _.,-

./-.

The DC lurther submitted that requisite documents have been submitted by the Developer. lt was also confirmed by DC that total duty benefits and tax exemplion availed on the BUA proposed to be demarcated as NPA have been pald back and No Dues Certif icate have been issued by the Specif ied Officer. The Board, after deliberations, permitted the demarcation of lhe following area as Non Processing Area in terms of Rule 1 1B of SEZ Rules, 2006: - Tower Floor no Area in Sq. Mtr Centaurus Building l3thFloor (Off ice Floor) e,03e.64 s-. Mtrs Centaurus Building Parking Area at Basement-3 16.368.79 Sq.Mtis TOTAL 25.408.43 sq.mtr 136.6(iii) Request ot [lvs. DLF tnlo City Chennai Limited, Devetoper, 1/124, Shivaji Gardens, Manapakkam, Mount poonamallee Hoad, Ramapuram, Chennai, for demarcation ol SEZ processing Built-up area (18,941.36 sq.mtr.) as Non-Processing Area in terms of Rule.ll B of SEZ Hules, 2006 -reg DC, MEPZ submitted that out of the total BUA of 9,02.107.39 sqmts, an area of 18,941.36 sq. mlrs has been proposed to be demarcated under Rule 1.18.

Area in terms of Rule.ll B of SEZ Hules, 2006 -reg DC, MEPZ submitted that out of the total BUA of 9,02.107.39 sqmts, an area of 18,941.36 sq. mlrs has been proposed to be demarcated under Rule 1.18. lt was submitted that the Developer has been able to recently secure client(s) interested in non-sEZ space within the buildinglsEZ area and hence the Developer has now approached lhe BoA to convert SEZ processing area into SEZ non-processing area upon demarcation. The DC further submitted that requisile documents have been submitted by the Developer. lt was also confirmed by DC that total duty benefits and tax exemption availed on the BUA proposed to be demarcated as NpA have been paid back and No Dues Certificate have been issued by the Specified Officer. The Board, after deliberations. permitted the demarcation of the following area as Non Processing Area in terms of Rule 1i B of SEZ Rules. 2006: - Block No Floor Area in Sq. Mtr 1B Bth 2889.93 4 GF 1,494.11 4 1823.59
lst ln addition to above, the Board stated that the responsibiliiy to ensure that all the extant provisions relating lo demarcation of processing area to non-processing area are implemented in lelter and spiril, lies with the concerned DC. Further, the DC concerned shall also ensure that all the applicable duty benefits have been calculated in toto and the same has been fully repaid.

d in lelter and spiril, lies with the concerned DC. Further, the DC concerned shall also ensure that all the applicable duty benefits have been calculated in toto and the same has been fully repaid.

4 ^nd 2143.83 ln addition to above, the Board stated that the responsibility to ensure that all the extant provisions relating lo demarcation of processing area to non-processing area are implemented in letter and spirit, lies with the concerned DC. Further, the DC concerned shall also ensure that all the applicable duly benefits have been calculated in toto and the same has been fully repaid. Agenda ltem No. 136.7: Request lor Cancellation proposal-1 36.7(i)-1 36. 7(ii )l of CoDeveloper status [2 136.7(i) Request for cancellation of CoDeveloper slatus - M,/s. Vidur lnfrastructure Private Limited, Co-Developer in M,/s. New Chennai Township Privale Limited, Multi Services SEZ at Seekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu. Dc, MEPZ-SEZ informed the Board thalM,zs. Vidur lnfrastructure private Limited was issued Letter ol Approval on 1502.2023 over an area of 244.55 acre as a co-Developer in M,/s. New chennai rownship private Limited, Multi services at Seekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu. Now, it has requested for cancellation of CaDeveloper status due to post-pandemic decline in demand for land, making it unable to attract investors, challenges ln sourcing employment. as the area is far from city limits with limited road connectivity, lack of government development initiatives.

and for land, making it unable to attract investors, challenges ln sourcing employment. as the area is far from city limits with limited road connectivity, lack of government development initiatives. hindering progress in leasing the SEZ as Co-Developer etc. The Board was informed that documents: - he Co-Developer has submitted the lollowing i. No-Objeclion Certificate dated 22.12.2025 issued by Developer for cancellation of Co-Developer status. ii. "No Due Certificate" da\ed22.12.2025 issued by the Speciiied Officer. 4 3rd 2176.25 4 ,r th 2176.25 4 5lh 2176.25 9B 1st 4,061.149 TOTAL 18,941 .36 v

Accordingly, the Board. after deliberations. approved the proposal for cancellation of co-Developer status issued to M,zs. Vidur lnlraslructure Private Limited in the SEZ developed by M,zs. New Chennai Township Private Limited, Multi Services at Seekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu 136.7(it) Request for cancellation of CoDeveloper status - M,zs. Vidur lntrastructure Private Limited, Co-Developer in M./s. New Chennai Township Private Limited, Light Engineering Services SEZ at Seekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu. Dc, lvEPz-sEz informed the Board thatM,/s. Vidur lnfrastructure private Limited was issued Letter of Approval on 15.02.2023 over an area of .105.g7 acre as a co-Developer in M,zs. New chennai rownship private Limited, (Light Engineering Services-SEZ) atSeekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu.

r an area of .105.g7 acre as a co-Developer in M,zs. New chennai rownship private Limited, (Light Engineering Services-SEZ) atSeekinankuppam Village, Cheyyur Taluk, Chengalpattu District, Tamil Nadu. Now, it has requested for cancellation of coDeveloper status due to posl-pandemic decline in demand for land, making it unable to attract investors, challenges in sourcing employment, as the area is far from city limits with limited road connectivity, lack of government development initiatives, hindering progress in leasing the SEZ as Co-Developer etc. The Co-Developer has submitted the following documents- i. "No Objection Certificate" dated 2Z.12.ZOZS issued by Developer tor cancellation of Co-Developer status. ii. "No Due Cerlificate" dated 19.01.2026 issued by the Specified Officer. Accordingly, the Board. after deliberations. approved the proposal for cancellation of co-Developer status issued to M,/s. vidur lnfrastructure private Limited in the SEZ developed by Mzs. New Chennai Township private Limited, (Light Engineering Services- SEZ) a t Seekinankuppam Village. Cheyyur Taluk, Chengalpattu District, Tamil Nadu. Agenda ltem No.136.8: Miscellaneous ['l proposal: 136.9(i)] 136.8(i) (MPTDC) Request of M,/s. M.P. lndustrial Development Corporation Ltd., lndore, Developer ol Multi-producl lndore SEZ for creation of U

a ltem No.136.8: Miscellaneous ['l proposal: 136.9(i)] 136.8(i) (MPTDC) Request of M,/s. M.P. lndustrial Development Corporation Ltd., lndore, Developer ol Multi-producl lndore SEZ for creation of U

a temporary gate in SEZ Phase ll - reg. DC lndore SEZ brieted the proposal of tVlzs. IMPIDC Ltd., Developer of Multi-product, lndore SEZ for creation of a temporary gate in the boundary wall at the North side of SEZ Phase ll at Pithampur for disposal of material excavated from cutting of hilly area for levelling of land and its disposal thereof at own land. The DC informed that the creation of temporary gate is required for 8 months explicitly for the disposal of excavated malerial. To securing the premise, additional manpower and CCTV Camera would be installed. DGEP made an observation regarding the lack of clear recommendation of DC in the proposal and lack ol insight on security of perimeler for monitoring. Further, the issue ol timeline for this temporary gate was also raised Accordingly, the Board, after deliberations, deterred the proposal of creation of a temporary gate in SEZ Phase ll, of SEZ developed by M,/s. M.P. lndustrial Development Corporation (MPIDC) Ltd., Multi-product lndore SEZ The Board directed DC, lndore SEZ to re-submit the proposa, with clear recommendation on i. Measures to ensure safety and security, ii. Safeguards against any Unit using the proposed gate; iii. Duration of CCTV recording to be maintained during the 8 months; iv. Checks on throughput for other units, which is cunently happening through main ga1e, not falling on the proposed gate; v.

te; iii. Duration of CCTV recording to be maintained during the 8 months; iv. Checks on throughput for other units, which is cunently happening through main ga1e, not falling on the proposed gate; v. Recommendations of the Customs authority Further, the Board directed all DCs to provide clear recommendation while submitting any proposal to the Board ol Approval

Annexures- I List of Participants for the Meeting of the Board of Approval for SEZ held on 30th January, 2026 under the Chairmanship of Commerce Secretary, Department of Commerce. l. Shri Rajesh Agarwal, Chairman & Commerce Secretary, Department of Commerce 2. Shri Ajay Bhadoo, Additional Secretary, Department of Commerce 3. Shri Lav Agarwal, DG, DGFT, 4. Shri Vimal Anand, Joint Secretary, DoC 5. Shri Gaurav Pundir, Director, DoC 6. Shri Ranjan Khanna, Pr. ADG, DGEP, CBIC 7. Shri Vivek Kumar, Deputy Director, DGEP, CBIC 8. Shri Rahul Ranjan, Inspector, DGEP, CBIC 9. Shri Srinivas Muppaala, Development Commissioner, VSEZ 10. Smt. P. Hemalatha, Development Commissioner, CSEZ I l. Shri Alex Paul Menon, Development Commissioner, MEPZ-SEZ 12. Shri D.B Singh, Development Commissioner, FSEZ/ NSEZ 13. Shri Abhinav Gupta, Development Commissioner, GIFT SEZ 14. Shri Paras Mani Tripathi, Joint Development Commissioner, NSEZ I 5. Shri Kiran Mohan, Deputy Development Commissioner, NSEZ 16. Shri Chetan Varma, SO, GIFT SEZ, Ghandhnagar 17. Shri Anmol Singh, YP, CTIL List of participants connected with Video Conferencing: - I . Shri D.B. Patil, Development Commissioner, SEEPZ-SEZ/ KASEZ 2.

hri Chetan Varma, SO, GIFT SEZ, Ghandhnagar 17. Shri Anmol Singh, YP, CTIL List of participants connected with Video Conferencing: - I . Shri D.B. Patil, Development Commissioner, SEEPZ-SEZ/ KASEZ 2. Shri Praveen Trivedi, Administrator IFSCA 3. Shri Gautham S, DGM, IFSC. 4. Shri Hardev Singh, DCIT (OSD), ITA-1, CBDT 5. Shri Abhimaniu Sharma, Development Commissioner, Surat SEZ 6. Dr. Praveen Kumar, Development Commissioner, Mihan SEZ 7. Shri Abhishek Sharma, DC, Indore 8. Shri Lal Chand Dabaria, Assistant Legal Adviser, Legal Affairs 9. Directorate of Industries & Commerce, Haryana