Minutes of the 56th meeting of Approval Committee

Minutes of the 56" meeting of the Unit Approval Committee of Kandla Special Economic Zone held on 26" April, 2013 at 12.00 Hrs. under the Chairmanship of Shri Mahendra Jain, IAS, Development Commissioner. Kandla SEZ in the Office of the Development Commissioner, Kandla SEZ.

The following were Present:-

1. Shri S. N. Patil, Joint Development Commissioner, Kandla — SEZ. 2. Shri B.B. Singh, General Manager, DIC, Bhuj. 3. Shri R.G. Khairkar, FTDO, representative of Jt.DGFT, Rajkot.

2. Review / confirmation of the minutes of last meeting of Approval Committee:

Minutes of the last meeting of Approval Committee were confirmed.

• 56.1 New Proposals to set up Units in KASEZ.

56.1.1 M/s. Aum Impex, Thane, Mumbai.

The promoter appearing before the UAC informed that:-

• (i) their proposal is for setting up a unit for manufacturing and trading activity of plastic products.

• (ii) they are already doing the same business from Mumbai and their export turnover was about 4-5 Crores last year.

• (iii) they will be importing plastic flakes, films etc. which are under OGL and make granules out of it.

• (iv) _ they propose to invest Rs.60 Lakhs and they will be requiring 5000 sq.mtr. space. (v) FOB value of their exports projected for 5 years period is Rs.9530.00 Lakhs with NFE of Rs.2210.00 lakhs.

The proposal was approved by the Committee subject to standard terms and conditions. It was intimated to the unit that no import ofplastic waste and scrap would be allowed and recycling ofplastic scrap and waste would not be permitted.

It was also informed to them that as no vacant plot or shed is available, they can be accommodated in Specially Designed Factory (SDF) and the approval of their proposal is also subject to their occupying SDF.

56.1.2 M/s. Gokul Overseas (Unit-I}),Sidhpur,Gujarat.

Mr. Ajeet Singh, Power of Attorney Holder of the said unit appeared before the UAC and informed that:-

• (i) their proposal is for setting up a unit for Warehousing Service Activity. (ii) their one unit namely M/s. Gokul Overseas, KASEZ is already existing in KASEZ which is engaged in the manufacturing of Castor Oil & its derivatives and they are the top exporter of Castor Oil in KASEZ since 2003.

(iii) they want to carry out ‘Warehousing Service Activity’ within their existing premises.

Minutes of the 56™ meeting of the Unit Approval Committee of Kandla Special Economic Zone held on 26" April, 2013 at 12.00 Hrs. under the Chairmanship of Shri Mahendra Jain, IAS, Development Commissioner. Kandla SEZ in the Office of the Development Commissioner, Kandla SEZ.

• (iv) FOB value of their exports projected for 5 years period is Rs.258.00 lakhs with NFE achievement of Rs.258.00 lakhs.

The proposal was approved by the UAC subject to standard terms and conditions applicable to Warehousing Service Activity.

56.1.3 M/s. Zest Marine Services Pvt.Ltd. (Unit-I), Gandhidham.

The promoter appearing for discussion before the UAC informed that:-

• (i) their proposal is for setting up a unit for Warehousing Service Activity.

• (ii) their one unit namely M/s. Zest Marine Services Pvt. Ltd. is already working in KASEZ which is engaged in the trading activity of Lubricants, Marine Chemicals, Navigation Equipment for ships, paints, hatch sealing tapes and ship spares.

• (ili)their new proposal is for approval of Warehousing Service Activity in their existing premises on Shed No.36, Sector-IV, KASEZ.

• (iv)FOB value of their exports projected for'5 years period is Rs.63.21 lakhs with NFE achievement of Rs.63.21 lakhs.

The proposal was approved by the UAC subject to standard terms and conditions applicable to Warehousing Service Activity.

56.1.4 M/s. Aaditya Trade Links, Gandhidham.

The promoter appearing for discussion before the UAC informed that:-

• (i) their proposal is for setting up a unit for Trading Activity of HDPE/PP/LLDPE/LDPE bags and woven sacks, PP Polyetheylene bags and rolls, PP/Pet Box strapping rolls, Multilayer Co-earuted Plain Film.

• (ii) they are already running a trading company from Gandhidham and meeting the requirement of foreign clients for the last many years.

• (iii) FOB value of their exports projected for 5 year period is Rs.370.00 Lakhs with NFE achievement of Rs.162.00 lakhs.

• (iv) they will be requiring space of 2000 sq.mtr.

• (v) they may be permitted to start business from the premises of M/s. Lohadia Warehouse.

The UAC approved the proposal for trading of those products which do not fall under the prohibited or restricted category or do not attract anti-dumping duty. However, the promoter’s request for allowing them to start business from the premises of M/s. Lohadia Warehouse was not acceded to and they were informed that space in SDF can be allotted to them.

Minutes of the 56" meeting of the Unit Approval Committee of Kandla Special Economic Zone held on 26" April, 2013 at 12.00 Hrs. under the Chairmanship of Shri Mahendra Jain, IAS, Development Commissioner. Kandla SEZ in the Office of the Development Commissioner, Kandla SEZ.

56.2.1 M/s. Rama Cylinders Pvt.Ltd. KASEZ.

This unit is already engaged in the manufacturing activity of High Pressure Cylinders in KASEZ.

Mr. Mande and Mr. Das appearing for discussion before the UAC informed that:-

• (i) their present proposal is for approval of Trading Activity in the existing LoA. (ii) due to change of exports market, export orders for cylinder industry are going downwards and therefore, to enter newer market for other products they require addition of new items in their LoA. :

(iii) they will do export of cylinders also as and when the market revives.

• (iv)FOB value of their export projected from ‘trading activity’ for 5 years period will be Rs.3260.00 Lakhs with NFE achievement of Rs.2773.00 lakhs.

The committee approved the proposal for inclusion of Trading Activity in their existing LOA.

56.2.2 M/s. Dyna Glycol Pvt.Ltd. KASEZ.

This unit is already engaged in manufacturing of Polyethylene Glycol in KASEZ.

Mr. S. Anna Marian, Plant Manager appeared on the behalf of the unit for discussion before the UAC and informed that they propose to include two items namely ‘C10 C12 Fatty Alcohol and DIOL’ in their existing LOA for manufacture purpose. He further informed that both these items are non-hazardous chemicals and projected FOB value of their exports for the 5 years will be Rs.151.20 lakhs with NFE achievement of Rs.60.45 lakhs.

The committee approved the proposal for inclusion of two new items namely ‘C10 C12 Fatty Alcohol and DIOL’ in their existing LOA for manufacture purpose.

56.3.1 M/s. Timbmet Door Solutions Pvt. Ltd., KASEZ

M/s. Timbmet Door Solutions Pvt. Ltd., KASEZ is engaged in the manufacture of doors made of particle board, MDF board, veneers and door sets etc.

Mr. Dhirendra Mehta, appearing before the UAC, on behalf of the unit informed that from the existing Board of Directors, six directors are retiring and the remaining three directors namely Mr. Inderjeet Kochhar, Mr. Devanki Kochhar and Mr. Ashwani Mohan will continue. He further informed that in terms of condition no. 14 of the BLUT, the unit has to intimate the changes in the Board of Directors/ partners etc. To the Development Commissioner and in view of the same, this intimation has been given. The Committee approved the changes in the Directors.

Minutes of the 56 meeting of the Unit Approval Committee of Kandla Special Economic Zone held on 26" April, 2013 at 12.00 Hrs. under the Chairmanship of Shri Mahendra Jain, IAS, Development Commissioner. Kandla SEZ in the Office of the Development Commissioner, Kandla SEZ.

56.3.2 M/s. Blow Kings, KASEZ

:

M/s. Blow Kings, KASEZ and M/s. Medikits are sister concerns in KASEZ having same partners. M/s. Blow Kings, KASEZ is issued with LOA No. KASEZ/IA/1510/93/6219 dtd. 15.07.1993 for manufacture of Vaccine Carriers, Ice Pack etc. whereas M/s. Medikits is issued with LOA No. 8/20/85-FTZ dated 08.01.1986 as amended from time to time for manufacture of different types of ‘medical kits’.

Vide a ‘sale agreement’ made on 27.03.2012, M/s. Blow Kings, KASEZ has taken over M/s. MediKits, KASEZ. M/s. Blow Kings has also submitted an undertaking wherein they have agreed to undertake all assets and liabilities including export obligation of M/s. MediKits, KASEZ.

No one appeared on behalf of the units before the UAC for discussion.

However, after considering the above facts, the UAC approved the said merger/ takeover in terms ofproviso 3 to the Rule 19(2) of the SEZ Rules, 2006.

(Mahendra Jain) Chairman of Approval Committee & Development Commissioner Kandla Special Economic Zone.