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Minutes of Approval Committee meeting of the Multi-Product SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/1112019 1to ~ ~ ~ (~) ~I?!~s c); ~ (~) ~ 1WtT-~ fctQ~ ~ ~ c); 31<.jctM'G1 ~ c1i'r ~ 08/11/2019 em ~ 11.00 ~ trcm GM-~, ~:J1crG1, ~ -a:rral, ~ it sTo ~o 'Gftofite«;r, fclq;m ~ c1i'r ~ it 311<M:J'l('1 ~ c1i'r ~I The following members of Approval Committee were present during the meeting: - 1. Shri Chandrakant Mishra, Jt. DGFT, Jaipur 2. Shri Prem Prakash Meena, Joint Commissioner, Income Tax, Jaipur 3. Shri P.R. Sharma, Joint Director, Deptt. of Industries. 4. Shri Sunil Kumar Vangani, Asstt. Commissioner, CGST, Jaipur 5. Shri Dinesh Pahadia, Addl. G.M., RIICO, Jaipur. 6. Shri Vimal Mishra, General Manager, Mahindra World City (Jaipur) Ltd. - Representative of Developer, Special Invitee. .". Besides, during the meeting i) Shri Manoj Kumar Saily, Specified Officer, Mahindra SEl, & ii) Shri Prakash Chand Upadhyay, ADC were also present to assist the Approval Committee. » At the outset, the Chairman welcomed the participants.

Manoj Kumar Saily, Specified Officer, Mahindra SEl, & ii) Shri Prakash Chand Upadhyay, ADC were also present to assist the Approval Committee. » At the outset, the Chairman welcomed the participants. After brief introduction, the Chairman enquired about the compliance of the directions of the Approval Committee regarding less utilization of land allotted to Mis. Infosys Ltd. & Mis. Infosys BPM Ltd., both Co-developers of Mahindra World City SEl, Jaipur. In this regard, Shri Dinesh Pahadia, Addl. G.M., RIICO and Shri Vimal Mishra, Dy. General Manager, Mahindra World City (Jaipur) Ltd. informed that they had placed the matter in the Board Meeting of Mahindra World City (Jaipur) Ltd. and it has been decided to pursue the matter with the management of Mis. Infosys Limited. Chairman further directed that the status of the outcome may be informed accordingly. Thereafter each item included in the agenda were taken up for deliberation one by one. After detailed deliberations amongst the members of the Approval Committee as well as interaction with the applicants I representatives of the developer I units, the following decisions were taken: - The Approval Committee was informed that no reference against the decisions of the Approval Committee held on 30.08.2019 was received from any of the members of the Approval Committee or Trade and therefore, Minutes of the Meeting held on 30.08.2019 were ratified. 02. 1to ~3IT3IT$' ~ tlM:fI\5l ~ ~1?!~5 q;r q;r 1to ~ ~ ~ (~) ~I?!~s c); ~(~) it ~ 1WtT-~ fctQ~ ~ ~ it~ ~ c);

Committee or Trade and therefore, Minutes of the Meeting held on 30.08.2019 were ratified. 02. 1to ~3IT3IT$' ~ tlM:fI\5l ~ ~1?!~5 q;r q;r 1to ~ ~ ~ (~) ~I?!~s c); ~(~) it ~ 1WtT-~ fctQ~ ~ ~ it~ ~ c); ~ itq;ctfr q;r Il@TC1I 2.1. It was brought to the notice of the Approval Committee that Mis. DBOI Global Services Pvt. Ltd. had submitted proposal for partial deletion of area of its unit located in the Multi-Product SEl of ~ Page 1of 11

Minutes of Approval Committee meeting SEZ of Mis. Mahindra World City (Jaipur) Ltd. held on 08/1112019 .. Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed to the Committee that presently the unit is operating over an area of 115216.08 Sqft. at Ground to 3fd floor, Tower-A1, and 61228.74 Sqft. at 2nd & 3fd floor, Tower-A2 of SEZ. It was informed that the unit has requested for deletion of 29992.66 Sqft. at 3fd floor, Tower-A2. It was informed that SEZ Developer vide its letter dated 13.09.2019 has given 'No Objection' for partial deletion of aforesaid area indicating that the said premises has been vacated by the unit w.e.f. 13.09.2019. 2.2. It was also informed that following discrepancies had been observed :- (i) Unit has not executed Bond-cum-LUT against renewal of LOA for 5 years upto 27.07.2023, issued vide this office letter dated 24.07.2018. (ii) As per AP:s since inception, the unit has rendered services in DTA amounting to Rs.5041.15 lakhs during the period 2010-11 to 2018-19.

7.07.2023, issued vide this office letter dated 24.07.2018. (ii) As per AP:s since inception, the unit has rendered services in DTA amounting to Rs.5041.15 lakhs during the period 2010-11 to 2018-19. Hence, unit may be asked to submit breakup details of DTA Sales viz i). Services rendered in DTA and payment realized in free foreign exchange & ii). Services rendered in DTA against payment in INR during the period 2010-11 to 2018-19. Last email to this effect was sent to unit on 24.07.2018 for the block period. However, unit has not submitted these details also till date. (iii) Copy of renewed registered lease deed in respect of Ground to 3fd floor, Tower-A1 required to be submitted. (iv) Date-wise details of changes in directors & shareholding patterns of the company, since inception to till date, duly certified by CA, may be requested, as the unit is not submitting intimation for changes in directors etc. 2.3. Ms. Shilpa Chawathe, Vice President of Mis. DBOI Global Services Pvt. Ltd. appeared before the Approval Cammittee and explained the proposal. On being asked about sale of services in DTA, she informed that all the DTA sales have been made against payment in INR. 2.4. The Approval Committee informed that as per Section 2(z)(iii) of SEZ Act, 2005, "Services means such tradable services which earn foreign exchange" and SEZ unit is required to comply with the definition of "services" given in Section 2(z) of SEZ Act, 2005.

iii) of SEZ Act, 2005, "Services means such tradable services which earn foreign exchange" and SEZ unit is required to comply with the definition of "services" given in Section 2(z) of SEZ Act, 2005. Hence, the services rendered in . Domestic Tariff Area by the unit are not as per the provisions of SEZ Act as the unit has rendered services in Domestic Tariff Area amounting to Rs.5041.15 lakhs against payment in INR instead of foreign exchange. 2.5. During the meeting it was informed to the representative of the unit that as per Section 11(4) of the Foreign Trade (Development & Regulation) Act, 1992, as amended, there is a provision to settlethe cases wherea pers~nY contraventions.Incase a personnotagr:~::: ~:t:l:

Minutes of Approval Committee meeting SEZ o{M/s. Mahindra World City (Jaipur) Ltd. held on 08/1112019 .. the case under said provisions, a Show Cause Notice shall be issued to the unit, under the provisions of the Foreign Trade (Development & Regulation) Act, 1992, for rendering services in Domestic Tariff Area against payment in INR instead of free foreign exchange. The representative of the unit requested to the Approval Committee to grant two months' time to take decision on the matter. 2.7. After due deliberations, the Approval Committee approved the proposal for partial deletion of area, subject to submission of 'NOC' from Specified Officer. Further, the Approval Committee agreed to grant two months' time to the unit to come with its decision regarding sale of service in DTA. The Approval Committee directed to place the matter before it after two months.

oval Committee agreed to grant two months' time to the unit to come with its decision regarding sale of service in DTA. The Approval Committee directed to place the matter before it after two months. The Approval Committee also directed the representative of the unit to submit the documents I information as mentioned at Para 2.2 above. 3. #0 ~q:;~hHchtl~bl ~ ffi~?:5 q;r #0 ~ ~ ~ (~) ffi~?:5 t" ~ (~) ~ ~-g)sq:c fct~)'t<f~ ahr dl~ ~ t"~ dl chq;;fr t"~ dl~ q;r ~ I 3.1. It was brought to the notice of Approval Committee that Mis. Pixere Consulting Pvt. Ltd. had submitted an intimation for change of name of the company to 'Programmers.IO India Pvt. Ltd.' in respect of its unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed that the unit had submitted following documents :- (i) Copy of Board Resolution dated 28.05.2019 regarding change of name of the company and authorization in favour of authorized signatories of the company. (ii) Copy of Certificate of Incorporation pursuant to change of name from Pixere Consulting Pvt. Ltd. to Programmers.IO India Pvt. Ltd issued by ROC, Jaipur on 28.05.2019. (iii) Copy of M&AOA, PAN Card & GST Registration Certificate in the name of Programmers.IO India Pvt.

Pixere Consulting Pvt. Ltd. to Programmers.IO India Pvt. Ltd issued by ROC, Jaipur on 28.05.2019. (iii) Copy of M&AOA, PAN Card & GST Registration Certificate in the name of Programmers.IO India Pvt. Ltd. 3.2. It was informed that following documents I information required to be submitted, which has been communicated to the unit vide this office email dated 22.10.2019:- (i) Reasons for delay intimation for change of name of the company, as change of name issued by ROC on 28.05.2019, whereas unit has intimated to this office vide its letter dated 20.08.2019. (ii) Details of changes in shareholding pattern of the company before and after name change, if any, duly certified by Chartered Accountant. (iii) Details of changes in directors of the company before and after name change, if any, along with copy 01R 11/12 for appointment & cessation of directors and copies of paSSPOrtireSidentia;:::of & PAN Cardofnewdirectors. Page 3 of 11

Minutes of Approval Committee meeting SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/1112019 (iv) An Undertaking on RS.1001-non-judicial stamp paper from Mis. Programmers.IO India Pvt. Ltd. to the effect that upon the change of name of company from Pixere Consulting Pvt. Ltd. to 'Programmers.IO India Pvt. Ltd', all the assets & liabilities in respect of Pixere Consulting Pvt. Ltd. under LOA No. 10/38/2018-SEZl9698 dated 06.09.2018 has been taken over by Mis. Programmers.IO India Pvt.

ers.IO India Pvt. Ltd', all the assets & liabilities in respect of Pixere Consulting Pvt. Ltd. under LOA No. 10/38/2018-SEZl9698 dated 06.09.2018 has been taken over by Mis. Programmers.IO India Pvt. Ltd.. (v) Online request regarding Date of Commencement of Operation and online updation of Bond-cum-Legal Undertaking. 3.4. It was further informed that vide Instruction No. 89 dated 17.05.2018, DOC has issued guidelines regarding change in shareholding pattern, name change of SEZ Developers and SEZ Unit. As per Para 5(ii) of said guidelines "Re-organisation including change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and demergers, change of constitution of unit located in SEZs may be undertaken with the prior approval of Approval Committee in respect of units subject to the condition that the unit shall not opt out or exit out of the Special Economic Zone and continues to operate as a going concern. All liabilities of the unit will remain unchanged on such reorganization". 3.5. Further, as per Para 6 of said guidelines, such reorganization shall be subject to the following safeguards:- i) Seamless continuity of the SEZ activities with unaltered responsibilities and obligations for the altered entity. ii) Fulfillment of all eligibility criteria applicable, including security clearances etc., by the altered entity and its constituents; iii) Applicability of and compliance with all Revenue / Company Affairs / SEBI etc.

ll eligibility criteria applicable, including security clearances etc., by the altered entity and its constituents; iii) Applicability of and compliance with all Revenue / Company Affairs / SEBI etc. Act/Rules which regulate issues like capital gains, equity change, transfer, taxability etc. iv) Full financial details relating to change in equity / merger, demerger, amalgamation or transfer of ownership etc. shall be furnished immediately to Member (IT), CBDT, Department of Revenue and to thejurisdictional Authority. v) The Assessing Officer shall have the right to assess the taxability of gain / loss arising out the transfer of equity or merger, demerger, amalgamation, transfer and ownerships etc. as may be applicable and eligibility for deduction under relevant sections of the Income Tax Act, 1961. vi) The applicant shall comply with relevant State Government laws, including those relating to lease of land, as applicable. vii) The unit shall furnish details of PAN andjurisdictional assessing officer of the unit to CBDT. 3.6. Further, it was informed that vide Instruction No. 90 dated 03.08.2018, DOC has further clarified that the phrase 'prior approval of Board of Approval (BoA) I Unit Approval Committee (UAC)' in para 5(i) & (ii) of the said guidelines in respect of Developer I SEZ unit means that Page 4 of 11

fied that the phrase 'prior approval of Board of Approval (BoA) I Unit Approval Committee (UAC)' in para 5(i) & (ii) of the said guidelines in respect of Developer I SEZ unit means that Page 4 of 11

Minutes of Approval Committee meeting SEZ of Mis. Mahindra World City (Jaipur) Ltd. held on OS/l1l2019 approval of BoNUAC, as the case may be, taken before the SEZ entity I unit is recognized by the new name or such arrangement in all the records. It may not be interpreted that prior approval of BoNUAC is to be taken before approaching the Registrar of Companies or the National Company Law Tribunal as is being done in some cases came to the notice of the DOC. 3.7. CA Vinod Gupta & Ms. Jyoti Sharma, both Authorised representative of Mis. Pixere Consulting Pvt. Ltd. appeared before the Approval Committee and explained the proposal. As regards delayed intimation of change of name of the company, the representatives informed that they were changing the name of company and this was in process at that time so that company's documents were submitted for name change to relevant departments. They cannot update IEC without documents. They further informed that there is no change in shareholding pattern & directors of the company. Further, the representatives informed that they have submitted the required documents. 3.8. After due deliberations, the Approval Committee approved the proposal for change of name from "Pixere Consulting Pvt. Ltd." to "Programmers.IO India Pvt. Ltd.", in terms of Instruction No. 89 dated 17.05.2018 & subsequent clarification issued by DOC vide Instruction No.

or change of name from "Pixere Consulting Pvt. Ltd." to "Programmers.IO India Pvt. Ltd.", in terms of Instruction No. 89 dated 17.05.2018 & subsequent clarification issued by DOC vide Instruction No. 90 dated 03.08.2018, subject to compliance with safeguards prescribed in Instruction No. 89 dated 17.05.2018 and further subject to submission of required documents. 4. it. ~ $~)~q; ~llm COT ito ~ qg R1t'r (~) ~FcA~5 c); ~ (~) ~ ~-~ fttll'N ~ m- ;R" ~ ~ COT ~ «"p·il(t>lG1 ;R" ~ t;g 3ffAAtp ~3ft c); 31GjJfI C\G1 COT 11@TCl' I 4.1. It was brought to the notice of the Approval Committee that Mis. Pinnacle Infotech Solutions had submitted proposal for approval of following 03 nos. additional services in respect of its unit located in the Multi-Product SEZ of Mis Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta, Tehsil-Sanganer, Distt- Jaipur (Rajasthan):- S. Proposed Service No. Justification for requirement of proposed service given by the unit i). Client Visits ii) B' E hibition Services Pinnacle Infotech is a Global Leader in BIM Services and (( . usmess x I I I The unit serves clients across the globe and client visit is a crucial part of their business operation where they interact, discuss and plan with clients. They make their client comfortable by providing accommodation in good hotels and consume other services like transport etc. thus participates in multiple exhibition events to attract clients and increase revenues. These are a critical means of their business growth, to tap new customers and increase Page 5 of 11

ort etc. thus participates in multiple exhibition events to attract clients and increase revenues. These are a critical means of their business growth, to tap new customers and increase Page 5 of 11

Minutes of Approval Committee meeting SEZ of MIs Mahindra World City (Jaipur) Ltd held on 08/1112019 penetration in key markets thus contributing to higher exports. They also hold seminars and exhibitions for their foreign clients during their visit to India in hotels or similar places. iii). Business Support Services Their employees are central to their business and client satisfaction. To enable business excellence, they provide best environment and support services like canteen, recreation etc. also, they conduct periodic staff welfare programs like events, get together etc. to ensure they are motivated, happy and contribute to their business growth. For these they engage agencies like event management firms who provide these business support services like events, get together and like.They also provide incentives in kind to their employees for quality work and on achievement production targets on time. 4.2. It was informed that comments in respect of proposed services were obtained from the Specified Officer. It was informed that the Specified Officer had recommended that 'Business Exhibition Services' is admissible and other two services are not recommended. 4.3. Shri Ashish Tiwari, COO & Shri Gajendra Singh, Manager-Accounts of Mis.

fied Officer had recommended that 'Business Exhibition Services' is admissible and other two services are not recommended. 4.3. Shri Ashish Tiwari, COO & Shri Gajendra Singh, Manager-Accounts of Mis. Pinnacle Infotech Solutions appeared before the Approval Committee and explained the requirement of proposed services. 4.4. The Approval Committee discussed the proposed additional services one-by-one and after due deliberations, approved the following additional service:- (i) Business Exhibition Services - Exclusively for seminars & exhibitions related to authorized operations carried out within the SEZ. Besides, proposed additional service viz. Client Visits & Business Support Services was not approved by the Approval Committee as these are not related to the authorized operations of the unit. 5. ito ~q~fchdl ~;q)G1)<'t)\7I"1tI 1;110 ~o (~-1) q;r ~ ~ ~ (~) Wt~~s ij;~ (~) ~ ~_~ ~'ttsr ~ m -al ~ ~ ij;m -al ~"QCi ~Ji=f -al ~Qfttrc:J q;r ~ I 5.1. It was brought to the notice of Approval Committee that Mis. Tweaking Technologies Pvt. Ltd. (Unit-I) had submitted proposal for expansion of area and revision in projections of its unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Page 6 of 11

had submitted proposal for expansion of area and revision in projections of its unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Page 6 of 11

-_ ... Minutes of Approval Committee meeting of the Multi-Product SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/1112019 Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed that the unit is presently operating over an area of 17159.28 Sqmt. at Plot No. IT-A-016A & IT-A-016B in SEZ. It was informed that the unit has requested for addition of 9487.55 sqmt. at Plot No.IT-A-016- C. It was informed that the proposed additional land i.e. Plot No.IT-A-016-C presently in possession of Mis. Tweaking Technologies Pvt. Ltd. (Unit-II) having LOA No. 10/11/2016-SEZl3457 dated 08.04.2016. The said Unit-II vide its email/letter dt.06.11.2019 has submitted proposal for cancellation of said LOA. Since, the said unit had executed Bond-cum-LUT, hence, exit formalities are required to be completed by submission of required No Dues I NOCs & other requisite documents by the unit. 5.2. It was also informed that the unit has submitted revised projections, as given below, on account of proposed expansion of unit- (Rs.

uired No Dues I NOCs & other requisite documents by the unit. 5.2. It was also informed that the unit has submitted revised projections, as given below, on account of proposed expansion of unit- (Rs. in lakhs) Particulars (for five years) Existing Projection Revised Projection Projected FOB value of exports 9700.00 14550.00 Foreign Exchange Outgo 490.30 735.45 NFE Earnings 9209.70 13814.55 Imported Capital Goods 30.30 45.45 Indigenous Capital Goods 520.30 780.45 Imported Raw Material 460.00 690.00 Indigenous Raw Material 265.00 397.50 5.3. Shri Shashank Rana, V.P. of Mis. Tweaking Technologies Pvt. Ltd. appeared before the Approval Committee and explained the proposal. 5.4. After due deliberations, the Approval Committee approved the proposal for expansion of area & revision in projections, subject to completion of exit formalities by Mis. Tweaking Technologies Pvt. Ltd. (Unit-II) in respect of LOA No. 10/11/2016-SEZl3457 dated 08.04.2016. 6. #0 ~B"II$G1 ~fcJc:1Ch('t~ ~ ft:tf.A~s ChI' #0 ~ ~ ~ (~) ft:tf.A~s $ ~(~) M ~ ~-~ fct~N~ mM~ ~ $fmr 311'QlffiC'l 'QCi ~fr ~ ~31l 'QCi ~ W<if $~ M ~ 'QCi IiIJlCRtG1M 'ft~mr.;ChI' ~I 6.1. It was brought to the notice of the Approval Committee that Mis. Trendesign Technical Centre Pvt. Ltd. had submitted proposal for enhancement in the value of imported & indigenous capital goods and raw materials as well as revision in Export I NFE projections of the unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd.

e value of imported & indigenous capital goods and raw materials as well as revision in Export I NFE projections of the unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan), as given below:- (Rs. in lakhs) Particulars (for 5 years) Existing Projections Revised Projections Projected FOB value of exports 9000.00 16000.00 Page 70f11

Minutes of Approval Committee meeting of the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. held on 08/1112019 Foreign Exchange Outgo 3840.00 8200.00 NFE Earnings 5160.00 7800.00 Imported Capital Goods 90.00 1190.00 Indigenous Capital Goods 14.50 1664.50 Imported Raw Materials 3750.00 5000.00 Indigenous Raw Materials 2245.00 5000.00 6.2. It was informed that figures of proposed imported Plant & Machinery I Capital goods and Raw materials, components, consumables etc. mentioned by unit in breakup of foreign exchange outgo, do not match with the proposed value of imported capital goods & raw materials etc. given in projection sheet. 6.3. Shri Vivek Vasisht, Director of Mis. Trendesign Technical Centre Pvt. Ltd.

e outgo, do not match with the proposed value of imported capital goods & raw materials etc. given in projection sheet. 6.3. Shri Vivek Vasisht, Director of Mis. Trendesign Technical Centre Pvt. Ltd. appeared before the Approval Committee. 6.4. The Approval Committee observed that Unit has proposed enhancement in imported capital goods from Rs.90 lakhs to Rs.1190 lakhs & indigenous capital goods from 14.50 lakhs to Rs.1664.50 lakhs, appears to be on higher side. 6.5. After due deliberations, the Approval Committee deferred the proposal and directed the representative of the unit to submit detailed write-up on proposed enhancement of the capital goods & raw materials etc. along with reasons for delay in implementation of the project. 7. lito Q't(;fi Jlg)CRiI'l ~l1t~s q;r~ crt>t ~ (~) ~l1t~s ~ ~ (~) ~ ~-IDscR:~)li ~mCll~~~~mCll~q;r~1 7.1. It was brought to the notice of Approval Committee that Mis. Poly Medicure Ltd. (Unit-I) had submitted proposal for expansion of area of its unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed that the unit is presently operating over an area of 16789 Sqmt. at Plot No. PA-01 0-019 in SEZ. It was informed that the unit has requested for addition of 14422.74 Sqmt. at Plot No. PA-010-018. It was informed that the proposed additional land i.e. Plot No. PA-010-018 is presently in possession of Mis. Poly Medicure Ltd.

t has requested for addition of 14422.74 Sqmt. at Plot No. PA-010-018. It was informed that the proposed additional land i.e. Plot No. PA-010-018 is presently in possession of Mis. Poly Medicure Ltd. (Unit-II) having LOA No. 10/29/2019-SEZl7581 dated 08.07.2019. The said Unit-II vide its email/letter dt. 06.11.2019 has submitted proposal for cancellation of said LOA. Since, the said unit had executed Bond-cum-LUT, hence, exit formalities are required to be completed by submission of required No Dues I NOCs & other requisite documents by the unit. 7.2. It was also informed that the unit has mentioned that their export projections would remain same as previous one. Page 8 of 11

Minutes of Approval Committee meeting SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/11/2019 7.3. Shri Rakesh Bothra, Sr. G.M. of Mis. Poly Medicure Ltd. appeared before the Approval Committee on behalf of the unit and explained the proposal. 7.4. After due deliberations, the Approval Committee approved the proposal for expansion of area & revision in projections, subject to completion of exit formalities by Mis. Poly Medicure Ltd. (Unit-II) in respect of LOA No. 10/29/2019-SEZl7581 dated 08.07.2019. 8. etto ftlfCqlCfi ,qllfc:chHCOTetto ~ ~ ~ (~) ft:Il1I~5c); ~ (~) ~ ~-~ ~)lf ~ ~ CIl ~ ~ COT~ c1i'r ~Qill~Cfit1"j ~ ~ ~ LOA fco ~ ~ COT~ I 8.1. It was informed that Mis. Systweak Software had been granted of LOA extension upto 31.03.2019 to complete the exit formalities regarding Softex in respect of its unit located in the Multi- Product SEZ of Mis. Mahindra World City (Jaipur) Ltd.

had been granted of LOA extension upto 31.03.2019 to complete the exit formalities regarding Softex in respect of its unit located in the Multi- Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed that the unit has requested to grant LOA extension upto 31.03.2020 for completion of exit formalities. 8.2. It was informed that Softex Division, NSEZ had reported that- (i) The unit has not submitted Softex forms (Hard copy) for the period June 2013 to Feb'2014. (ii) The Softex forms for the period March 2014, April 2014 & March 2016 are deficient and pending for certification, reply is awaited. (iii) Rest of the Softex forms had been certified. The unit had submitted last Softex form for the period of Jan'2017. 8.3. Shri Shashank Rana, Proprietor of Mis. Systweak Software appeared before the Approval Committee and requested to grant LOA extension upto 31.03.2020 for completing the remaining exit formalities. 8.4. After due deliberations, the Approval Committee decided to grant LOA extension upto 31.03.2020 for completing the exit formalities only by the unit. 9. etto ~ ~ ~ ~ ft:Il1I~5 COT etto ~ ~ ~ (~) ffil1l~s c); ~ (~) ~ ~- ~ ftt~)lf~ ~ CIl ~ ~ COT ~ c1i'r ~Qill~Cfit1IQ ~ ~ ~ LOA fco ~ ~ COT ~I 9.1. It was brought to the notice of the Approval Committee that Mis. The Phone Support Pvt.

~ ~ ~ (~) ffil1l~s c); ~ (~) ~ ~- ~ ftt~)lf~ ~ CIl ~ ~ COT ~ c1i'r ~Qill~Cfit1IQ ~ ~ ~ LOA fco ~ ~ COT ~I 9.1. It was brought to the notice of the Approval Committee that Mis. The Phone Support Pvt. Ltd. had submitted request for grant of LOA extension upto 31.03.2020 to complete the exit formalities regarding Softex in respect of its unit located in the Multi-Product SEZ of Mis. Mahindra World City (Jaipur) Ltd. at Village Kalwara, Jhai, Bhamboriya, Bagru Khurd & Newta Tehsil-Sanganer, Distt- Jaipur (Rajasthan). It was informed that the LOA of the unit was valid upto 30.12.2018. l!"" Page 9 of II ,

, • Minutes of Approval Committee meeting SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/11/2019 9.2. It was informed that Softex Division, NSEZ had reported that- (i) Softex forms for the month of May 2014 and March 2015, April 2015 to December 2015, January 2016, February 2016, September 2016 and October 2016 had not been filed by the unit for countersignature. (ii) Softex forms for the month of December 2013, March 2014, April 2014 & June to December 2014 are deficient, deficiency letter has already been issued to the unit on vide this office letter dt.15.10.2019. Reply is awaited from the unit. (iii) Softex form for the month of January 2015 was found deficient, deficiency was raised online by this office, however, unit had cancelled the said Softex. 9.3. Shri Shashank Rana, Director of Mis. The Phone Support Pvt. Ltd.

th of January 2015 was found deficient, deficiency was raised online by this office, however, unit had cancelled the said Softex. 9.3. Shri Shashank Rana, Director of Mis. The Phone Support Pvt. Ltd. appeared before the Approval Committee and requested to grant LOA extension upto 31.03.2020 for completing the remaining exit formalities. 9.4. After due deliberations, the Approval Committee decided to grant LOA extension upto 31.03.2020 for completing the exit formalities only by the unit. 1O. ~o 'QiJJ -Qs ~ $CF~CRl (~) wo ~o COT~o ~ ~ ~ (~) ~11t~5 ~ ~ (~) ~ ilS- ~ fctQ'llf 3fTffiq;m M~ ~ ~ COT~ q:;)' mtmAA COT~ ~ I 10.1. It was informed that as recommended by the Approval Committee in its meeting held on 18.03.2019, the proposal of Mis. M&G Impex (India) Pvt. Ltd. for import I procurement of raw material i.e. 'Rough Block of Granite' in respect of its proposed unit in the Multi-Products SEZ of Mis Mahindra World City (Jaipur) Ltd. at Jaipur (Rajasthan), was forwarded to DOC vide this office letter dated 01.04.2019 & subsequent letter dated 15.05.2019, for consideration by the Board of Approval. It was informed that the proposal was discussed by the BoA in its meeting held on 22.04.2019 & 18.06.2019. Further, it was informed that as per Minutes of the BoA meeting held on 18.06.2019 the Board was of the view that the Instruction No. 47 and the provisions of Rule 27 (1) of SEZ Rules, 2006, may be revisited and if required, a suitable amendment may be carried out in the SEZ Rules, 2006.

ard was of the view that the Instruction No. 47 and the provisions of Rule 27 (1) of SEZ Rules, 2006, may be revisited and if required, a suitable amendment may be carried out in the SEZ Rules, 2006. Accordingly, BoA was decided to defer the proposal, which had been conveyed vide DOC letter dated 02.07.2019. It was informed that the matter is still under consideration of DOCIBoA. 10.2. Further, it was informed that Mis. M&G Impex (I) Pvt. Ltd. vide its email dated 05.10.2019 & subsequent email dated 30.10.2019 has requested that their application for setting up a granite processing plant at Mahindra World City SEZ, Jaipur may be treated as withdrawn, since they didn't receive the approval till date and their term loan sanctioned for the project become time barred. Page 10 of 11

Minutes of Approval Committee meeting of the Multi-Product SEZ of MIs. Mahindra World City (Jaipur) Ltd. held on 08/1112019 10.3. After due deliberations, the Approval Committee took note of the withdrawal of application by MIs. M&G Impex (I) Pvt. Ltd. for setting up of unit the Multi-Product SEZ of Mahindra World City (Jaipur) Ltd. at Jaipur (Rajasthan) and may be treated as withdrawn. Further, the Approval Committee directed that the same may be informed to the BoA also. The meeting ended with a vote of thanks to the Chair. Page 11 of 11