Agenda of Approval Committee meeting to be held on 17.04.2025 -MINDSPACE SEZ

सीÜज़ ͪवशेष आͬथ[क ¢ेğ SEEPZ SPECIAL ECONOMIC ZONE

अंधेरȣ (पूव[), मुंबई ANDHERI (EAST), MUMBAI --------------------------------------------------------------------------- काय[सूची के ͧलए AGENDA FOR मेसस[ माइंडèपेस ǒबजनेस पाÈस[ Ĥाइवेट ͧलͧमटेड के ͧलए ¢ेğ ͪवशेष ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक। MEETING OF THE APPROVAL COMMITTEE FOR SECTOR SPECIFIC SPECIAL ECONOMIC ZONE FOR IT/ITES OF M /s. MINDSPACE BUSINESS PARKS PRIVATE LIMITED. èथल : सàमेलन हॉल, ɮͪवतीय तल, ͪवकास आयुÈत काया[लय, सीÜज़-एसईजेड,
अंधेरȣ (पूव[), मुंबई। VENUE : Conference Hall, 2nd Floor, The Office of the Development
Commissioner, SEEPZ-SEZ, Andheri (East), Mumbai

Ǒदनांक : गुǽवार, 17 अĤैल, 2025 DATE : Thursday, 17th April, 2025

समय : Ĥातः 11:30 बजे TIME : 11:30 AM

17th April 2025 को ͪवकास आयुÈत, एसईईपीजेड-एसईजेड कȧ अÚय¢ता मɅ मेसस[ माइंडèपेस ǒबजनेस पाÈस[ Ĥाइवेट ͧलͧमटेड-एसईजेड के आईटȣ/आईटȣईएस के ͧलए ¢ेğ ͪवशेष ͪवशेष आͬथ[क ¢ेğ के ͧलए अनुमोदन सͧमǓत कȧ बैठक। Meeting of the Approval Committee for Sector Specific Special Economic Zone for IT/ITES of
M/ s. Mindspace Business Parks Private Limited-SEZ under the Chairmanship of Development Commissioner, SEEPZ-SEZ on 17th April 2025.

सूचकांक /INDEX काय[सूचीमदĐ. Agenda Item No. ͪवषय
Subject काय[सूची मद Đमांक 01:- Agenda Item No. 01:- 03.03.2025 को आयोिजत बैठक के काय[वृƣ कȧ पुिçट। Confirmations of the minutes of the meeting held on 03.03.2025 काय[सूची मद Đमांक 02:- Agenda Item No. 02:- एलटȣआई माइंडĚȣ के Ǔनदेशकɉ/भागीदारɉ कȧ सूची मɅ पǐरवत[न के ͧलए आवेदन (एलओए-16) Application for Change of List of Directors/Partners of LTI Mindtree (LOA-16) काय[सूची मद Đमांक 03:- Agenda Item No. 03:- मेसस[ इÛवɅटुरस नॉलेज सॉãयूशंस Ĥाइवेट ͧलͧमटेड (एलओए-38) के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन Application for change in list of directors & change in share holding pattern of M /s. Inventurus Knowledge Solutions Private Limited (LOA-38) काय[सूची मद Đमांक 04:- Agenda Item No. 04:- मेसस[ इÛवɅटुरस नॉलेज सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-56) Inventurus Knowledge Solutions Private Limited (LOA-56) काय[सूची मद Đमांक 05:- Agenda Item No. 05:- मेसस[ इÛवɅटुरस नॉलेज सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (LOA-52) Inventurus Knowledge Solutions Private

Limited (LOA-52) काय[सूची मद Đमांक 06:- Agenda Item No. 06:- मेसस[ इÛवɅटुरस नॉलेज सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-34) Inventurus Knowledge Solutions Private Limited (LOA-34) काय[सूची मद Đमांक 07:- Agenda Item No. 07:- मेसस[ ͪवĤो ͧलͧमटेड के कैफेटेǐरया, åयायामशाला और मनोरंजन ¢ेğ कȧ èथापना के ͧलए आवेदन
Application for setting up cafeteria,gymnasium and recreation of area of M/s. Wipro Limited काय[सूची मद Đमांक 08:- Agenda Item No. 08:- मेसस[ कोस[5 इंटेͧलजɅस ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-55) change in share holding pattern of M/s. Course5 Intelligence Ltd (LOA-55) काय[सूची मद Đमांक 09:- Agenda Item No. 09:- मेसस[ कोस[5 इंटेͧलजɅस ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-49) change in share holding pattern of M/s. Course5 Intelligence Ltd (LOA-49) काय[सूची मद Đमांक 10:- Agenda Item No. 10:- मेसस[ गेÞस हेãथकेयर सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-58) GeBBS Healthcare Solutions Private Limited. (LOA-58) काय[सूची मद Đमांक 11:- Agenda Item No. 11:- मेसस[ गेÞस हेãथकेयर सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-03) GeBBS Healthcare Solutions Private Limited. (LOA-03) काय[सूची मद Đमांक 12:- Agenda Item No. 12:- मेसस[ गेÞस हेãथकेयर सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-33) GeBBS Healthcare Solutions Private Limited. (LOA-33)

काय[सूची मद Đमांक 13:- Agenda Item No. 13:- मेसस[ गेÞस हेãथकेयर सॉãयूशंस Ĥाइवेट ͧलͧमटेड के Ǔनदेशकɉ कȧ सूची मɅ पǐरवत[न और शेयर होिãडंग पैटन[ मɅ पǐरवत[न के ͧलए आवेदन (एलओए-42) GeBBS Healthcare Solutions Private Limited. (LOA-42) काय[सूची मद Đमांक 14:- Agenda Item No. 14:- मेसस[ एÈसɅचर सॉãयूशंस Ĥाइवेट ͧलͧमटेड के अनुमानɉ मɅ पǐरवत[न के साथ ¢ेğ के आंͧशक ͪवलोपन के ͧलए आवेदन। Application for partial deletion of area with change in projections of M /s. Accenture Solutions Private Limited.

मेसस माइंड पेस िबजनेस पाक ाइवेट लिमटेड - सेज, ऐरोली, नवी मुंबई के े िवशेष िवशेष आ थक े के लए अनुमोदन सिम%त क' 133व( बैठक का कायवृ-, िवकास आयु., सी/ज़-सेज क' अ1यता म2 03.03.2025 को ि3तीय तल सी/ज़ सेवा क2 4, सी/ज़ सेज, मुंबई म2 आयो5जत िकया गया। Minutes of 133rd Meeting of the Approval Committee for Sector Specific Special Economic Zone of M/s. Mindspace Business Parks Pvt. Ltd. - SEZ, Airoli, Navi Mumbai, under the Chairmanship of Development Commissioner, SEEPZ-SEZ held on 03.03.2025, at Second Floor SEEPZ Service Centre, SEEPZ SEZ, Mumbai.

1. Name of the SEZ               :    M/s. Mindspace Business Parks Pvt. Ltd.
2. Sector                                  :     IT/ITES
3. Meeting No.                        :     133rd                    
4. Date                                    :     03.03.2025
उप9	थत सद	य :
:.
Sr.
No.
सद	य; का नाम
Name of Members
पद का नाम
Designation
संगठन 
Organization
1
<ीमती िमतल एस. िहरेमठ
Smt. Mital S. Hiremath
संयु. िवकास आयु.,
Jt. 
Development
Commissioner
सी/ज़-सेज़
SEEPZ-SEZ
2
<ी राजेश परदेशी  
Shri. Rajesh Pardeshi 
संयु. आयु. आयकर 
Joint 
Commissioner,
Income Tax
आयकर आयु. कायालय, मुंबई के नािमती 
Nominee of Commissioner of Income
Tax office, Mumbai
3
<ी  िहमांशु धर पांडे 
Shri. 
Himanshu 
Dhar
Pandey
उप िनदेशक डीजीएफटी 
Deputy Director DGFT
अ%तAर. डीजीएफटी, मुंबई के नािमत 
Nominee 
of 
the 
Additional 
DGFT,
Mumbai
4
<ीमती पूनम दराडे 
Smt. Poonam Dharade
उCोग उपिनदेशक 
Deputy 
Director 
of
Industries
डीसी इंड	टDीज, महाराED सरकार के नािमती
Nominee of DC Industries, Government
of Maharashtra
5
<ी बालासाहेब बोराडे
Shri Balasaheb Borade
िविनFदE अ%धकारी  
Specified Officer
सी/ज़-सेज़
SEEPZ –SEZ
 
       <ीमती िG5जट जो, िव.आ.का.स. (Hयू सेज़),  <ी हनीश
राठी, एडीसी (Hयू सेज़), <ी जय दीप, एडीसी (Hयू सेज़) और <ी
पलाश शंकर, एडीसी (Hयू सेज़) बैठक म2 सहायता और सुचाK
संचालन के लए शािमल हुए।
 
                 Smt. Bridget Joe, EA to DC (New
SEZ), Shri. Hanish Rathi, ADC (New SEZ), Shri
Jai Deep, ADC (New SEZ) and Shri. Palash
Shankar, ADC (New SEZ) also attended for
assistance and smooth functioning of the
meeting.
 
 
कायसूची मद संLया 01: 30.01.2025 को आयो5जत
132व( बैठक के कायवृ- क' पुिE।
 
Agenda Item No. 01: Confirmation of
Minutes of the 132nd meeting held on
30.01.2025.
 
 
      िदनांक 30.01.2025 को आयो5जत 132व( बैठक
के कायवृ- क' सवसMम%त से पुिE क' गई।
 
        The Minutes of the 132nd Meeting held
on 
30.01.2025 
were 
confirmed 
with
consensus. 
 
 
कायसूची मद संLया 02: सेज िनयम, 2006 के िनयम 54 के
संदभ म2 मेसस एलएंडटी टेOनोलॉजी सFवसेज लिमटेड
(एलओए-03) के िव-ीय वष 2020-21 से 2023-24 (4 वष
क' अव%ध के लए) के दशन क' िनगरानी करना।
 
 
Agenda 
Item 
No. 
02: 
 
 
Monitoring
performance for the FY 2020-21 to 2023-24
(for the period of 4 years) of M/ s. L&T
Technology Services Limited. (LOA-03) in
terms of Rule 54 of SEZ Rules, 2006.

सी/ज़-सेज़/Hयू-सेज़/माइंड	पेस/03/ 2019-20/16985 िदनांक
22.08.2019
(मूल एलओए)
 
SEEPZ-SEZ/NEW-SEZ/MINDSPACE/03/
2019-20/16985 Dated 22.08.2019 
(Original LOA)
वष 2020-21 से 2023-24 के लए वाFषक िनRपादन Aरपोट
इकाई 3ारा 	तुत क' गई। इकाई ने िव- वष 2020-21 से
2023-24 के लए संचयी आधार पर 5,801.47/- लाख
Tपए का सकाराUमक एनएफई हा5सल िकया है।
 
The Annual Performance Report for the years
2020-21 to 2023-24 was submitted by the unit.
The unit has achieved positive NFE of Rs.
5,801.47/- Lakhs on cumulative basis for the
FYs 2020-21 to 2023-24.
िनणय: - िवचार-िवमश के बाद, सिम%त ने सेज िनयम, 2006
के िनयम 54 के संदभ म2 माइंड	पेस-सेज़ म2 9	थत मेसस
एलएंडटी टेOनोलॉजी सFवसेज लिमटेड (एलओए-03) के
दशन पर 1यान िदया। इकाई ने िव- वष 2020-21 से
2023-24 के लए संचयी आधार पर 5,801.47 लाख Tपये
क' सकाराUमक शुW िवदेशी मु4ा अXजत क' है।
 
Decision: - After deliberation, the Committee
noted the performance of the M/ s. L&T
Technology Services Limited. (LOA-03) located
at Mindspace-SEZ in terms of Rule 54 of SEZ
Rules, 2006. The unit has achieved positive
NFE of Rs. 5,801.47/- Lakhs on cumulative
basis for the FYs 2020-21 to 2023-24.
 
  
 
 
 
बैठक अ1य को धHयवाद 	ताव के साथ संपY हुई।
 
Meeting concluded with a vote of thanks to
the Chair.
 
(Zाने[र पाटील, आईएएस)
अ1य-सह-िवकास आयु.,
सी/ज़-सेज़
signaturerectangle-1-186

Action taken for the UAC Meeting held on 03.03.2025 
Name of SEZ 
Name of Unit 
Subject 
Action Taken 
Mindspace-SEZ 
M/ s. L&T Technology 
Services Limited. 
(LOA-03) 
Monitoring performance 
Letter signed on 
21.03.2025 issued to the 
unit

GOVERNMENT OF INDIA,
OFFICE OF THE DEVELOPMENT COMMISSIONER,
SEEPZ SPECIAL ECONOMIC ZONE, GOVT. OF INDIA,
 
**************
 
AGENDA NOTE FOR CONSIDERATION OF APPROVAL COMMITTEE
 
-----------------------
a. Proposal : 
Proposal of M/s. LTIMindtree Limited (LOA-16) situated at MINDSPACE-SEZ, Plot No.
3, Tran Thane Creek Industrial Area, MIDC, Thane Belapur Road, Airoli, Navi Mumbai for
approval w.r.t. change in the Composition of the Board of Directors of their company.
b. Specific Issue on which decision of AC is required: -  
Approval for change in the Composition of the Board of Directors of their company.
c. Relevant provisions of SEZ Act, 2005 & Rules, 2006/Instruction/    
    Notification :- 
Attention is invited to Instruction No. 109 of MOC&I dated 18th October, 2021 stipulates that - “In
supersession of Instruction No. 89 dated 17.05.2018 and Instruction No. 90 dated 03.08.2018 of this
Department on the subject cited above and in exercise of provisions of Section 10(10) of the SEZ Act,
2005, it is hereby conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved
mergers and demergers, change of constitution, change of Directors, etc. of SEZ Developers / Co-
developers as well as SEZ Units shall be as follows:
(i) Reorganization including change of shareholding pattern, business transfer arrangements, court
approved, mergers and demergers, change of constitution, change of Directors etc. may be
undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the
Developer / Co-Developer / Unit shall not opt out or exit out of the SEZ and continues to operate
as a going concern. All liabilities of the Developer / Co-Developer / Unit shall remain unchanged
on such reorganization.
d. Other Information: - 
1.
Letter of Approval No. & Date
SEEPZ-SEZ/NEWSEZ/SERENE-THANE/16/2010-
11/4191, Dated 23.03.2011 (Original LOA)
2.
Item(s) of manufacture/services
Software 
Development 
IT 
& 
ITES 
System
Integration/Implementation Consulting Training BPO

3.
Present location
1st to 8th Office Floor, Building No.1, Mindspace
Business Parks Pvt. Ltd.-SEZ, Thane-Belapur Road,
Airoli, Navi Mumbai-400708
4.
Documents submitted
1. Form DIR 12 of Appointment of Directors along
with its challan.
2. A copy of Board Resolution for appointment and
resignation of Directors.
3. CS certified list of Directors.
4. Undertaking in terms of Instruction No. 109.
The Developer has confirmed that, the below changes will not be affecting the status of the unit.
The details of Directors of the Company are as under:
Sr.
No.
Before change in the Directors
After change in the Directors
 
Name of the Director
Designation
Name of the Director
Designation
1
Mr. A M Naik
Non-Executing 
Vice
Chairman
Mr. S N Subrahmanayan
Non-Executing 
Vice
Chairman
2
Mr. S N
Subrahmanayan
Non-Executing 
Vice
Chairman
Mr. R Shankar Raman
Non-Executing Director
3
Mr. R Shankar Raman
Non-Executing Director
Mr. Nachiket Deshpande
Whole Time Director and
Chief Operating Officer
4
Mr. Sudhir Chaturvedi
President-Sales & Whole
Time Director
Mr. Sanjeev Aga
Independent Director
5
Mr. Nachiket
Deshpande
Chief Operating Officer &
Whole Time Director
Mr. James Varghese Abraham
6.
Mr. Sanjeev Aga
 
Mr. Vinayak Chatterjee
7.
Mr. James Varghese
Abraham
Mr. Debashish Chatterjee
Chief Executive Officer &
Managing Director
8.
Mr. Rajnish Kumar
Ms. Apurva Purohit
9.
Mr. Vinayak
Chatterjee
Mr. Bijou Kurien
10.
Mr. Debashish
Chatterjee
Chief Executive Officer &
Managing Director
Mr. Chandrasekaran
Ramkrishnan
11.
Ms. Apurva Purohit
Mr. Venugopal Lambu
CEO and Whole-time
Director
12.
Mr. Bijou Kurien
 
 
13.
Mr. Chandrasekaran
Ramkrishnan
 
 
 
e. Recommendation: 
Proposal of M/s. LTIMindtree Limited (LOA-16) located at Mindspace Business

Parks Pvt. Ltd.-SEZ, Plot No. 3, Tran Thane Creek Industrial Area, MIDC, Thane Belapur Road, Airoli,
Navi Mumbai for change in Composition of Board of Directors in terms of MoC&I Instruction No. 109 dated
18.10.2021 is submitted before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited. (LOA-38) for Change in
Shareholding Pattern of the Company and change in the list of Board of Directors.
i. Approval for Change in Shareholding Pattern of the Company.
ii. Approval for Change in the list of Board of Directors of the Company.
    Notification :- 
MOC&I Instruction No. 109 of MOC&I dated 18.10.2021.
MOC&I Instruction No. 109 dated 18.10.2021 states that: “ In suppression of Instruction No. 89 dated
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10)
of the SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization
including change of name, change of shareholding pattern, business transfer arrangements, court
approved mergers and demergers, change of constitution, change of Directors, etc of SEZ
Developers/Co-Developers as well as SEZ unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer
arrangement, court approved mergers and demergers, change of constitution, change of Directors etc.
may be undertaken by Unit Approval Committee concerned subject to condition that the Developer/Co-
Developer/Units shall not opt out or exit out of the Special Economic Zone and continues to operate as a
going concern.  All liabilities of the Developer/Co-Developer will remain unchanged on such re-
organization.”
1.
Name of the Unit
M/ s. Inventurus Knowledge Solutions Private
Limited. (LOA-38)
2.
Location of the Unit
Unit No. 203, 2nd Floor, Building No. 5 & 6,
Mindspace Business Pak Pvt. Ltd.-SEZ, Thane
Belapur Road, Airoli, Navi Mumbai, Thane,
Maharashtra, India, Pin code- 400708
3.
LOA No. & Date
SEEPZ/NEWSEZ/SERENE-THANE/38/2013-
14/9068 Dated 23.08.2013
  4.
Item of Manufacture/Service
Computer Software and IT Enabled Services.
5.
Date of Commencement
02.06.2014
6.
Validity of LOA
01.06.2028

The detailed list of the Shareholding Pattern (Pre & Post) are as under:
 
LIST OF SHAREHOLDING PATTERN (PRE & POST):
SHAREHOLDING PATTERN PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
Sr. No. Category of
shareholder
Nos. of Shareholders
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
11,60,89,266
67.66 %
2.
Public
108
5,05,90,784
29.49 %
3.
Non 
Promoter-Non
public
1
48,93,109
2.85 %
Total
120
17,15,73,159
100.00 %
 
SHAREHOLDING PATTERN POST DATE OF LISTING DATED DECEMBER 19, 2024
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
10,93,28,542
63.72%
2.
Public
1,89,749
5,73,51,508
33.43%
3.
Non 
Promoter-Non
public
1
48,93,109
2.85%
Total
1,89,761
17,15,73,159
100.00 %
 
*There is Change in Shareholding Pattern of the company.
 
Details of the Directors of M/ s. Inventurus Knowledge Solutions Private Limited.
 
LIST OF DIRECTORS PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
Chairman and Non-Executive Director
00153675
2.
Utpal Sheth
Nominee Director (Non-Executive)
00081012
3.
Amit Goela
01754804
4.
Clarence Carleton King
II
Independent Director (Non-Executive)
08171208
5.
Mary Klotman
Additional Director (Non-Executive)
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
Whole-Time Director (Executive)
02239277
8.
Joseph Benardello
Non-Executive Director
01672013
9.
Theresa Stone
Additional Independent Director (Non-
Executive)
10831186

LIST OF DIRECTORS POST DATE OF LISTING DATED DECEMBER 19, 2024
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186
 
*There is no change in list of Board of Directors of the Company.
The unit has submitted following documents/Information:
1. Application through SEZ online system,
2. Undertaking in terms of Instruction No. 109,
3. CS Certified Pre & Post list of Directors as on date
4. Undertaking in terms of Liabilities/Criminal cases pending against the Director.
5. Undertaking i.r.o. all the Directors for non-involvement in any case affecting the status of the
unit.     
6. Copy of Board Resolution.
e. Recommendation: 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited (LOA-38) located at Mindspace
Business Parks Pvt. Ltd. – SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors &
Change in the Shareholding Pattern of the Company in terms of MoC&I Instruction No. 109 dated
18.10.2021 is submitted before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited. (LOA-56) for Change in
Shareholding Pattern of the Company and change in the list of Board of Directors.
    Notification :- 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10)
of the SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization
including change of name, change of shareholding pattern, business transfer arrangements, court
approved mergers and demergers, change of constitution, change of Directors, etc of SEZ
Developers/Co-Developers as well as SEZ unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer
arrangement, court approved mergers and demergers, change of constitution, change of Directors etc.
may be undertaken by Unit Approval Committee concerned subject to condition that the Developer/Co-
Developer/Units shall not opt out or exit out of the Special Economic Zone and continues to operate as a
going concern.  All liabilities of the Developer/Co-Developer will remain unchanged on such re-
organization.”
1.
Name of the Unit
M/ s. Inventurus Knowledge Solutions Private
Limited. (LOA-56)
2.
Unit No. 801, 8th Floor, Unit No. 102, 1st Floor,
Building No. 5 & 6, Mindspace Business Pak Pvt.
Ltd.-SEZ, Thane Belapur Road, Airoli, Navi
Mumbai, Thane, Maharashtra, India, Pin code-
400708
3.
LOA No. & Date
SEEPZ/NEW-SEZ/SERENE-
THANE/56/IKSPL/2017-18/09011 Dated
04.05.2017
  4.
Item of Manufacture/Service
Computer Software and IT Enabled Services.
5.
01.10.2017
6.
Validity of LOA
30.09.2027
 

SHAREHOLDING PATTERN PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
11,60,89,266
67.66 %
2.
Public
108
5,05,90,784
29.49 %
3.
Non 
Promoter-Non
public
1
48,93,109
2.85 %
Total
120
17,15,73,159
100.00 %
 
SHAREHOLDING PATTERN POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
10,93,28,542
63.72%
2.
Public
1,89,749
5,73,51,508
33.43%
3.
Non 
Promoter-Non
public
1
48,93,109
2.85%
Total
1,89,761
17,15,73,159
100.00 %
 
*There is Change in Shareholding Pattern of the company.
Details of the Directors of M/ s. Inventurus Knowledge Solutions Private Limited.
 
LIST OF DIRECTORS PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186

LIST OF DIRECTORS POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186
 
*There is no change in list of Board of Directors of the Company.
1. Application through SEZ online system,
2. Undertaking in terms of Instruction No. 109,
3. CS Certified Pre & Post list of Directors as on date
4. Undertaking in terms of Liabilities/Criminal cases pending against the Director.
5. Undertaking i.r.o. all the Directors for non-involvement in any case affecting the status of the unit.
6. Copy of Board Resolution
e. Recommendation: 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited (LOA-56) located at Mindspace
Business Parks Pvt. Ltd. – SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors &
Change in the Shareholding Pattern of the Company in terms of MoC&I Instruction No. 109 dated
18.10.2021 is submitted before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited. (LOA-52) for Change in
Shareholding Pattern of the Company and change in the list of Board of Directors.
    Notification :- 
 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10)
of the SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization
including change of name, change of shareholding pattern, business transfer arrangements, court
approved mergers and demergers, change of constitution, change of Directors, etc of SEZ
Developers/Co-Developers as well as SEZ unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer
arrangement, court approved mergers and demergers, change of constitution, change of Directors etc.
may be undertaken by Unit Approval Committee concerned subject to condition that the Developer/Co-
Developer/Units shall not opt out or exit out of the Special Economic Zone and continues to operate as a
going concern.  All liabilities of the Developer/Co-Developer will remain unchanged on such re-
organization.”
1.
Name of the Unit
M/ s. Inventurus Knowledge Solutions Private
Limited. (LOA-52)
2.
Unit No. 502, 5th Floor, Building No. 5 & 6,
Mindspace Business Parks Pvt. Ltd.-SEZ, Thane
Belapur Road, Airoli, Navi Mumbai, Thane,
Maharashtra, India, Pin code- 400708
3.
LOA No. & Date
SEEPZ/NEW-SEZ/SERENE-THANE/52/ 2014-
15/7224 Dated 29.04.2015
  4.
Item of Manufacture/Services
Computer Software and IT Enabled Services.
5.
01.04.2016
6.
Validity of LOA
31.03.2026

SHAREHOLDING PATTERN PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
11,60,89,266
67.66 %
2.
Public
108
5,05,90,784
29.49 %
3.
Non 
Promoter-Non
public
1
48,93,109
2.85 %
Total
120
17,15,73,159
100.00 %
 
SHAREHOLDING PATTERN POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
10,93,28,542
63.72%
2.
Public
1,89,749
5,73,51,508
33.43%
3.
Non 
Promoter-Non
public
1
48,93,109
2.85%
Total
1,89,761
17,15,73,159
100.00 %
 
*There is Change in Shareholding Pattern of the company.
 
Details of the Directors of M/ s. Inventurus Knowledge Solutions Private Limited.
 
LIST OF DIRECTORS PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186

LIST OF DIRECTORS POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186
 
*There is no change in list of Board of Directors of the Company.
1. Application through SEZ online system,
2. Undertaking in terms of Instruction No. 109,
3. CS Certified Pre & Post list of Directors as on date
4. Undertaking in terms of Liabilities/Criminal cases pending against the Director.
5. Undertaking i.r.o. all the Directors for non-involvement in any case affecting the status of the unit.
6. Copy of Board Resolution
e. Recommendation: 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited (LOA-52) located at Mindspace
Business Parks Pvt. Ltd. – SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors &
Change in the Shareholding Pattern of the Company in terms of MoC&I Instruction No. 109 dated
18.10.2021 is submitted before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited. (LOA-34) for Change in
Shareholding Pattern of the Company and change in the list of Board of Directors.
    Notification :- 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10)
of the SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization
including change of name, change of shareholding pattern, business transfer arrangements, court
approved mergers and demergers, change of constitution, change of Directors, etc of SEZ
Developers/Co-Developers as well as SEZ unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer
arrangement, court approved mergers and demergers, change of constitution, change of Directors etc.
may be undertaken by Unit Approval Committee concerned subject to condition that the Developer/Co-
Developer/Units shall not opt out or exit out of the Special Economic Zone and continues to operate as a
going concern.  All liabilities of the Developer/Co-Developer will remain unchanged on such re-
organization.”
1.
Name of the Unit
M/ s. Inventurus Knowledge Solutions Private
Limited. (LOA-34)
2.
Unit No. 204, 2nd Office Floor, Building No. 5,
Mindspace Business Parks Pvt. Ltd.-SEZ, Thane
Belapur Road, Airoli, Navi Mumbai, Thane,
Maharashtra, India, Pin code- 400708
3.
LOA No. & Date
SEEPZ/NEW-SEZ/SERENE-THANE/34/ 2012-
13/12730 Dated 01.10.2012
  4.
Item of Manufacture/Services
Computer Software and IT Enabled Services.
5.
21.01.2013
6.
Validity of LOA
20.01.2028
 

SHAREHOLDING PATTERN PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
11,60,89,266
67.66 %
2.
Public
108
5,05,90,784
29.49 %
3.
Non 
Promoter-Non
public
1
48,93,109
2.85 %
Total
120
17,15,73,159
100.00 %
 
SHAREHOLDING PATTERN POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No. Category of
shareholder
No. of fully paid-
up equity shares
held
Shareholding as
a % of total no. of
shares
1.
Promoter & promoter
11
10,93,28,542
63.72%
2.
Public
1,89,749
5,73,51,508
33.43%
3.
Non 
Promoter-Non
public
1
48,93,109
2.85%
Total
1,89,761
17,15,73,159
100.00 %
 
 
*There is Change in Shareholding Pattern of the company.
Details of the Directors of M/ s. Inventurus Knowledge Solutions Private Limited.
 
LIST OF DIRECTORS PRIOR TO DATE OF LISTING DATED DECEMBER 18, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186

LIST OF DIRECTORS POST DATE OF LISTING DATED DECEMBER 19, 2024
 
Sr. No.
Name of the Person
Designation
DIN
1.
Berjis Desai
00153675
2.
Utpal Sheth
00081012
3.
Amit Goela
01754804
4.
II
08171208
5.
Mary Klotman
09768040
6.
Keith Jones
09784428
7.
Sachin Gupta
02239277
8.
Joseph Benardello
01672013
9.
Theresa Stone
Executive)
10831186
*There is no change in list of Board of Directors of the Company.
1. Application through SEZ online system,
2. Undertaking in terms of Instruction No. 109,
3. CS Certified Pre & Post list of Directors as on date
4. Undertaking in terms of Liabilities/Criminal cases pending against the Director.
5. Undertaking i.r.o. all the Directors for non-involvement in any case affecting the status of the unit.
6. Copy of Board Resolution
e. Recommendation: 
Proposal of M/ s. Inventurus Knowledge Solutions Private Limited (LOA-34) located at Mindspace
Business Parks Pvt. Ltd. – SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors &
Change in the Shareholding Pattern of the Company in terms of MoC&I Instruction No. 109 dated
18.10.2021 is submitted before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Application of M/s. Wipro Limited for permission for setting up of Cafeteria, Gymnasium and Recreation in
their SEZ Unit located at Mindspace-SEZ, Building No.02, Plot No.3, Opp. Airoli Railway Station, Airoli, Navi
Mumbai-400 708.
Approval for setting up of Cafeteria, Gymnasium and Recreation in their SEZ Unit located at Mindspace-SEZ,
Building No.02, Plot No.3, Opp. Airoli Railway Station, Airoli, Navi Mumbai-400 708.
    Notification :- 
In terms of Rule 11 (5) of the SEZ Rules, 2006 which stipulates that –            
           “The Developer may, with the prior approval of the Approval Committee, grant on lease land or
built up space, for creating facilities such as canteen, public telephone booths, first aid centres, crèche
and such other facilities as may be required use of the unit”
MoC&I Instruction No. 95 dated 11.06.2019, item No. 3 (a) which stipulates that –
          “The facilities as envisaged under the proviso to Rule 11(5) of the SEZ Rules could also be created
by a unit for its exclusive use subject to obtaining a NOC from the Developer as well as necessary NOCs
/ clearances / approvals from the relevant statutory authorities.”
 
1
Name of the unit
M/s. Wipro Limited
2
Present location
Building No. 2 and 7 (4th, 8th to 11th Floor),
Mindspace Business Park Private Limited-SEZ,
TTC Industrial Area, Plot No. 3, Opp. Airoli
Railway Station, Navi Mumbai 400 708
3
LOP No. & Date
1. 
SEEPZ-SEZ/SERENE-THANE/(13)/LOA-
13/2010-11(31)/1411, 
Dated 
24.05.2010
(Original LOA)
2. 
SEZ/SERENE-THANE/(13)/LOA-13/2010-
11(31)/1411/16115, dated 22.04.2016
3. 
SEEPZ-SEZ/NEWEZ/SERENE-
THANE/23/11-12/12566, Date 02.08.2021
4
Item(s) of manufacture/services
Software Development and Services (IT/ITES)

5
Date of commencement of production
22.04.2011
6
LOA Valid upto
21.04.2026
7
Documents submitted by the unit for
setting up of Cafeteria, Gymnasium
and Recreation
The 
applicant 
has 
submitted 
following
documents:
a. Floor layout with highlighted area
b. Fire 
NOC 
issued 
by 
Maharashtra
Industrial Development Corporation
c. NOCs from the Developer;
d. Undertaking
e. Copy of Vendor agreement with canteen
vendor 
(M/s. 
EatGood 
Technologies
Private Limited)
 
The unit vide it’s letter dated 20.09.2025 has stated as under:
            They requested for setting up of Cafeteria, Gymnasium and Recreation in the said building 2
within their SEZ unit located at Mindspace-SEZ.
            As an IT/ITES company with 24x7 operations to support their diversified clients spread across
different geographies with varying time zones, it is essential for their business operation to have
Cafeteria, Gymnasium and Recreation Area within the premises to cater to the needs of their employees
well being.
Further, in accordance with Instruction No. 95 dated 11th June 2019, as stated below:
1. They are not availing any tax or duty exemption on material and/or services required for Cafeteria,
Gymnasium and Recreation Area.
2. They are not availing any exemptions, drawback, concessions or any other benefit under Section 7 or
Section 26 of the SEZ Act for cafeteria of Canteen/Cafeteria withing the premises of the unit.
3. No live cooking activities will be performed in cafeteria. Only microwave/electrical heating equipment’s will
be used.
4. Canteen vendor will not avail any kind of exemptions.
5. The space provided vendor will free of cost to serve food to employees.
6. There would be no negative impact on the export projections due to the presence of 17730 Sq. Ft. these
facilities within the processing zone.
            The Area within premises earmarked for Gymnasium, Recreation and Cafeteria Area is as per below
table:
Sr. No.
Facility
Officer Floor
Detail
Area
(Sq. Ft.
Documents 
/ 
Details
submitted
1
Building 02
4th Floor
Gymnasium
960
NOC 
issued 
by 
the
Developer 
& 
copy 
of
Floor 
plan 
with
Gymnasium 
space
marked.
2
Building 02
8th Floor
Recreation
1250
NOC 
issued 
by 
the
Developer 
& 
copy 
of
Floor plan with Recration
space marked.

3
Building 02
4th and 8th Floor Cafeteria
7740 
&
7780
NOC 
issued 
by 
the
Developer
Copy of Floor plan with
Cafeteria space marked.
Fire 
NOC 
issued 
by
Maharashtra 
Industrial
Development Corporation
Copy 
of 
Vendor
agreement with canteen
vendor 
(M/s. 
EatGood
Technologies 
Private
Limited)
 
Observation:  In response to this office letter dated 18.10.2024, the unit has submitted Fire NOC vide
letter dated 01.04.2025. A copy of the layout, verified and earmarked by the Specified Officer, Mindspace-
SEZ, was not sought from the unit.
 
e. Recommendation: 
 
The application of the unit for Approval for setting up of Cafeteria, Gymnasium and Recreation in their
SEZ Unit located at Mindspace-SEZ, Building No.02, Plot No.3, Opp. Airoli Railway Station, Airoli,
Navi Mumbai-400 708.
Hence, submitted to Approval Committee Meeting for consideration in terms of Rule 11 (5) of the
SEZ Rules, 2006 and MoC&I Instruction No. 95 dated 11.06.2019, item no. 3(a).
 
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/s. Course5 Intelligence Ltd (LOA-55). at Mindspace Business Parks Pvt. Ltd. – SEZ, Airoli,
Navi Mumbai for approval w.r.t. Change in the List of Directors and Shareholding Pattern of their
company.
Approval for Change in the List of Directors and Shareholding Pattern of their company.
    Notification :- 
          Attention is invited to Instruction No. 109 of MOC&I dated 18th October, 2021 stipulates that - “In
supersession of Instruction No. 89 dated 17.05.2018 and Instruction No. 90 dated 03.08.2018 of this
Department on the subject cited above and in exercise of provisions of Section 10(10) of the SEZ Act,
2005, it is hereby conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved
mergers and demergers, change of constitution, change of Directors, etc. of SEZ Developers / Co-
developers as well as SEZ Units shall be as follows:
(i) Reorganization including change of shareholding pattern, business transfer arrangements, court
approved, mergers and demergers, change of constitution, change of Directors etc. may be
undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the
Developer / Co-Developer / Unit shall not opt out or exit out of the SEZ and continues to operate
as a going concern. All liabilities of the Developer / Co-Developer / Unit shall remain unchanged
on such reorganization.

1.
LOP No. & Date
SEEPZ/NEW-SEZ/SERENE-
THANE/55/BMSIPL/2016-17/04351, Dated 02.03.2017
(Original LOA) as amended.
 
SEEPZ/NEW-SEZ/SERENE-
THANE/55/BMSIPL/2016-17/04450, Dated 29.03.2023
(Renewal of LOA)
2.
Item(s) of manufacture/services
Information Technology & Information Technology
Enabled Services namely online data Processing
online Analytics and Online Market research.   
3.
Date 
of 
commencement 
of
production
01.11.2017
4.
LOA Valid upto
30.10.2027
5.
Present location
Unit No. 302. 3rd Floor, Building No.3 Mindspace
Business Parks Pvt. Ltd. – SEZ, Thane- Belapur
Road, Airoli, Navi-Mumbai-400708.
 
The unit vide letter dated 07.04.2025 has requested for Change in Director and Shareholding Pattern of
the Company. The details are as follows:
LIST OF DIRECTORS PRE AND POST
Sr.
No.
List of Directors Pre
List of Directors Post
 
Name of Director
Designation
Name 
of
Director
Designation
1
Ashwin Mittal
Director
Ashwin Mittal
Director
2
Ramesh Mittal
Director
Ramesh Mittal
Director
3
Sheila Mittal
Director
Sheila Mittal
Director
4
Vinati Saraf
Director
Simon Chadwick
Director
5
Simon Chadwick
Director
Kumar Mehta
Director
6
Kumar Mehta
Director
Chetan naik
Director
7
Chetan naik
Director
Pranav Parikh
Director
8
Pranav Parikh
Director
Karthik Badiyani
Director
9
Karthik Badiyani
Director
Bijal Ajinkya
Director
10
Bijal Ajinkya
Director
 
 
 
It is seen form the above there is change in Directors of the company.
LIST OF SHAREHOLDING PATTERN
Sr.
No.
List of Directors Pre
List of Directors Post
 
Name of Director
Designation
Name 
of
Director
Designation
1
Ashwin Mittal
Director
Ashwin Mittal
Director

2
Ramesh Mittal
Director
Ramesh Mittal
Director
3
Sheila Mittal
Director
Sheila Mittal
Director
4
Vinati Saraf
Director
Simon Chadwick
Director
5
Simon Chadwick
Director
Kumar Mehta
Director
6
Kumar Mehta
Director
Chetan naik
Director
7
Chetan naik
Director
Pranav Parikh
Director
8
Pranav Parikh
Director
Karthik Badiyani
Director
9
Karthik Badiyani
Director
Bijal Ajinkya
Director
10
Bijal Ajinkya
Director
 
 
 
It is seen form the above there is change in Shareholding Pattern of the company.
The Unit vide its letter dated 07.04.2025 submitted the following documents :
1. Updated Shareholding Pattern
2. Copies of all the SEZ letters, LOA
3. Copies of ROC forms & resolution relating to shares allotted to Mr. Nitesh Jain.
4. Copies of ROC forms & resolution relating to shares allotted to Mr. Farid Kazani
5. Copies of ROC forms, resolution, valuation report relating to shares allotted ti Mr. Santosh Nair and
Vijay Ramaswamy
6. Copy of ROC forms filed for resignation of Ms. Vinati Saraf
7. Copy of board resolution of cessation of Ms. Vinati Saraf
8. Undertaking in terms of Instruction no. 109 dt. 18.10.2021
e. Recommendation: 
The proposal of the unit for Change in List of Directors and Shareholding Pattern of the Company is
placed before the Approval Committee for consideration in terms of MOC&I Instruction No. 109 dated
18th October, 2021.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
 Proposal of M/s. Course5 Intelligence Ltd (LOA-49) at Mindspace Business Parks Pvt. Ltd. – SEZ, Airoli,
Navi Mumbai for approval w.r.t. Change in the List of Directors and Shareholding Pattern of their
company.
Approval for Change in the List of Directors and Shareholding Pattern of their company.
    Notification :- 
Attention is invited to Instruction No. 109 of MOC&I dated 18th October, 2021 stipulates that - “In
supersession of Instruction No. 89 dated 17.05.2018 and Instruction No. 90 dated 03.08.2018 of this
Department on the subject cited above and in exercise of provisions of Section 10(10) of the SEZ Act,
2005, it is hereby conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved
mergers and demergers, change of constitution, change of Directors, etc. of SEZ Developers / Co-
developers as well as SEZ Units shall be as follows:
(i) Reorganization including change of shareholding pattern, business transfer arrangements, court
approved, mergers and demergers, change of constitution, change of Directors etc. may be
undertaken by the Unit Approval Committee (UAC) concerned subject to the condition that the
Developer / Co-Developer / Unit shall not opt out or exit out of the SEZ and continues to operate
as a going concern. All liabilities of the Developer / Co-Developer / Unit shall remain unchanged
on such reorganization.
1.
LOP No. & Date
SEEPZ/NEW-SEZ/SERENE-THANE/49/2014-
15/13423, Dated 12.11.2014 (Original LOA) as
amended.
 
SEEPZ/NEW-SEZ/SERENE-THANE/49/2014-
15/VOL-I/16443, Dated 24.12.2020 (Renewal of LOA)

2.
Item(s) of manufacture/services
IT Enabled Services, Market Research, Analytics
3.
Date 
of 
commencement 
of
production
31.07.2015
4.
LOA Valid upto
14.12.2029
5.
Present location
Unit No. 2. 8th Floor, Building No.3 Mindspace
Business Parks Pvt. Ltd. – SEZ, Thane- Belapur
Road, Airoli, Navi-Mumbai-400708.
 
The unit vide letter dated 07.04.2025 has requested for Change in Director and Shareholding Pattern of
the Company. The details are as follows:
LIST OF DIRECTORS PRE AND POST
Sr.
No.
List of Directors Pre
List of Directors Post
 
Name of Director
Designation
Name 
of
Director
Designation
1
Ashwin Mittal
Director
Ashwin Mittal
Director
2
Ramesh Mittal
Director
Ramesh Mittal
Director
3
Sheila Mittal
Director
Sheila Mittal
Director
4
Vinati Saraf
Director
Simon Chadwick
Director
5
Simon Chadwick
Director
Kumar Mehta
Director
6
Kumar Mehta
Director
Chetan naik
Director
7
Chetan naik
Director
Pranav Parikh
Director
8
Pranav Parikh
Director
Karthik Badiyani
Director
9
Karthik Badiyani
Director
Bijal Ajinkya
Director
10
Bijal Ajinkya
Director
 
 
 
It is seen form the above there is change in Directors of the company.
 
LIST OF SHAREHOLDING PATTERN
Sr.
No.
 
Pre Shareholding Pattern of the company
Post Shareholding Pattern of the company
 
Name
No of Shares % Share
Capital
Name
No of Shares % Share
Capital
1
Riddhymic Technologies
Pvt Ltd.,
1,87,01,552
18.99
Riddhymic Technologies
Pvt Ltd.,
1,87,01,552
15.33
2
Ashwin Mittal
15,264,174
15.50
Ashwin Mittal
15,264,174
12.51
3
RiddhymicTechnoserve
LLP
24,835,899
25.23
RiddhymicTechnoserve
LLP
24,835,899
20.36
4
AM Family Private Trust
11,849,094
12.03
AM Family Private Trust
11,849,094
9.71

5
Ria Mittal
2,000,000
2.03
Ria Mittal
2,000,000
1.64
6
Sheila Mittal
8
0.00
Sheila Mittal
8
0.00
7
Ramesh Mittal
8
0.00
Ramesh Mittal
8
0.00
8
Kumar Mehta
19,024,732
19.32
Kumar Mehta
19,024,732
15.60
9
Anees Merchant
278,356
0.28
Anees Merchant
278,356
0.23
10
Ajith Sankaran
3,49,157
0.35
AjithSankaran
3,49,157
0.29
11
Prashant Bhatt
87,286
0.09
Prashant Bhatt
87,286
0.07
12
Suchitra Eswaran
174,578
0.18
SuchitraEswaran
174,578
0.14
13
Farid Kazani 
190,000
0.19
FaridKazani 
3,80,000
0.31
14
360 ONE Special
Opportunities Fund – Series
8
1,416,029
1.44
360 ONE Special
Opportunities Fund – Series
8
8174525
6.70
15
360 ONE Monopolistic
Market Intermediaries Fund
849,618
0.86
360 ONE Monopolistic
Market Intermediaries Fund
4904715
4.02
16.
Nuvama Crossover
Opportunities fund – series
III
777,909
0.79
Nuvama Crossover
Opportunities fund – series
III
4490757
3.68
17.
Nuvama Crossover
Opportunities fund –
series III A
586,802
0.60
Nuvama Crossover
Opportunities fund –
series III A
3387523
2.78
18
Nuvama Crossover
Opportunities fund –
series III B
504,447
0.51
Nuvama Crossover
Opportunities fund –
series III B
2912094
2.39
19
360 ONE Large Value Fund
– series 2
56,641
0.06
– series 2
326981
0.27
20
– series 4
33,984
0.03
– series 4
196188
0.16
21
– series 10
135,939
0.14
– series 10
784755
0.64
22
– series 11
56,641
0.06
– series 11
326981
0.27
23
– series 12
56,641
0.06
– series 12
326981
0.27
24
Carneline Assets
Management LLP
471,979
0.48
Carneline Assets
Management LLP
911603
0.75
25
Carneline Structural shift
Management LLP
325,106
0.33
Carneline Structural shift
fund
834375
0.68
26
Elpro International Limited
153,285
0.16
Elpro International Limited
335864
0.28
27
Alufit India Pvt. Limited
153,285
0.16
Alufit India Pvt. Limited
335764
0.28
28
Aziza Malik Family Trust
61,314
0.06
Aziza Malik Family Trust
134305
0.11
29
Monika Garware
61,314
0.06
Monika Garware
134305
0.11
30
 
 
 
Nitesh Kumar jain
75000
0.06
31
 
 
 
Vijay Ramaswamy
215000
0.18
32
 
 
 
Santosh Nair
215000
0.18
 
Total
98,455,778
100%
Total
121967460
100%
 
It is seen form the above there is change in Shareholding Pattern of the company.

The Unit vide its letter dated 07.04.2025 submitted the following documents :
1. Updated Shareholding Pattern
2. Copies of all the SEZ letters, LOA
3. Copies of ROC forms & resolution relating to shares allotted to Mr. Nitesh Jain.
4. Copies of ROC forms & resolution relating to shares allotted to Mr. Farid Kazani
5. Copies of ROC forms, resolution, valuation report relating to shares allotted ti Mr. Santosh Nair and
Vijay Ramaswamy
6. Copy of ROC forms filed for resignation of Ms. Vinati Saraf
7. Copy of board resolution of cessation of Ms. Vinati Saraf
8. Undertaking in terms of Instruction no. 109 dt. 18.10.2021
e. Recommendation: 
The proposal of the unit for Change in List of Directors and Shareholding Pattern of the Company is
placed before the Approval Committee for consideration in terms of MOC&I Instruction No. 109 dated
18th October, 2021.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M /s. GeBBS Healthcare Solutions Private Limited. (LOA-58) for Change in Shareholding Pattern of
the Company and change in the list of Board of Directors.
    Notification :- 
 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10) of the
SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and
demergers, change of constitution, change of Directors, etc of SEZ Developers/Co-Developers as well as SEZ
unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer arrangement,
court approved mergers and demergers, change of constitution, change of Directors etc. may be undertaken by
Unit Approval Committee concerned subject to condition that the Developer/Co-Developer/Units shall not opt out
or exit out of the Special Economic Zone and continues to operate as a going concern.  All liabilities of the
Developer/Co-Developer will remain unchanged on such re-organization.”
1.
Name of the Unit
M /s. GeBBS Healthcare Solutions Private Limited. (LOA-
58)
2.
Unit No. 301, 1st & 3rd Floor, Bldg No. 03, Sub plot 5,
Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli, Navi
Mumbai-400708
3.
LOA No. & Date
SEEPZ /NEW-SEZ/MINDSPACE-
AIROLI/58/GHSPL/2018-19/23131 Dated
24.09.2018
4.
Item of Manufacture/Service
IT Enabled Services:
a. Revenue Accounting (Receivable)
b. Medical Transcription
c. Insurance Claim Processing
d. Data Processing
e. Back Office Operations
5.
04.01.2019

6.
Validity of LOA
03.01.2029
 
*This office letter dated 18.02.2025 had already approved change in shareholding pattern of the company
considered & approved in the 132nd Approval Committee as per their application dated 19.11.2024. Now,
the unit states that further changes in the shareholding pattern of the company is due to allotment of
additional equity capital to the existing equity shareholder of the company.
 
Sr.
No.
Name & Address of
the Shareholder
PAN
Pre Approval-Shareholding
Pattern
Post Approval-Shareholding
Pattern
 
 
 
No. of Shares
Percentage
Holding
No of Shares
Percentage
Holding
1
Citron Investments
Limited, Suite 504,
5th Floor, St James
Court, Port Louis
11328, Mauritius
AAHCC5614L
30,76,445
99.19%
31,89,940
99.22%
5
Mr. Milind Godbole, D
1203, Lake Lucerene,
Lake Homes Phase
3, Powai, Mumbai,
Maharashtra-400076,
India
AEHPG9675A
25,232
0.81%
25,232
0.78%
 
Total
 
31,01,677
100%
32,15,172
100%
 
*There is Change in Shareholding Pattern of the company.
Details of the Directors of M /s. GeBBS Healthcare Solutions Pvt. Ltd.
 
Existing List of Directors
Sr. No.
Name of the Person
Designation
Date of Appointment
1.
MILIND RAMAN GODBOLE
CEO & Managing Director
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
ELLIOT T, JOSEPH
Director
17.04.2023
4.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
5.
HARI GOPALAKRISHNAN
Director
22.11.2024
 
Proposed List of Directors and change in the composition of board
Sr. No.
Name of the Person
Designation
 
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
4.
HARI GOPALAKRISHNAN
Director
22.11.2024

5.
ANIL KUMAR CHANANA
Independent-Non-Executive
28.02.2025
 
 
1. Board Resolution – Addition of New Directors.
2. Copy of CA certified Board of Directors list (Existing & Proposed) with New Directors, Form
DIR-12,
3. Board Resolutions copy of change in shareholding pattern dated 22.11.2024.
4. Undertaking in terms of Instruction No. 109 dated 18.10.2021.
e. Recommendation: 
Proposal of M /s. GeBBS Healthcare Solutions Pvt. Ltd. (LOA-58) located at Mindspace Business Parks Pvt. Ltd. –
SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors & Change in the Shareholding Pattern
of the Company in terms of MoC&I Instruction No. 109 dated 18.10.2021 is submitted before the Approval
Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M/s. GeBBS Healthcare Solutions Private Limited (LOA-03) for Change in Shareholding Pattern of
the Company and change in the list of Board of Directors.
    Notification :- 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10) of the
SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and
demergers, change of constitution, change of Directors, etc of SEZ Developers/Co-Developers as well as SEZ
unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer arrangement,
court approved mergers and demergers, change of constitution, change of Directors etc. may be undertaken by
Unit Approval Committee concerned subject to condition that the Developer/Co-Developer/Units shall not opt out
or exit out of the Special Economic Zone and continues to operate as a going concern.  All liabilities of the
Developer/Co-Developer will remain unchanged on such re-organization.”
1.
Name of the Unit
M/s. GeBBS Healthcare Solutions Private Limited. (LOA-
03)
2.
Unit No. 1, 1st Office Level, Bldg No. 03, Mindspace,
Thane – Belapur Road, Airoli, Mumbai City, Navi
Mumbai, Maharashtra, India – 400708
3.
LOA No. & Date
SEZ/SERENE-THANE/03/LOA-03/2008-09/696
4.
Item of Manufacture/Service
IT Enabled Services:
a. Revenue Accounting (Receivable)
b. Medical Transcription
c. Insurance Claim Processing
d. Data Processing
e. Back Office Operations
5.
10.08.2009
6.
Validity of LOA
09.08.2029

*This office letter dated 18.02.2025 had already approved change in shareholding pattern of the company
considered & approved in the 132nd Approval Committee as per their application dated 19.11.2024. Now,
the unit states that further changes in the shareholding pattern of the company is due to allotment of
additional equity capital to the existing equity shareholder of the company.
 
 
Sr.
No.
Name & Address of
the Shareholder
PAN
Pre Approval-Shareholding
Pattern
Post Approval-Shareholding
Pattern
 
 
 
No. of Shares
Percentage
Holding
No of Shares
Percentage
Holding
1
Citron Investments
Limited, Suite 504,
5th Floor, St James
Court, Port Louis
11328, Mauritius
AAHCC5614L
30,76,445
99.19%
31,89,940
99.22%
5
Mr. Milind Godbole, D
1203, Lake Lucerene,
Lake Homes Phase
3, Powai, Mumbai,
Maharashtra-400076,
India
AEHPG9675A
25,232
0.81%
25,232
0.78%
 
Total
 
31,01,677
100%
32,15,172
100%
 
There is Change in Shareholding Pattern of the company.
 
Details of the Directors of M /s. GeBBS Healthcare Solutions Pvt. Ltd.
 
Existing List of Directors
Sr. No.
Name of the Person
Designation
Date of Appointment
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
ELLIOT T, JOSEPH
Director
17.04.2023
4.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
5.
HARI GOPALAKRISHNAN
Director
22.11.2024
 
Proposed List of Directors and change in the composition of board
Sr. No.
Name of the Person
Designation
 
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
4.
HARI GOPALAKRISHNAN
Director
22.11.2024
5.
ANIL KUMAR CHANANA
Independent-Non-Executive
28.02.2025

1. Board Resolution – Addition of New Directors.
2. Copy of CA certified Board of Directors list (Existing & Proposed) with New Directors, Form
DIR-12,
3. Board Resolutions copy of change in shareholding pattern dated 22.11.2024.
4. Undertaking in terms of Instruction No. 109 dated 18.10.2021.
e. Recommendation: 
Proposal of M /s. GeBBS Healthcare Solutions Pvt. Ltd. (LOA-03) located at Mindspace Business Parks Pvt. Ltd. –
SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors & Change in the Shareholding Pattern
of the Company in terms of MoC&I Instruction No. 109 dated 18.10.2021 is submitted before the Approval
Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M /s. GeBBS Healthcare Solutions Private Limited. (LOA-33) for Change in Shareholding Pattern of
the Company and change in the list of Board of Directors.
    Notification :- 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10) of the
SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and
demergers, change of constitution, change of Directors, etc of SEZ Developers/Co-Developers as well as SEZ
unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer arrangement,
court approved mergers and demergers, change of constitution, change of Directors etc. may be undertaken by
Unit Approval Committee concerned subject to condition that the Developer/Co-Developer/Units shall not opt out
or exit out of the Special Economic Zone and continues to operate as a going concern.  All liabilities of the
Developer/Co-Developer will remain unchanged on such re-organization.”
1.
Name of the Unit
M /s. GeBBS Healthcare Solutions Private Limited. (LOA-
33)
2.
Unit No. 401, 4th Office Level, Bldg No. 05 & 06,
Mindspace Business Parks Pvt. Ltd.-SEZ, Thane
Belapur Road, Airoli, Navi Mumbai-400708
3.
LOA No. & Date
SEEPZ-SEZ/NEWSEZ/SERENE-THANE/33/2011-
12/1094 dated 20.01.2012
  4.
Item of Manufacture/Service
IT Enabled Services:
a. Revenue Accounting (Receivable)
b.Medical Transcription
c. Insurance Claim Processing
d. Data Processing
e. Back Office Operations
5.
01.10.2013
6.
Validity of LOA
30.09.2027

*This office letter dated 18.02.2025 had already approved change in shareholding pattern of the company
considered & approved in the 132nd Approval Committee as per their application dated 19.11.2024. Now,
the unit states that further changes in the shareholding pattern of the company is due to allotment of
additional equity capital to the existing equity shareholder of the company.
 
Sr.
No.
Name & Address of
the Shareholder
PAN
Pre Approval-Shareholding
Pattern
Post Approval-Shareholding
Pattern
 
 
 
No. of Shares
Percentage
Holding
No of Shares
Percentage
Holding
1
Citron Investments
Limited, Suite 504,
5th Floor, St James
Court, Port Louis
11328, Mauritius
AAHCC5614L
30,76,445
99.19%
31,89,940
99.22%
5
Mr. Milind Godbole, D
1203, Lake Lucerene,
Lake Homes Phase
3, Powai, Mumbai,
Maharashtra-400076,
India
AEHPG9675A
25,232
0.81%
25,232
0.78%
 
Total
 
31,01,677
100%
32,15,172
100%
 
*There is Change in Shareholding Pattern of the company.
Details of the Directors of M /s. GeBBS Healthcare Solutions Pvt. Ltd.
 
Existing List of Directors
Sr. No.
Name of the Person
Designation
Date of Appointment
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
ELLIOT T, JOSEPH
Director
17.04.2023
4.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
5.
HARI GOPALAKRISHNAN
Director
22.11.2024
 
Proposed List of Directors and change in the composition of board
Sr. No.
Name of the Person
Designation
 
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
4.
HARI GOPALAKRISHNAN
Director
22.11.2024
5.
ANIL KUMAR CHANANA
Independent-Non-Executive
28.02.2025

1. Board Resolution – Addition of New Directors.
2. Copy of CA certified Board of Directors list (Existing & Proposed) with New Directors, Form
DIR-12,
3. Board Resolutions copy of change in shareholding pattern dated 22.11.2024.
4. Undertaking in terms of Instruction No. 109 dated 18.10.2021.
e. Recommendation: 
Proposal of M /s. GeBBS Healthcare Solutions Pvt. Ltd. (LOA 33) located at Mindspace Business Parks Pvt.
Ltd. – SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors & Change in the
Shareholding Pattern of the Company in terms of MoC&I Instruction No. 109 dated 18.10.2021 is submitted
before the Approval Committee for consideration.
*************************************************

 
**************
 
 
-----------------------
a. Proposal : 
Proposal of M /s. GeBBS Healthcare Solutions Private Limited. (LOA-42) for Change in Shareholding Pattern of
the Company and change in the list of Board of Directors.
    Notification :- 
17.05.2018 of their Department on the subject cited above and in exercise of provisions of Section 10(10) of the
SEZ Act, 2005, it is hereby  conveyed that the guidelines for approval in the cases of reorganization including
change of name, change of shareholding pattern, business transfer arrangements, court approved mergers and
demergers, change of constitution, change of Directors, etc of SEZ Developers/Co-Developers as well as SEZ
unit shall be as follows. 
“ Re-organization including change of name, change of shareholding pattern, business transfer arrangement,
court approved mergers and demergers, change of constitution, change of Directors etc. may be undertaken by
Unit Approval Committee concerned subject to condition that the Developer/Co-Developer/Units shall not opt out
or exit out of the Special Economic Zone and continues to operate as a going concern.  All liabilities of the
Developer/Co-Developer will remain unchanged on such re-organization.”
1.
Name of the Unit
M /s. GeBBS Healthcare Solutions Private Limited. (LOA-
42)
2.
Unit No. 301, 3rd Office Level, Bldg No. 05 & 06,
Mindspace Business Parks Pvt. Ltd.-SEZ, Thane
Belapur Road, Airoli, Navi Mumbai-400708
3.
LOA No. & Date
SEEPZ/NEW-SEZ/SERENE-THANE/42/2014-
15/5849 dated 15.05.2014
4.
Item of Manufacture/Service
IT Enabled Services:
a. Revenue Accounting (Receivable)
b. Medical Transcription
c. Insurance Claim Processing
d. Data Processing
e. Back Office Operations
5.
01.04.2015
6.
Validity of LOA
31.03.2025

*This office letter dated 18.02.2025 had already approved change in shareholding pattern of the company
considered & approved in the 132nd Approval Committee as per their application dated 19.11.2024. Now,
the unit states that further changes in the shareholding pattern of the company is due to allotment of
additional equity capital to the existing equity shareholder of the company.
 
Sr.
No.
Name & Address of
the Shareholder
PAN
Pre Approval-Shareholding
Pattern
Post Approval-Shareholding
Pattern
 
 
 
No. of Shares
Percentage
Holding
No of Shares
Percentage
Holding
1
Citron Investments
Limited, Suite 504,
5th Floor, St James
Court, Port Louis
11328, Mauritius
AAHCC5614L
30,76,445
99.19%
31,89,940
99.22%
5
Mr. Milind Godbole, D
1203, Lake Lucerene,
Lake Homes Phase
3, Powai, Mumbai,
Maharashtra-400076,
India
AEHPG9675A
25,232
0.81%
25,232
0.78%
 
Total
 
31,01,677
100%
32,15,172
100%
 
*There is Change in Shareholding Pattern of the company.
Details of the Directors of M /s. GeBBS Healthcare Solutions Pvt. Ltd.
 
Existing List of Directors
Sr. No.
Name of the Person
Designation
Date of Appointment
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
ELLIOT T, JOSEPH
Director
17.04.2023
4.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
5.
HARI GOPALAKRISHNAN
Director
22.11.2024
 
Proposed List of Directors and change in the composition of board
Sr. No.
Name of the Person
Designation
 
1.
01.04.2013
2.
AKSHAT BABBAR
Director
03.12.2018
3.
VIJAY MUKUND KUMAR
RAGHAVAN
Director
22.11.2024
4.
HARI GOPALAKRISHNAN
Director
22.11.2024
5.
ANIL KUMAR CHANANA
Independent-Non-Executive
28.02.2025
 

1. Board Resolution – Addition of New Directors.
2. Copy of CA certified Board of Directors list (Existing & Proposed) with New Directors, Form
DIR-12,
3. Board Resolutions copy of change in shareholding pattern dated 22.11.2024.
4. Undertaking in terms of Instruction No. 109 dated 18.10.2021.
e. Recommendation: 
Proposal of M /s. GeBBS Healthcare Solutions Pvt. Ltd. (LOA-42) located at Mindspace Business Parks Pvt. Ltd. –
SEZ Airoli, Navi Mumbai for change in Composition of Board of Directors & Change in the Shareholding Pattern
of the Company in terms of MoC&I Instruction No. 109 dated 18.10.2021 is submitted before the Approval
Committee for consideration.
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**************
 
 
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a. Proposal : 
Application of M /s. Accenture Solutions Private Limited, at Mindspace – SEZ for partial deletion of Area of 1,39,194 Sq. ft.
with revision in projections from already existing SEZ Unit located at Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli,
Navi Mumbai – 400708
Approval w.r.t. partial deletion of Area of 1,39,194 Sq. ft. from already existing SEZ Unit located at Mindspace Business
Parks Pvt. Ltd.-SEZ, Airoli, Navi Mumbai – 400708 with revision in projections.
    Notification :- 
In terms of Rule 19(2) of SEZ Rules, 2006 states that – “Provided that the     Approval Committee may also approve
proposals for broad-banding, diversification, enhancement of capacity of production, change in the items of manufacture
or services activity, if it meets the requirement of rule 18”
1
Name of the Unit
M /s. Accenture Solutions Private Limited
2
Present location
Bldg No. 12, Mindspace Business Parks Pvt. Ltd., IT-
ITES SEZ, Mindspace, Kalwa TTC Industrial Area,
Airoli, Navi Mumbai-400708
Admeasuring Area – 3,26,033 Sq. ft.
3
LOA No. & Date
SEZ/SERENE-THANE/(20)/LOA-20/2010-11/(38)/3706
Dated 04.08.2010 (Original LOA)
4
Items of Manufacture/Service
Computer Software and IT Enabled Services
5
Date of Commencement of Production
06.01.2011
6
LOA valid upto
05.01.2026
7
Proposed Deletion of area
Entire 05th, 06th Office Premises, & Entire 7TH Office
Premises on Eighth Level, certain Service area on the
Stilt Level, Certain Service area on the first level and
main lobby on stilt level of Bldg No. 12, Mindspace
Business Parks Pvt. Ltd., IT-ITES SEZ, Mindspace,
Kalwa TTC Industrial Area, Airoli, Navi Mumbai-400708
Admeasuring Area – 1,39,194 Sq. ft.
8
Whether copy of No Objection Certificate/ No
Dues Certificate from the Developer is
submitted or not?
 
Yes

9
Whether copy of No Dues Certificate from the
Specified Officer is submitted or not?
No. Vide letter dated 03.01.2025, this office had
intimated to the unit to comply to this office with NDC
from SO, Mindspace. They have informed, they are in
process of it.
10
Whether the unit has submitted the revised
projection in respect of additional location.
Yes
11
Documents/Details submitted by Unit
a. NOC from Developer
b. Notice of termination
c. SEZ Online Application Copy
 
 
The unit has stated, vide their letter dated 04.12.2024 as under:
 
Existing Projections:
 
1st year
(2021-22)
2nd year
(2022-23)
3rd  year
(2023-24)
4th year
(2024-25)
5th year
(2025-26)
TOTAL (RS. IN
LAKHS)
FOB Value of
Exports
1,10,904.00
1,10,904.00
1,10,904.00
1,10,904.00
1,10,904.00
5,54,520.00
FOB Outgo
7,054.00
6,783.00
7,457.00
7,172.00
10,254.00
38,720.00
Net Foreign
Exchange
1,03850.00
1,04,121.00
1,03,447.00
1,03,732.00
1,00,650.00
5,15,800.00
Revised projections:
 
 
1st year
(2021-22)
2nd year
(2022-23)
3rd  year
(2023-24)
4th year
(2024-25)
5th year
(2025-26)
TOTAL (RS. IN
LAKHS)
FOB Value of
Exports
1,10,904.00
1,10,904.00
1,10,904.00
1,10,904.00
47,128.00
4,90,744.00
FOB Outgo
7,054.00
6,783.00
7,457.00
7,172.00
1,819.00
30,285.00
Net Foreign
Exchange
1,03850.00
1,04,121.00
1,03,447.00
1,03,732.00
45,309.00
4,60,459.00
 
Employment details:
 
Existing
Proposed after deletion
Employment
Men
7,421
1,450
Women
3,180
1,393

Investment of CG details:
 
Existing
Proposed after deletion
Investment
Indigenous
14,934.92
9,060.17
Import
10,994.00
6,966.46
 
 
Investment (In Lakhs) & Employment
 
Description
Approved 
(existing)
Projection
For five years 2021-22 to
2025-26
Approved (existing)  Projection
for 1 year i.e. 2025-26 
Proposed Projection for 1
year i.e. 2025-26 
Investment of CG
 
a) Indigenous
14,934.92
7,476.93
1,450
b) Import
10,994.00
4,708.52
1,393
Investment of Input
Services
 
a) Indigenous
1,11,996.98
 
 25,972.56
90,570.70
b) Import
5,894.58
1,366.98
4,766.88
FOB value of Exports
5,54,520.00
1,10,904.00
47,128.00
Foreign Exchange
Outgo
38,720.00
10,254.00
1,819.00
NFE
 
5,15,800.00
1,00,650.00
45,309.00
Direct Employment
generated
Men
Women
Men
Women
Men
Women
7,421
3,180
7,421
3,180
1,450
1,393
 
 
 
  
 
  
 
The details of existing and revised area of operations are as under:
Address & Area
Existing
Proposed for deletion
Revised 
area 
Post 
partial
deletion
Bldg 
No. 
12, 
Mindspace
Business Parks Pvt. Ltd., IT-
ITES SEZ, Mindspace, Kalwa
TTC Industrial Area, Airoli,
Navi Mumbai-400708
Entire 05th, 06th Office Premises, &
Entire 7th Office Premises on Eighth
Level, certain Service area on the
Stilt Level, Certain Service area on
the first level and main lobby on stilt
level of Bldg No. 12, Mindspace
Business Parks Pvt. Ltd., IT-ITES
SEZ, 
Mindspace, 
Kalwa 
TTC
Industrial Area, Airoli, Navi Mumbai-
400708
Ground to Fifth Level (Ground
Floor, 1st to 4th Office Premises),
Bldg No. 12, Mindspace Business
Parks Pvt. Ltd., IT-ITES SEZ,
Mindspace, Kalwa TTC Industrial
Area, Airoli, Navi Mumbai-400708

Admeasuring Area- 3,26,033
Sq. ft.
Admeasuring Area-
1,39,194 Sq. ft.
Admeasuring Area- 1,86,839 Sq.
ft.
e. Recommendation: 
The unit has not submitted No Dues Certificate from the Specified Officer, Mindspace-SEZ, therefore approval may be
granted subject to submission of the same to this office. The application of M /s. Accenture Solutions Private Limited, at
Mindspace – SEZ for partial deletion of Area of 1,39,194 Sq. ft. with revision in projections from already existing SEZ
Unit located at Mindspace Business Parks Pvt. Ltd.-SEZ, Airoli, Navi Mumbai – 400708 is submitted to Approval
Committee meeting for consideration in terms of Rule19(2) of SEZ Rules, 2006.
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