Minutes of Approval Committee held on 07.08.2024

'T2?T1 Minutes of 128'h
Meeting of Uhe 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
07.08.2024,

at Second

Floor

SEEPZ

Service Centre, SEEPZ SEZ, Mtunbai.

1. Name of the SEZ
2. Sector
3. Meeting no
4. Date Present: Members /Invitees: M/s. Mindspace Business Parks Pvt. Ltd. IT/ITES 128" 07.08.2024 Sr. Name

of nosinnatinn Orrianizatinn No. Members

---5--------

• Q -----

I 4 @. =h. w.
Shri. C. P. S. Chauhan '$h. fGcbia 311qt, Jt. Development Commissioner, '-i SEEPZ-SEZ. 2 4 !z< qfililm< Shri. Leider Panicker mp

Joint
Commissioner Income Tax ,., $,
, Nominee

of Commissioner

of Income Tax office, Mumbai. *. fMsr w

rs_l___

, "1 % -mii 3 -=0

a- a' 8

a o =- Shri. Himanshu Dhar Pandey 'ffl keTffi 4 Deputy Director DGFT Nominee

of
the Additional

DGFT, Mumbai. 4 fflsffl 7-is <gia Smt. Poonam Darade oqPayich oa')ii Deputy

Director Industries ',

€ #l< i -iifi'iffli Nominee

of
DC Industries, Government

of Maharashtra. nnri !1 _ l_

.

_ '

:grp, -, ff ", ':, 8 % -r@* 5 "41'l(-It 'II<l <l'lCp'!Jl-1. Smt. Meera Ramkrishnan, p ffi a 3TTp Assistant

Commissioner of Customs Nominee

of Commissioner

of Customs,

General,

Air

Cargo,

Sahar, Mumbai.

_

.('1.
. .... (" l
. 6 -A. mrq " Dr. Prasad Varwantkar m, mm

, ail-x-qaqx,s Dy.
Development Commissioner,

SEEPZ- SEZ
_ _

__f

7 *. .w.'i. tr Shri. R.K. Jain T 3'TTff, k-4 Specified Officer, SEEPZ- SEZ Wf! ai4!Thci a<n: Special Invitee: Smt.

Rekha

Nair,

ADC

(New SEZ),

Shri.
c.s.
Bhandari,

ADC (New

SEZ)

&
Shri.

Manish Kumar,

ADC

(New

SEZ),

also attended

for
assistance

and smooth

functioning

of the meeting. Agenda Item No. 01: Confinnation of Minutes of the 127'h meeting held on 18.07 .2024. The Minutes of the 127fh Meeting held on 18.07.2024 were confirmed with consensus. Agenda

Item

No.

02 : Application

of
M/s.

eClerx Seces

Limited

at Mindspace-SEZ

for

capacity enhancement

on
addition

of location

admeasuring

44,047 Sqft.

located

at Unit No. 101, ISt
office

floor

level,

2 nd building,

Building

No.

11, Mindspace

Business

Parks Pvt. Ltd.-SEZ, Thane Belapur Road,

Airoli,

Navi

Mtunbai- 400708 in the Existing LOA. M/s. eClerx Services Limited. lias
requested

for capacity

enhancement

on
addition

of location

admeasuring

44,047 Sqft.. located at Unit No. 101, Ist office floor level, 2nd building, Building

No.
11,
Mindspace Business

Parks

Pvt.
Ltd.-SEZ, Thane Belapur Road, Airoli, Navi Mumbai-400708 in the Existing LOA with revision in projections. A.
E'fflstinn and

Revised Prriier:tions: Sr. No Item Existing Projections Revised Projections 1. Employment Men Women Men Women 3500 1830 4477 1920 TOTAL : 5330 6397 B. Dst.afls of Existirin & Proncised Investtnent Sr. No. Item Approved projections

for 5 year

i.e. 2020-21

to 2024-25 Approved Projections

3 years

due Addition

of Location

i.e. 2022-23 to 2024- 25 Proposed projections

for
1 year

due
to addition of 2024-25 1. Employment Men Women Men Women Men Women 3400 1795 3500 1830 4477 1920 2. Investment- Plant

and Machinery (Rs.
In Lakhs) (i) Indigenous 1300.00 2500.00 700.00 (ii) Imported 3550.00 5500.00 1200.00 Total Investment Plant

and Machinery 4850.00 8000.00 igoo.oo Machinery 3. Import

and Indigenous requirement of
material and
other inputs (Rs. In Lakhs)

(i) Imported Capital goods 3550.00 5500.00 1200.00 (ii) Indigenous Capital goods 1300.00 2500.00 700.00 Total 4850.00 8000.00 igoo.oo 4 Services (Rs. In lakhs) (i) Imported Services 61634.00 78669.77 33722.40 (ii) Indigenous Services 81297.00 95000.00 No revision 5. FOB

Value of
Exports (Rs.
In Lakhs) 282017.00 258200.00 120997.56 6. *Foreign Exchange outgo

(Rs.
In Lakhs) 65184.00 54549.40 33842.40 "7': "' Net Foreign Exchange Earnings (Rs. In Lakhs) 216833.00 203650.60 87155.16 C. Projecticins : Sr. No. a

tions Approved projections

for I
year

i.e. 2024-25 (Rs. in lakhs) iProposed iprojections
for il year
on iaddition
of location

i.e. 2024-25 (Rs. in lakhs) I FOB
Value of Exports (Rs. In Lakhs) 95750.00 120997.56 2 Foreign Exchange

outgo (Rs. In Lakhs) 18300.00 33842.40 3 N'e't"" "'Pore7gn ' Exchange Earnings (Rs. In Lakhs) 77450.00 87155.16 D. Revised Area and Location:

Level,

3rd
Floor,

Unit No. 301, 3rd office level, 4th
floor,

Unit

no. 401,4th office level,
unit no. 501 5th
office
level, unit
no. 601, 6th
office level,

Building

No. 11, Unit No. 701,
7th
office level, building no. 9, plot no. 3 (part) (Incubation space),

Mindspace Business parks Pvt. Ltd.- SEZ,
Thane

Belapur Road,

Airoli,

Navi Mumbai

• 4000708 Office Floor Level, 2nd Building,

Building

No. 11,
Mindspace Business

parks

Pvt. Ltd,-SEZ,

Thane Belapur

Road,

Airoli, Navi Mumbai-400708 Office floor level,
2nd Building,

Unit

No. 201,
2nd Office Level, 3rd
Floor,

Unit

No. 301, 3rd
office level, 4th
floor,

Unit

no. 401,4th

office

level, unit no. 501 5th office level, unit no. 601, 6th office

level,

Building No. 11,
Unit No. 701, 7th
office

level, building no. 9, plot no. 3 (part)

(Incubation space),

Mindspace Business

parks

Pvt. Ltd.-SEZ,

Thane Belapur Road,

Airoli, Navi

Mumbai

400708 Total

Area

2,67,039 Sq. ft. Total

Area : 44,047 Sq. ft. Total area:
3,11,086 sq. ft (2,67,039 sq. ft.

• 44,047 sq. ft. ) 007081 Decision:-

After

deliberation,

the Committee

approved the proposal of M/s. eClerx Services Limited for Capacity enhancement on addition of location admeasuring 44,047 sq ft. located at Unit No. 101,

ISt office

floor

level,

2nd building, Building

No.
11,
Mindspace Business

Parks

Pvt.
Ltd.-SEZ, Thane
Belapur

Road,
Airoli,

Navi Mumbai-400708

in
the
Existing LOA. Committee

also
directed the
DDC to examine the FE outgo in the details for
last
years as the FE outgo appeared exceptionally high as compared

with
other
IT/ITES units.

The
report

should

be submitted to DC within two weeks till
the
report

submission.

The Committee approved the FE outgo upto a limit of one year average on proportionate

basis

of
total

FE outgo
of last 5 years.

Further,

if

required,

the
Committee will visit again to amend the LOA as per the DDC's report. I thanks to the Chair.