Supplementary Agenda II for 71st Meeting of the BoA for SEZ to be held on 22nd June, 2016

Supplementary Agenda II for the 71° meeting of the Board of Approval to be held on 22™ June, 2016, in the Room No. 47, Udyog Bhawan, New Delhi

Item No. 71.13. : Requests for co-developer

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(i) Request of M/s. Intelligent Community Management Private Limited for codeveloper in the sector specific SEZ for IT/ITES at Chokkanahalli Village, Bengaluru, Karnataka, being developed by M/s. Milestone Buildcon Pvt. Ltd.

The above mentioned SEZ stands notified over an area of 10.117 hectares.

M/s. Intelligent Community Management Pvt. Ltd. has submitted a proposal for becoming a co-developer in the aforesaid SEZ for making infrastructural facilities/O&M activities in the entire SEZ.

been Co-developer agreement dated 7" April, 2016 entered into with the developer has 20 provided. Sub Lease Deed dated 9" April, 2016 has also been provided. Lease period is years. The co-developer shall pay Rs. 100,000 as a rent per month to the Developer during the term of this agreement. The above amount would be exclusive of Service Tax and subject to withholding taxes, if applicable

DC CSEZ has recommended the proposal

The request of the co-developer is submitted for consideration of BoA.

Item No. 71.14: Proposals for setting up of SEZs

(i) Request of M/s. Wipro Limited for setting up of sector specific SEZ for IT/ITES at Rajarhat, Kolkata, over an area of 19.76 hectares.

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----- Start of picture text -----<br> S. Name of the Location Area Land State Govt. Status of<br>No Developer (in ha) Possession | Recommen- | application<br>(i) dation<br>| M/s. Wipro Limited | Rajarhat, IT/ITES 19.76 Yes No New<br>Kolkata<br>----- End of picture text -----<br>

DC FSEZ has recommended for in-principle approval.

State Government’s Recommendation awaited.

The proposal of the developer is submitted for consideration of BoA.

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----- Start of picture text -----<br> (ii) | Request of M/s. Embassy Property Developments Private Limited for setting up<br>of sector specific SEZ for IT/ITES at Outer Ring Road, Rachenahalli Village,<br>Bangalore, Karnataka, over an area of 2.5906 hectares.<br>S. Name of the Location Area Land State Govt. Status of<br>No Developer (in ha) | Possession | Recommen application<br>(i) -dation<br>| M/s. Embassy Outer Ring Road, IT/ITES 2.5906 Yes No New<br>Property Rachenahalli Village,<br>Developments Bangalore, Karnataka<br>Private Limited<br>----- End of picture text -----<br>

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DC CSEZ has recommended the proposal.

State Government’s Recommendation awaited.

The proposal of the developer is submitted for consideration of BoA.

Item No. 71.15 : Cancellation of Formal Approvals

In terms of Rule 6(2)(a) of SEZ Rules, Formal Approval is valid for a period of three years by which time at least one unit has to commence production and the SEZ becomes operational from the date of commencement of such production. Proviso to this rule provides for extension of this Formal Approval by Board of Approval, for which the Developer will submit his application in Form C1 to the concerned DC, who shall, within 15 days forward it to the Board with his recommendations.

|Sr.||Name<br>of|the ||Sector|Dateof|
|---|---|---|---|---|
|No.|| Developer/co-|||formal|
||developer|||approval|
||M/s.<br>Devbhumi | <br>Realtors<br>Private||IT/ITES | 30.10.2008 | VSEZ | The formal approval granted to the developer<br>and<br>has expiredon29.10.2011.||
||Limited (Sy. No. | <br>83/1,<br>Raidurg |Hardware<br>Panmakhtha<br>Village,<br>Serilingampally||Electronic<br>Hardware<br>and<br>Software|The developer vide<br>letter dated 26.03.2013<br>requested DoC for cancellation of the formal<br>approval due to unfavorable market condition.<br>The request ofthe developer for cancellation of|
||Mandal,<br>Ranga|||earlier formal approval has been recommended|
||Reddy _ District,|||by VSEZ vide letter dated 08.06.2016 after|
||Telangana)|||receipt ofthe NoC from the State Government|
|||||on 19.05.2016.|
|||||The<br>State<br>Government<br>vide<br>letter<br>dated|
|||||19.5.2016<br>has<br>stated<br>that<br>after<br>careful|
|||||examination has agreed with the proposal for|
|||||cancellation of M/s. Devbhumi<br>Realtors<br>Pvt.|
|||||Ltd. over an area of25 acres.|
|||||DC VSEZ has recommended for cancellation of|
|||||formal approval.|
|||||The developerthroughDC,VSEZ has also sent|
|||||a proposal for setting up of IT/ITES SEZ in 5|
|||||acres, outofthe25 acresbeing cancelled.|
|||||That<br>proposal<br>will<br>be<br>considered<br>after<br>all|
|||||formalities leading to cancellation offormal of|
|||||25acresarecompleted.|

The proposal is placed before BoA for its consideration.

KKKKK KK

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