KSITIL SPECIAL ECONOMIC ZONE KORATTY

15TH MEETING (4/2017) OF APPROVAL COMMITTEE

Date : 23.11.2017

Time : 3.00 pm

Venue : Conference Hall, CSEZ Administration Bldg., Kakkanad, – 682 037.

AGENDA

Sl. No. Agenda items Pages Confirmation of the Minutes of the 14th Meeting (3/2017 Series) of the A 3 - 5 Approval Committee of KSITIL SEZ, Koratty held on 25.09.2017 B Action taken on decisions of previous meeting 6

C Proposals for consideration :

I Proposals of Developer / Co-developer : Nil II Proposals for setting up of new unit(s) : 1. Application submitted by M/s. ValueMentor InfoSec Pvt. Ltd. for setting up a 6 unit in KSITIL SEZ, Koratty. 2. Application submitted by M/s. Stramds Energy Pvt. Ltd. for setting up a unit 8 in KSITIL SEZ, Koratty. 3. Application submitted by M/s. Nuvento Systems Pvt. Ltd. for setting up a 9 unit in KSITIL SEZ, Koratty. III Miscellaneous proposals : Nil D Any other matter with the approval of the Chairperson

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APPROVAL COMMITTEE MEMBERS – KSITIL (KORATTY) SEZ

1. Dy. Secretary (SEZ) Government of India, 2. Jt. Director General of Foreign Trade Department of Commerce( SEZ) A Block, 5th Floor Ministry of Commerce & Industry Kendriya Bhavan, Kakkanad, Udyog Bhavan, New Delhi-110 107 Kochi- 682037 Fax:011-23063419 Email: [email protected]

3. Commissioner of Central Excise 4. Pr. Commissioner of Income Tax,, Central Revenue Building, Ayakar Bhavan, Sakthan Thampuran Nagar Mananchira, Calicut -673001 – 680 001

5. Director (Banking) Ministry of Finance, Govt. of India 6. Secretary to Govt. of Jeevan Deep Building, Sansad Marg, Department of Industries, Secretariat New Delhi – 110001 Thiruvananthapuram-695001

7. Director of Industries and Commerce 8. Managing Director, Government of Kerala, Kerala State IT Infrastructure Ltd. (KSITIL) Vikas Bhavan, Park Centre, Technopark Campus Thiruvananthapuram -695033 Thiruvananthapuram-695 581

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A. Confirmation of the Minutes of the 14th Meeting (3/2017) of the approval Committee of KSITIL (Koratty) SEZ , Thrissur held on 25.09.017

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B. Action taken on decision(s) of previous meeting

Sl. No. Action taken Date of issue of Approvals / letter / permissions C.I. 1. Approval of Application submitted by Infopark Kerala, Co- Ratified Developer of KSITIL SEZ (Koratty), for approval of Audio Video works for the Auditorium at Indeevaram IT Building. (Ratification) C.I.2 Approval of Application submitted by Infopark Kerala, Co- KL:26:14:KSITIL (Koratty): Developer of KSITIL SEZ (Koratty), for approval of 1 B dated 03.10.2017 installation of Street light systems in internal roads of Indeevaram IT Building premises. C.I.3 Approval of Application submitted by Infopark Kerala, Co- KL:26:14:KSITIL (Koratty): Developer of KSITIL SEZ (Koratty), for approval of composite 1 B dated 03.10.2017 interior fit out works of first floor of Indeevaram IT Building. C.II.1. Application submitted by M/s. OBM Worldwilde LOA No. KL:26:14:KSITIL Technology Services LLP for setting up a SEZ unit in KSITIL (Koratty): 2 I dated SEZ, Koratty. 26.09.2017

C. Proposals for consideration:

I. Proposals of Developer / Co-developer :

NIL

II. Proposals for setting up of new unit(s) :

C.II.1 Application of M/s. ValueMentor Infosec Private Limited for setting up a SEZ unit in KSITIL SEZ, Koratty Trissur for export Information Security Services

M/s. ValueMentor Infosec Private Limited vide their letter dated 15.11.2017 has submitted an application for setting up of a unit in KSITIL SEZ, Koratty, Trissur for carrying out the authorized operation viz., Information security services. The Unit’s services include defining cyber security strategy, indentify and remediate threats & risks, select & deploy the right technology and achieve operational readiness to protect from malicious attack. The details of the application are as under:

Application Summary I Name & Address of M/s.Valuementor Infosec Private Limited Applicant 29/139, Sreenandanam, Santhi Road, Thiruvambady, Thrissur – 680 022. Date of Application & 08.11.2017 Application ID (Appln.ID No.111700005233) Date of Submission 16/11/2017 Name & Address of the Directors/Partners : 1. Mr. Binoy K L, Koonammavu, 411B, Spring Field Phoenix, Ernakulam – 683 576.

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2. Mr. Jobbin Thomas P, Parappilly, Malayattoor, Ernakulam – 683 587. 3. Ms.Sona Paul, Thiruthanthil House, Nadamuri, Manjapra P O, Ankamaly – 683 581. II Project Summary Item of manufacture/service 1. Information Security Services Applicability of environmental and Not applicable. pollution control norms Employment Total a. Men 30 Nos. b. Women 10 Nos. III Exports for Five years (Value) (Rs. in lakh) 1st Year 156.00 2nd Year 195.00 3rd Year 273.00 4th Year 368.00 5th Year 478.00 Total (INR) 1470.00 (in US$ Thousands) 2267.82 IV Material requirement details (Rs. in lakh) Indigenous capital goods 22.00 Import of capital goods 10.00 Other FE Outflow for five years 64.00 V NFE for 5 years 1,396.00 VI Foreign Equity participation NIL VII Infrastructure details Area to be allotted ( in sq. mtrs.) a. Built-up area 205.00 b. Land NIL A. Requirement of water (in KL) 1.00 B. Requirement of power (in KVA) 200.00 VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & DD No.206862 dated 04.11.2017 Accounts Officer, Cochin Special Economic Zone” for Rs.10,000/- (for Rs.10,000/-) b. Affidavit of undertaking as prescribed in the Form – F Yes in stamp paper c. Willingness for allotment of space in SEZ Yes d. Project report Yes e. Copy of Certificate of Incorporation along with Yes Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms f. Income tax returns of proprietor/partners for the Yes last three years. In case of company, audited balance sheet for the last three years g. PAN of applicant AAECV9146K

The application has been scrutinized as per Rule 17 & 18 of SEZ Rules, 2006 and found to be in order. The proposal for setting up of Unit is placed before the Approval Committee for consideration.

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C.II.2. Application of M/s. Strands Energy Private Limited for setting up a SEZ unit in KSITIL SEZ, Koratty Trissur for export of Software Services

M/s.Strands Energy Private Limited vide their letter dated 16.11.2017 has submitted an application for setting up of a unit in KSITIL SEZ, Koratty, Trissur for carrying out the authorized operation viz., Software development services. The company specializes in the integration of large-scale renewable and distributed energy resources, the development of local and wide area controls, energy service platforms and power system simulations. Strands energy operates under the ‘collaborative’ outsourcing model collaborating with Spirae LLC, USA. The details of the application are as under:

I Application Summary Name & Address of M/s.Strands Energy Private Limited Applicant 1/305, U C College P.O., Aluva – 683 102 Date of Application & 08.11.2017 Application ID (Appln.ID No.111700005255) Date of Submission 17/11/2017 Name & Address of the Directors/Partners : 4. Mr. Jacob Cherian, Sankaramangalam, U C College P.O., Aluva – 683 102. 5. Mr. Sunil Cherian, 4405 Gray Fox Road, Fort Collins, Colorado, United States 80526. 6. Ms.Susy Cherian, Sankaramangalam, U C College P.O., Aluva – 683 102. II Project Summary Item of manufacture/service Information Technology Software Services Applicability of environmental and Not applicable. pollution control norms Employment Total c. Men 20 Nos. d. Women 7 Nos. III Exports for Five years (Value) (Rs. in lakh) 1st Year 448.00 2nd Year 576.00 3rd Year 736.00 4th Year 960.00 5th Year 1216.00 Total (INR) 3936.00 (in US$ Thousands) 6095.11 IV Material requirement details (Rs. in lakh) Indigenous capital goods 5.48 Import of capital goods 8.59 Other FE Outflow for five years 9.48 V NFE for 5 years 3917.93 VI Foreign Equity participation NIL VII Infrastructure details Area to be allotted ( in sq. mtrs.) h. Built-up area 430.00 i. Land NIL C. Requirement of water (in KL) 2.00 D. Requirement of power (in KVA) 50.00

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VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & DD No.840393 dated 03.11.2017 Accounts Officer, Cochin Special Economic Zone” for Rs.10,000/- (for Rs.10,000/-) b. Affidavit of undertaking as prescribed in the Form – F Yes in stamp paper j. Willingness for allotment of space in SEZ Yes k. Project report Yes l. Copy of Certificate of Incorporation along with Yes Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms m. Income tax returns of proprietor/partners for the Yes last three years. In case of company, audited balance sheet for the last three years n. PAN of applicant AAMCS0297C

The application has been scrutinized as per Rule 17 & 18 of SEZ Rules, 2006 and found to be in order. The proposal for setting up of Unit is placed before the Approval Committee for consideration.

C.II.3 Application of M/s. Nuvento Systems Private Limited for setting up a SEZ unit in KSITIL SEZ, Koratty Trissur for export of Software Services – reg.

M/s.Nuvento Systems Private Limited vide their letter dated 17.11.2017 has submitted an application for setting up of a unit in KSITIL SEZ, Koratty, Trissur for carrying out the authorized operation viz., Software services. The details of the application are as under:

I Application Summary Name & Address of M/s.Nuvento Systems Private Limited Applicant Building No.XV/363, Kanikonna Building, Infopark Thrissur, Koratty – 680 651. Date of Application & 17.11.2017 Application ID (Appln.ID No.111700005410) Date of Submission 20/11/2017 Name & Address of the Directors/Partners : 7. Mr. Suraj Arukil Vattekat, 26/1A, Gangamma Temple Road, Jalahalli, Bangalore – 560 013. 8. Mr. Manoj Joseph Manathumaril, 5509 W 147th PL, Overland Park, Kansas, United States, 66223. 9. Mr.Mohanakannan Pullat Kodavath, Pookayil Bazar P.O., Tirur, Malappuram – 676 107. II Project Summary Item of manufacture/service Information Technology Software Services Applicability of environmental and Not applicable. pollution control norms Employment Total

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e. Men 48 Nos. f. Women 17 Nos. III Exports for Five years (Value) (Rs. in lakh) 1st Year 85.70 2nd Year 128.55 3rd Year 171.40 4th Year 214.25 5th Year 257.10 Total (INR) 857.00 (in US$ Thousands) 1382.26 IV Material requirement details (Rs. in lakh) Indigenous capital goods 33.80 Import of capital goods 9.80 Other FE Outflow for five years 36.00 V NFE for 5 years 811.20 VI Foreign Equity participation Yes. Nuvento LLC holds 79042 shares out of the total 1,41,146 shares of face value Rs.10. VII Infrastructure details Area to be allotted ( in sq. mtrs.) o. Built-up area 394.18 p. Land NIL E. Requirement of water (in KL) 10.00 F. Requirement of power (in KVA) 25.00 VIII Check list for enclosures a. Application fees – DD drawn in favour of “The Pay & DD No.001518 dated 14.11.2017 Accounts Officer, Cochin Special Economic Zone” for Rs.10,000/- (for Rs.10,000/-) b. Affidavit of undertaking as prescribed in the Form – F Yes in stamp paper q. Willingness for allotment of space in SEZ Yes r. Project report Yes s. Copy of Certificate of Incorporation along with Yes Articles of Association and Memorandum of Association in case of Companies and attested copy of Partnership Deed in case of partnership firms t. Income tax returns of proprietor/partners for the Yes last three years. In case of company, audited balance sheet for the last three years u. PAN of applicant AACCN7207R

The application has been scrutinized as per Rule 17 & 18 of SEZ Rules, 2006 and found to be in order. The proposal for setting up of Unit is placed before the Approval Committee for consideration.

III. Miscellaneous proposals : Nil

D. Any other matter with the approval of the Chairperson

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