INFOPARKS SPECIAL ECONOMIC ZONE (Phase II)

43rd MEETING (9/2019) OF APPROVAL COMMITTEE

Date : 28.10.2019

Time : 11.00 am

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

AGENDA

Sl. No. Agenda items Pages Confirmation of the Minutes of the 42nd Meeting (8/2019 Series) of the Approval A Committee of Infoparks Kerala Special Economic Zone (Phase II), Ernakulam held 5–7 on 04-09-2019 B Action taken on decisions of previous meeting 7 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. Auctor Business Solutions Private Limited for 8 setting up a unit 2. Application submitted by M/s. Codmeric Infotech Private Limited for setting up 10 a unit 3. Application submitted by M/s. PINMICRO India Private Limited for setting up a 12 unit III Miscellaneous proposals : 1 Application for expansion of the project-M/s. Datafloat Technologies India Pvt. 14 Ltd. 2 Application for expansion of the project-M/s. Prevalent AI India Pvt. Ltd. 15 D Any other matter with the approval of the Chairperson

Page 2 of 15

Page 3 of 15

APPROVAL COMMITTEE MEMBERS – INFOPARKS KERALA SEZ (PHASE II), ERNAKULAM

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 Tax 4. Pr. Commissioner of Income Tax,, &Customs, Central Revenue Building, C R Building, I S Press Road, I S Press Road, Cochin - 682 018. Cochin - 682 018.

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

7. Director of Industries and Commerce 8. The Chief Executive Officer, Government of Kerala, Infoparks Kerala Special Economic Zone, Vikas Bhavan, Kakkanad, Kochi – 42. Thiruvananthapuram -695033 (Special Invitee)

Page 4 of 15

A. Confirmation of the Minutes of the 42nd Meeting (8/2019) of the approval Committee of Infoparks Kerala SEZ (Phase II), held on 04.09.2019

Page 5 of 15

Page 6 of 15

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

The Chairperson informed that the following decisions of the last approval committee meeting had been communicated to the developers/co-developers and units in Infoparks Kerala SEZ. Sl. Items considered Approval Letter No & Date No Application submitted by M/s. Airlinepros International Service KL:20:11:INFOPARK(II):1:2BY 1 Center Cochin LLP for setting up a unit dated 06.09.2019 Application submitted by M/s. Purple Boat AI Pvt. Ltd. for setting KL:20:11:INFOPARK(II):1:2BZ 2 up a unit dated 06.09.2019 Application submitted by M/s. TechNeurons Consulting Solutions KL:20:11:INFOPARK(II):1:2CA 3. Pvt. Ltd. for setting up a unit dated 06.09.2019 KL:20:11:INFOPARK(II):1:2CB 4. Application submitted by M/s. HTIC Global for setting up a unit dated 06.09.2019 KL:20:11:INFOPARK(II):1:2AN 5. Expansion proposal by M/s. Katzion Technology Solutions LLP dated 10.09.2019

Page 7 of 15

C. Proposals for consideration:

I. Proposals of Developer / Co-Developer : NIL

II. Proposals for setting up of New Unit(s) : C.II.1 Application submitted by M/s. Auctor Business Solutions Private Limited, for setting up a new unit. M/s. Auctor Business Solutions Private Limited, vide their letter dated 24th September 2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Puthencruz, Ernakulam for carrying out the authorized activity viz. IT and ITeS.

Brief summary: Auctor Business Solutions Private Limited was incorporated on 29th August 2019. The company intends to provide services in the following areas – Data preparation service, Credit reporting service and other business service (other than real estate). It will also engage in mortgage loan processing, loan underwriting, document stacking services, etc. Other details in the application are as under:

I Application Summary Name & Address of Applicant M/s. Auctor Business Solutions Private Limited, 9F BCG Tower Opposite CSEZ, Kakkanand, Ernakulam – 682 307. Date of Application & Application ID 20/09/2019 (Appln.ID No.111900004672)

Date of submission 20/09/2019 Name & Address of the Partners : 1. Mr. Sabarinath Thacheriyil Mohanasundran, 29/193, Krishna Nivas, Vattekkunnam, North P.O., Thrikakkara North, Edappally, Ernakulam – 682 024 2. Mr. Aakash George, Puthenparambil, Sea View Ward, Alappuzha Muncipality, Alappuzha – 688 012 II Project Summary Item of manufacture/service ITeS - BPO services in data preparation, credit reporting and other business services excluding real estate Applicability of environmental and Not applicable. pollution control norms Employment Total 30 Nos. a. Men 15 Nos. b. Women 15 Nos. III Exports for Five years (Value) (Rs. in lakh) 1st Year 115.20 2nd Year 292.52 3rd Year 577.50 4th Year 1016.40 5th Year 1255.80 Total (INR) 3257.42 (in US$ Thousands) 4585.33

Page 8 of 15

IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 41.00 Import of capital goods 00.00 Other FE Outflow for five years 63.00 V NFE for 5 years 3194.42 VI Foreign Equity participation NIL VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 267.10 b. Land 0.00 A. Requirement of water 24.00 (in KL per month) B. Requirement of power 1500.00 (in KVA per month) VIII Check list for enclosures a. Application fees – DD drawn in favour DD No.853143 of “The Pay & Accounts Officer, Cochin dated 20/09/2019 for Rs.10,000/- Special Economic Zone” (for Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Yes along with 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 IT returns of the directors for the last two proprietor/partners for the last three years have been submitted years. In case of company, audited balance sheet for the last three years g. PAN of applicant AASCA6770G h. Photo ID Proof Yes. i. Board resolution appointing Yes. Mr. Sabarinath Thacheriyil authorized signatory Mohanasundharan Director, has been authorized to sign

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

Page 9 of 15

C.II.2 Application submitted by M/s . Codmeric Infotech Private Limited, for setting up a new unit.

M/s. Codmeric Infotech Private Limited, vide their letter dated 25th September 2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Puthencruz, Ernakulam for carrying out the authorized activity viz. IT Consulting services, IT Support services, IT Design and development services for applications and IT design and development services for networks and systems.

Brief summary: Codmeric Infotech Private Limited was incorporated on 26th August 2019. The company intends to develop mobile applications for both Android and iPhone. It also aims to focus on digital marketing for mobile apps and games. Apart from the above, the company offers web applications, implementation of cloud business, search engine optimization, etc. The applicant has a DTA Unit. Other details in the application are as under:

I Application Summary Name & Address of Applicant M/s. Codmeric Infotech Private Limited Nandalath, Purapuzha Grama Panchayat, Vazhithala P.O., Thodupuzha, Ernakulam- 685583 Date of Application & Application ID 25/09/2019 (Appln.ID No.111900004801)

Date of submission 25/09/2019 Name & Address of the Partners : 1. Mr. Uthup Aby, 12/302, Olangattu House, Keezhillam P.O., Thaikarachira, Ernakulam – 683 541 2. Mr. Lins Louis, Pallithekkethil House, Pazhuvil West P.O., Thrissur – 680564 3. Mr. Arun George Nanthalath, Nanthalath, Vazhithala P.O., Thoupuzha, Idukki-685583

II Project Summary Item of manufacture/service 83131-IT consulting services 83132 IT support services 83141 IT design and development services for applications 83142 IT design and development services for networks and systems Applicability of environmental and Not applicable. pollution control norms Employment Total 23 Nos. a. Men 12 Nos. b. Women 11 Nos. III Exports for Five years (Value) (Rs. in lakh) 1st Year 35.00 2nd Year 65.00 3rd Year 95.00 4th Year 125.00 5th Year 145.00 Total (INR) 465.00

Page 10 of 15

(in US$ Thousands) 664.29 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 10.00 Import of capital goods 5.00 Other FE Outflow for five years 0.00 V NFE for 5 years 460.00 VI Foreign Equity participation NIL VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 250.09 b. Land 0.00 A. Requirement of water 15.00 (in KL per month) B. Requirement of power 18.00 (in KVA per month) VIII Check list for enclosures a. Application fees – DD drawn in favour DD No.500001 of “The Pay & Accounts Officer, Cochin dated 23/09/2019 for Rs.10,000/- Special Economic Zone” (for Rs.10,000/-) b. Affidavit of undertaking as prescribed Yes in the Form – F in stamp paper c. Willingness for allotment of space in Yes SEZ d. Project report Yes e. Copy of Certificate of Incorporation Yes along with 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 IT returns of the directors for the last three proprietor/partners for the last three years have been submitted years. In case of company, audited balance sheet for the last three years g. PAN of applicant AAICC3473C h. Photo ID Proof Yes. i. Board resolution appointing Yes. Mr. Arun George Nanthalath and authorized signatory Uthup Aby Director, have been authorized to sign

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

Page 11 of 15

C.II.3 Application submitted by M/s . Pinmicro India Private Limited, for setting up a new unit.

M/s. PINMICRO India Private Limited, vide their letter dated 10th October 2019 has submitted an application for setting up of a unit in Infoparks Kerala Special Economic Zone, Ernakulam for carrying out the authorized activity viz. Software Development/ IT and ITeS and embedding of software on wifi devices.

Brief summary: PINMICRO India Private Limited was incorporated on 23rd August 2018. The company intends to provide services in the following areas – Software development, Systems and software consulting services, system design services, system maintenance services, system analysis services, etc. The company also intends to provide a series of products ranging from hardware beacons to configurable cloud platforms and software development kit for the Pinmicro development community. Pinmicro solutions provide platforms for online to offline, retail business, contactless payment and inventory management.

Pinmicro offers various services/solutions such as Eventplus, Retailplus, Eduplus, etc. with the help of BeaconPlus Cloud and beacon cards systems which uses Bluetooth low energy protocol. To facilitate these services/solutions, the company intends to import materials like beacons, sensors, etc. These items shall be tested, grouped and mapped for each solution. Other details in the application are as under:

I Application Summary Name & Address of Applicant M/s. PINMICRO India Private Limited, Door No. 2, Plot No 16. GEO Infopark Campus, KINFRA Kakkanand – 682 037 Date of Application & Application ID 10/10/2019 (Appln.ID No.111900005081)

Date of submission 10/10/2019 Name & Address of the Partners : 1. Mr. Tiby Kuruvilla, Arakudiyil House, P.O., , Ernakulam-686 692 2. Mr. Gijo M S., Mulackakudy House, Nedungapra Post, , Ernakulam-683 542 3. Mr. Ravindranath A V., Thekkemarayi, Chittoor Road, Ernakulam – 682 011 4. Mr. Devarajan M.S., Mulackakudy House, Nedungapra Post, Perumbavoor, Ernakulam-683 542 II Project Summary 84100-Consultancy Services related to the installation of Item of manufacture/service computer hardware 84210 – Systems and software consulting services 84220 – Systems analysis services 84230 - Systems design services 84240 – Programming services 84250 – Systems maintenance services 84990 – Other computer services n.e.c. 85177 - Wi-fi devices, sensors and other similar devices Applicability of environmental and pollution Not applicable. control norms Employment Total 33 Nos. a. Men 20 Nos. b. Women 13 Nos. Page 12 of 15

III Exports for Five years (Value) (Rs. in lakh) 1st Year 129.30 2nd Year 162.90 3rd Year 201.20 4th Year 266.10 5th Year 326.20 Total (INR) 1085.70 (in US$ Thousands) 1596.62 IV Investment/Material requirement details (Rs. in lakh) Indigenous capital goods 48.65 Import of capital goods 0.00 Import of components, consumables 96.00 Other FE Outflow for five years 34.40 V NFE for 5 years 955.30 VI Foreign Equity participation NIL VII Infrastructure details Area to be allotted (in sq. mtrs.) a. Built-up area 380.07 b. Land 0.00 A. Requirement of water 1.00 (in KL per month) B. Requirement of power 30.00 (in KVA per month) VIII Check list for enclosures a. Application fees – DD drawn in favour of DD No.0008630 “The Pay & Accounts Officer, Cochin dated 09/10/2019 for Rs.10,000/- Special Economic Zone” (for Rs.10,000/-) b. Affidavit of undertaking as prescribed in Yes the Form – F in stamp paper c. Willingness for allotment of space in SEZ Yes d. Project report Yes e. Copy of Certificate of Incorporation along Yes with 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 Three of the directors are NRIs. Resident for the last three years. In case of director has furnished a declaration to the company, audited balance sheet for the effect that he has no taxable income in India. last three years g. PAN of applicant AAKCP0274E h. Photo ID Proof Yes. i. Board resolution appointing authorized Yes. Mr. Devarajan M.S., Director, has been signatory authorized to sign.

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

Page 13 of 15

III. Miscellaneous proposals:

C.III.1 Application for expansion of the project-M/s. Datafloat Technologies India Pvt. Ltd.

M/s. Datafloat Technologies India Pvt. Ltd., a holder of valid letter of approval No. 05/INFOPARK SEZ/UAC-II/08-2(C) dated 15th July 2008, vide letter dated 18th October 2019 has requested to consider and accord approval for their expansion/revision in their existing project. The Unit started its operation in Infoparks Kerala SEZ (Phase I) and commenced its operation on 16.02.2009. The Unit got shifted to Infoparks Kerala SEZ (Phase II) vide MoC&I approval letter No.F.5/9/2016-SEZ dated 9th July 2018 and is located at a place in 11th Floor of Trans Asian Cyber Park. Further, the LOA of the Unit was renewed w.e.f. 16.02.2019.

It is informed by the Unit that there is considerable increase in the volume of work which warrants revision in the project parameters. As per the proposal, built up area admeasuring 274.90 sq. mtrs. shall be added in 8th Floor for which the co-developer, M/s.Trans Asian Shipping Services (P) Ltd. have given their consent. The Unit has also furnished revision in the existing project parameters resultant to the expansion proposal. The revision in project parameters is as given below:

Particulars Existing projection Incremental Total projection for for 3rd Block year projection in the third block year period third block year period period Area (in sq. mtrs.) 497.87 274.90 772.77 Men Women Men Women Men Women Employment (Nos.) 50 25 25 15 75 40 (Rs. in lakh) Total Investment 70.00 24.00 94.00 FOB value of export 1600.00 400.00 2000.00 Indigenous CG 70.00 24.00 94.00 Imported CG 0.00 0.00 0.00 Other foreign 0.00 0.00 0.00 exchange outgo Total FE outflow 0.00 0.00 0.00 Net Foreign Exchange 1,600.00 400.00 2,000.00 Earnings

The unit meets the requirement of Positive NFE under Rule 18 (2) of the SEZ Rules,2006. The subject matter is placed before the Approval Committee for its consideration.

Page 14 of 15

C.III.2 Application for expansion of the project-M/s. Prevalent AI India Private Limited

M/s. Prevalent AI India Private Limited, a holder of valid letter of approval No. KL:20:11:INFOPARK(II):1:2Z dated 15th May 2018, vide letter No.PAI/FIN/ISEZ/013 dated 17th October 2019 has requested to consider and accord approval for their expansion/revision of their project. The Unit commenced its operation on 1st June, 2018. It is informed by the Unit that there is considerable increase in the volume of work which warrants revision in the project parameters. As per the proposal, the existing built up area admeasuring 257 sq. mtr. (8th Floor, Trans Asia Cyber Park) shall be surrendered and shall be relocated to an area admeasuring 687 sq. mtr. (11th Floor, Trans Asia Cyber Park) for which the co-developer, M/s.Trans Asian have given their consent. The Unit has also furnished revision in the existing project parameters resultant to the above expansion proposal. The revision in project parameters is as given below:

Particulars Existing projection Incremental Total projection for for 1st Block year projection in the first block year period first block year period period Area (in sq. mtrs.) 257.00 430.00 687.00 Men Women Men Women Men Women Employment (Nos.) 15 15 40 40 55 55 (Rs. in lakh) Total Investment 40.00 30.00 70.00 FOB value of export 927.00 653.00 1580.00 Indigenous CG 20.00 30.00 50.00 Imported CG 20.00 0.00 20.00 Other foreign 50.00 40.00 90.00 exchange outgo Total FE outflow 70.00 40.00 110.00 Net Foreign Exchange 857.00 613.00 1,470.00 Earnings

The unit meets the requirement of Positive NFE under Rule 18 (2) of the SEZ Rules,2006. The matter is placed before the Approval Committee for its consideration.

D. Any other matter with the approval of the Chairperson

…………………..

Page 15 of 15