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of <h1>SEZ Board Approves Shareholding Changes, FTWZ Proposals; Rejects Some LoA Appeals, Extends Others in 101st Meeting.</h1> The 101st meeting of the Board of Approval for Special Economic Zones (SEZs) was held on November 27, 2020, to discuss various proposals including the extension of Letters of Approval (LoA) for companies like Axiom Chemicals and Indo UK Healthcare. The Board approved several requests for changes in shareholding patterns and mergers for entities such as Sai Wardha Power Limited and Kakinada SEZ Limited, subject to compliance with legal and financial regulations. It also ratified approvals for the procurement of restricted items like sand and soil for SEZ development. Several appeals against non-renewal of LoAs were rejected, while some cases were remanded for further consideration. The Board granted in-principle approval for setting up Free Trade Warehousing Zones (FTWZ) by NDR Infrastructure and Karanja Terminal in Maharashtra.
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