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of <h1>SEZ Board Approves Extensions, Shareholding Changes, Co-Developer Status; Defers Some Proposals for Further Review.</h1> The 102nd Board of Approval meeting for Special Economic Zones (SEZs) on January 6, 2021, chaired by the Commerce Secretary, addressed various proposals. Key decisions included extending Letters of Approval for companies in Uttar Pradesh and Gujarat, approving changes in shareholding and management for developers in Bangalore and Telangana, and granting co-developer status to entities in Telangana and Uttar Pradesh. The Board also approved area adjustments for developers in Andhra Pradesh and Telangana, procurement of restricted items for SEZs, and deferred several proposals for further examination. Appeals by a company regarding SEZ unit approvals were remanded for reconsideration by relevant committees.
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