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of <h1>Board of Approval Grants Extensions and Approves New SEZ Setups Amid Shareholding Changes and Miscellaneous Requests.</h1> The 103rd meeting of the Board of Approval for Special Economic Zones (SEZs) on March 18, 2021, addressed various proposals, including extensions of Letters of Approval (LoA) for several companies, changes in shareholding patterns, and requests for co-developer status. The Board approved extensions for companies in Maharashtra, Tamil Nadu, and Karnataka. It also approved changes in shareholding for developers and co-developers, subject to statutory compliance and continuity of SEZ activities. Some proposals were deferred due to upcoming elections or pending reviews. Additionally, the Board approved new SEZ setups and addressed miscellaneous requests related to infrastructure and operational changes within SEZs.
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