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Minutes for the 137th meeting of the Board of Approval for Special Economic Zones (SEZs) held on 27th February, 2026
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....one year i.e. 22.04.2025 to 21.04.2026. DC SEEPZ-SEZ informed that M/s. ASA Agrotech Private Limited is unit at JNPA SEZ developed by Jawaharlal Nehru Port Authority (JNPA)-a Government entity under the Ministry of Ports, Shipping and Waterways. The Letter of Approval (LoA) was issued on 22.04.2021. The LoA of the Unit was extended twice and was valid till 20.04.2024. It was informed that the Unit has requested for extension of LoA and assured that once the LoA is extended, the infrastructure developmental activities will be aceclerated and so that business activities could commence. The Developer - JNPA has conveyed its no objection and recommended the extension of the LoA after considering all relevant factors. Accordingly, DC, SEEPZ has recommended the proposal for extension of LoA on the request of the Unit for 3rd ex- post facto extension for regularization of LoA i.e. 22.04.2024 to 21.04.2025 and 4th extension of one year i.e. 22.04.2025 to 21.04.2026. In this regard, DGEP observed that the validity of LoA for unit has expired on 20.04.2024 and it needs to be discussed if the proposal is legally tenable to provide extension in view of Rule 19(5) of SEZ Rules 2006. On....
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....in a period of 5 years. Further, DC KASEZ informed the Board that M/s. Tata Semiconductor Manufacturing Private Limited and India Semiconductor Mission(ISM), Digital India Corporation (under Ministry of Electronics and Information Technology or MeitY, Government of India) has entered into a Fiscal Support Agreement (FSA). One of the requirements under the Fiscal Support Agreement is that the obligations of M/s. Tata Semiconductor Manufacturing Private Limited under the FSA shall be secured by creation of mortgage over the project land (66.17 Ha where SEZ is proposed to be set up) in favour of ISM. Taking into consideration the amendment in Rule 7 of SEZ Rules, 2006 vide Notification dated 03.06.2025, and the mandatory condition set by ISM, MeitY (Government of India) on M/s. Tata Semiconductor Manufacturing Private Limited for mortgaging the land for the purpose of securing the financial support from the former, and the large investment proposed by M/s. Tata Semiconductor Manufacturing Private Limited, the Board granted relaxation in the condition of encumbrance free area as the said area on which the SEZ is proposed to be established is mortgaged to the authorised agency of the....
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....vate Limited, (formerly known as M/s. Brandix India Apparel City Private Limited SEZ) at Achutapuram, Pudimadaka, Anakapali District, Andhra Pradesh for Construction of a Business Hotel in non- processing area of SEZ, without any duty/tax benefits, in the dual-use area of non- processing area over an area 1.562 Acres (0.632 Ha) (Sy. Nos.217, 253 P, 266P), in accordance with the Co-developer Agreement dated 07.07.2025, entered into with the Developer (M/s. Adhistan Private Limited) subject to the condition that the co- developer must submit the certificate in compliance to Rule 11A(3)(c) of SEZ Rules and subject to standard terms and conditions as per the SEZ Act and Rules. Further, the Assessing Officer will have the right to examine the taxability of the income by way of lease rentals/down payment/premium, etc. for the purpose of assessment under the prevalent Income-tax Act, 1961 and Income-tax Rules, 1962 as amended from time to time. The lease period shall be in accordance with DoC's Instruction No. 98 dated 29th August, 2019. Agenda Item No. 137.6: Request for full/partial de-notification of SEZ [5 proposals 137.6(i) - 137.6(v)] 137.6(i) Proposal of M/s. Flextroni....
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....3. Phase-II, SIPCOT Industrial Park, Sandavellore C, Sriperumbudur, Kanchipuram, Tamil Nadu. 137.6(ii) Proposal of M/s. State Industries Promotion Corporation of Tamil Nadu Limited, Developer for partial de-notification of 18.753 Ha out of 73.991 Ha of SIPCOT Hi Tech SEZ for Electronic Hardware and related Support Services including Trading and Logistics operations at Oragadam, Sriperumbudur Taluk Kanchipuram District, Tamil Nadu. DC, MEPZ informed the Board that the reasons for the instant partial de-notification proposal is lack of export business of unit(s) occupying the said area. Additionally, these unit(s) have good domestic demand, and hence the proposal for conversion of 18.753 Hectares from SEZ into Domestic Tariff Area. The Board was further informed that on-site inspection was conducted on 18.12.2025 in presence of officials of MEPZ along with State Specified Tahsildar, Deputy Inspector of Survey and Project Officer of SIPCOT wherein it has been confirmed that the Developer of the SEZ would continue fulfilling the contiguity condition stipulated under Rule 5 (Read with Rule 7) of the SEZ Rules, 2006, and they are satisfied that the Developer meets the parameter ....
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.... Taluk, Bangalore District, Karnataka. 137.6(iv) Proposal of M/s. Andhra Pradesh Industrial Infrastructure Corporation Limited, Developer for partial de-notification of 115.51 Ha out of 500.10 Ha of Multi Product SEZ at Dwarakapuram and Palepolam Villages, Naidupeta and Pellakuru Mandal, Nellore District Andhra Pradesh. The Board was informed that the reason for instant partial de notification proposal is to convert 115.51 Hectares from SEZ into Domestic Tariff Area as most of the Entrepreneurs are approaching APIIC for allotment of land on sale basis instead of allotment on lease basis as they want Agreement for sale/sale deed for obtaining the financial assistance from the Banks, since the Banks are insisting for sale Deed Documents. The Board was further informed that on-site inspection was conducted on 03.09.2025 in the presence of SEZ officials, Specified Officer, Tehsildar, Naidupeta & Tehsildar, Pellakur, along with Zonal Manager, APIIC Limited and it was informed that as per the inspection of the land proposed for partial denotification, the land measuring 115.51 Ha is vacant and has no units in the said area. The land remaining after the proposed partial denotific....
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....on with the direction that compliance of the earlier imposed conditions be ensured and reported prior to forwarding of the proposal for consideration of BoA. 137.6(v) Proposal of M/s. Cessna Garden Developers Private Limited, Developer for partial de-notification of 0.66 Ha out of 17.9907 Ha of IT/ITES at Kadubeesanahalli Village, Taluk Varthur Hobli, Bangalore District, Karnataka. The Board, deferred the proposal. Agenda Item No. 137.7: Request for conversion of Processing Area into Non-Processing Area under Rule 11(B) [ 4 proposals - 137.7(i) - 137.7(iv) ] 137.7(i) Request of M/s Bagmane Developers Private Limited (formerly Bagmane Constructions Private Limited), Bangalore, Developer for demarcation of SEZ Processing Built-up area (43519.79 sq.mtr.) as NPA in terms of Rule 11 B of SEZ Rules 2006 read with Instruction No.115 dated 09.04.2024. The Board deferred the proposal. 137.7 (ii) Request of M/s. DLF Cyber City Developers Limited, developer of IT/ITES SEZ at Sector- 24 & 25A, DLF Phase-III, Gurugram (Haryana) for demarcation of built-up Processing Area admeasuring '1585.539 Sqmt. at 12th floor, Block-C, Building No. 06' into Non-Processing Area un....
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....is vacant as per SEZ Rule 2(zf). It was also informed that the State Government has recommended the said proposal. Further, the concerned State Govt. authority has certified that the proposed SEZ land is in possession of M/s. Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) and free from all encumbrances, with irrevocable rights to develop the said area as an SEZ. The Board, after deliberations, granted formal approval to the proposal of M/s. Pondicherry Industrial Promotion Development and Investment Corporation (PIPDIC) for setting up of Multi Sector SEZ at Karasur village, Villianpur Taluk, Puducherry District, Puducherry (UT) over an area of 86.2457 Ha. 137.9(ii) Request of M/s. OulgaretT Municipality SEZ for seeking formal approval for setting up of IT/ITES SEZ at Thattanchavady village in Oulgaret Taluk, Puducherry District, Puducherry (UT) over an area of 8.6230 Ha. The Board was informed that M/s. Oulgaret Municipality SEZ, a Government of Pondicherry Undertaking proposes to invest up to Rs. 725 Cr for establishment of IT/ITES SEZ which will create employment for approximately 3500 direct/indirect persons over a period of 10 years wi....