(Minutes of Meeting of Approval Committee, NSEZ held on 27/02/2013)

Page 1 of2Noida Special Economic Zone

The meeting of the Approval Committee of Noida SEZ was held on 27/02/2013

at 11.30 AM in the Conference Hall of NSEZ, Noida. The meeting was chaired by Shri

Jayant Misra, Development Commissioner, Noida SEZ. Following members were

present:

1. Shri KK Katheria, Additional Commissioner, Customs.

2. Shri Rakesh Kumar, Dy. Development Commissioner, NSEZ

3. Shri Shishir Kumar, Manager, DIC, G.B. Nagar.

Besides, Shri Sharad Srivastava, Dy. Commissioner of Customs, NSEZ, Shri

S.K. Baghel, Ex. Engr., UPPCL, Noida , Shri Utsav Sharma, AEE, UPPCB, Noida also

attended the meeting.

GIST OF THE MEETING:

Ratification of Minutes of last meeting of the Approval Committee:

The Approval Committee ratified the minutes of the last meeting held on 12/02/2013.

Decisions on Proposals:

1. Mis SIMS Recycling Solutions India Pvt. Ltd. - Change of Board ofDirectors and Monitoring of performance.

The Committee discussed the agenda note and took note of changes in Board

of Directors of the company. The Committee also monitored the performance

of the unit on the basis of APRs up to 2011-12 and noted achievement of

positive NFE.

2. Mis GPL Exports Ltd. - Inclusion of additional items in LOA andMonitoring of performance.

The Committee discussed the proposal of the unit for inclusion of Handicrafts,

Article of Metal and Brass parts in LOA and approved the same. The

Committee also monitored the performance of the unit on the basis of APRs up

to 2011-12 and noted achievement of positive NFE.

(Minutes of Meeting of Approval Committee, NSEZheld on 27/02/2013)

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3. MIs Vijayshree Food Products Pvt. Ltd. - Extension of LOA validity.

The Committee discussed the agenda note and decided to extend the LOA of

the unit up to 26/05/2013. As regards wrong/delayed intimation about

residential address by Mr. Mankeshwar Singh, the representative of the unit

informed the Committee that the address of Mr. Mankeshwar Singh, director

was earlier mentioned as Block No. 16, Flat No. 422, Top Floor, Lodhi Colony,

New Delhi as the same address was there in his passport. The Committee

accepted the contention of the representative on the issue.

Following cases for monitoring of performance/APRs were also placed before

the Approval Committee. The unit wise decision ofUAC are indicated below:-

1. Resbird Technologies Pvt. Ltd.: The Committee monitored the

performance of the unit on the basis of APRs up to 2011-12 and noted

that Rs. 412.23 lakhs are lying unrealized against the export shown to

have been made by the unit as per APRs submitted. The Committee

directed the unit to submit present status along with efforts made for

realization of outstanding forex.

2. Advance Valves Global: The Committee monitored the performance of

the unit on the basis of APRs up to 2011-12 and noted achievement of

positive NFE.

The meeting ended with a vote of thanks to the Chair.

Development Commissioner