The Company was originally incorporated as Shankara Pipes India Private Limited on October 13, 1995 at Bengaluru, Karnataka, India, as a private limited company under the Companies Act, 1956. Subsequently, the Company was converted to a public limited company and a fresh certificate of incorporation consequent upon conversion to a public limited company was issued by the RoC on August 28, 2007 in the name of Shankara Pipes India Limited. The name of the Company was subsequently changed to Shankara Infrastructure Materials Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on March 25, 2011. The change of name of the Company from Shankara Pipes India Limited to Shankara Infrastructure Materials Limited was undertaken to replicate the business focus of offering infrastructure materials to the customers. Thereafter, the name of the Company was changed to Shankara Building Products Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on July 27, 2016. The change of name of the Company from Shankara Infrastructure Materials Limited to Shankara Building Products Limited was consequent to the shifting focus from offering a range of infrastructure materials to offering to a wider product range of building products to the customers. Major events and milestones of the Company The table below sets forth the key events in the history of the Company: 1995 -Incorporation of Company 2002 -Received ISO 9001: 2008 certification from NQA 2003 -Opened an integrated warehousing facility of 55,000 sq. ft. at Veerasandra, Bengaluru -Achieved Rs. 1 billion turnover 2006 -Commenced retail operations by opening the first retail store in Bengaluru 2007 -Commenced retail operations in Gujarat and Goa 2008 -Commenced retail operations in Odisha 2009 -Achieved Rs. 1 billion turnover in the retail segment 2010 -Acquired the precision tube processing unit in Bengaluru through acquisition of VPSPL 2011 -Raised private equity investment of Rs. 800 million -Constructed a processing facility in Hyderabad -Achieved Rs. 10 billion turnover 2013 -Acquired a roofing products company - CRIPL -Commenced retail operations in Puducherry 2015 -Launched own private label brands - Taurus, Prince Galva Plus and Loha -Crossed Rs. 6 billion turnover in the retail segment in Financial Year 2015, accounting for 31.00% of overall revenues of the Company -Added new product category of water tanks -Listed among the top 200 best unlisted Indian companies by Business Standard 2016 -Achieved Rs. 20 billion turnover -Added new products categories - cement, tiles, scaffolding and solar products -Crossed Rs. 8 billion turnover in the retail segment, accounting for 39.68% of overall revenues of the Company -Commenced operations at the 100th retail store Awards and Accreditations We have been given the following awards and accreditations: 2002 -Commendation award for highest sales by Tube Products of India -Best Performance Award (STP) by Tata Pipes 2005 -`Emerging India Award' in the category `Retail & Trade' by CRISIL, ICICI Bank & CNBC TV -J N Tata Award as the best Distributor 2004 - 05 by the tubes division of Tata Steel Limited 2008 -Star Retail Distribution Category A for 2007 - 08 by Tata Pipes 2010 -Certificate of excellence for winning a place in the Platinum Tier by Astral 2012 -`Star Performer - Irrigation' Award by Tata Steel Tubes SBU 2013 -Gold Distributor 2012 - 13 by Astral 2015 -Star Performer (II) - Karnataka and Andhra Pradesh for ERW Pipes and Tubes by Jindal Pipes Limited and Maharashtra Seamless Limited 2016 -Best Emerging Dealer in Bengaluru 2015 - 16 by Johnson 2017 -Shankara Building Products opens 116th store.