Shankara Buildpro Ltd

Shankara Buildpro Limited was incorporated as 'Shankara Buildpro Private Limited' on October 13, 2023, as a wholly owned subsidiary of SBPL, in the state of Karnataka. Further, pursuant to conversion of Company from private company into public company, the name of the Company was changed to 'Shankara Buildpro Limited' vide Certificate of Incorporation dated November 30, 2023. The Company was incorporated with the primary focus on engaging in retailing, trading, warehousing, wholesale distribution and ecommerce activities related to all building materials. The Trading Business of erstwhile promoter SBPL got transferred into the Company as a going concern. pursuant to the Scheme of Arrangement for Demerger with effect from April 01, 2024, making it effective from 9th September 2025. Prior to transfer of Trading Business from SBPL to Company, the Company had not commenced revenue-generating operations and did not have any income from operations. The business activities of Company commenced only after the Scheme became effective. In terms of consideration, 2,42,49,326 Equity Shares of face value of Rs 10 each have been allotted by the Company pursuant to the Scheme of Arrangement. SBL is one of the India's leading omni-channel marketplaces for building and construction products, serving a diverse customer base comprising individual homeowners, contractors, fabricators, institutions, and industrial consumers. SBL provide a comprehensive range of products across multiple categories, including steel products, construction materials, plumbing and sanitaryware solutions, flooring products, electrical items, roofing products, paints, hardware, and various allied building materials. The Company operates a robust and integrated supply chain infrastructure consisting of 130 fulfilment centres across India. This network includes 95 retail stores. The Omni Channel Business has been demerged from Shankara Building Products Limited in to the Company as a going concern basis in FY26, making the Scheme of Arrangement for Demerger effective on September 9, 2025.