HISTORY AND CORPORATE STRUCTURE
 
 Originally Incorporated as Tulip Software Private Ltd on 19th May
 1992 
 in New Delhi, India under the Companies Act, 1956 vide Registration 
 No. 55 - 48817. The name of the Company was changed to Tulip 
 Software Ltd, i.e. the word Private deleted U/s 43A of the Companies
 
 Act, 1956 and the company has become a deemed Public Company w.e.f. 
 1st July 1997. The name of the Company was changed to Tulip IT 
 Services Ltd. vide fresh Certificate of Incorporation dated 10th
 January , 
 2002. . The company has shifted its registered office from J-31 New
 Delhi, 
 South Extension Part 1, New Delhi- 110049 to C-160, Okhla Industrial
 
 Area, Phase I, New Delhi - 110 020 w.e.f. July 18th, 2003.
 
 The company started  operations in 1992 as traders in software
 products. 
 At present it has  13 year old organization and during this period It
 has 
 gone through series of diversifications, expanded our reach at
 various 
 locations in India and set up a 100% subsidiary at Singapore. The 
 Company was promoted by Lt. Col Hardeep Singh Bedi and Ms. Maninder 
 Bedi. During the financial year 2004-05 the company  initiated our
 Wireless 
 based IP/VPN services to provide connectivity across cities, through
 our product 
 Tulip Connect. Within a short span we were able to execute orders
 worth
 Rs. 1,578 Lacs. The list of clients for this line of business
 includes HDFC 
 Bank, Sapiant, Playwin, Inlott, etc. Our network was even able to
 connect 
 remote cities like Guwahati, Rudrarpur, Baddi and Parwanoo. 
 
 Due to this  initiative the company has not discontinued any of its
 other line of 
 business.
 
 Milestones of the Company
 
 * In the year 1994-95, we diversified in to hardware and became a
 leading 
 partner for most major computer manufacturers.
 
 * During the year 1995-96, we further diversified our product profile
 and 
 changed the basic characteristic of our business from being just a
 small 
 software dealer to become a system integrator. This changed our
 clientele 
 from the small & medium customers in the private sector and
 Government 
 Departments to the large business enterprises in the country.
 
 * During the year 1995-96 we opened our Mumbai branch, which helped
 in 
 expanding our operations in the western India. It was during this
 period that 
 we started providing turnkey telecom solutions to major
 organizations.
 
 * In the year 2000-01 we saw the potential in becoming a Network
 Integrator 
 and started tapping this business.
 
 * In the year 2004-05 we have completed the first project to provide
 internet on 
 wireless network in Malappuram district of Kerala
 
 * In the year 2004-05 we started rolling out the wireless based
 IP/VPN services
 
 2006
 
 -Tulip IT Services Ltd has announced the induction of Lt. Gen. P P S
 Bhandari, PVSM, AVSM to the high profiled appointment of the
 company's Vice Chairman.
 
 2007
 
 -Tulip IT Services Ltd has appointed Mr. Prithipal Singh as an
 Additional Director of the Company in terms of Section 260 of the
 Companies Act, 1956.
 
 -Tulip IT Services Ltd has appointed Mr. Vinod Chander Sinha as a
 member of Audit Committee and Shareholders/ investor's Grievances
 Committee at the Board Meeting.
 
 2008
 
 - Company name has been changed from Tulip IT Services Ltd to Tulip
 Telecom Ltd.
 
 2010
 
 - Tulip Telecom Ltd has won 3rd prestigious R-APDRP Project.
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2011
 
 - Tulip Telecom to power World's third largest Data Center in India.
 
 - Tulip Telecom appoints IBM and Schnabel as its partner to Build
 World's Third largest Data Center in Bengaluru.
 
 - Tulip Telecom bags four large Network and Data Centre orders in
 excess of Rs. 199 Crore (Aprox).
 
 - Iomega launches video surveillance services; partners with Tulip
 Telecom, MindTree.
 
 2012
 
 - Tulip Data City, India's largest and world's third largest single
 site Data Center, operational.
 
 - Tulip Telecom bags project from Department of Information
 Technology.
 
 - Tulip Telecom adds another large-scale project in its Managed
 Services portfolio for Government segment.
 
 - Tulip Telecom wins Rs. 87.23 crore Order for its new Bangalore Data
 Center from Unique Identification Authorit.