Announced Thu, 22 May · 17:38 IST

VC Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post Offer Public Advertisement to the equity shareholders of Step Two Corporation Ltd ("Target Company").

Price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

VC Corporate Advisors Pvt Ltd, acting as Manager to the Offer, has submitted a copy of the Post Offer Public Advertisement to BSE on behalf of Mr. Anuj Agarwal (the Acquirer) for the open offer made to equity shareholders of Step Two Corporation Ltd. The open offer was for up to 14,16,780 equity shares of face value Rs. 10 each, representing 19.16% of the total expanded equity and voting share capital of the company. The Post Offer Public Advertisement was published on May 22, 2025, in Business Standard (English and Hindi, all editions), Mumbai Lakshadeep (Marathi, Mumbai edition), and Arthik Lipi (Bengali, Kolkata edition), in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Likely market impact

This is a routine post-offer compliance filing confirming the completion of the open offer process for acquiring up to 19.16% stake in Step Two Corporation Ltd by Mr. Anuj Agarwal. No immediate material impact on existing shareholders' holdings, though it signals the conclusion of a significant acquisition event under SEBI takeover regulations.