VC Corporate Advisors Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement cum Corrigendum to the detailed public statement to the Shareholders ....
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On the reaction day the stock moved 9.3 pts more than Nifty Microcap 250 and 8.9 pts more than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Anuj Agarwal has launched an Open Offer to buy up to 14,16,780 equity shares (face value Rs. 10 each) of Step Two Corporation Limited, representing 19.16% of the company's expanded equity and voting share capital. The Offer Opening Public Announcement cum Corrigendum to the Detailed Public Statement was published on April 15, 2025, in Business Standard (English and Hindi), Mumbai Lakshadeep (Marathi), and Arthik Lipi (Bengali). The offer is being made under Regulation 18(7) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. VC Corporate Advisors Pvt Ltd is acting as the Manager to the Offer. The corrigendum suggests there was a prior Detailed Public Statement that has now been updated or corrected.
Shareholders of Step Two Corporation now have the option to tender their shares in the open offer. The stock may see price movement as the offer price gets established and shareholders weigh the offer against holding the stock. Existing investors should review the corrigendum details carefully before deciding to participate.