Step Two Corporation Approves ₹3.995 Crore Preferential Share Issue

Board approved preferential issue of up to 23.5 lakh non-promoter equity shares at Rs 17 each, raising up to Rs 4 Cr; shareholder approval is due on September 28, 2026. Authorised share capital will rise from Rs 7.85 Cr to Rs 12 Cr to facilitate the issue; three individual investors are proposed allottees. The allottees would hold 24.1% post-issue; use of funds, dilution impact beyond allottee stakes and issue timeline remain undisclosed. Regulatory approvals are pending.