Step Two Corporation Limited has made two significant announcements through this regulatory filing under SEBI Regulation 30.

New Business Segment Launch

The company proposes to commence a lending business focused exclusively on financing electric two-wheelers and batteries. The primary objective is to support the adoption of electric mobility and provide accessible financing solutions to eligible borrowers.

Target Market: The business will primarily cater to e-rickshaw drivers and other eligible customers requiring financing for electric two-wheelers and batteries.

Business Model: Loans will be facilitated through tie-ups with dealers who will assist prospective borrowers in identifying suitable products and initiating the loan application process. The company will undertake loan appraisal, sanction, disbursement, repayment monitoring, and other applicable activities in accordance with approved policies and regulatory requirements.

Initial Launch Locations:

  • Mathura, Uttar Pradesh
  • Chhattisgarh
  • Ludhiana, Punjab

Expansion Plans: Following the initial rollout, the company intends to progressively expand operations across India, subject to business performance, operational readiness, and compliance with applicable laws and regulatory requirements.

Key Objectives: Facilitate access to finance for electric mobility, support e-rickshaw drivers and eligible borrowers in acquiring electric vehicles and batteries, and develop a sustainable dealer-led lending network.

Corporate Rebranding

The company has adopted a new corporate logo and refreshed its brand identity, effective from November 3, 2026. The new logo represents the company's evolving strategic focus, commitment to innovation, and future growth orientation while preserving core values and heritage.

Operational Continuity: This change is solely a visual re-branding exercise. The legal name of the company (Step Two Corporation Limited), corporate structure, ownership, registration details (CIN: L65991WB1994PLC066080), stock symbols, and day-to-day operations remain unchanged.

Implementation: The new visual identity will be rolled out across the company's digital assets, corporate communication, branches, products, and official collaterals in a phased manner.

Company Background

Step Two Corporation Limited is a registered Non-Banking Financial Company based in Kolkata, engaged in financing and capital markets activities. The company also provides financial consultancy services and has been operating in this field for about a decade. The company is listed on both the Bombay Stock Exchange and Calcutta Stock Exchange.

Financial Impact

Financial impact not quantified in the disclosure for either the new business segment or the rebranding exercise.