
Board Meeting3 Nov 2026, 05:10 pm
Step Two Corporation Ltd: Board Approves Unaudited Financial Results
AI Summary
Step Two Corporation Limited announced that its Board of Directors, in a meeting held on November 3, 2026, approved the unaudited financial results for the quarter and six months ended September 30, 2026. The company also revealed plans to enter the retail financing business for electronic two-wheelers, e-rickshaws, and electronic batteries. This new venture is set to launch initially in Mathura (Uttar Pradesh), Chhattisgarh, and Ludhiana (Punjab), with an estimated investment of ₹1000 lacs to be scaled in due course. The company aims to capitalize on the growing demand for e-vehicles and the battery replacement market.
Key Highlights
- Board approved unaudited financial results for Q2 FY27.
- Company plans to enter retail financing for e-vehicles and batteries.
- Initial launch planned for Mathura, Chhattisgarh, and Ludhiana.
- Estimated investment of ₹1000 Lacs (₹10 Crore) for the new venture.
- Aims to leverage growth in the e-vehicle and battery market.
Price Impact
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