Description

BSE permits trading of 31,47,500 new equity shares of Step Two Corporation Ltd. issued on preferential basis with effect from September 1, 2025.

Summary

BSE has listed 31,47,500 new equity shares of Step Two Corporation Ltd. (Scrip Code: 531509) issued on a preferential basis to promoters and non-promoters. These shares will commence trading on Monday, September 1, 2025.

Key Points

  • 31,47,500 equity shares of Rs. 10/- each issued at premium of Rs. 5/-
  • Issue price: Rs. 15/- per share
  • Allotment date: April 9, 2025
  • ISIN: INE623D01015
  • Distribution numbers: 5052101 to 8199600
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. Standard listing procedure for preferential issue.

Compliance Requirements

  • Trading members must note the new securities for trading
  • Lock-in restrictions apply as specified

Important Dates

  • Trading commencement: September 1, 2025
  • Allotment date: April 9, 2025
  • Lock-in expiry:
    • 13,00,000 shares (Dist. Nos. 5052101 to 6352100): March 25, 2027
    • 18,47,500 shares (Dist. Nos. 6352101 to 8199600): April 9, 2026

Impact Assessment

Minimal market impact as this is a routine listing of preferential shares for a single company. The lock-in periods ensure gradual market availability of these securities.

Impact Justification

Routine listing of preferential shares for a single company with limited market impact