Opening of Offer to Buy – Acquisition Window (Takeover) of STEP TWO CORPORATION LIMITED

Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeover, Buy Back and De-listing vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015, and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017,20190424-35 dated April 24, 2019, and 20200528-32 dated 28 May 2020, 20201102-43 dated 02 Nov 2020, 20210825-62 dated Aug 25,2021 has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.

All market participants are hereby informed that an open offer is made by MR. ANUJ AGARWAL ("ACQUIRER") to the Public Shareholders of STEP TWO CORPORATION LIMITED ("Target Company") at a price of Rs.16.50 (Rupees Sixteen and Fifty Paise Only) including an interest at the rate of 10% (Ten Percent) per annum for the period of 365 days i.e., Rs. 1.50 has been added to the Offer Price calculated for the period of delaypayable in cash to acquire up to 14,16,780(Fourteen Lakhs Sixteen Thousand Seven Hundred and Eighty) fully paid-up equity shares of face value of Rs.10.00/- each payable in cash, representing 19.15% of the expanded equity and voting share capital of the Target company pursuant to and in compliance with the provisions of Regulations 3(1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This Offer is being made by the Acquirer pursuant to Regulations 3(1) & 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations") for substantial acquisition of shares/ voting rights accompanied with change in control and management of the Target Company from Wednesday , 16^th April 2025 to, Wednesday , 30^th April (Excluding 18^th April 2025 is a SEBI Holiday).<_o3a_p>

Letter of Offer is herewith attached for your perusal.<_o3a_p>

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and 20190424-35 dated April 24, 2019 along with the details of this Offer to Buy would be available on BSE Website - www.bseindia.com.<_o3a_p>

<_o3a_p>

Mangesh Tayde <_o3a_p>

Deputy General Manager<_o3a_p>

Listing Business Relationship<_o3a_p>

April 11, 2025