Outcome of Board meeting

STEP TWO CORPORATION LIMITED “AVANI SIGNATURE” 91A/1, Park Street, Kolkata – 700 016 Ph.No.(033)6628 9111, E-mail : admin@steptwo.in CIN : L65991WB1994PLC066080 Date: 02.09.2026 To, To, The Chief General Manager, The Calcutta Stock Exchange Limited, Listing Operation, 7, Lyons Range, BSE Limited, Kolkata – 700001 20th Floor, P. J. Towers, Dalal Street, Scrip Code :029182 Mumbai – 400 001 Scrip Code: 531509 Dear Sir/Madam, Sub: Outcome of the Board Meeting of Step Two Corporation Limited (“the Company”) held on Wednesday, September 02, 2026. Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Further to our letter dated Friday, August 28, 2026, and in accordance with the provisions of Regulation 30 read with Schedule III of the SEBI LODR Regulations, we would like to inform you that the Board of Directors of the Company at its meeting held today, i.e., Wednesday, September 02, 2026, has inter-alia considered and approved the following matters: 1. Increase in Authorised Share Capital of the Company and Alteration of Capital Clause of Memorandum of Association of the Company. The Board has approved the increase in the Authorised Share Capital of the Company from existing Rs. 7,85,00,000/- (Rupees Seven Crores and Eighty-Five Lakhs Only) divided into 78,50,000 (Seventy-Eight Lakhs and Fifty Thousand) equity shares of face value of Rs. 10/- (Rupees Ten Only) each to Rs. 12,00,00,000/- (Rupees Twelve Crores Only) divided into 1,20,00,000 (One Crore and Twenty Lakhs) Equity Shares of face value of Rs. 10/- (Rupees Ten Only) each ranking pari- passu with the existing Equity Shares in all respects as per the Memorandum and Articles of Association of the Company, subject to the approval of the shareholders, and subsequent alteration in the capital clause of Memorandum of Association of the Company as follows: - “V. The Authorised Capital of the Company is Rs. 12,00,00,000/- (Rupees Twelve Crores Only) divided into 1,20,00,000 (One Crore and Twenty Lakhs) Equity Shares of Rs. 10/- each with such rights, privileges & conditions attaching thereto as are provided by the regulations of the Company for the time being, with power to increase and decrease the capital to the Company and to divide the shares in capital for the time being into several classes.” 2. Issuance and allotment of equity shares by way of preferential issue on private placement basis (“Preferential Issue”): Subject to the approval of shareholders of the Company and such other regulatory/governmental authorities as may be required, the Board has approved to create, offer, issue and allot by way of a preferential issue of 23,50,000 (Twenty-Three Lakhs and Fifty Thousand) equity shares of the face value of Rs. 10/- (Rupees Ten only) each, at an issue price of Rs. 17/- (Rupees Seventeen only) per equity share [including premium of Rs. 7/- per equity share] as determined in accordance with the provisions of Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended to individuals belonging to the Non- Promoter Category, as detailed in Annexure A, on a private placement basis on such terms and condition as may be determined by the Board. The requisite disclosures and information with respect to the aforementioned preferential issue as required under Regulation 30 of the SEBI (LODR) Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are annexed herewith marked as Annexure I. 3. The Board has finalised that the special resolution for issuance of equity shares shall be taken in the upcoming Annual General Meeting of the Company for the Financial Year 2025-2026 to be held at its Registered Office on 28th September, 2026 at 10.00 A.M. A corrigendum to the notice of AGM will be duly issued. 4. The Board has fixed the Relevant Date in terms of provisions of the SEBI ICDR Regulations for determining the floor price for the preferential issue, i.e. Friday, August 28, 2026. The aforesaid intimation is also being hosted on the website of the Company, i.e., www.steptwo.in. The Board meeting commenced at 3.30 P.M. and concluded at 4.30 P.M.. Kindly take the above information on record and acknowledge. Thanking you, Yours faithfully, For Step Two Corporation Limited Anuj Agarwal Director DIN: 02984121 Encl: as above STEP TWO CORPORATION LIMITED “AVANI SIGNATURE” 91A/1, Park Street, Kolkata – 700 016 Ph.No.(033)6628 9111, E-mail : admin@steptwo.in CIN : L65991WB1994PLC066080 Annexure-I Further, in terms of Regulation 30 of the SEBI (LODR) Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, we hereby submit the following disclosures for your kind consideration: Sl. No. Particulars Disclosures 1. Type of Securities proposed to be issued Equity shares 2. Type of Issuance (further public offering, Preferential allotment in accordance with rights issue, depository receipts (ADR/GDR), Chapter V of the SEBI (ICDR) qualified institutions placement, preferential Regulations and other applicable laws allotment etc.) 3. Total number of Securities proposed to be Upto 23,50,000 (Twenty-Three Lakhs and issued or the total amount for which the Fifty Thousand) Equity Shares of the securities will be issued (Approximately) Company of face value of Rs. 10/- (Rupees Ten Only), each at an Issue Price of Rs. 17/- (Rupees Seventeen Only) each (Including a premium of Rs. 7/- per equity share) for a cash consideration not exceeding aggregating an amount of Rs 3,99,50,000/- (Rupees Three Crores Ninety-Nine Lakhs and Fifty Thousand Only). 4. In case of preferential issue, the listed entity shall disclose the following additional details to the Stock Exchanges: a) Number of Investors Three (03) b) Post allotment of securities– outcome of the Details of the shareholding of the subscription Proposed Allottees in the Company prior to and after the Preferential Issue are marked as Annexure A. c) Issue Price/ allotted price (in case of Issue Price of Rs. 17/- (Rupees Seventeen convertibles) Only) per equity share (including a premium of Rs. 7 per equity share). Thanking you, Yours faithfully, For Step Two Corporation Limited Anuj Agarwal Director DIN: 02984121 Annexure A Details of proposed Allottees in the Preferential Issue, belonging to the Non-Promoter category: Sl. Name of the Category Pre-Preferential Allotment$ Post-Preferential No. Proposed allotment allotment Allottee shareholding shareholding*$ No. % No. % No. % 1. Basanti Mehta Non- NA NA 12,85,000 13.19% 12,85,000 13.19% Promoter 2. Sunita Mehta Non- NA NA 8,21,000 8.43% 8,21,000 8.43% Promoter 3. Pooja Mehta Non- NA NA 2,44,000 2.50% 2,44,000 2.50% Promoter *The above post-issue shareholding is prepared assuming the issue is fully subscribed. $Calculated on post allotment capital of 97,44,800 equity shares Note: Change in percentage, if any, is due to rounding off. Thanking you. Yours faithfully, For Step Two Corporation Limited Anuj Agarwal Director DIN: 02984121