03-Nov-2026 17:05:59
STEP2CORExpansion
STEP TWO : FORAYS INTO E-VEHICLE RETAIL FINANCING WORTH RS 10 CR
• Board approved foray into retail financing of electronic two-wheelers, e-rickshaws and electronic batteries • Estimated investment of ₹10 Cr (₹1000 lacs), to be scaled in due course • Initial launch planned at Mathura (Uttar Pradesh), Chhattisgarh and Ludhiana (Punjab) • Business falls under non-banking financial services; subject to applicable statutory and regulatory approvals • Company cites growing e-vehicle demand and battery replacement market, expects early mover advantage
Step Two Corporation Ltd
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