Description
NSE notifies listing of further issues of equity shares for Prizor Viztech Limited (PRIZOR) and Ushanti Colour Chem Limited (UCL) on the SME Emerge platform, effective May 05, 2026.
Summary
NSE has notified the listing of further issues of equity shares for two SME Emerge segment companies — Prizor Viztech Limited (symbol: PRIZOR) and Ushanti Colour Chem Limited (symbol: UCL) — effective May 05, 2026. Both listings involve equity shares allotted on a preferential basis pursuant to conversion of warrants.
Key Points
- Both securities are listed on the NSE Capital Market segment under the SME Emerge platform
- Prizor Viztech Limited allotted 1,05,000 equity shares at an issue price of Rs. 291 per share (face value Rs. 10)
- Ushanti Colour Chem Limited allotted 9,93,000 equity shares at an issue price of Rs. 58 per share (face value Rs. 10)
- Both allotments are pari passu with existing shares
- Shares are subject to lock-in periods as specified
- ISINs are currently under temporary ISIN (IN8*********) pending activation per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012
Regulatory Changes
No new regulatory changes introduced. The listing is in pursuance of:
- Regulation 3.1.1 of the National Stock Exchange (Capital Market) Trading Regulations Part A — admission to dealings
- Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A — lot size specification
Compliance Requirements
- Trading members must use the designated security codes (PRIZOR, UCL) for all trades
- Trading must be conducted in the specified market lot sizes (400 for PRIZOR; 2000 for UCL)
- Lock-in restrictions must be observed until respective expiry dates
Important Dates
- Effective Date: May 05, 2026
- Prizor Viztech — Date of Allotment: March 23, 2026
- Prizor Viztech — Lock-in Expiry: November 30, 2026
- Ushanti Colour Chem — Date of Allotment: March 16, 2026
- Ushanti Colour Chem — Lock-in Expiry: December 31, 2026
Impact Assessment
This is a routine administrative circular with limited market-wide impact. The additional shares admitted to trading are relatively small in volume and are restricted to the SME Emerge segment. Existing shareholders of PRIZOR and UCL should note the lock-in expiry dates, after which the newly allotted shares will be freely tradeable. The temporary ISIN status indicates the ISIN activation process is pending as per standard SEBI procedures for additional issues.
| Company | Symbol | Shares Added | Issue Price | Market Lot | Lock-in Expiry |
|---|---|---|---|---|---|
| Prizor Viztech Limited | PRIZOR | 1,05,000 | Rs. 291 | 400 | Nov 30, 2026 |
| Ushanti Colour Chem Limited | UCL | 9,93,000 | Rs. 58 | 2,000 | Dec 31, 2026 |
Impact Justification
Routine further issue listings for two SME Emerge companies involving warrant conversions; limited market-wide impact, relevant primarily to existing shareholders and market makers of these specific scrips.