NSE · Corporate Action · Low

NSE admits fresh equity of 5 SME EMERGE firms from preferential, FCCB conversion

NSE lists additional shares for BIRDYS, CELLECOR, POLYSIL, RNFI, and Renol Polychem, with specified lot sizes and lock-in periods, effective July 15, 2026.

13 Jul 2026 Effective July 15, 2026 Affects: Shareholders of Grill Splendour Services (BIRDYS), Cellecor Gadgets (CELLECOR), Polysil Irrigation (POLYSIL), RNFI Services (RNFI), and Renol Polychem on the NSE SME EMERGE segment.

What changed

NSE admitted 380,000 equity shares of Grill Splendour (BIRDYS) at ₹85.61, lock-in until Jan 18, 2027; lot size 1,200.
NSE admitted 1,649,138 shares of Cellecor Gadgets (CELLECOR) at ₹29 from FCCB conversion, no lock-in; lot size 3,000.
NSE admitted 4,000,000 shares of Polysil Irrigation (POLYSIL) at ₹17.55, lock-in until Jan 31, 2027; lot size 500.

The read

This is a routine listing notification, not a story. NSE has admitted fresh equity for five SME EMERGE companies: Grill Splendour (BIRDYS, 380,000 shares at ₹85.61), Cellecor Gadgets (CELLECOR, 1,649,138 shares at ₹29 from FCCB conversion), Polysil Irrigation (POLYSIL, 4,000,000 shares at ₹17.55), RNFI Services (RNFI), and Renol Polychem, effective July 15, 2026. Lot sizes vary: 1,200 for BIRDYS, 3,000 for CELLECOR, 500 for POLYSIL. Lock-in applies for the preferential allotments; CELLECOR's FCCB-derived shares have none. There is no regulatory change, just the formalisation of tradability for already-issued shares. Investors should note the lot sizes and lock-in expiry dates for trading.

Grill Splendour Services (BIRDYS)Cellecor Gadgets (CELLECOR)Polysil Irrigation (POLYSIL)

Primary source: official circular (PDF)