Prizor Viztech clarifies floor price and valuation report for preferential issue

Prizor Viztech is addressing observations from NSE on its AGM Notice for a proposed preferential issue of 15,13,600 equity shares of Rs 10 each. The company clarified that its Articles of Association do not prescribe an independent floor price method higher than SEBI ICDR norms, so pricing will follow SEBI regulations. It also confirmed that a valuation report under Regulation 164(1) is not mandatory, as no single allottee or group will receive more than 5 percent of post-issue share capital, though one was obtained voluntarily for transparency.