Following are steps :
Run “regedit” and locate: "HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\ Explorer\ShellIconOverlayIdentifiers\"
rename the folders in order you want (trick use 01_, 02_ as prefixes)
terminate explorer.exe from task manager and re-run explorer.exe task.
You will see that overlays are shown where you did not see them initially as per preferences given