5005402025-04-012025-06-305005402025-04-012025-06-30in-capmkt:OtherExpenses1Member5005402025-04-012025-06-30in-capmkt:OtherExpenses2Member5005402025-04-012025-06-30in-capmkt:OtherExpenses3Member5005402025-04-012025-06-30in-capmkt:OtherExpenses4Member5005402025-04-012025-06-30in-capmkt:OtherExpenses5Member5005402025-04-012025-06-30in-capmkt:OtherExpenses6Memberiso4217:INRiso4217:INRxbrli:shares500540PREMIERNOTLISTEDINE342A01018PREMIER LIMITEDMain BoardEquity2025-04-012026-03-312025-08-112025-08-06INRLakhsQuarterlyFirst quarterSingle segment ENGINEERING2025-08-1116:00:002025-08-1117:30:00Not applicable2025-04-012025-06-30UnauditedConsolidated0278000027800000000329300013417000542900022139000-193590000-193590000000-193590000000-193590000-19359000000030372500010-0.64-0.64-0.64-0.64-1.28-1.281) The Company is undergoing Corporate Insolvency Resolution Process CIRP vide order no CP IB 1224MB2020 pronounced on 29th January2021 by The Honble National Company Law Tribunal NCLT Mumbai Bench under the provisions of the Insolvency and Bankruptcy Code 2016 the Code Pursuant to the order the management of affairs of the Company and powers of the Board of Directors of the Company are now vested with the Resolution Professional RP who is appointed by the Honble National Company Law Tribunal and reconfirmed by COC in first COC meeting As the powers of the Board of Directors are suspended since CIRP initiation and erstwhile Management has resigned these financial results have been prepared by the company and have been signed by the Resolution Professional Ms Kanak Jani IP Registration no IBBIIPA001IPP017572019202012685 These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards Ind AS as specified under Section 133 of the Companies Act 2013 read with rule 3 of the Companies Indian Accounting Standards Rules 2015 as amended from time to time and the provisions of the Companies Act 2013 <BR> <BR> 2) The Committee of Creditors COC in its 17th meeting held on 22nd January 2022 discussed the Resolution plans submitted by the seven prospective resolution applicants PRA and have approved the resolution plan submitted by Fab Metals Pvt Ltd with 9247 assent through evoting The same has already been disclosed to the Stock Exchanges on 26th January 2022 Accordingly the further approval from the Honable NCLT Mumbai Bench is in progress currently <BR> <BR> 3) The Company is being managed as a going concern during the CIRP As mentioned in note no 2 above the CIRP period shall continue till the Resolution Plan accepted by the CoC is approved by Honable NCLT Mumbai Bench The future prospects of the Company would be determined on the completion of CIRP Therefore the financial results have been prepared on a going concern basis <BR> <BR> 4) The manufacturing activities at Companys plant at Chakan remain suspended since 3rd March 2020 due to lack of working capital as reported during the previous quarters year end Further the operations remain affected due to the inability of the Company to function normally and continuing suspension of production post mid March 2020 <BR> <BR> 5) There has been a delay in transferring unclaimed matured fixed deposits and interest thereon amounting to Rs 4655 lakhs to the Investor Education and Protection Fund IEPF in compliance with the provisions of section 125 of the Companies Act 2013 which was due for transfer as at 30th June 2025 However the entire amount is already funded by the Company and maintained in designated bank accounts We are in the process of transferring the said amount to the IEPF as per Section 125 of the Companies Act 2013 <BR> <BR> 6) The above unaudited standalone financial results for the quarter ended 30th June 2025 are reviewed by the Statutory Auditor of the Company under regulation 33 of Securities and Exchange Board of India Listing obligation and disclosure requirements regulation 2015 as amended A qualified limited review report was issued by them thereon <BR> <BR> 7) The figures of the quarter ended March 31 2025 as reported in these financial results are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the end of the third quarter of the relevant financial year <BR> <BR> 8) Previous period year figures have been regrouped restated and or rearranged wherever necessaryRent1144000Insurance50000Remuneration to Auditors50000Professional & Legal Fees3046000Travelling and Conveyance166000Other Expenses973000