5005402025-10-012025-12-315005402025-04-012025-12-315005402025-10-012025-12-31in-capmkt:OtherExpenses1Member5005402025-10-012025-12-31in-capmkt:OtherExpenses2Member5005402025-10-012025-12-31in-capmkt:OtherExpenses3Member5005402025-10-012025-12-31in-capmkt:OtherExpenses4Member5005402025-10-012025-12-31in-capmkt:OtherExpenses5Member5005402025-10-012025-12-31in-capmkt:OtherExpenses6Member5005402025-10-012025-12-31in-capmkt:OtherExpenses7Member5005402025-10-012025-12-31in-capmkt:OtherExpenses8Member5005402025-10-012025-12-31in-capmkt:OtherExpenses9Member5005402025-10-012025-12-31in-capmkt:OtherExpenses10Member5005402025-04-012025-12-31in-capmkt:OtherExpenses1Member5005402025-04-012025-12-31in-capmkt:OtherExpenses2Member5005402025-04-012025-12-31in-capmkt:OtherExpenses3Member5005402025-04-012025-12-31in-capmkt:OtherExpenses4Member5005402025-04-012025-12-31in-capmkt:OtherExpenses5Member5005402025-04-012025-12-31in-capmkt:OtherExpenses6Member5005402025-04-012025-12-31in-capmkt:OtherExpenses7Member5005402025-04-012025-12-31in-capmkt:OtherExpenses8Member5005402025-04-012025-12-31in-capmkt:OtherExpenses9Member5005402025-04-012025-12-31in-capmkt:OtherExpenses10Memberiso4217:INRiso4217:INRxbrli:shares500540PREMIERNOTLISTEDINE342A01018PREMIER LIMITEDMain BoardEquity2025-04-012026-03-312026-02-062026-02-03INRLakhsQuarterlyThird quarterSingle segmentENGINEERING2026-02-0602:30:002026-02-0605:50:00Not applicable2025-10-012025-12-31UnauditedConsolidated0290000029000000000300000013400000400000020400000-175000000-175000000000-175000000000-175000000-1750000030370000010-0.58-0.5800-0.58-0.581. The Company is undergoing Corporate Insolvency Resolution Process (“CIRP”) vide order no. C.P. (IB) 1224/MB/2020 pronounced on 29th January,2021 by The Hon’ble 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 Hon'ble 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.IBBI/IPA-001/IP-P-01757/2019-2020/12685]. These unaudited consolidated 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 had approved the resolution plan submitted by Fab Metals Pvt. Ltd. with 92.47% assent through e-voting. The same has already been disclosed to the Stock Exchanges on 26th January, 2022. Accordingly, the further approval from the Hon’able NCLT, Mumbai Bench is in progress currentlly. <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 Hon’able 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 Company's 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 & interest thereon amounting to Rs. 46.55 lakhs to the Investor Education & Protection Fund (“IEPF”) in compliance with the provisions of section 125 of the Companies Act, 2013, which was due for transfer as at 31st December 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 consolidated financial results for the quarter & nine month period ended ended 31st December, 2025 are reviewed by the Statutory Auditor of the Company, under regulation 33 of Securities & 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. During the quarter ended September 30, 2025, land situated at Village Usarghar was earlier sold to Horizon Limited on 31.12.2012 that was later acquired for a railway project. As per the written understanding between the parties, the compensation receivable from the governement would accrue and be credited to Premier Limited. A portion of land, measuring 860 sq meters was acquired by Dedicated Freight Corridor Corporation (DFCC), and the matter was under hearing before the Sub-Divisional Officer (SDO). Pursuant to the proceedings, compensation of Rs 164 Lakhs was awarded and finally released to te Company on July 14, 2025. This amount has been treated as other income in these standalone financial results. <BR> <BR> 8. Previous period/year figures have been regrouped / restated and / or rearranged wherever necessary.2025-04-012025-12-31UnauditedConsolidated0250000002500000000009400000403000001641800066118000-411180000-411180000000-411180000000-411180000-4111800030370000010-1.35-1.3500-1.35-1.35Repairs and Maintenance - Machinery, Buildings0Rent0Rates and taxes0Printing & Stationary Expenses0Insurance0Remuneration to Auditors - For Statutory Audit0Professional & Legal fees0Other expenses4000000Net Loss on foreign currency transaction0Travelling and conveyance0Repairs and Maintenance - Machinery, Buildings34000Rent3432000Rates and taxes13000Printing & Stationary Expenses33000Insurance152000Remuneration to Auditors - For Statutory Audit150000Professional & Legal fees8875000Other expenses2952000Net Loss on foreign currency transaction221000Travelling and conveyance556000