5005402026-04-012026-06-305005402026-04-012026-06-30in-capmkt:OtherExpenses1Member5005402026-04-012026-06-30in-capmkt:OtherExpenses2Member5005402026-04-012026-06-30in-capmkt:OtherExpenses3Member5005402026-04-012026-06-30in-capmkt:OtherExpenses4Member5005402026-04-012026-06-30in-capmkt:OtherExpenses5Member5005402026-04-012026-06-30in-capmkt:OtherExpenses6Member5005402026-04-012026-06-30in-capmkt:OtherExpenses7Member5005402026-04-012026-06-30in-capmkt:OtherExpenses8Memberiso4217:INRiso4217:INRxbrli:shares

500540

PREMIER

NOTLISTED

INE342A01018

PREMIER LIMITED

Main Board

Equity

2026-04-01

2027-03-31

2026-08-13

2026-08-10

INR

Lakhs

Quarterly

First quarter

Single segment

ENGINEERING

2026-08-13

14:30:00

2026-08-13

17:10:00

Not applicable

2026-04-01

2026-06-30

Unaudited

Consolidated

2300000

2600000

12500000

4800000

19900000

-17600000

303700000

-0.58

1) 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. 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 92.47% assent through e-voting. The same has also been disclosed to the Stock Exchanges on 26th January, 2022. Accordingly, the further approval from the Hon’ble NCLT, Mumbai Bench is in progress currently. 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’ble NCLT. 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. 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. 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 30th June, 2026. 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. 6) The above unaudited consolidated financial results for the quarter ended 30th June, 2026 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. 7) The Company has an associate, PAL Credit and Capital Limited, whose financial information had to be incorporated in the consolidated financial results. However, the associate company has not filed its annual returns with the Registrar of companies for a period of more than five years and has not been operational for a substantial period of time. Therefore, the management of the Company was unable to provide the accounts of the associate for the quarter under review and quarter ended June 30, 2026. Moreover, the consolidated financial statements are prepared wherein the investment in associate is valued as per the Equity method in terms of Ind-As 28, Investment in Associates & Joint Ventures. The net worth of the associate company has been eroded and there being no carrying value of the said investment at the year end, the Company has not recognized its share of any further losses of the associate during the quarter ended June 30, 2026. 8) The Holding Company is engaged in only one business segment i.e. Engineering. Accordingly, there is only one reportable segment as per Ind-As 108, ‘Operating Segments’. 9) The figures of the quarter ended March 31, 2026 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. 10) Previous period/year figures have been regrouped / restated and / or rearranged wherever necessary.

Machinery

1000

Rent

1144000

Printing & Stationary Expenses

9000

Insurance

47000

For Statutory Audit

50000

Professional & Legal fees

2505000

Other expenses

900000

Travelling and conveyance

144000