Premier Ltd

Standalone performance

• Standalone Q1 2026-27: total income Rs 23 lakhs; net loss Rs 176 lakhs.
• EPS Basic & Diluted: Rs -0.58 for the quarter.
• Profit before tax and net profit both at Rs -176 lakhs.
• Chakan plant operations suspended since 3 March 2020 due to working capital.

Consolidated performance

• Consolidated Q1 2026-27: total income Rs 23 lakhs; net loss Rs 176 lakhs.
• Consolidated EPS Basic & Diluted: Rs -0.58.
• Single reportable segment: Engineering.
• Associate PAL Credit & Capital not provided; equity method; no carrying value.
• Delays in IEPF transfer of Rs 46.55 lakhs; in process.
• COC approved Fab Metals plan; NCLT approval pending.
• CIRP ongoing; going concern under moratorium.

Audit notes & CIRP context

• Auditors issued a qualified limited review due to going concern risk.
• Net worth eroded; impairment not assessed per Ind-AS 36.
• CoC plan may impact future liabilities; approval pending before NCLT.
• March 31, 2026 figures noted as balancing figures in the report.
• Management vested in Resolution Professional; operations under CIRP.

Business model & segment

• Engineering is the single reportable segment per Ind-AS 108.

Rescheduled meeting and trading window

• Board meeting rescheduled from Aug 12, 2026, 02:30 PM to Aug 13, 2026, 02:30 PM.
• Original date: Aug 12, 2026; new date: Aug 13, 2026.
• Agenda: consider, approve and take on record unaudited financial results for quarter ended June 30, 2026.
• Trading window remains closed for Directors, KMPs, Designated Persons from July 01, 2026 to Aug 15, 2026.
• Trading window closes 48 hours after filing the unaudited results.
• No explicit reason for postponement provided.

Meeting Details

• Board meeting scheduled for August 12, 2026 at 02:30 P.M.; location not disclosed.

Key Agenda Items

• Approval and recording of unaudited standalone and consolidated financial results for quarter ended June 30, 2026.

Other Notes

• Trading window closed from July 01, 2026 to August 14, 2026.
• Premier Limited is in Corporate Insolvency Resolution Process (CIRP).

Dematerialisation status

• Securities received for dematerialisation during the reporting quarter were confirmed to depositories.
• Securities in the certificates have been listed on the relevant stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the register within prescribed timelines.