The Exchange had sought clarification from Premier Limited for the quarter ended 30-Jun-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.

Premier Limited, under Corporate Insolvency Resolution Process (CIRP) since January 2021, responded to NSE queries regarding Q1 FY26 results. The company clarified it operates in a single engineering segment (no segment reporting required) and continues filing consolidated results including its non-operational associate PAL Credit & Capital Ltd. Financial results show a net loss of Rs. 194 lakhs for the quarter, with net worth completely eroded and reserves at negative Rs. 43,958 lakhs. Manufacturing operations at Chakan remain suspended since March 2020 due to lack of working capital. The Committee of Creditors approved a resolution plan by Fab Metals Pvt. Ltd. with 92.47% assent in January 2022, with NCLT approval still pending. Auditors issued qualified reports citing going concern uncertainty, absence of impairment assessments on assets, unverified creditor claims, and non-compliance with Companies Act requirements (no Company Secretary or Internal Auditor appointed). Additionally, there is a delay in transferring Rs. 46.55 lakhs to IEPF.