This is in continuation to our intimation dated 30th October 2026 u/r 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the declaration of results on 05th November 2026. The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th September 2026 were issued by M/s. Jayesh Dadia & Associates LLP, the Statutory Auditors, pursuant to Regulation 33 of the ....

Kanak Jani Chartered Accountant & Insolvency Professional IBBI Reg. No. IBBI/IPA-001/IP-P-01757/2019-2020/12685 05th November 2026 To, To, BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Floor 25, P.J. Towers, ’Exchange Plaza’, Bandra-Kurla Complex, Dalal Street, Mumbai – 400001 Bandra (E), Mumbai – 400051 Scrip Code: 500540 NSE Symbol: PREMIER ISIN: INE342A01018 Sub: Unaudited Financial Results (Standalone and Consolidated) of Premier Limited (“the company”) for the Quarter ended 30th September 2026. Dear Sir/Madam, This is in continuation to our intimation dated 30th October 2026 u/r 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the declaration of results on 05th November 2026. The Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30th September 2026 were issued by M/s. Jayesh Dadia & Associates LLP, the Statutory Auditors, pursuant to Regulation 33 of the Listing Regulations. The said results thereon are attached herewith. As you are aware, the company is under Corporate Insolvency Resolution Process (CIRP) in terms of the Order of Hon’ble NCLT, Mumbai Bench dated 29th January 2021. The powers of the Board of Directors are suspended and are vested in the undersigned Resolution Professional and Company’s affairs, business, and assets are being managed by the undersigned Resolution Professional. The results were signed by Ms. Kanak Jani, Resolution Professional of the company. The meeting commenced at 2:30 p.m. and concluded at 06:15 p.m. Kindly take the above on record. Thanking you, Yours faithfully, For Premier Limited (In CIRP) Kanak Jani Resolution Professional IP Reg. No: IBBI/IPA-001/IP-P-01757/2019 -2020/12685 AFA Valid upto: 31-12-2026 Email Id: premier.cirp@gmail.com Registered. Office: 17, Sai Moreshwar Luxuria, Plot No. 74, Sector 18, Kharghar, Next to Sanjeevani International School, Navi Mumbai, Maharashtra – 410 210 Correspondence Office: 4th Floor, Indian Mercantile Mansion Extn, Madame Cama Road, Colaba, Mumbai – 400 005 Email Id: premier.cirp@gmail.com | Contact No: 9819875760 JAYESH DADIA & ASSOCIATES LLP 422, Arnn Chambers, Tardeo, Mumbai -400034. Tel.: +91-22-66602417 / 66601056 Fax: +91-22-66602418 E-mail: info@jdaca.com Website : www.jdaca.com Independent Auditor's Review Report on Quarterly Standalone Financial Results The Resolution Professional of Premier Limited (A Company under corporate insolvency resolution process) 1. We have reviewed the accompanying statement of standalone unaudited financial results of l\tf/s. Premier Limited ('the Company') for the quarter & half year ended September 30, 2026 (the 'Statement) being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, as am.ended. This Statement is the responsibility of the Company's Management. However, as mentioned in note no. 1 to this statement, the Honorable NCLT, Mumbai Bench has admitted the petition for commencing Corporate Insolvency Resolution Process under the Insolvency & Bankmptcy Code, 2016 ('the Code') against the Company vide its order dated January 29, 2021. Further, until the resolution is approved by the Honorable NCLT, moratorium shall continue to be in effect and accordingly, the Resolution Professional ('RP') shall continue to manage the operations of the Company on a going concern basis during the CIRP. These standalone financial results have been prepared by the management of the Company and certified by the RP. Our responsibility is to express our conclusion on the Statement based on our review. 2. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan & perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to enquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not perfom1ed an audit and accordingly, we do not express an audit opinion. 3. Basis for Qualified Conclusion a. We draw your attention to the fact that the Net Worth of the Company has been completely eroded as at the half year ended September 30, 2026. Further, the company has incurred a further loss of Rs. 291.07 Lakhs (excluding other comprehensive income) for the half year ended September 30, 2026. Further, the operations of the company have continued to remain suspended during the half year ended September 30, 2026 owing to the lack of working capital available to the company as mentioned in note no. 4 to these standalone financial results. These conditions indicate that a material uncertainty exists that may cast significant doubt on the entity's ability to continue as a going concern. Despite these circumstances, these standalone financial results have been prepared on a going concern basis. b. The Company has not assessed impairment of carrying value of property, plant and equipment, capital work in progress and intangible assets in accordance with requirements of Indian Accounting Standard 36 on "Impairment of Asset.'>". We are unable to obtain sufficient appropriate audit evidence about the recoverable amount of the Company's tangible assets, capital work in progress and intangible assets. Consequently, we are unable to determine whether any adjustments to carrying value are necessary and consequential impacts on the statement. Further, as mentioned in note no. 2 to this Statement, the CoC has approved the resolution plan and approval petition for the same is pending before the NCLT. However, we are not privy to the terms & conditions of the approved plan as the same has not been made available to us for our perusal. Therefore, we are unable to comment as to whether any provisions are required for impairment in the value of the assets or cessation of any liabilities. c. In accordance with the Insolvency and Bankruptcy Code (Code), the Resolution Professional ("RP") has to receive, collate and admit the claims submitted by the creditors as a part of Corporate Insolvency Process ("CIRP"). Such claims can be submitted to the RP till the approval of the resolution plan by the CoC. The amount of claim admitted by the RP may be different than the amount reflecting in the financial results of the Company as on September 30, 2026. Pending final outcome of the CIRP, no adjustments have been made in these financial results for the differential amount, if any. Hence, consequential impact, if any, is currently not ascertainable and we are unable to comment on possible financial impacts of the same. d. We draw your attention to the fact that updation of personnel records was carried out based on the availability of the documents, data, etc. In addition, employee dues including retirement/ termination benefits were calculated based on the available data and only till the initiation of the CIRP. Moreover actuarial valuation for gratuity & privileged leave was conducted only till the nine month ending December 31, 2020 being the quarter immediately preceding the initiation of CIRP. e. As mentioned in note no.1 to this Statement, the Company is under CIRP for the entire financial year. Under the CIRP, all the expenses incurred I payments made during the year by the Company are to be approved by the CoC. However, the relevant records such as the minutes of the CoC meetings approving the expenses I payments have not been provided to us. Therefore, we are unable to comment as to whether all the expenses incurred during the year have been approved by the CoC. by the provisions of Section 203 of the Companies Act, 2013 and the other relevant rules made [Showing first 8,000 characters — download PDF for full document]