Premier Ltd Reports Q3 2025 Results Amid Corporate Insolvency Resolution Process

Premier Ltd, a company under Corporate Insolvency Resolution Process (CIRP), has reported its unaudited financial results for the quarter ended 30th September 2025. The results were signed by the Resolution Professional, Ms. Kanak Jani. The company has reported a loss of Rs. 235.88 Lakhs for the half year ended September 30, 2025, and the net worth has been completely eroded. The company's operations have remained suspended due to lack of working capital. The Resolution Professional has approved the expenses during the year, but the relevant records have not been provided to the auditor. The company has not appointed a whole time Company Secretary and an internal auditor for a period exceeding 6 months, thereby violating the provisions of the Companies Act, 2013.