Premier energy & infrastructure Limited has notified BSE Limited about a name change of its statutory auditors, effective February 16, 2026. The company informed the exchange that its auditing firm R. Sundararajan & Associates, Chartered Accountants, has changed its name to M/s N Raghavan & Associates.

Regulatory Compliance

The notification was made pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. This regulatory filing ensures transparency and keeps stakeholders informed about changes in the company's statutory auditors.

Nature of Change

The company emphasized that this modification is strictly limited to the firm's name only. The announcement clarified several key aspects:

Official Communication

The formal intimation was signed by Narayanamurthi Mankal, Managing Director of Premier Energy and Infrastructure Limited, and digitally authenticated on February 16, 2026, at 09:30:38 +05'30'. The communication was addressed to the Listing Department of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Market Information

Premier Energy and Infrastructure Limited trades on BSE under scrip code 533100. The company's proactive disclosure ensures compliance with listing obligations and maintains transparency with its stakeholders regarding changes in statutory auditor arrangements.

Premier Energy and Infrastructure Limited has announced its unaudited financial results for the third quarter ended December 31, 2025. The company reported a standalone net loss of ₹21.84 lakhs for Q3 FY26, compared to a net loss of ₹13.10 lakhs in the corresponding quarter of the previous year. The Board of Directors approved these results at their meeting held on January 7, 2026.

Financial Performance Overview

The company's financial performance shows continued challenges with significantly reduced operational income and increased losses. The standalone results reflect the company's ongoing operational difficulties in the construction sector.

Nine-Month Performance

For the nine months ended December 31, 2025, Premier Energy reported a standalone net loss of ₹51.11 lakhs compared to ₹15.45 lakhs in the corresponding period of the previous year. The consolidated net loss for the nine-month period stood at ₹93.62 lakhs versus ₹52.62 lakhs in the previous year.

Operational Challenges and Going Concern

The company faces significant liquidity challenges with current liabilities exceeding net realizable current assets by ₹3,685.58 lakhs. However, management maintains that major liabilities represent support from promoter and associate companies with no immediate repayment pressure. The company has prepared its financial statements on a going concern basis, citing the financial commitment of the promoter group and strategic initiatives including an MOU with Dismutase Biotech Private Limited for protein extraction from blood plasma.

Subsidiary Operations and Corporate Structure

The consolidated results include Premier Energy Investments Limited as the parent company, along with subsidiaries RCI Power Limited, RCI Power (AP) Limited, and stepdown subsidiaries RCI Windfarm 30MW Private Limited and RCI Windfarm 50MW Private Limited. Management has taken steps to close the stepdown subsidiaries as they were not generating revenues and remained non-operational.

Regulatory Compliance and Audit

The results were reviewed by R. Sundararajan & Associates, Chartered Accountants, who issued limited review reports for both standalone and consolidated financial statements. The announcement was made in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Narayanamurthi Mankal signed the official communication to BSE Limited, where the company is listed under scrip code 533100. The meeting commenced at 4:30 PM and concluded at 5:15 PM on January 7, 2026.