Atlas Jewellery India Limited announced due to the cessation of all the independent directors in the recent past, the composition and structure of the board of directors and the audit committee of the company has become imbalanced and not in compliance with the provisions of the Companies Act, 2013 and the Sebi regulations, 2015. Further the promoter of the company, on October 2nd, 2022, passed away and the information is awaited from the promoter's family on who would be setting into the shows of the promoter. In light of above, meetings of the board of directors and audit committee to approve the financial results would not be possible to be convened and held before November 15th, 2022.