Macfos Ltd Adopts Indian Accounting Standards (Ind AS) Voluntarily

Macfos Ltd announced that its Board of Directors has approved the voluntary adoption of Indian Accounting Standards (Ind AS) effective from April 1, 2026. The company is currently following Indian GAAP. This adoption, which is irrevocable as per Ind AS 101, aims to enhance financial statement comparability with industry peers, improve investor transparency, and align with global reporting standards. Macfos Ltd, listed on the SME Platform, is not mandatorily required to adopt Ind AS. The first Ind AS reporting period will be Q1 FY27 (April 1, 2026, to June 30, 2026). The company will file its financial results under Ind AS, including reconciliation statements, as per SEBI LODR Regulations.