Macfos: RECEIPT OF IN PRINCIPAL APPROVAL FOR PROPOSED BONUS ISSUE

Pursuant to the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the Company has received in-principal approval for issue and allotment of Proposed Bonus Equity Shares to the shareholders in terms of Regulation 28(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The in-principal approval letter received from the Exchange is attached herewith