Media Matrix Worldwide Ltd — Important, 09-10-2025: Company Update
09-10-2025 | 06:17 pm
09-10-2025 | 06:17 pm
Media Matrix Worldwide Limited (MMWL) has issued a corporate guarantee of up to Rs. 70 Crore to Yes Bank Limited on behalf of its subsidiary, nexG Devices Private Limited. This guarantee secures various fund-based and non-fund-based facilities for nexG, supporting its operational needs and future growth. This commitment will be recorded as a contingent liability in MMWL’s financial statements, an important consideration for shareholders as it signifies MMWL's backing for its subsidiary's financing.
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