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Media Matrix Worldwide LtdImportant, 09-10-2025: Company Update

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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