Media Matrix Worldwide Ltd — Important, 13-05-2026: Company Update

MMWL has issued a Corporate Guarantee to IndusInd Bank for its subsidiary, nexG Devices Private Limited, covering fund-based and non-fund-based facilities up to Rs. 25 Crore. MMWL owns 56.78% of nexG, which operates a nationwide distribution and logistics network for mobility and IT products, serving major retail chains and online channels. This guarantee supports nexG's operations and will be reported as a contingent liability in MMWL’s financial statements, potentially impacting its risk profile for shareholders.