Media Matrix Worldwide Limited has issued a regulatory disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
The company has executed a Supplemental and Amendatory Deed of Guarantee in favour of Yes Bank Limited to secure various fund-based and non-fund-based facilities availed or to be availed by its subsidiary, nexG Devices Private Limited. The new corporate guarantee amount is ₹50 Crores, which substitutes and replaces the previous corporate guarantee of ₹70 Crores that was announced on October 09, 2025.
nexG Devices Private Limited is a 56.78%-owned subsidiary of Media Matrix Worldwide Limited. The subsidiary operates as an established distribution and logistics house with a PAN-India footprint, specializing in sales and distribution of innovative products in mobility and IT across all states. nexG caters to some of the largest retail chain outlets across diverse market segments and has strong capabilities in national and regional distribution across Modern Trade, General Trade, and Online Channels.
The disclosure confirms that except for the Company's shareholding in nexG, the promoter/promoter group/group companies have no other interest in this transaction. The corporate guarantee has been given on an arm's length basis.
The financial impact of this guarantee will be disclosed as a contingent liability in the financial statements of Media Matrix Worldwide Limited. The guarantee secures banking facilities for the subsidiary to the extent of ₹50 Crores.
This disclosure is made in compliance with SEBI Master Circular reference no. HO/49/14/14(7)2025 – CFD - POD2 / I/3762/2026 dated January 30, 2026.