News Announcement

Media Matrix Worldwide: Issuance Of Corporate Guarantee On Behalf Of Nexg Devices Private Limited A Subsidiary Of The Company ('Nexg')

We would like to inform all our stakeholders that the Company has given a Corporate Guarantee in favour Yes Bank Limited to secure various fund based and non-fund-based facilities availed/to be availed by nexG Devices Private Limited a subsidiary of the Company to the extent of Rs. 70 Crores.The details as required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11 2024 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31 2024. are given in enclosed Annexure AYou are requested to take the above information on records and upload the same on your website.

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