MEDIA MATRIX : CORPORATE GUARANTEE EXTENDED FOR RS 50 CR

• The company has extended a Corporate Guarantee by execution of a Supplemental and Amendatory Deed of Guarantee in favour of Yes Bank Limited. • The guarantee is to secure various fund-based and non-fund-based facilities availed/to be availed by nexG Devices Private Limited, a subsidiary. • The guarantee is to the extent of ₹50 Crores, in substitution of an earlier Corporate Guarantee of ₹70 Crores. • The Corporate Guarantee given is at arm's length basis. • The Corporate Guarantee given will be disclosed as contingent liabilities in the financial statements of the Company.

Media Matrix Worldwide Ltd

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