About Media Matrix Worldwide Limited (MMWL) 

Media Matrix Worldwide Limited (MMWL) is a B2B-focused technology and services company incorporated on June 07, 1985, in Maharashtra. The company made its maiden public issue in 1985 and is listed on the BSE. It began as Rahul Trading and Finance Limited, later became Giltfin Lease Limited, and in 2000, adopted the current name while entering the media and content business. In 2017, MMWL amended its main object clause to venture into defence, Railways, Telecom and electronics, marking a strategic broadening of scope. Its registered office is in Mumbai with a corporate office in Gurugram; the company operates two offices in India.

MMWL specialises in Value Added Services (VAS) across the mobile and digital ecosystem. Beyond its core VAS offerings, the Group’s activities include digital media content, related media and entertainment services, and the distribution of mobility, audio, consumer electronics and IT products across India through a subsidiary. MMWL primarily serves the Indian market; on a standalone basis, export turnover is NIL, and at the Group level, revenue is largely from India with a small contribution from outside India.

Subsidiaries: As on March 31, 2025, the company had 2 subsidiaries, both incorporated in India.

Media Matrix Worldwide Limited (MMWL)  Key Milestones:

• 1985: Incorporation and listing on BSE.

• 2000: Strategic pivot to media and content; adoption of the name Media Matrix Worldwide Limited.

• 2017: Object clause amended to include new sectors such as defence, Railways, Telecom and electronics.

Media Matrix Worldwide Limited’s Business Segments

• Value-added services and digital ecosystem solutions.

• Distribution of mobility, audio, consumer electronics and IT products.

Media Matrix Worldwide Limited’s Key Management

• Chhattar Kumar Goushal – Chairman & Non-Executive Director

• Sandeep Jairath – Whole-time Director cum Chief Financial Officer

• Sunil Batra – Non-Executive Director

• Aasheesh Verma – Independent Director

• Mansi Gupta – Independent Director

• Sarvdeep Garg – Independent Director

• Mohd Sagir – Company Secretary
   

• Latest Updates on Media Matrix Worldwide Limited

  • Distribution partnerships and channels: A subsidiary continued nationwide distribution tie-ups with mobile handset brands and expanded into audio via JBL in modern trade, while also distributing AKAI and AIWA in consumer electronics. It leveraged e-commerce and quick commerce channels such as Amazon, Flipkart, Blinkit, Zepto and Swiggy Instamart.

  • Material subsidiary status: One subsidiary was identified as a material subsidiary in FY25, with corresponding governance requirements being implemented.

  • Capital structuring: A subsidiary converted Zero Coupon Compulsorily Convertible Debentures into equity shares.

  Leadership and governance: Resignation of Ms. Bela Banerjee from the Board effective December 12, 2024. Transition of Company Secretary from Mr. Gurvinder Singh Monga to Mr. Mohd Sagir. Re-appointment of Mr. Sandeep Jairath as Whole-time Director cum CFO for a further three-year term with effect from May 25, 2026, subject to shareholders’ approval.