Media Matrix Worldwide: Mahendra Nahata Acquires Additional 10 Lakh Shares in Open Market Transaction

1 min read     Updated on 28 Mar 2026, 05:20 AM
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Radhika SScanX News Team
AI Summary

Mahendra Nahata, promoter of Media Matrix Worldwide Limited, acquired 10,00,000 shares through open market purchase on March 24, 2026, increasing his individual holding from 0.21% to 0.30%. The transaction raised the total promoter group stake from 59.33% to 59.42% of the company's equity capital. The disclosure was filed under SEBI regulations for substantial acquisition of shares, maintaining regulatory compliance for the BSE-listed company.

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Media Matrix Worldwide has received a regulatory disclosure from its promoter Mahendra Nahata regarding the acquisition of additional shares in the company. The transaction, completed through open market purchase, represents a strategic increase in the promoter's direct shareholding.

Share Acquisition Details

The acquisition details reveal a systematic increase in Mahendra Nahata's direct stake in the company:

Parameter Details
Shares Acquired 10,00,000
Acquisition Mode Open Market
Transaction Date March 24, 2026
Percentage Increase 0.09%

Shareholding Pattern Changes

The transaction has resulted in changes to the promoter's individual shareholding while maintaining the overall promoter group structure:

Holding Category Before Acquisition After Acquisition Change
Mahendra Nahata (Individual) 23,26,166 (0.21%) 33,26,166 (0.30%) +10,00,000
PACs Holding 66,96,55,752 (59.12%) 66,96,55,752 (59.12%) No Change
Total Promoter Group 67,19,81,918 (59.33%) 67,29,81,918 (59.42%) +0.09%

Company Share Capital Structure

Media Matrix Worldwide Limited maintains a stable equity structure with the total paid-up share capital remaining unchanged post-transaction:

  • Total Equity Shares: 113,27,42,219 shares
  • Face Value: Re. 10/- per share
  • Total Share Capital: Rs. 113,27,42,219/-
  • Listing: BSE Limited (Scrip Code: 512267)

Promoter Group Composition

The disclosure identifies Mahendra Nahata as the primary promoter, with his Persons Acting in Concert including MN Ventures Private Limited and NextWave Communications Private Limited, among others. The comprehensive promoter group comprises 41 entities spanning individuals, private limited companies, LLPs, and HUFs, reflecting a diversified promoter structure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing demonstrates adherence to transparency requirements for substantial shareholding changes by promoters and persons acting in concert.

Historical Stock Returns for Media Matrix Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+0.86%-1.26%-8.89%-13.01%+13.07%+102.80%

What strategic initiatives or expansion plans might Media Matrix Worldwide be pursuing that prompted the promoter to increase his stake?

Could this shareholding increase signal preparation for a larger acquisition or merger in the media industry?

How might this promoter stake increase affect Media Matrix Worldwide's stock liquidity and trading patterns on BSE?

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Media Matrix Worldwide Limited Receives Approval to Shift Registered Office from Maharashtra to Haryana

1 min read     Updated on 26 Mar 2026, 02:51 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Media Matrix Worldwide Limited has received approval from the Regional Director, Western Region, Mumbai to shift its registered office from Maharashtra to Haryana. The order RD/Section13/SRN AC1941938/8180 dated March 24, 2026 was received by the company on March 25, 2026. The company is now filing necessary forms with the Registrar of Companies to complete the relocation from Mumbai to Gurugram.

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Media Matrix Worldwide Limited has received regulatory approval to relocate its registered office from Maharashtra to Haryana. The company announced that the Regional Director, Western Region, Mumbai has approved the shifting of its registered office through an official order dated March 24, 2026.

Regulatory Approval Details

The approval comes through order number RD/Section13/SRN AC1941938/8180, dated March 24, 2026. The company received the certified true copy of the order on March 25, 2026, at 11:10 A.M. at its current registered office. This development follows the company's previous intimations to the stock exchange dated August 13, 2025 and January 23, 2026 regarding the proposed office relocation.

Office Relocation Specifics

Parameter: Details
Current Location: A/308, Dynasty Business Park CHS LTD, A K Road, Opp. Sangam Cinema, Nr. Kohinoor Hotel, Andheri (East), Mumbai – 400059, Maharashtra
New Location: Plot No. 38, 4th Floor, Institutional Area, Sector 32, Gurugram-122001, Haryana
Approval Authority: Regional Director, Western Region, Mumbai
Order Date: March 24, 2026
Order Receipt: March 25, 2026 at 11:10 A.M.

Next Steps and Compliance

The company is currently in the process of filing necessary e-forms with the Registrar of Companies to complete the relocation process. Media Matrix Worldwide Limited has committed to keeping the stock exchange updated regarding the effective date of the registered office shifting. The company has also indicated that this information will be made available on its website at www.mmwlindia.com for stakeholder reference.

Corporate Communication

The announcement was made through a formal communication to BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015. Company Secretary Mohd Sagir signed the disclosure document on March 26, 2026, ensuring compliance with regulatory disclosure requirements.

Historical Stock Returns for Media Matrix Worldwide

1 Day5 Days1 Month6 Months1 Year5 Years
+0.86%-1.26%-8.89%-13.01%+13.07%+102.80%

What operational cost savings or business advantages does Media Matrix Worldwide expect to achieve by relocating from Mumbai to Gurugram?

How might this office relocation impact Media Matrix Worldwide's ability to attract talent and expand its client base in the NCR region?

Will the company's shift to Haryana influence its tax obligations or provide any regulatory benefits under state-specific policies?

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1 Year Returns:+13.07%