Meta Materials Circular Markets (MMCM) has announced that it has been awarded ISO 27001 certification for its Information Security Management System (ISMS), marking a significant milestone in strengthening data protection and operational reliability across its circular marketplace. The certification covers MMCM’s core business functions, including its digital asset trading infrastructure, price discovery systems, participant onboarding, customer support, and the clearing and settlement of Authorized Vehicle Scrapping Certificates of Deposit (CoDs).
These operations are supported by the company’s technology, business development, finance, human resources, and legal teams. The scope and controls are aligned with ISO 27001 standards and outlined in its Statement of Applicability.
ISO 27001 is internationally recognized as a leading standard for information security management. The certification confirms that MMCM has established a structured and independently audited framework to identify, evaluate, and manage information security risks. It ensures the confidentiality, integrity, and availability of critical data across all its processes and systems.
Commenting on the development, Nitin Chitkara, CEO of MMCM, said, “As India’s end-of-life vehicle ecosystem continues to evolve, the importance of secure digital infrastructure cannot be overstated. Trust, transparency, and security are central to everything we build. This certification reflects the strength of our systems and our ability to support industry transformation with globally aligned safeguards.”
MMCM operates at the convergence of the circular economy and digital asset markets, enabling the efficient and secure exchange of vehicle scrapping CoDs. With increasing regulatory oversight under India’s vehicle scrappage policy and Extended Producer Responsibility (EPR) framework, the certification positions MMCM as a reliable and compliant platform for automotive manufacturers, recyclers, producers, and other ecosystem participants.
Beyond regulatory alignment, ISO 27001 certification strengthens stakeholder confidence by demonstrating MMCM’s ability to minimize cybersecurity risks and maintain operational continuity in a data-intensive environment. It also enhances the company’s ability to onboard institutional partners more efficiently and simplifies due diligence processes.
Meta Materials Circular Markets (MMCM) is a leading circular economy platform in India, focused on enabling sustainable, data-driven solutions across the automotive sector. By integrating carbon markets, EPR frameworks, and digital monitoring, reporting, and verification (MRV) systems, MMCM is advancing the transition toward circular mobility and responsible material recovery.
