eMudhra Share Price Hits 20% Lower Circuit; Addresses Distrust of Global TLS Intermediate and Root CA

On October 21, 2026, eMudhra Limited issued a statement regarding the distrust of certain intermediate Certificate Authorities (CAs) in its global TLS business, as per the exchange filings.
The company confirmed that its India DSC and eSign operations remain unaffected.
Details of the Incident
The issue involves 8 intermediate CAs from eMudhra's Global TLS business, created under its ECC root during a Key Generation Ceremony (KGC) on April 30, 2025. A flaw in the KGC led to the creation of weak keys, which were published to browser root stores.
An independent researcher discovered that these weak keys could be reverse-engineered using AI-assisted techniques, leading to the distrust by major root programs like Apple, Google, Microsoft, and Mozilla.
Infrastructure and Data Integrity
eMudhra has confirmed that its infrastructure was not compromised, and no data breach occurred. All security controls, both physical and logical, remain intact. The incident does not affect eMudhra's India DSC and eSign businesses, as these operate on separate infrastructure from the global TLS business.
Commercial Impact and Customer Support
The affected global TLS business constitutes a small portion of eMudhra's operations, accounting for approximately 1% of the company's revenue. Despite the limited financial impact, there may be reputational risks.
eMudhra is actively working with affected customers to provide replacement certificates and ensure uninterrupted services. The company is also collaborating with root programs and conducting a root-cause investigation.
Read More: LTM Share Price in Focus After Q2 FY27 Earnings Results; Revenue Rises 11%!
About eMudhra
eMudhra, with over 17 years of experience, is a global provider of digital identity, trust, and security solutions. It serves banks, financial institutions, enterprises, and governments across more than 35 countries. The company's product suite includes CertiNext, SecurePass, and PrivaTrust, offering high-assurance digital trust at a large scale.
eMudhra Share Price Performance
As of October 21, 2026, at 12:51 PM, eMudhra share price on NSE was trading at ₹432.00, down by 20.00% from the previous closing price.
Conclusion
eMudhra's statement on the distrust of select Global TLS Intermediate and Root CA confirms no impact on its India DSC and eSign businesses. The affected global TLS business accounts for about 1% of revenue, with no infrastructure compromise or data breach reported.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Oct 21, 2026, 2:24 PM IST

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