eMudhra to exit global SSL/TLS business, shares tank​on October 22, 2026 at 10:10 pm

The company’s board decided to withdraw from the business after reviewing its commercial prospects and the scrutiny triggered by the incident. The global SSL/TLS business contributes about 1% of eMudhra’s revenue, but rising compliance requirements, increasing costs and competition from free certificate providers have reduced its potential returns, the company said.