EMeMudhra543533Digital certification, cybersecurity

eMudhra is exiting its global SSL and TLS certification business following a certificate authority incident caused by a script error

By ScoutQuest · Fri 23 Oct 2026, 8:59 AM IST · 1 min read

Revenue share of exited business

1 percent

Expected revenue impact

5 to 7 percent

Forensic review timeline

2 to 3 weeks

Heard on business television between 08:59:55 - 09:02:55 IST.

• eMudhra's board decided to exit the global SSL/TLS certification business after revoking certificates with affected certificate authorities.
• Co-founder Kaushik Srinivasan said the exit followed rising compliance costs, operational complexity, and large tech players offering certificates free of charge.
• He said the incident was caused by a one-off script error with inadequate human oversight, not a broader control weakness.
• An independent forensic audit has been initiated, with findings expected in 2-3 weeks and to be made public; the business is only 1% of revenue.
• He estimated a 5-7% revenue impact over the next 1-2 quarters, with no customers pausing deployments so far, and said cost impact would be limited as prior investments in the business would be discontinued.

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