eMudhra Ltd. receives credit rating revision from ICRA Limited for Rs 35.00 crore bank limits

eMudhra Ltd announced a revision in credit ratings following a review triggered by a material event concerning the global Transport Layer Security (TLS) certificate business. ICRA Limited, after the review, assigned a rating of [ICRA]A (Stable)/[ICRA]A1 to the company's unallocated bank limits totaling Rs 35.00 crore, with the rating intimated on October 23, 2026; it is important to note that the rating is applicable to instruments available for activities and instruments which fall under the regulatory purview of Financial Sector Regulators other than SEBI, and no other rating agencies were mentioned. The details of the rating, including complete definitions, are available on ICRA’s website at www.icra.in.