eMudhra shares plunge to 52-week low after security certificate breach

eMudhra Limited, a prominent digital infrastructure provider, saw its share price hit a 52-week low on Monday following disclosure of a security incident affecting its certificate issuance systems. The stock declined 20% during intra-day trading, triggering the lower circuit breaker for the second straight session, as investors reacted to the severity of the breach.

The Ministry of Electronics and Information Technology (MeitY) has constituted a special investigative team to examine the unauthorized disclosure of private cryptographic keys linked to digital security certificates issued by eMudhra. Such certificates are fundamental to web security infrastructure, used to authenticate websites and encrypt sensitive communications across the internet.

The breach raises concerns about the integrity of digital certificates in circulation and has prompted regulatory scrutiny of eMudhra's security protocols and incident response mechanisms. Digital certificate providers are subject to stringent security standards, and any compromise of private keys represents a critical failure that could affect numerous organizations relying on eMudhra's services.

As the investigation unfolds, the company faces potential regulatory sanctions and reputational damage. MeitY's involvement signals the government's determination to ensure accountability among critical digital infrastructure providers serving India's growing digital economy.