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The Economic Times
The Economic Times
Business
Veer Sharma

eMudhra shares crash another 4%, down 40% in 3 sessions. What's behind this free fall?

Shares of eMudhra declined another 4% to Rs 331 on the BSE on Friday after the company announced it is voluntarily exiting the global certificate business following a compromise of private keys linked to eight intermediate Certificate Authority (CA) certificates. With today’s decline, the stock is down 39% in 3 sessions.

Chairman V. Srinivasan said the company handled the recent incident involving its global SSL/TLS certificate business diligently, revoking the affected certificate authorities (CAs) within 14 hours of discovery and making a prompt disclosure. No end-entity certificates had been issued by the affected CAs, and the company said its infrastructure was not compromised, no data was breached, and all physical and logical security controls remained intact.

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