eMudhra’s shares fall sharply in consecutive trading sessions after security concerns tied to its global TLS certificates. Free Press Journal reports the stock drops 16.22% on October 22, following a 20% lower-circuit fall on October 21, for roughly a 33% decline across two sessions. NDTV also describes a 20% drop after browsers move to distrust some global TLS certificates.

Outlets link the sell-off to reported weaknesses in private keys associated with intermediate certificates used in eMudhra’s global TLS business. The company says no genuine certificates were issued using the affected intermediates and that its core infrastructure, India digital signature certificates (DSC), and eSign businesses are unaffected. CERT-In issues an advisory warning about potential website impersonation risks, and the Ministry of Electronics and Information Technology forms a special investigation team, according to Free Press Journal. NDTV adds that major browsers distrust affected certificates.

Other coverage emphasizes the market impact without detailing the technical or regulatory background. India Today frames the story around the ongoing percentage decline, while Times of India highlights the 20% plunge alongside “global action.”