eMudhra gains as its arm inks pact to acquire 100% stake in AI Cyber Forge Inc, USA
eMudhra is currently trading at Rs. 818.30, up by 1.55 points or 0.19% from its previous closing of Rs. 816.75 on the BSE.
The scrip opened at Rs. 820.05 and has touched a high and low of Rs. 835.10 and Rs. 813.80 respectively. So far 9268 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1023.55 on 17-Dec-2024 and a 52 week low of Rs. 651.60 on 30-Jan-2025.
Last one week high and low of the scrip stood at Rs. 835.20 and Rs. 798.80 respectively. The current market cap of the company is Rs. 6776.48 crore.
The promoters holding in the company stood at 54.40%, while Institutions and Non-Institutions held 20.20% and 25.40% respectively.
eMudhra's subsidiary -- eMudhra Inc has entered into an agreement dated July 24, 2025 for acquisition of 100% stake in AI Cyber Forge Inc, USA, having expertise in secrets management, just-in-time credentials, PKI automation, and encryption services. Acquisition of AI Cyberforge Inc would expand eMudhra’s product offerings and enable it to compete globally as a one stop shop for cyber security products around PKI. It will also add to eMudhra’s customer base in USA. The acquisition is being made for an immediate cash consideration of $4.8 million. The transaction is expected to be closed in 2-3 weeks of time.
eMudhra is the largest licensed Certifying Authority in India. It is engaged in the business of providing Digital Trust Services and Enterprise Solutions to individuals and organisations functioning in various industries.
