eMudhra Limited has successfully concluded its postal ballot e-voting process, with shareholders approving three critical resolutions related to key leadership appointments. The company filed its scrutinizer report with BSE and NSE on March 14, 2026, confirming the passage of all proposed resolutions with requisite majority.

Postal Ballot Process Overview

The remote e-voting process was conducted through MUFG Intime India Private Limited's platform from February 12, 2026, at 9:00 AM to March 13, 2026, at 5:00 PM. The postal ballot notice was distributed electronically to members whose email addresses were registered with the company or depositories, in compliance with MCA and SEBI circulars.

Resolution 1: Re-appointment of Executive Chairman

Shareholders overwhelmingly approved the re-appointment of Mr. Venkatraman Srinivasan (DIN: 00640646) as Executive Chairman for a five-year term from May 26, 2026, to May 25, 2031. This appointment is significant as Mr. Srinivasan will attain 70 years of age on May 26, 2026.

Under the approved terms, Mr. Srinivasan will receive a symbolic remuneration of Re. 1 per year as proposed by him. The company will provide accommodation, conveyance, transportation, communication expenses, medical insurance for family, leave travel passage, personal accident insurance, and group term insurance coverage.

Resolution 2: Appointment of Whole-Time Director

The appointment of Mr. Kaushik Srinivasan (DIN: 02634925) as Whole-Time Director received strong shareholder support for a five-year term from April 1, 2026, to March 31, 2031.

The remuneration package approved for Mr. Kaushik Srinivasan includes:

• Salary Range: Rs. 75,00,000 to Rs. 2,00,00,000 per annum
• Benefits: Accommodation, conveyance, transportation, medical insurance, provident fund contribution, gratuity, and other perquisites as determined by the Board

Resolution 3: Appointment of Director

The appointment of Mr. Arvind Srinivasan (DIN: 02547313) as Director effective April 1, 2026, received near-unanimous approval from shareholders.

Mr. Arvind Srinivasan will serve as a Director liable to retire by rotation and will be eligible for sitting fees for Board and Committee meetings.

Regulatory Compliance

The postal ballot process was conducted in accordance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. S.P. Nagarajan, Company Secretary in Whole-time Practice, served as the appointed scrutinizer and confirmed that all resolutions were passed with the requisite majority on March 13, 2026.

Emudhra Limited has issued a press release highlighting critical cybersecurity and governance challenges emerging as autonomous AI systems begin operating independently in real-world environments. The company emphasized the growing need for behavioral trust frameworks that extend beyond traditional authentication methods to ensure accountability and safety in autonomous operations.

Growing Challenge in AI System Verification

As AI-powered robots, autonomous devices, and intelligent systems increasingly perform tasks across multiple sectors, Emudhra identified significant gaps in current security models. The company outlined key areas where autonomous AI systems are being deployed:

Traditional security models focused solely on authentication may not adequately address the emerging risks associated with these deployments, according to the company's assessment.

The Behavioral Trust Gap

Emudhra described a critical "behavioral trust gap" where systems may be verified as legitimate but could still pose operational risks. The company identified several concerning scenarios:

• Systems acting unpredictably despite proper authentication
• Potential manipulation of verified autonomous systems
• Deviation from intended operational parameters
• Creation of new attack surfaces through unauthorized behavior changes

These challenges create particular urgency as organizations deploy physical AI systems capable of interacting with critical infrastructure and public environments without direct human oversight.

Industry Perspective on Trust Evolution

"Digital trust has historically focused on verifying identity — users, devices, and systems," said Kaushik Srinivasan, EVP, Emudhra. "As autonomous machines begin making decisions in the physical world, the next challenge is verifying how they behave. Without behavioral trust, autonomy introduces systemic risk."

The company emphasized that emerging trust models may need to incorporate multiple verification layers:

Broader Infrastructure Implications

Emudhra noted that the behavioral trust challenge extends well beyond enterprise environments. The company highlighted several critical areas requiring attention:

As adoption of autonomous systems accelerates, establishing comprehensive governance frameworks for autonomous behavior may become a priority for both regulators and industry leaders.

Future of Digital Trust

The company positioned this challenge as part of a broader transformation in digital infrastructure, where trust mechanisms must evolve to encompass autonomous systems operating independently. Emudhra emphasized that as global investment in robotics and AI continues to accelerate, addressing trust in physical AI systems will be critical to ensuring resilience, safety, and public confidence in the emerging autonomous economy.

The press release reflects Emudhra's ongoing focus on digital identity, authentication, and trust services as the company serves customers across more than 35 countries, partnering with technology providers and governments to deliver compliant, scalable digital trust solutions.