eMudhra Limited's Board of Directors has approved key leadership appointments and re-appointments during its meeting held on February 02, 2026. The decisions, made based on recommendations from the Nomination and Remuneration Committee, are subject to shareholder approval and represent significant developments in the company's governance structure.

Board Resolutions Overview

The board approved three major resolutions concerning director appointments:

Executive Chairman Re-appointment

Mr. Venkatraman Srinivasan's re-appointment as Executive Chairman comes as he approaches his 70th birthday on May 26, 2026. His new five-year term will commence from May 26, 2026. Mr. Srinivasan brings over 40 years of experience in senior positions across financial services and IT industries, with extensive global business understanding gained through worldwide travel.

His qualifications include a bachelor's degree in mathematics from the University of Madras, associate memberships with the Institute of Chartered Accountants of India and Institute of Cost and Works Accountants of India, and qualification as a company secretary from the Institute of Company Secretaries of India. He also completed an Executive Development Programme at Kellogg Graduate School of Management.

New Director Appointments

Kaushik Srinivasan - Whole-Time Director

Mr. Kaushik Srinivasan will assume the role of Whole-Time Director effective April 1, 2026, for a five-year term. He holds a Bachelor's and Master's in Computer Engineering with networking focus from Stevens Institute of Technology, New Jersey, and is a CFA charter holder with over 15 years of experience in technology and financial services.

Since joining eMudhra Limited in 2015, he has led product innovation and development, engineering, and professional services for the company's identity, authentication, Certification Authority and eSignature solutions. He also manages sales functions for the Indian market and was recognized as a Business World 40 under 40 winner for 2024.

Arvind Srinivasan - Director

Mr. Arvind Srinivasan's appointment as Director will also take effect from April 1, 2026, for a five-year term. He holds a Master's degree in finance from the University of Michigan and an MBA from Saïd Business School, University of Oxford, with over 15 years of global market business experience.

Since 2017, he has been working with eMudhra DMCC in Dubai, overseeing international markets for eMudhra's products and services. In his EVP role, he has been instrumental in the company's global expansion beyond India, establishing presence across more than 40 countries spanning five continents.

Family Relationships and Governance

The appointments involve family relationships within the leadership structure:

All three directors have been confirmed as not being debarred from holding director positions by the Securities and Exchange Board of India or any other regulatory authority, as required under BSE and NSE circular requirements dated June 30, 2018.

eMudhra has released the official transcript of its Q3FY26 earnings call held on February 3, 2026, providing comprehensive insights into the company's strong financial performance and strategic developments. The company submitted the transcript to BSE Limited on February 6, 2026, under SEBI Regulation 30 compliance requirements.

Earnings Call Transcript Availability

Following the earnings call conducted on February 3, 2026, eMudhra has made both the audio recording and complete transcript accessible to investors through its official website at emudhra.com/investors.jsp. Johnson Xavier, Company Secretary & Compliance Officer (Membership No. A28304), digitally signed the regulatory filing confirming compliance with SEBI disclosure requirements.

Q3FY26 Financial Performance Highlights

During the earnings call, Executive Chairman Venkatraman Srinivasan and CFO Ritesh Raj Pariyani presented strong financial results for the quarter. The company delivered impressive year-on-year growth across key financial metrics:

Nine-Month Performance Overview

For the nine months ended December 31, 2025, eMudhra demonstrated consistent growth momentum with total income reaching ₹5,166.00 million, representing a 36.50% year-over-year growth. The Enterprise Solutions segment generated revenue of ₹4,079.00 million, while Trust Services contributed ₹1,003.00 million.

Strategic Business Developments and Market Expansion

The earnings call highlighted several key business achievements including Certificate Lifecycle Management wins across IoT and Enterprise Authentication use cases in the USA, successful renewals in the DACH region in Europe, and significant traction in eSign & eStamping services in India's Banking and Financial Services sector. The company's US data centers are now operational, enabling local TLS certificate issuance and lifecycle management.

CRYPTAS Acquisition Performance

Management disclosed that CRYPTAS, the European acquisition, contributed ₹34.00 crores in Q3FY26 revenue compared to ₹24.00 crores in Q2FY26. The subsidiary turned profitable with ₹1.25 crores PAT in Q3FY26, compared to a loss of ₹1.60 crores in Q2FY26, demonstrating successful integration efforts.

Future Outlook and Guidance

The company maintained its revenue guidance of ₹700.00 crores for the full year, with management expressing optimism about growth prospects in Middle East, Africa, and European markets. The focus remains on product-led growth to improve margins, with 65% of revenue being recurring in nature and 35% from one-time implementations.