NSEPress Release5d ago · 13 Sept 2026, 07:14 pm
Press Release
eMudhra Limited · EMUDHRA
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eMudhra Limited has been appointed as a Validation Agent by the Global Legal Entity Identifier Foundation (GLEIF) to provide LEI application and renewal services, expanding LEI access through its digital trust ecosystem.
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eMudhra Limited has informed the Exchange regarding a press release dated September 13, 2026, titled " GLEIF Welcomes eMudhra as a Validation Agent, Expanding LEI Access Through its Digital Trust Ecosystem ".
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EL/SEC/2026-27/55
September 13, 2026
Corporate Relationship Department The Manager, Listing Department
BSE Limited National Stock Exchange of India Limited
1st Floor, New Trading Ring Rotunda “Exchange Plaza”, C-1, Block G,
Building, P J Towers, Dalal Street, Fort, Bandra-Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
Script Code: 543533 Symbol: EMUDHRA
Dear Sir/Madam,
Sub: Press Release
Please find enclosed the Press Release titled “GLEIF Welcomes eMudhra as a Validation Agent,
Expanding LEI Access Through its Digital Trust Ecosystem”
This information will also be hosted on the website of the company at www.emudhra.com
This is for your information and records.
Thanking you
Yours faithfully,
For eMudhra Limited
Johnson Xavier
Company Secretary & Compliance Officer
Membership No. A28304
Encl.: As Above
eMudhra Limited
eMudhra Digital Campus, 12-Pl-A & 12-Pl-B, Hi-Tech Defence and Aerospace Park (IT sector), Jala Hobli, B.K. Palya,
I I I
Bengaluru, Karnataka 562149 Phone: +91 80 4848 4001 Email: corporate@emudhra.com Web: www.emudhra.com
CIN -L72900KA2008PLC060368
PRESS RELEASE
As India records the world’s highest LEI growth rate in Q2 2026, eMudhra’s new role as a
Validation Agent will support simpler, faster issuance at scale
MUMBAI, INDIA, September 13, 2026 /EINPresswire.com/-- 10 September 2026 – Mumbai –
Organizations in India will gain a more integrated route to obtaining and maintaining Legal Entity
Identifiers (LEIs) as eMudhra Limited (eMudhra) incorporates LEI application and renewal into its
established identity-verification and onboarding processes. The Global Legal Entity Identifier
Foundation (GLEIF) today announces eMudhra’s appointment as a Validation Agent of Legal Entity
Identifier India Limited (LEIL) in the Global LEI System, enabling this integration.
eMudhra will work as a Validation Agent of LEIL, a GLEIF-accredited LEI Issuer and wholly owned
subsidiary of the Clearing Corporation of India Limited (CCIL). LEIL is currently the only LEI Issuer
recognized by the Reserve Bank of India (RBI) in India under the Payment and Settlement Systems
Act. The arrangement will enable eMudhra to incorporate LEI application and renewal services into
established identity verification and onboarding processes, reducing the need for organizations to
complete separate checks across different services. LEIL will ensure issuance and maintenance of LEI
records in accordance with Global LEI System requirements.
The appointment shows how globally standardized organizational identity can be embedded within
existing digital trust infrastructure. This can help organizations identify themselves consistently
across financial markets, payment systems and cross-border digital processes.
Headquartered in Bengaluru, India, eMudhra is a global provider of digital identity, authentication,
and trust services for customers in over 35 countries. As India’s largest licensed Certifying Authority
and a globally recognized public Certificate Authority, it brings proven expertise in public key
infrastructure (PKI), electronic signatures, identity and access management, and certificate lifecycle
management to the Global LEI System.
India has progressively incorporated the LEI into its financial infrastructure. In March 2026, the
Reserve Bank of India (RBI) issued a master direction consolidating existing LEI requirements for
specified transactions in government securities, money market instruments, foreign exchange
instruments and derivatives. All resident and non-resident participants undertaking transactions
within the scope of the direction must obtain an LEI and ensure that it remains current.
This policy foundation has contributed to sustained LEI adoption in India. India became the
jurisdiction with the largest number of active LEIs in January 2026 and recorded the highest growth
rate of any jurisdiction during the second quarter. Integrating LEI services into established
onboarding channels can support this demand while making standardized organizational identity
more accessible across India’s financial ecosystem.
The development also reflects a wider shift toward consistent organizational identification in cross-
border financial processes. The Financial Action Task Force (FATF) revised Recommendation 16 in
June 2025. The revision establishes standardized information requirements for certain cross-border
payments and recognizes the LEI as an identifier that can be used for legal persons. Jurisdictions are
expected to implement the revised requirements by the end of 2030.
Alexandre Kech, CEO of GLEIF, comments: “Sustained growth in the adoption and application of the
LEI in India over recent years shows how trusted, verifiable organizational identity supports
transparency and interoperability across the global digital economy. Welcoming eMudhra as a
eMudhra Limited
eMudhra Digital Campus, 12-Pl-A & 12-Pl-B, Hi-Tech Defence and Aerospace Park (IT sector), Jala Hobli, B.K. Palya,
I I I
Bengaluru, Karnataka 562149 Phone: +91 80 4848 4001 Email: corporate@emudhra.com Web: www.emudhra.com
CIN -L72900KA2008PLC060368
Validation Agent will help meet increasing demand for the LEI in India and internationally, supporting
regulatory compliance and promoting market-led innovation.”
Nand Kishore, Director of LEIL, comments: “We welcome eMudhra as a Validation Agent, a
collaboration that marks a step forward in simplifying and accelerating LEI acquisition. By combining
eMudhra’s operational network and digital capabilities with our decade-long expertise in issuing and
managing LEIs, we are enabling organizations to fulfill their identity verification requirements
seamlessly. This integration strengthens our validation framework and reinforces our commitment
to data quality, transparency, and strict adherence to the regulatory standards. We look forward to
driving the synergies necessary to scale trusted digital identity infrastructure, providing enhanced
security and value to the broader financial markets.”
Kaushik Srinivasan, Co-Founder of eMudhra, comments: “Becoming a Validation Agent of LEIL in the
Global LEI System is a natural extension of eMudhra's role as a trusted Certifying Authority. It lets our
clients obtain a single, globally recognized identity through a seamless onboarding journey – enabling
faster access and supporting their compliance and cross-border growth.”
The Validation Agent role allows financial institutions and other supervised organizations involved in
legal entity identity verification and validation to obtain and maintain LEIs for their clients in
cooperation with accredited LEI Issuers. There are over 20 Validation Agents globally, spanning Africa,
Australasia, China, Europe, India, the Middle East, and North America.
For more information on the Validation Agent Framework, please visit the GLEIF website.
About eMudhra
With over 17 years of expertise, eMudhra is a global provider of digital identity, trust, and security
solutions, enabling secure digital transformation for banks and financial institutions (BFSI),
enterprises, and governments across more than 35 countries worldwide. Its product suite spans
CertiNext (PKI, certificate lifecycle management, and SSL/TLS certificates), SecurePass (identity and
access management, multi-factor authentication and converged identity), and PrivaTrust (data
discovery and consent management for global data-privacy compliance and DSARs), delivering high-
assurance digital trust at population scale.
Press Contacts:
eMudhra | sudesh.k@emudhra.com
eMudhra Limited
eMudhra Digital Campus, 12-Pl-A & 12-Pl-B, Hi-Tech Defence and Aerospace Park (IT sector), Jala Hobli, B.K. Palya,
I I I
Bengaluru, Karnataka 562149 Phone: +91 80 4848 4001 Email: corporate@emudhra.com Web: www.emudhra.com
CIN -L72900KA2008PLC060368