NSECredit Rating- New29 Jun 2026 · 29 Jun 2026, 04:15 pm
Credit Rating- New
eMudhra Limited · EMUDHRA
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eMudhra Limited has informed the Exchange about Credit Rating assigned by ICRA, reaffirming the credit rating [ICRA]A (Stable)/ [ICRA]A1 for the bank facilities of the company aggregating to Rs. 35 Crore.
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eMudhra Limited has informed the Exchange about Credit Rating assigned by ICRA
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EMUDHRA2008_29062026161513_Credit_Rating_intimation__1_.pdf
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EL/SEC/2026-27/32
June 29, 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: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015 ‐ Revision in Credit Rating by ICRA Limited.
Pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we would
like to inform you that ICRA has reaffirmed the credit Rating [ICRA]A (Stable)/ [ICRA]A1 assigned to the
Bank facilities of the company aggregating to Rs. 35 Crore.
The details of the Credit ratings are mentioned hereunder:
Details of Bank Limits Amount Rating Remarks Rating Intimated
Rated by ICRA (Rated (Rs. crore) on
on Long‐term/Short‐term
Scale)
Unallocated 35.00 [ICRA]A (Stable)/ Reaffirmed June 29, 2026
Total 35.00
A copy of the letter No. ICRA/Emudhra Limited/29062026/1 dated June 29, 2026, as received from ICRA
Limited in this regard, is enclosed herewith.
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
ICRA Limited
ICRA/Emudhra Limited/29062026/1
Date: June 29, 2026
Mr. V Srinivasan
Chairman
Emudhra Limited
3rd Floor, Sai Arcade,
56, Outer Ring Road,
Deverabeesanahalli, Opp Intel,
Bangalore – 560 103
Dear Sir,
Re: ICRA’s Credit Rating for below mentioned Instruments of Emudhra Limited
As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has
taken the following rating actions for the mentioned instruments of your company.
Rated Amount
Instrument Rating Action1
(Rs. crore)
Long Term / Short Term-Unallocated 35.00 [ICRA]A (Stable)/[ICRA]A1; reaffirmed
Total 35.00
The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication
letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new
information becoming available, or the required information not being available, or other circumstances that
ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit
ICRA website at www.icra.in for latest rating(s) of the company.
The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any
change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change
in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before
the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and
their use has been confirmed by you, the rating(s) would be subject to our review, following which there could
be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit
of the instrument from that specified in this letter, would constitute an enhancement that would not be covered
by or under the said Rating Agreement.
The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be
treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company.
You are also requested to forthwith inform us about any default or delay in repayment of interest or principal
amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of
any other developments which may have a direct or indirect impact on the debt servicing capability of the
company including any proposal for re-schedulement or postponement of the repayment programmes of the
dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that
could impact the ability of the company to raise funds such as restriction imposed by any authority from raising
funds through issuance of debt securities through electronic bidding system. Further, you are requested to
1 Complete definitions of the ratings assigned are available at www.icra.in.
Building No. 8, 2nd Floor, Tower A Tel.: +91.124 .4545300 Website: www.icra.in
DLF Cyber City, Phase II CIN: L749999DL1991PLC042749 Email: info@icraindia.com
Gurugram – 122002, Haryana Helpdesk: +91 9354738909
Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41
RATING ● RESEARCH ● INFORMATION
inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by
the regulatory authority(ies) is exceeded.
We look forward to your communication and assure you of our best services.
With kind regards,
Yours sincerely,
For ICRA Limited
JITIN Digitally signed by
JITIN MAKKAR
MAKKAR Date: 2026.06.29
12:08:45 +05'30'
Jitin Makkar
Senior Vice President and Group Head
jitinm@icraindia.com
Annexure
Details of Bank Limits Rated by Amount (Rs. crore)
ICRA (Rated on Long-Term/ Rating Rating Assigned On
Short-Term Scale)
Unallocated Limits 35.00 (Stable)/ June 19, 2026
Total 35.00