eMudhra Limited
Nippon India Mutual Fund increased its stake in eMudhra Limited from 6.66% to 6.73%, purchasing 62,291 shares.
A licensed certifying authority in India, eMudhra issues digital signature certificates under its eMudhra brand to businesses and individuals. Operating under the Controller of Certifying Authorities and regulated by the Information Technology Act, the company provides digital identity and authentication solutions. Its core business centers on enabling secure digital transactions, e-commerce compliance, and identity verification across various sectors throughout India.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.