eMudhra Shares Surge 20% After LEIL Validation Partnership

eMudhra is a company that helps businesses use digital identities and signatures.

Its shares rose sharply in early trading.

The shares reached Rs 593.60, compared with Rs 494.70 previously.

The increase followed a new partnership with LEIL.

LEIL issues Legal Entity Identifiers, which are records used to identify organisations.

eMudhra will check information for organisations applying for or renewing these identifiers.

The services will be added to eMudhra’s existing customer verification systems.

This could mean organisations do not need to complete separate checks on different platforms.

LEIL will continue issuing and maintaining the official records.