eMudhra Ltd.

Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No. CIR/CFD/CMD1/162/2019 dated December 24, 2019, eMudhra has confirmed that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Qualified Institutional Placement (QIP) of the Company as mentioned in the Placement Document. A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is attached.

The above information is a part of company’s filings submitted to BSE.