What a weak minded statement. Just admit you messed up and call it a day.
The statement can use whatever weasel words it likes, but the action pretty clearly says "we aren't mature enough as an organisation to handle this responsibility." Which would be quite the concern for me, if I were a customer for one of eMudhra's other product lines.
It raises the question why these CAs agree to participate on this forum and then complain about doing so.
You apparently don't understand Indians.
e.g. Japanese culture in many circumstances requires a company to rush to apologize for the smallest perceived (not even actual) fault
learn about Izzat and Jugaad in their "culture". That explains the problem itself, as well as the reaction ;)
I see this more as "we didn't know this was so complex and the juice no longer looks worth the squeeze."
Probably just a botched translation though