Hi @Karikalan Ramakrishn • Please find my comments inline.
1. Is this SSL certificate managed by Azure?
Yes, this certificate is managed by Azure.
2. Do we need to take any steps when it closes to the expiry date?
No, you are not required to take any actions as this certificate is managed by Microsoft. If you check the Subject Alternative Name field of the certificate, you can see the FQDN of a lot of Azure Services, which means there are a lot of services that use this certificate and not just B2C. This is why it is maintained by Microsoft.
There is no documentation available specifically for the Azure SSL certificate., but as the SSL certificate is part of managed services, these are managed by Microsoft.
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