Emerald Finance Limited has entered into a partnership with All Heart Web Pvt. Ltd., Delhi, to offer an Early-Wage-Access program to the company's employees. This disclosure is made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The partnership aims to provide instant financial relief to employees by allowing them to access part of their salaries seamlessly throughout the month. This initiative aligns with the company's vision to expand its offerings and serve retail customers at large. The company had been working on developing a salary advance solution as part of this expansion.
The product involves tying up with employers to offer short-term loans as salary advances to employees. The amount lent through this program will be collected through salary deduction mechanisms. The disclosure does not specify any financial terms, investment amounts, or expected financial impact of this partnership.
This disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer (Membership No.: F13755) on July 15, 2026, and submitted to the Department of Corporate Services, BSE Limited.