Emerald Finance Limited has made a disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has entered into a partnership with Fireknott Fashion Pvt. Ltd., based in Zirakpur, Punjab, to offer an Early-Wage-Access program to its employees.
The partnership is designed to provide instant financial relief to employees by enabling them to access a portion of their salaries seamlessly throughout the month. This initiative is part of the company's broader vision to expand its service offerings and cater to retail customers. The product involves tying up with employers to offer short-term loans in the form of salary advances. The repayment mechanism for these advances is through salary deduction.
This disclosure is purely informational, and no financial impact, transaction amounts, or specific implementation dates are quantified in the filing. The disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer (Membership No.: F13755), on August 7, 2026.