Emerald Finance Limited submitted a regulatory disclosure to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company announced it has entered into a partnership with Health Biotech Limited, Chandigarh, to offer an Early-Wage-Access program to Health Biotech's employees. This program is designed to provide instant financial relief to employees by allowing them to access a portion of their earned salaries seamlessly throughout the month, prior to the official payday.
The product is structured as a short-term loan provided as a salary advance. The partnership model involves tying up with employers, and the loan amount is subsequently collected from the employee through salary deduction.
The company stated this initiative is in line with its vision to expand its service offerings and serve retail customers at large. The disclosure was signed and submitted by Amarjeet Kaur, Company Secretary cum Compliance Officer (Membership No.: F13755), on 24 July 2026 at 17:09:31 IST.
Financial Impact
Financial impact not quantified in the disclosure.