Emerald Finance Limited has announced a strategic partnership with Capital Depot, based in Chandigarh, to launch an innovative Early-Wage-Access program. The partnership was officially disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Partnership Disclosure

The company formally communicated this partnership to BSE Limited through an official disclosure document signed by Company Secretary cum Compliance Officer Amarjeet Kaur. The disclosure emphasizes the company's commitment to transparent corporate communications and regulatory adherence.

Early-Wage-Access Program Structure

The Early-Wage-Access program operates as a comprehensive salary advance solution designed to provide instant financial relief to employees. According to the official disclosure, this partnership aims to allow employees to access part of their salaries seamlessly throughout the month through employer tie-ups.

Key features of the program include:

• Instant Financial Relief: Employees can access portions of their earned salaries before regular payday
• Short-term Loan Mechanism: Structured lending approach with systematic recovery
• Payroll Integration: Direct salary deduction for loan recovery
• Employer Partnership Model: Strategic tie-ups with companies to expand service reach
• Seamless Access: Streamlined process for employee convenience

Strategic Business Expansion

This partnership represents a significant milestone in Emerald Finance Limited's strategic expansion into retail customer services. The company has been actively developing salary advance solutions as part of its vision to expand offerings and serve retail customers at scale through employer partnerships.

The business model involves establishing partnerships with employers to offer short-term loans as salary advances to their employees. The amount lent is subsequently collected through salary deduction mechanisms, ensuring a secure and sustainable lending framework. This approach creates accessibility for employees while maintaining operational security for the financial institution.

Regulatory Compliance and Market Positioning

The formal disclosure to BSE Limited demonstrates Emerald Finance Limited's commitment to maintaining transparency and regulatory compliance in all business developments. The partnership positions the company to capitalize on the growing demand for flexible employee financial services, leveraging innovative solutions to address immediate liquidity needs of working professionals in the retail segment through strategic employer tie-ups.

Emerald Finance Limited has achieved significant business milestones during the fourth quarter of FY 2025-26, partnering with 30 corporates for its Early Wage Access program while disbursing over ₹375 crores in gold loans through its subsidiary. The company announced these developments as part of its regulatory disclosure pursuant to SEBI LODR Regulation 30.

Major Business Expansion in Q4FY26

The company has successfully onboarded 30 corporate partners for its Early Wage Access program during Q4FY26, spanning multiple sectors and geographies. These partnerships enable eligible employees to access portions of their earned salary during the month through a structured salary advance model with seamless payroll deduction recovery.

Gold Loan Business Performance

Emerald Finance Limited, along with its material subsidiary Eclat Net Advisors Private Limited, has disbursed gold loans aggregating to over ₹375.00 crores during Q4FY26 under its syndication business model. These disbursements were executed in partnership with major financial institutions including ICICI Bank Limited, HDFC Bank Limited, RBL Bank Limited, and Muthoot Finance Limited.

Management Commentary on Growth Strategy

Managing Director Sanjay Aggarwal commented on the developments, stating that the addition of 30 employer partners demonstrates growing demand for innovative, employee-centric financial solutions. He emphasized that the EWA platform empowers salaried employees by providing timely access to earned income, reducing financial stress and improving overall well-being.

Strategic Business Positioning

Aggarwal highlighted that crossing ₹375 crores in gold loan syndication in a single quarter demonstrates the scale and trust built in the origination business. Both the Early Wage Access and gold loan syndication businesses are integral to the company's strategy of building a scalable, diversified, and technology-enabled financial services platform while expanding access to financial products for underserved segments.