Emerald Finance Limited has partnered with Ebixcash Mobility Software India Ltd to offer an Early-Wage-Access program to its employees. This initiative aims to provide instant financial relief by allowing staff to access part of their earned salaries seamlessly throughout the month, addressing liquidity needs ahead of the formal payday.

The partnership aligns with Emerald Finance 's vision to expand its offerings and serve retail customers. The company has been developing a salary advance solution that entails tying up with employers to offer short-term loans. The amount lent under this arrangement is subsequently collected through salary deductions.

Program Details

The Early-Wage-Access program is designed to integrate with employer payroll systems to facilitate seamless disbursement and recovery. The key operational features of the partnership include:

• Partner: Ebixcash Mobility Software India Ltd, Delhi
• Product Type: Short-term loans as salary advance
• Recovery Mechanism: Salary deduction

The disclosure was made to BSE Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Emerald Finance Limited has secured a term loan of ₹10,00,00,000 from ICICI Bank Limited to finance the expansion of its business operations. The capital infusion is aimed at strengthening the company's funding profile and enhancing the scalability of its lending activities. This strategic move establishes a banking relationship with one of India's largest private sector banks, complementing its existing tie-up with State Bank of India.

The proceeds from the loan will be primarily utilized for onward lending activities. A key focus area for the deployment of these funds is the company's Earned Wage Access (EWA) Program. This initiative provides employees of leading corporates with seamless access to a portion of their earned salaries during the month through short-term credit facilities offered in association with their employers.

By securing credit facilities from both State Bank of India and ICICI Bank Limited, Emerald Finance aims to bolster its operational capabilities. The company believes that these relationships will support the continued growth of its lending business and improve its overall financial stability.

Key Details of the Fundraising

The disclosure regarding this term loan was submitted to the Department of Corporate Services at BSE Limited on June 13, 2026, under Regulation 30 of the LODR Regulations, 2015.