Emerald Finance Limited , a financial services company, has announced a strategic partnership with Sikh Girls Education Society in Ambala, Haryana, to introduce its Early-Wage-Access program. This initiative aims to provide employees with greater financial flexibility by allowing them to access a portion of their earned wages before the traditional payday.

Key Features of the Partnership

• Instant Financial Relief: Employees can now access part of their salaries seamlessly throughout the month.
• Employer Partnership: Emerald Finance collaborates directly with the Sikh Girls Education Society to implement this program.
• Repayment Method: The advanced amount will be collected through salary deductions, ensuring a streamlined process.

Emerald Finance's Strategic Move

This partnership aligns with Emerald Finance's broader vision to expand its offerings and cater to retail customers. The company has been developing a salary advance solution that involves:

1. Partnering with employers
2. Offering short-term loans as salary advances
3. Facilitating repayment through salary deductions

Implications for Employees

The Early-Wage-Access program is designed to provide several benefits to the employees of Sikh Girls Education Society:

Corporate Disclosure

Emerald Finance Limited has officially disclosed this partnership to the BSE Limited under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure ensures transparency and keeps shareholders and the market informed about significant company developments.

Looking Ahead

As fintech solutions continue to evolve, early wage access programs are gaining traction as a way to provide employees with more control over their finances. Emerald Finance's move into this space could signal a growing trend in the Indian financial sector, potentially leading to more such partnerships across various industries.

While the program offers clear benefits, employees are advised to use such services judiciously and consider their overall financial health when accessing wages in advance.

Emerald Finance Limited continues to innovate in the financial services sector, with this partnership representing a step towards more flexible and employee-centric financial solutions.

Emerald Finance Limited has announced a strategic partnership with Nuvo Aeon Diamond and Jewellery Private Limited, Mumbai, to introduce an innovative Early-Wage-Access program for employees. This collaboration marks a significant step in Emerald Finance's mission to expand its offerings and cater to retail customers.

Key Features of the Early-Wage-Access Program

The new program offers several benefits to employees:

• Seamless access to a portion of their salaries throughout the month
• Instant financial relief for unexpected expenses
• Short-term loans in the form of salary advances
• Repayment through salary deductions

Strategic Alignment with Company Vision

This initiative aligns with Emerald Finance's broader strategy:

• Expansion of product offerings
• Focus on serving retail customers
• Development of innovative salary advance solutions

Partnership Details

Implications for Employees and Employers

The Early-Wage-Access program represents a win-win situation for both employees and employers:

• For Employees: Increased financial flexibility and reduced stress from unexpected expenses
• For Employers: Enhanced employee satisfaction and potential improvement in productivity

Regulatory Compliance

Emerald Finance Limited has ensured full compliance with regulatory requirements:

• Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• Official announcement submitted to BSE Limited on October 30, 2025

This partnership between Emerald Finance and Nuvo Aeon Diamond showcases an innovative approach to employee financial wellness. By providing flexible access to earned wages, the program aims to alleviate financial stress and offer a practical solution for short-term cash needs. As companies increasingly focus on employee well-being, such financial tools may become more prevalent in the corporate landscape.