Emerald Finance Limited has announced a strategic partnership with Logam India, Kanpur, to launch its Early-Wage-Access program, marking a significant expansion into retail financial services. The partnership was disclosed on February 16, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Partnership Details

The collaboration focuses on providing instant financial relief to employees of Logam India by enabling them to access portions of their salaries seamlessly throughout the month. This arrangement represents a departure from traditional monthly salary disbursement models, offering employees greater financial flexibility.

Product Structure and Vision

The Early-Wage-Access program operates as a salary advance solution where Emerald Finance provides short-term loans to employees, with repayment collected through salary deductions. This product aligns with the company's broader vision to expand its offerings and serve retail customers at scale.

The initiative involves strategic tie-ups with employers to facilitate seamless loan disbursement and recovery processes. By partnering directly with companies, Emerald Finance can offer employees immediate access to earned wages without the traditional waiting period until month-end.

Strategic Significance

This partnership represents Emerald Finance's strategic move into the employee financial wellness sector. The company has been actively developing salary advance solutions as part of its retail customer expansion strategy. The collaboration with Logam India serves as a pilot for broader market penetration in the Early-Wage-Access segment.

The disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer, emphasizing the company's commitment to regulatory transparency and stakeholder communication.

Emerald Finance Limited has announced a new strategic partnership with Dharam Chand Dwarka Das Agarwal, Kanpur Uttar Pradesh, to launch its Early-Wage-Access program for employees. The company disclosed this development on February 09, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Latest Partnership Details

The collaboration with Dharam Chand Dwarka Das Agarwal represents the company's continued expansion of its Early-Wage-Access program across different regions. This partnership follows the company's earlier announcement of a similar collaboration with Aruna Enterprises in Haryana, demonstrating the growing adoption of the program.

Program Structure and Implementation

The Early-Wage-Access program provides instant financial relief to employees by allowing them to access portions of their earned salaries seamlessly throughout the month. The program operates through a structured short-term lending mechanism where employees can obtain salary advances as needed, with repayment facilitated through salary deductions.

This solution addresses immediate financial requirements of workers while maintaining a systematic collection process. The company has designed this offering to serve as a financial bridge between paydays, enabling employees to manage their monetary needs more effectively throughout the month.

Strategic Expansion Initiative

This partnership aligns with Emerald Finance Limited's strategic vision to expand its service offerings and serve retail customers on a larger scale. The company has been actively developing salary advance solutions as part of its growth strategy in the financial services sector.

The initiative involves establishing partnerships with various employers across different regions to offer structured short-term loans as salary advances. This approach enables the company to penetrate the employee benefits market while providing valuable financial services to working professionals across multiple locations.

Regulatory Compliance and Documentation

The announcement was formally disclosed to BSE Limited, maintaining the company's commitment to transparency and regulatory compliance. The disclosure was signed by Amarjeet Kaur, Company Secretary cum Compliance Officer (Membership No.: F13755), ensuring proper adherence to listing obligations and disclosure requirements under SEBI regulations.