Emerald Finance Ltd partners with Ajit Industries West Pvt Ltd to offer Early Wage Access program

Emerald Finance Limited has partnered with Ajit Industries West Private Limited, Delhi to offer its Early-Wage-Access program to the employees of the Company.

This partnership aims to provide an instant financial relief to the employees by allowing them to access part of their salaries seamlessly throughout the month. The Company, in line with its vision to expand its offerings and to serve retail customers at large had been working on a salary advance solution. This product entails tying up with employers to offer short term loans as salary advance. The amount lent is then collected through salary deduction.

Shares of Emerald Finance Ltd was last trading in BSE at Rs. 73.02 as compared to the previous close of Rs. 74.10. The total number of shares traded during the day was 33499 in over 409 trades.

The stock hit an intraday high of Rs. 75.50 and intraday low of 72.11. The net turnover during the day was Rs. 2462687.00.

Source : Equity Bulls

Keywords

EmeraldFinance INE030Q01015 Partnership AjitIndustriesWest