Emerald Finance Limited partners with Cadchem Laboratories Ltd

Emerald Finance Limited has partnered with Cadchem Laboratories Limited having registered office at 1060, Industrial Area, Phase-II, Ram Darbar, Chandigarh-160002 to offer its Early-Wage-Access program to the employees of the company. Cadchem Laboratories Limited is into the field of developing and manufacturing niche Active Pharmaceutical Ingredients (API) and its intermediates.

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. 62.91 as compared to the previous close of Rs. 59.92. The total number of shares traded during the day was 63699 in over 124 trades.

The stock hit an intraday high of Rs. 62.91 and intraday low of 62.91. The net turnover during the day was Rs. 4007304.00.

Source : Equity Bulls

Keywords

EmeraldFinancea INE030Q01015 Partnership CadchemLabratories