Emerald Finance Limited partners with Sunita Tools Ltd

Emerald Finance Limited has partnered with Sunita Tools Ltd., a company having its registered office address at Survey No. 66, Plot No. A, Valiv, Sativali Road, Vasai East, Palghar - 401208 to offer its Early-Wage Access program to the employees of the Company. Sunita Tools Ltd. has been a pioneer in the engineering and plastics industry for over 55 years.

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. 102.90 as compared to the previous close of Rs. 105.00. The total number of shares traded during the day was 42610 in over 145 trades.

The stock hit an intraday high of Rs. 105.55 and intraday low of 102.90. The net turnover during the day was Rs. 4394534.00.

Source : Equity Bulls

Keywords

EmeraldFinance INE030Q01015 Partnership SunitaTools EarlyWageAccessProgram