Submission of Annual Report for the Financial Year 2024-25
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Emerald Finance Limited, a Chandigarh-based NBFC, submitted its Annual Report for FY 2024-25 to BSE as required under SEBI Listing Regulations. The report includes a notice for the 42nd Annual General Meeting scheduled for September 30, 2025. Key items include a final dividend of Rs. 0.09 per share for FY 2024-25, with record date set as September 23, 2025. The company's profit showed a 45% CAGR over five years, reaching Rs. 8.9 crore in FY 2024-25 (up from Rs. 4.1 crore in FY 2023-24). The business serves over 20,000 people through its Early Wage Access (EWA) platform, processing Rs. 32 crore in salary advances across 33 states. Several resolutions are tabled at the AGM, including reappointment of Managing Director Sanjay Aggarwal for three years, appointment of a new secretarial auditor for five years (FY 2025-26 to 2029-30), and approval of related party transactions up to Rs. 15 crore per party for FY 2025-26 and FY 2026-27.
This is primarily a routine regulatory filing with no immediate stock price impact. Shareholders are eligible for a Rs. 0.09 per share dividend (record date September 23, 2025) and can vote electronically from September 27-29, 2025 on key resolutions including increased related party transaction limits (doubled from Rs. 7.5 crore to Rs. 15 crore per party).