Intimation under regulation 30 Part A Para B Schedule III related with Strategic Engagement with Rajasthan Financial Services Development Limited
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Mega Corporation Limited, a registered NBFC, has entered a strategic engagement with Rajasthan Financial Services Development Limited (RFSDL), a Government of Rajasthan undertaking. Under this agreement, Mega Corp will provide a digital line of credit (Earned Salary/Pension Advance Drawls facility) to employees and pensioners of the Government of Rajasthan through its website and mobile application. RFSDL was assigned by the GoR Finance Department to implement this scheme and selected Mega Corp after issuing an Expression of Interest on 26 September 2025. Mega Corp will earn interest on salary/pension advances plus penal charges for overdue amounts as consideration, with no additional transaction fees. The deal mandates 24x7 helpdesk support, a dedicated Grievance Redressal Officer, and weekly reporting to the GoR.
This partnership gives Mega Corp access to a large, captive customer base of Rajasthan government employees and pensioners, which could meaningfully boost its digital lending volumes and interest income. For shareholders, it represents a significant business expansion win backed by a state-level government mandate, though execution and regulatory compliance will be key to realising the benefit.