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flag Emerald Finance raises capital by 1 Cr Rs, plans expansion and new salary advance product.

flag Emerald Finance Limited has completed the allotment of 1 million equity shares at Rs100 each, raising its capital from Rs32.78 Cr to Rs33.78 Cr. flag The shares were allotted to entities like Minerva Ventures Fund and Rajesh Jain. flag Managing Director Sanjay Aggarwal said the funds will be used to expand the company’s Employee Welfare Administration services and introduce a new salary advance product.

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