Capital Trade Links Acquires Control of Rhythms Industries

Capital Trade Links Ltd has successfully completed the allotment of equity shares pursuant to the Rights Issue of Rhythms Industries Private Limited. The company was allotted 6,65,001 equity shares at an issue price of Rs. 15/- per share, totaling Rs. 99,75,015/-. This acquisition increases Capital Trade Links' shareholding in Rhythms from 16.36% to approximately 51.04%, thereby establishing Rhythms as a subsidiary. Rhythms Industries operates in the FMCG sector, with a turnover of Rs. 10,368.05 Lakhs for FY 2025-26 and an established distribution network. This strategic investment aims to explore business and growth opportunities within Rhythms.