Capital Trade Links Approves Rights Issue Subscription & ₹10 Cr Investment

Capital Trade Links Limited's Board of Directors has approved the subscription to the Rights Issue of Rhythms Industries Private Limited and a proposed investment of up to ₹10 crore in Rhythms or its subsidiaries. The investment can be in equity, debt, or other permissible securities, made in tranches. Additionally, the company will incorporate a wholly-owned subsidiary, 'RENTWORKS SERVICES INDIA PRIVATE LIMITED', to engage in the renting and leasing of furniture, appliances, and other tangible assets, aligning with its strategy to diversify into the equipment rental and leasing sector. The Board meeting took place on September 23, 2026.