StockWatch
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Non Banking Financial Company (NBFC)
Subsidiary3 Nov 2026, 07:22 pm

Capital Trade Links Incorporates Wholly Owned Subsidiary

AI Summary

Capital Trade Links Ltd has incorporated a wholly owned subsidiary named "Rentworks Services India Private Limited" on November 03, 2026. This subsidiary is engaged in the business of renting and leasing of furniture, appliances, and other tangible assets. Capital Trade Links Limited subscribed to 10,000 equity shares of Rs. 10/- each, for an aggregate subscription amount of Rs. 1,00,000/-, holding 100% of the share capital. This incorporation is a related party transaction as Rentworks Services India Private Limited is a wholly owned subsidiary.

Key Highlights

  • Incorporated a wholly owned subsidiary: Rentworks Services India Private Limited.
  • Subsidiary to engage in renting and leasing of tangible assets.
  • Company invested Rs. 1,00,000 for 100% shareholding.
  • Transaction is considered a related party transaction.