BSECompany Update1d ago · 1 Oct 2026, 07:20 pm
Allotment of Equity Shares pursuant to Right Issue of Rhythms Industries Private Limited ("Rhythms").
Capital Trade Links Ltd · 538476
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Capital Trade Links Ltd has acquired control over Rhythms Industries Private Limited, a FMCG company, through a rights issue, increasing its shareholding from 16.36% to 51.04%. The acquisition is strategic, aiming to explore business and growth opportunities.
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Earnings Impact5/10
Growth Catalyst8/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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Full Announcement
Capital Trade Links Ltd - 538476 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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Ref: D/CTL/SE/2026-27/25 October 01, 2026
BSE Limited
P J Towers, Dalal Street,
Fort, Mumbai -400001
Scrip Code: 538476 ISIN: INE172D01021 Scrip ID: CTL
SUB.: INTIMATION UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND
DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 – ALLOTMENT OF EQUITY
SHARES PURSUANT TO RIGHTS ISSUE OF RHYTHMS INDUSTRIES PRIVATE LIMITED
REF.: THIS IS IN CONTINUATION OF OUR EARLIER DISCLOSURE DATED SEPTEMBER 23,
2026, SUBMITTED UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS
AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Dear Sir/Madam,
In continuation of our earlier disclosure dated September 23, 2026, we hereby inform the
Exchange that Rhythms Industries Private Limited (“Rhythms”) has completed the allotment of
equity shares pursuant to its Rights Issue.
Pursuant to the Rights Issue, the Company had applied for 6,70,000 equity shares, including its
Rights Entitlement and additional equity shares. Accordingly, pursuant to the allotment made by
Rhythms on October 01, 2026, the Company has been allotted 6,65,001 equity shares at an issue
price of Rs. 15/- per equity share, aggregating to a total consideration of Rs. 99,75,015/-.
Consequent to the aforesaid allotment, the Company's shareholding in Rhythms has increased
from 1,49,999 equity shares, representing 16.36%, to 8,15,000 equity shares, representing
approximately 51.04% of the post-issue paid-up equity share capital of Rhythms. Accordingly, the
Company has acquired control over Rhythms, and Rhythms has consequently become a
subsidiary of the Company.
The details as required under Regulation 30 read with Schedule III of the SEBI (Listing Obligations
and Disclosure Requirements) Regulations, 2015, as amended, are enclosed herewith as
“Annexure -A”.
This is for your information and records.
Thanking You,
For Capital Trade Links Limited
Daksh Kumar Goel
Company Secretary & Compliance Officer
Encl.: As above
ANNEXURE–A
Sr. Particulars Details
a) Name of the target entity, details in Name of the Target Entity: Rhythms Industries
brief such as size, turnover etc.; Private Limited
CIN: U15130MP2017PTC043440
Post-issue Paid-up Capital: Rs.159.68 Lakhs
Turnover for FY 2025-26: Rs. 10,368.05 Lakhs
b) Whether the acquisition would fall The transaction does not fall within related party
within related party transaction(s) and transaction(s). The promoter or the promoter
whether the promoter/ promoter group/group companies of the Company do not have
group/ group companies have any any interest in Rhythms Industries Private Limited.
interest in the entity being acquired? If
yes, nature of interest and details
thereof and whether the same is done
at “arm’s length”
c) Industry to which the entity being FMCG (Fast-Moving Consumer Goods) / Food
acquired belongs Products Manufacturing & Distribution Industry.
d) Objects and impact of acquisition The acquisition is being undertaken as a strategic
(including but not limited to, disclosure investment in Rhythms Industries Private Limited,
of reasons for acquisition of target with a view to exploring its business and growth
entity, if its business is outside the main opportunities.
line of business of the listed entity)
Consequent to the allotment, the Company has
acquired control over Rhythms Industries Private
Limited, which has become a subsidiary of the
Company
e) Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition
f) Indicative time period for completion October 01, 2026
of the acquisition.
g) Consideration - whether cash Cash Consideration by way of remittance through
consideration or share swap or any normal banking channel.
other form and details of the same
h) Cost of acquisition and/or the price at The Rights Shares were offered at an issue price of Rs.
which the shares are acquired 15/- per Equity Share, against the face value of Rs.
10/- per Equity Share. The Company was entitled to
1,11,290 Rights Shares and had applied for a total of
6,70,000 Rights Shares, including additional Rights
Shares. Pursuant to the allotment, the Company has
been allotted 6,65,001 Rights Shares for an aggregate
consideration of Rs. 99,75,015/-.
i) Percentage of shareholding / control The Company has been allotted 6,65,001 equity
acquired and / or number of shares shares, resulting in an increase in its shareholding
acquired from 16.36% to 51.04%.
Accordingly, the Company has acquired control over
Rhythms and consequently, Rhythms has become a
subsidiary of the Company.
j) Brief background about the entity The company is principally engaged in FMCG
acquired in terms of products/line of distribution, manufacturing and allied consumer
business acquired, date of businesses. It has an established distribution network
incorporation, history of last 3 years of more than 3,000 outlets and operates under the
turnover, country in which the “365 Days” brand.
acquired entity has presence and any
other significant information (in brief); Date of Incorporation: May 31, 2017
The turnover of the company for the last three
financial years is as follows:
FY 2025-26: Rs. 10,368.05 Lakhs
FY 2024-25: Rs. 7,209.52 Lakhs
FY 2023-24: Rs. 5,017.74 Lakhs
The company has its presence in India.