23-Sept-2026 16:58:11
CTLGeneral news
CAPITAL TRADE : TO INVEST UP TO RS 10 CR IN RHYTHMS INDUSTRIES AND ITS SUBSIDIARY; INCORPORATES WHOLLY OWNED SUBSIDIARY FOR RENTALS BUSINESS
• Investment of up to ₹10 Cr in Rhythms Industries Private Limited or its subsidiary, Rain Link Agro Foods Private Limited, can be in equity, debt, or other permissible securities. • Proposed subscription to Rhythms' rights issue is for ₹16.69 L for 1,11,290 shares, with an authorization to subscribe to an additional 5,68,843 shares for ₹85.33 L. • Wholly owned subsidiary, "RENTWORKS SERVICES INDIA PRIVATE LIMITED", incorporated for renting and leasing of furniture, appliances, and other tangible assets.
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