Wholly owned subsidiary Rentworks Services India incorporated; 10,000 shares subscribed for Rs. 1,00,000
Capital Trade Links incorporated Rentworks Services India Private Limited as a wholly owned subsidiary on November 03, 2026.
By ScoutQuest · · 2 min read
- Shares Subscribed
- 10,000 equity shares of Rs. 10/- each
- Subscription Amount
- Rs. 1,00,000/-
- Shareholding
- 100%
What was intimated
- Capital Trade Links Limited has incorporated a wholly owned subsidiary named Rentworks Services India Private Limited.
- The Certificate of Incorporation was received from the Ministry of Corporate Affairs on November 03, 2026.
- Country of incorporation is India.
- The new entity belongs to the renting and leasing industry and is engaged in the business of renting and leasing of furniture, appliances and other tangible assets.
- The intimation was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows the earlier intimation of the Board Meeting outcome held on September 23, 2026.
Money and shareholding
- Capital Trade Links subscribed to 10,000 equity shares of Rs. 10/- (Rupees Ten Only) each.
- The aggregate subscription amount is Rs. 1,00,000/- (Rupees One Lakh Only).
- The nature of consideration is cash consideration.
- Capital Trade Links holds 100% of the share capital of the new company.
Relationship with the listed company
- Rentworks Services India Private Limited is a wholly owned subsidiary of Capital Trade Links Limited and hence a related party of the Company.
- A wholly owned subsidiary means the entire ownership of the new company sits with Capital Trade Links; there are no other shareholders in it.
How a retail investor can read this
- The update sets up a new corporate arm in the renting and leasing of furniture, appliances and other tangible assets. The initial share capital committed is Rs. 1,00,000/- for 10,000 shares of Rs. 10/- each, which is the subscription amount stated.
- Because the new company is a related party, any transactions between it and Capital Trade Links going forward would carry related-party disclosure requirements.
- The entity has been newly incorporated, so the update describes the business it is engaged in; the operating scale is not part of this intimation.
Perception: the announcement signals the creation of a dedicated wholly owned vehicle for a renting and leasing business, with a small initial capital commitment of Rs. 1,00,000/-.
Also from Capital Trade Links
Board meet on 04 November 2026 to consider quarter and half year results
31 Oct 2026
Capital Trade Links allotted 6,65,001 rights shares of Rhythms Industries at Rs. 15/- each for Rs. 99,75,015/-, raising its stake to 51.04% and making it a subsidiary
1 Oct 2026
AGM members approve re-appointment of Krishan Kumar as Director and Ashish Kapoor as Independent Director
1 Oct 2026
More numbers
- Equity shares subscribed by Capital Trade Links in the new subsidiary10,000 equity shares
- Face value per equity share subscribedRs. 10/-
- Aggregate subscription amountRs. 1,00,000/-
- Shareholding of Capital Trade Links in the subsidiary100%
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