Capital Trade Links has acquired a 16.36% equity stake in Rhythms Industries Private Limited through a cash transaction valued at ₹2.74 crore. The deal involves the purchase of 1,49,999 equity shares at a price of ₹182.48 per share.

The acquisition is structured as a strategic investment to explore business and growth opportunities within the Fast-Moving Consumer Goods (FMCG) sector. The transaction was completed on an arm’s length basis and does not constitute a related-party transaction. Neither the promoter nor the promoter group of Capital Trade Links holds any interest in Rhythms Industries.

Target Profile and Operations

Rhythms Industries, promoted by Nilesh Jain, operates in the manufacturing and distribution of food products under its proprietary "365 Days" brand. The company maintains a network serving over 3,000 retail outlets and offers approximately 300 active SKUs, with around 80 additional products in the pipeline.

Beyond its core FMCG operations, the group has diversified into flour manufacturing through a 51% stake in Rainlink Agro Private Limited. This subsidiary operates a flour mill with a capacity of 300 MT/day in Itarsi, Madhya Pradesh.

Financial Performance

Rhythms Industries reported consistent growth in revenue and profitability over the last three fiscal years. The financial data, based on provisional balance sheets for FY26, highlights the following trends:

Revenue from operations rose to ₹1,036.8 lakh in FY26, up from ₹721.0 lakh in FY25 and ₹501.8 lakh in FY24. Profit before tax increased to ₹34.8 lakh in FY26, compared to ₹32.6 lakh in FY25. Net profit followed a similar trajectory, reaching ₹26.5 lakh in FY26 against ₹24.2 lakh in the prior year.

What the Numbers Show

The financial data reveals a significant improvement in operating leverage for Rhythms Industries. While revenue grew by approximately 44% from FY25 to FY26, profit before tax expanded by roughly 7%. This divergence suggests that while top-line growth was robust, cost structures or input expenses may have absorbed a portion of the incremental revenue during this period. However, the company maintained positive profitability across all three years, with PAT more than doubling from FY24 to FY25 before stabilizing in FY26.

Capital Trade Links has scheduled its 41st Annual General Meeting (AGM) for September 30, 2026. The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (OAVM), with the registered office in New Delhi serving as the deemed venue.

Corporate Governance Updates

The AGM agenda includes ordinary business items such as the adoption of standalone and consolidated audited financial statements for FY26. Members will also vote on the reappointment of Mr. Krishan Kumar as a director retiring by rotation.

Under special business, shareholders will consider the reappointment of Mr. Ashish Kapoor as an Independent Director for a second term of five years, from September 30, 2026, to September 30, 2031. This requires a special resolution.

Director Profiles

Mr. Kapoor serves on the Audit, Nomination & Remuneration, Stakeholders Relationship, and Risk Management committees. The Nomination & Remuneration Committee recommended his reappointment based on his technical expertise and independence compliance.

Voting and Participation

Remote e-voting opens on September 27, 2026, at 9:00 am and closes on September 29, 2026, at 5:00 pm. The cut-off date for determining voting rights is September 23, 2026. Mr. Attiuttam Prasad Singh has been appointed as the scrutinizer for the voting process.

Members holding shares in physical form are urged to dematerialize their holdings. The register of members will remain closed from September 23, 2026, to September 29, 2026.