Capital Trade Links Ltd has acquired a 16.36% equity stake in Rhythms Industries Private Limited by purchasing 1,49,999 equity shares for a total cash consideration of 2.74 Cr.

Rhythms Industries operates in the fast-moving consumer goods sector, manufacturing and distributing food products under its proprietary brand.

The investment is intended as a strategic move to explore new business and growth opportunities.

For stakeholders, this expansion into a growing manufacturing and distribution network broadens the company's investment footprint in the consumer goods segment.