MoneyWorks4Me

Capital Trade Links rises on getting nod to incorporate wholly owned subsidiary

24 Sep 2026 Evaluate

Capital Trade Links is currently trading at Rs. 28.85, up by 0.05 points or 0.17% from its previous closing of Rs. 28.80 on the BSE.

The scrip opened at Rs. 28.00 and has touched a high and low of Rs. 29.45 and Rs. 27.56 respectively. So far 8642 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.24 on 28-Nov-2025 and a 52 week low of Rs. 14.30 on 11-Mar-2026.

Last one week high and low of the scrip stood at Rs. 30.20 and Rs. 27.56 respectively. The current market cap of the company is Rs. 371.49 crore.

The promoters holding in the company stood at 39.85%, while Non-Institutions held 60.15% stake in the company.

Capital Trade Links has received approval for the incorporation of a wholly owned subsidiary under the Companies Act, 2013, in the name and style of ‘Rentworks Services India’. The name has been approved by the Central Registration Centre (CRC), Ministry of Corporate Affairs.

The proposed subsidiary will be engaged in the business of renting and leasing of furniture, appliances and other tangible assets, in line with the company’s long-term strategic vision to diversify its business operations and establish a sustainable and scalable presence in the equipment rental and leasing sector.

The Board of Directors of the company, at its meeting held on September 23, 2026, has approved the same.

Capital Trade Links is engaged in the business of providing personal loans, auto loans, business loans and consumer durable loans to enterprises from all spectrum.

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