Tinna Trade raises Rs 49 cr to fund its growth plans

Tinna Trade (Tinna), the holding Company of Fratelli Wines, announced that its Board of Directors, at its meeting held on 3 July 2024, approved preferential issue of equity shares and fully convertible warrants, both aggregating to, approx. Rs. 49 crore, to holders belonging to the promoter and non-promoter categories, comprising of: