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Tinna Trade, a prominent agricultural trade entity, has made a significant move in the Indian wine market by acquiring a hundred percent stake in Fratelli Wines through a share swap deal.
With Tinna Trade increasing its stake to nearly 97 percent from a mere 3 percent, the acquisition is poised to elevate Tinna Trade to the position of India's second-largest wine maker. This strategic acquisition is expected to reshape the landscape of the Indian wine industry and open new avenues for growth and innovation.