How An Agri Trader Is Turning Into India's No. 2 Winemaker

A little-known trader of farm commodities is transforming into India's No. 2 winemaker.Tinna Trade Ltd., a BSE-listed company with a market cap of Rs 69 crore, will acquire Fratelli Wines Pvt., the maker of J’NOON range, to become the second largest maker of wines in the country in a share-swap deal. The transaction between the two companies with at least one common promoter would make Fratelli a wholly owned subsidiary of Tinna Trad...