Net profit of Tinna Trade declined 30.00% to Rs 0.07 crore in the quarter ended June 2024 as against Rs 0.10 crore during the previous quarter ended June 2023. Sales rose 209.99% to Rs 107.72 crore in the quarter ended June 2024 as against Rs 34.75 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales107.7234.75 210 OPM %1.101.67 - PBDT0.110.11 0 PBT0.090.08 13 NP0.070.10 -30 Powered by Capital Market - Live News

Tinna Trade will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live News

Tinna Trade announced the cessation of Ashish Madan as director of the company on completion of tenure with effect from 06 August 2024. Powered by Capital Market - Live News

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: � Preferential issue of upto 10,72,460 equity shares at an issue price of Rs. 300 per equity share for cash towards and aggregate amount of up to Rs. 32.17 crore � Preferential issue of upto 564,350 fully convertible warrants at an issue price of Rs. 300 per warrant to be convertible at an option of warrant holder(s) in one or more tranches within 18 months of its allotment date into equivalent number of fully paid-up equity shares for an aggregate amount of upto Rs. 16.93 crore. The proceeds from this issuance shall be utilised to address the medium-to-long term growth objectives of the Company, and shall include investments in development of vineyard tourism, owned winery at Karnataka in substitution of existing leased winery at Bijapur, brand investments including new product development and towards other corporate purposes.Powered by Capital Market - Live News

Tinna Trade announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 3 August 2024 .Powered by Capital Market - Live News