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Ratnamani Metals & Tubes (RMTL) is acquiring the remaining 40% stake in its Swiss subsidiary, Ratnamani Trade EU AG, for EURO 400,000, making it a wholly-owned entity. This strategic move solidifies RMTL's European market presence, leveraging Ratnamani Trade EU AG as its exclusive trading house for importing and distributing stainless steel products. The acquisition aims to enhance RMTL's local branding, improve customer service, and ensure faster delivery commitments through local stock, reinforcing the company's long-term commercial interests in the region.