Gita Renewable Energy To Contribute 22 Lakh Manaksia Shares To Penthouse LLP

Board approved admission as partner of Penthouse Properties LLP with 5% profit/loss share via contribution of 22,05,022 Manaksia Coated Metals shares (2.08% stake). On Audit Committee recommendation; LLP unrelated to promoters, not a related-party deal; existing partners Vikram and Vandana Aggarwal; nominee R. Natarajan to sign. Valuation of 5% LLP interest vs shares contributed, LLP assets, rationale and financial impact not disclosed; rights as per LLP agreement only.