Yes. Hi. I wanted to check on the G12R transition which you were doing in the last quarter. So, my understanding is there was a bit of a shutdown on some of the lines in the last quarter. So, is that complete or there could be some spill over in the first quarter as well?
Okay. So, these five will probably get converted in the first quarter, right?
So MNRE recently came out with a detailed SOP for local manufac turing of wind turbines. I think where they basically give details regarding what qualifies, what is not qualified. And so I just wanted to know after that, is there a little more clarity on -- is it -- in terms of localization, is it more easy, tough? How are the competitors responding? And any clarity you can give on that?
Okay. And is there also subseque nt steps, which are expecting? Like if I see on the solar side, we are seeing -- it started with ALMM, then ALCM. Now they've a lready announced ALWM. People expect ALBM, which is on the battery side. So I mean, subsequent to this, do you see, I mean, more announcements in the coming years?
Just wanted to check, how are you thinking for beyond FY27? And now that you are in net cash, there is more cash getting generated. So, what is the plan for excess cash ? So, that is my first question.
How should we factor in the interest expense going forward?
So, just on the delivery schedule for product tankers, do you have any visibility because that order book number is 15%-odd. So, I mean, I am just wondering if that segment is running into some trouble.
And offshore has a pretty good show this quarter. So, is this number sustainable or the other way to ask is, is there any one-off over there which may not get attributed?
Yes thank you so much for the opportunity. Sir first question just on the exceptional item so I understand that contingent liability was there for a while has something changed in the last two three months that you have taken this now that is my first question?
I am just wondering why have you taken it now has something changed in the last two months?