Aditya Bhartia

Sir, my first question is on capex, wherein we have spent almost INR8 billion in the stand-alone entity itself, which compares to roughly INR1.3 billion last year. So just wanted to understand what was the nature of this investment? Where exactly was it spent? And how much incrementally would have gotten spent on OSAT and PCB given that out of the QIP proceeds, it appears that quite a bit is remaining unutilized.

Sir, does that mean that the initial capacity that we had planned at Chamarajanagar for which we had raised around 1.5 billion at the time of the IPO, the current shape is much, much larger than what was initially envisaged.

Understood, sir. That's helpful. Just one last question, if I may. When you had acquired the smart metering business, you had indicated that, that should be contributing roughly 10% of revenues. And from that context, the increase in other current assets that we have seen appears to be fairly large. So how is the accounting being done?

My first question is on the guidance that you've given, given that we have had a phenomenal first half, the guidance of roughly 25% revenue growth basically means only around 5% revenue growth in the second half of this fiscal. So how should we look at it? Is it that you're just being very conservative while guiding and overall numbers are likely to be much stronger than that?

Understood. In fact, last year, second half to that extent was slightly weak base. And unless, again, we have very unfavourable weather, fair to assume that we should be having a pretty decent second half?

Growth much stronger than -- sure, sure, sure. Sir, my second question is on Korea Circuits. While you mentioned that at this stage, it's not possible to give complete understanding about capex that may get incurred. But if you could just let us know about how you're looking at the opportunity size, what kind of revenues can this company be doing? And on the buyback arrangement, what exactly is it?