Hiral Parekh

Sir, my first question is that competition has mentioned that they have seen more traction with fintech brokers after they have made some tech changes, which have sort of reduced onboarding friction. Also, I was looking at some data. So, while we have maintained our market share in terms of total demat accounts. However, for our incremental demat market share, we have lost about 420 bps since close of March.

Just one more question. For employee costs, they were up around 30% Q -o-Q. So, in case this consists of some bonus provisions, if you could just give us a broad split between the underlying increase and the bonus increase?