Nemil Hemal Shah

Good morning. Thanks for the opportunity. Sir, I wanted to understand that road transport is a mix of maybe unorganized and the organized sector. Now, looking at the industries that we cater to, what could be the mix of unorganized and unorganized players in the industry?

Okay, got it. And so, do we see any kind of concentration in the coming years, wherein we could see some kind of mergers or takeovers with the companies having a good pre-factor like us?

Okay, so that gives a good sense. And so, no w, concluding from what I can figure out is, now, since we won't go for inorganic growth in the coming years, the large part of capital structuring would be rewarding the shareholders one and secondly, growing our branch network in the places where we aren't much penetrated into.