Firstly, just I would like to congratulate, Nehal, sir, for becoming again MD and CEO for the CDSL. I wish under the leadership; the company will reach its new height in coming years and congratulations to the entire CDSL team for putting a great set of numbers. I have a couple of questions and one suggestion to the team. Just like to want to know about this insurance repository. As we all know that now onwards this mandatory to dematerialize the insurance policy. What is the progress of that? And what are the kind of advances that company achieving quarter-on-quarter? And one suggestion to site side can we put up some kind of numbers for this desktop, mainly for this insurance repository to this our investor presentation so that we'll get to know that what is the progress of each and every quarter and how many policies we are adding by each quarter?
Questions across 3 calls
Pratik Shah
Firm not listed in source transcripts
Central Depository Services (India) Limited
Am I audible?
Yes. So firstly, just congratulations to the CDSL team for the good set of numbers. And also, I'd like to congratulate for having this INR10 crores in active demat account is like a milestone really, and I can see in the presentation, there are a lot of awards CDSL has won this time around. So congratulations for that. A couple of questions from my side. First one is like, I mean, is CDSL using any of this artificial intelligence technique in any of the processes for you, if you're moving in the security domain? And second question is just you answer that, I mean, since last couple of, CDSL has raised capital from IPO and a lot of cash in Balance Sheet, while parent BSE has also given a buyback and bonus. So why CDSL is not focusing on to gain the investor back? So these are my 2 questions.
Yes, that's it. And hopefully, Nehal Vora will be the MD & CEO continuing for the next 5 years.