Harsh Shah — Chief Executive Officer and Whole-time Director
So I think the reason why we showcased that chart before was exactly that what can be done. However, whether the distribution is increase or not we historically taken a decision in the quarter for both we think for the [Indecipherable]. So we will be able to guide on that only in the next quarter, however. If you look at last five years track-record we have consistently done it. We applied two parameters. One parameter is that when we increase distribution, we want to increase it in a way that at least for next five-six years even if we go acquire anything distribution still remains at that level, right. And that is very important for our business model, because we may not acquire assets in some years. We may not acquire assets every quarter and our business should still provide enough headway to provide distribution visibility to investors and us the timing that when the market is right for acquisition, we acquired at the right price. So we keep that flexibility, but we compare and whenever there is an ability to increase distribution consistent and it will remain stable for next five to six years, we look-forward to increase that. That has been our strategy in that. And historically we have done it whether it gets done this quarter or not, it’s a Board decision and we’ll take it up in the next quarter.
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