ADC India Communications has announced the successful completion of its postal ballot conducted through remote e-voting, which concluded on April 23, 2026. The company submitted the voting results to BSE Limited on April 24, 2026, confirming that all three resolutions were approved by shareholders with the requisite majority.

The remote e-voting period commenced at 9.00 a.m. IST on March 25, 2026, and concluded at 5.00 p.m. IST on April 23, 2026. The postal ballot notice was dated March 14, 2026, with a cut-off date of March 20, 2026, for determining eligible shareholders. The company had 7,922 total shareholders on the cut-off date, with a total paid-up equity capital comprising 46,00,000 equity shares of Rs. 10/- each.

Voting Results Overview

The postal ballot covered three key resolutions, all receiving strong shareholder approval. The detailed voting results demonstrate significant participation from promoter and promoter group members:

Director Appointments

The first resolution sought the appointment of Ms. Lin Xia Smyth (DIN:11525342) as Non-Executive Non-Independent Director. The resolution received overwhelming support with 33,22,285 votes in favour against 227 votes against, representing 72.23% of the total paid-up equity capital participation.

The second resolution concerned the appointment of Mr. N. Vineeth Chandran (DIN:07560696) as Non-Executive Non-Independent Director. This resolution secured even stronger support with 33,22,435 votes in favour and only 77 votes against, maintaining the same 72.23% participation rate of total paid-up equity capital.

Related Party Transactions Approval

The third resolution addressed material related party transactions with CommScope India Private Limited. In compliance with Section 188 of the Companies Act, 2013 and Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, promoters and promoter group members abstained from voting on this resolution.

The resolution received 7,350 votes in favour against 1,875 votes against from valid votes, achieving 79.67% approval. The total valid votes polled were 9,225, representing 0.20% of the total paid-up equity capital.

Compliance and Documentation

The scrutinizer's report was prepared by V Sreedharan & Associates, with Pradeep B Kulkarni as Partner. The company published advertisements on March 24, 2026, in Business Standard (English newspaper) and Sanjevani (Kannada Newspaper) for the postal ballot notice.

The voting results and scrutinizer's report are available on the company's website at www.adckcl.com and on KFin Technologies Limited website at evoting.kfintech.com. The entire postal ballot process was conducted electronically in accordance with General Circular Nos. 14/2020, 17/2020, 20/2020, and the latest General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs.

Amphenol Corporation's open offer for adc india communications Limited has concluded with substantially lower shareholder participation than originally targeted. The offer, which ran from April 2, 2026 to April 17, 2026, aimed to acquire up to 11,96,000 equity shares but received tenders for only 14 shares.

Open Offer Performance Summary

The stark difference between projected and actual participation highlights the limited interest from public shareholders in the acquisition offer.

Transaction Structure and Pricing

The offer price was established at INR 1,233.59 per equity share of face value INR 10 each. This pricing included a base price of INR 1,179.92 per share plus an enhancement of INR 53.67 per share, computed at 10.00% per annum for the period between August 3, 2025 and January 16, 2026, as per SEBI (SAST) Regulations.

Shareholding Impact

Despite the minimal response, the transaction structure reveals Amphenol Corporation's broader acquisition strategy. The company has indirectly acquired 33,13,037 equity shares constituting 72.02% of voting share capital through its acquisition of 100% equity interests in CST, the indirect holding company of ADC India Communications.

Regulatory Compliance and Management

The open offer was conducted under SEBI (SAST) Regulations, 2011, with Kotak Mahindra Capital Company Limited serving as manager and KFin Technologies Limited as registrar. The post-offer advertisement was published across multiple newspapers including Financial Express, Jansatta, Navshakti, and Prajavani on April 23, 2026.

Payment of consideration to the 14 shareholders who tendered their shares was scheduled for April 22, 2026. The transaction maintains ADC India Communications' public shareholding structure virtually unchanged, with the acquirer's direct holding remaining negligible despite the successful completion of the regulatory process.