ADC India Communications is subject to a mandatory open offer by Amphenol Corporation following the completion of an underlying transaction involving CommScope's connectivity and cable solutions business. The offer provides public shareholders an opportunity to exit at a premium price determined through regulatory compliance procedures.

Open Offer Details

Amphenol Corporation is making a mandatory open offer to acquire equity shares from public shareholders of ADC India Communications Limited under SEBI SAST Regulations. The offer follows Amphenol's acquisition of CommScope's connectivity and cable solutions business completed on January 9, 2026.

Committee Recommendation and Valuation

The Committee of Independent Directors unanimously approved the recommendation on March 23, 2026, stating the offer price is fair and reasonable. The committee engaged Grant Thornton Bharat LLP as external professional advisers for valuation analysis.

Grant Thornton confirmed in their report dated March 20, 2026, that the offer price of ₹1,233.59 per share is in accordance with Regulation 8(3) of the Takeover Code and appears reasonable based on multiple valuation methods.

Corporate Structure Changes

Following the underlying transaction, significant changes occurred in ADC India's board composition. At the February 10, 2026 board meeting, two new directors were appointed as nominees of Amphenol Corporation, while two existing directors resigned.

New Appointments:

• Ms. Lin Xia Smyth (DIN: 11525342) - Additional Non-Executive Non-Independent Director
• Mr. Vineeth Chandran (DIN: 07560696) - Additional Non-Executive Non-Independent Director

Resignations (effective February 10, 2026):

• Mr. Rakesh Kishore Bhanushali (DIN: 07220290)
• Mr. Jonathan Niall Murphy (DIN: 10057273)

Tendering Process and Procedures

Public shareholders can participate in the open offer through the stock exchange mechanism via an Acquisition Window. The process differs based on whether shares are held in dematerialized or physical form.

For Dematerialized Shares:

• Approach respective selling broker with tendering details
• Submit before market hours close on April 17, 2026
• Receive Transaction Registration Slip (TRS) from broker

For Physical Shares:

• Submit original share certificates with duly filled transfer forms
• Provide self-attested PAN card copy and completed Form of Acceptance
• Ensure documents reach Registrar by 5:00 PM on April 17, 2026

Financial and Regulatory Updates

The Letter of Offer incorporates SEBI's final comments received on March 12, 2026, and reflects updated financial information. Amphenol Corporation's shareholding structure shows dispersed ownership with key institutional investors including The Vanguard Group (10.3%), BlackRock Inc. (8.7%), and FMR LLC (7.0%) as of December 31, 2025.

The offer price comprises ₹1,179.92 as the base amount plus an enhancement of ₹53.67 per share. No competing offers were received by the February 6, 2026 deadline, and the offer is not conditional upon minimum acceptance levels under SEBI regulations.

ADC India Communications Limited has formally announced the scheduling of its Board of Directors meeting for May 21, 2026, to consider and approve the company's audited financial results for the fourth quarter and full year ending March 31, 2026. The announcement was communicated to BSE Limited through an official letter dated March 30, 2026, bearing reference number ADC/2025-26/FR.

Board Meeting Details and Regulatory Compliance

The board meeting notification has been issued in strict adherence to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will focus on considering and approving the audited financial results for both Q4FY26 and the complete financial year FY26.

Trading Window Restrictions

In compliance with insider trading prevention measures, ADC India Communications has implemented a trading window closure for designated persons and their immediate relatives. This restriction is mandated under the SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's internal Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons.

Corporate Communication and Authorization

The formal communication to BSE Limited was digitally signed by R. Ganesh, Company Secretary, on March 30, 2026, at 10:27:39 +05'30', ensuring proper authorization and documentation of the regulatory announcement. The letter was addressed to the Department of Corporate Services at BSE Limited's Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai.

Company Information

ADC India Communications Limited operates from its registered office and factory located at No.10C, 2nd Phase, 1st Main, P.B.No. 5812, Peenya Industrial Area, Bangalore – 560 058. The company maintains its corporate identification number as L32209KA1988PLC009313, reflecting its incorporation status and operational jurisdiction. The company can be contacted via telephone at +91 80 2839 6102 / 2839 6291 or through email at support@adckcl.com .

The scheduled board meeting represents a crucial corporate governance milestone for ADC India Communications, as it will provide stakeholders with comprehensive insights into the company's financial performance for the concluded financial year. The audited results will offer detailed analysis of the company's operational efficiency, revenue generation, and overall financial health for the period ending March 31, 2026.