ADC India Communications Limited announced its unaudited financial results for the quarter ended December 31, 2025, alongside significant changes to its Board of Directors. The telecommunications and IT networking company reported steady operational performance while strengthening its leadership structure with new appointments. The company has also provided clarification regarding the reasons behind recent director resignations.

Financial Performance for Q3FY26

The company delivered solid financial results for the quarter ended December 31, 2025. Total revenue from operations reached ₹4,796.40 lakhs, comprising ₹4,787.25 lakhs from sale of products and ₹9.15 lakhs from other operating income. Net profit after tax stood at ₹613.15 lakhs for the quarter.

For the nine months ended December 31, 2025, the company reported total revenue from operations of ₹13,882.30 lakhs and net profit after tax of ₹1,541.54 lakhs, with earnings per share of ₹33.51.

Segment-wise Performance

The company operates through two primary business segments - Telecommunication and IT-Networking. The IT-Networking segment contributed significantly higher revenue of ₹4,368.77 lakhs in Q3FY26 compared to the Telecommunication segment's ₹427.63 lakhs.

Board Composition Changes and Clarifications

The Board of Directors approved significant changes to its composition during the meeting held on February 10, 2026. Two new directors were appointed while two existing directors resigned from their positions. The company has since provided clarification regarding the reasons for these resignations through a corrigendum dated February 12, 2026.

New Appointments

Ms. Lin Xia Smyth (DIN: 11525342) was appointed as Additional Non-Executive Non-Independent Director with effect from February 10, 2026, subject to shareholder approval. Ms. Smyth serves as Associate General Counsel at Amphenol Corporation and brings over 20 years of experience in the Asia Pacific region. She holds a Juris Doctor degree from Georgetown University Law Center and is admitted to the New York State Bar and licensed by the Law Society of Ontario.

Mr. Vineeth Chandran (DIN: 07560696) was also appointed as Additional Non-Executive Non-Independent Director effective February 10, 2026, subject to shareholder approval. Mr. Chandran is a Company Secretary with over 13 years of professional experience and currently serves as Company Secretary at FCI GBS India Private Limited, a wholly owned subsidiary of Amphenol Corporation. He holds a bachelor's degree in commerce and is an Associate Member of the Institute of Company Secretaries of India.

Director Resignations and Acquisition Context

Mr. Rakesh Kishore Bhanushali (DIN: 07220290) and Mr. Jonathan Niall Murphy (DIN: 10057273) resigned as Non-Executive Non-Independent Directors with effect from the conclusion of the Board Meeting held on February 10, 2026. The company clarified that these resignations were necessitated by Amphenol Corporation's acquisition of the CCS business from Vinstance Networks, Inc. (formerly known as CommScope Holding Company, Inc.) on January 9, 2026.

The acquisition involved the purchase of 100% equity interests of CommScope Technologies LLC, a promoter group entity of ADC India Communications Limited. As a consequence of this acquisition and the complete exit of the seller, both directors were required to step down from the Board of Directors.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by S R B C & CO LLP, Chartered Accountants, and approved by the company's Audit Committee and Board of Directors. The Board Meeting commenced at 12.40 p.m. and concluded at 1.30 p.m.

ADC India Communications Limited has announced the complete release of pledged shares by its promoters, marking a significant development in the company's shareholding structure. CommScope Connectivity LLC and CommScope Technologies LLC have released their entire encumbered shareholdings, totaling 21,53,474 shares representing 46.80% of the total share capital.

Details of Share Pledge Release

The pledge release transaction was completed on January 9, 2026, involving substantial shareholdings from both promoter entities. The released shares were previously held as collateral security for amounts borrowed by the CommScope group against various credit facilities.

Current Shareholding Position

Following the pledge release, the promoters' current shareholding structure shows significant changes in their encumbered positions:

Background and Purpose

The pledged shares served as collateral security for amounts borrowed by the CommScope group under multiple financing arrangements, including term loan credit agreements, revolving credit agreements, and secured indentures. With the release of these pledges, the promoters have eliminated all encumbered shareholdings in ADC India Communications Limited.

Regulatory Compliance

This disclosure was filed under Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters to inform stock exchanges about encumbrance creation, release, or invocation. The company's shares are listed on BSE Limited.

Revised Declaration

The current filing represents a revised declaration dated January 20, 2026, correcting a typographical error in the original January 19, 2026 reporting regarding the number of shares held by CommScope Technologies LLC. Both promoter entities have authorized signatories based in Claremont, NC USA, confirming the accuracy of the revised disclosure.

The complete release of pledged shares indicates the resolution of the underlying credit obligations that necessitated the original pledge arrangements, providing greater flexibility in the promoters' shareholding management.