Amphenol Corporation Announces Open Offer for ADC India Communications Limited

Amphenol Corporation (NYSE: APH) has officially announced the details of its open offer to acquire a significant stake in ADC India Communications Limited (the "Target Company"). This initiative follows Amphenol's recent acquisition of the Connectivity and Cable Solutions business from Vistance Networks, Inc., marking a notable expansion in its operations in India. The open offer aims to acquire up to 1,196,000 fully paid-up equity shares of face value of INR 10, which represents 26.00% of ADC India’s voting share capital.

The announcement reinforces Amphenol’s strategic commitment to enhancing its market position in the telecommunications sector, particularly in the Indian market, where growth potential is robust.

The open offer is structured in compliance with the Securities and Exchange Board of India (SEBI) regulations and will commence on April 2, 2026, with a closure date set for April 17, 2026. The pricing for the shares is set at INR 1,233.59 per share, equivalent to approximately US$13.03. If fully accepted, the total cash consideration for the acquisition will amount to INR 1,475,373,640.00, or roughly US$15.59 million. Importantly, the open offer does not require any minimum level of acceptance, allowing shareholders greater flexibility in their participation.

This open offer is mandated under Regulations 3(1), 4, and 5(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. It is a direct consequence of Amphenol’s indirect acquisition of voting rights and control over ADC India, solidifying its position as an indirect majority-owned subsidiary. This acquisition is rooted in the Purchase Agreement executed on August 3, 2025, between Amphenol and Vistance Networks.

Public shareholders are encouraged to review all relevant documentation regarding the open offer, which includes a Detailed Public Statement issued on January 15, 2026, and an Open Offer Opening Advertisement released on April 1, 2026. These documents contain crucial information about the offer and the implications for shareholders.

Amphenol Corporation stands as one of the world’s foremost designers and manufacturers of electrical and electronic connectors, interconnect systems, antennas, and cables. With operations spanning approximately 40 countries, the company serves high-growth sectors such as automotive, aerospace, defense, and telecommunications. The acquisition of ADC India is a strategic move that aligns with Amphenol's vision to maintain leadership in the evolving interconnect market.

Amphenol’s open offer for ADC India Communications Limited represents a significant strategic step in enhancing its presence in the Indian telecommunications sector. With a robust offer structure and compliance with regulatory frameworks, Amphenol is poised to strengthen its operational capabilities in one of the world's largest markets for connectivity solutions. As the tendering period approaches, shareholders will be weighing their options, looking to capitalize on this opportunity in a rapidly growing industry.