Amphenol Corporation has announced a mandatory open offer to acquire up to 1,196,000 fully paid‑up equity shares of ADC India Communications Limited, representing 26.00 % of the target’s voting share capital. The offer price is INR 1,233.59 per share, or roughly US$13.68, and the total consideration would be INR 1,475,373,640 (about US$16.36 million) if the offer is fully accepted.
The open offer is required under the Securities and Exchange Board of India’s Substantial Acquisition of Shares and Takeovers Regulations, which mandate a public offer when an acquirer gains control or a substantial stake in a listed company. Shareholders of ADC India will have the opportunity to tender their shares between March 5 and March 18 2026. ADC India’s total share capital is INR 4.60 crore, so the offer covers a significant portion of the company’s equity base.
Strategically, the offer consolidates Amphenol’s indirect majority ownership of ADC India, which became an indirect subsidiary after Amphenol closed its $10.5 billion acquisition of CommScope’s Connectivity and Cable Solutions (CCS) business on January 9 2026. By completing the open offer, Amphenol can fully integrate ADC India’s copper and fiber connectivity solutions—critical for telecommunications and data‑center networks—into its global portfolio and accelerate synergies in the high‑growth AI and data‑center markets.
Financially, the open offer represents a modest outlay relative to Amphenol’s market capitalization of over US$179 billion. The acquisition of CCS is expected to add roughly US$4.1 billion in annual sales and to be accretive to Amphenol’s diluted earnings per share by about US$0.15 in 2026. The open offer’s consideration of US$16.36 million is therefore a small, regulatory‑compliance step rather than a major capital‑expenditure event.
ADC India Communications provides copper and fiber physical connectivity for telecom and data‑networking customers, positioning it as a key supplier in the infrastructure that supports cloud, AI, and edge computing workloads. The open offer allows Amphenol to bring these capabilities fully under its control, enhancing its ability to offer end‑to‑end interconnect solutions and to capture additional market share in the rapidly expanding data‑center and AI ecosystems.
Amphenol’s President and CEO, R. Adam Norwitt, said the company is excited to deepen its fiber‑optic interconnect capabilities and to fully integrate ADC India’s operations. The open offer underscores Amphenol’s commitment to expanding its footprint in high‑growth technology markets and to delivering long‑term value to shareholders through strategic acquisitions and operational integration.
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