Networking
Amphenol Corporation, a U.S.-based global manufacturer of electronic and fiber-optic connectivity solutions, has launched an open offer to acquire up to a 26% stake in ADC India Communications Limited, an Indian provider of telecom and network infrastructure products.
The move follows Amphenol’s acquisition of the Connectivity and Cable Solutions (CCS) business from Vistance Networks, as a result of which ADC India has become an indirect majority-owned subsidiary of the company.
Under the offer, Amphenol plans to acquire up to 1.196 million equity shares from public shareholders at ₹1,233.59 per share. If fully accepted, the transaction would amount to a total consideration of approximately ₹147.5 crore (around $15.6 million).
The tendering period for the open offer is scheduled from April 2 to April 17, 2026. The offer is being conducted in compliance with regulations set by the Securities and Exchange Board of India (SEBI), which require such offers when control of a listed company changes hands.
The open offer has been triggered due to Amphenol’s indirect acquisition of voting rights and control in ADC India through its earlier agreement with the seller signed in August 2025. The offer is not conditional on a minimum level of acceptance.
Amphenol has advised shareholders to review detailed offer documents available on its website and SEBI’s platform before making a decision.
The development underscores Amphenol’s strategy to deepen its presence in India’s connectivity and telecom infrastructure market through expanded ownership and integration of acquired assets.
The move follows Amphenol’s acquisition of the Connectivity and Cable Solutions (CCS) business from Vistance Networks, as a result of which ADC India has become an indirect majority-owned subsidiary of the company.
Under the offer, Amphenol plans to acquire up to 1.196 million equity shares from public shareholders at ₹1,233.59 per share. If fully accepted, the transaction would amount to a total consideration of approximately ₹147.5 crore (around $15.6 million).
The tendering period for the open offer is scheduled from April 2 to April 17, 2026. The offer is being conducted in compliance with regulations set by the Securities and Exchange Board of India (SEBI), which require such offers when control of a listed company changes hands.
The open offer has been triggered due to Amphenol’s indirect acquisition of voting rights and control in ADC India through its earlier agreement with the seller signed in August 2025. The offer is not conditional on a minimum level of acceptance.
Amphenol has advised shareholders to review detailed offer documents available on its website and SEBI’s platform before making a decision.
The development underscores Amphenol’s strategy to deepen its presence in India’s connectivity and telecom infrastructure market through expanded ownership and integration of acquired assets.
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