
Acquisitions7 Aug 2025, 08:21 am
Amphenol Corporation to Acquire 26.00% Stake in ADC India Communications Ltd for INR 1,179.92 per Share
AI Summary
Amphenol Corporation is making an Open Offer to acquire up to 11,96,000 fully paid-up equity shares of ADC India Communications Ltd, representing 26.00% of the Voting Share Capital, at a price of INR 1,179.92 per share. This offer is being made in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011, as amended, pursuant to indirect acquisition of control over the company. The offer size is INR 141,11,84,320, subject to the receipt of all applicable statutory approval(s) and the terms and conditions mentioned in the Public Announcement, Detailed Public Statement, and Letter of Offer.
Key Highlights
- Amphenol Corporation to acquire up to 26.00% stake in ADC India Communications Ltd
- Offer price set at INR 1,179.92 per share
- Offer size of INR 141,11,84,320
- Indirect acquisition of control over ADC India Communications Ltd
- Subject to receipt of all applicable statutory approval(s)