Amphenol Corporation (NYSE: APH) announced details of its mandatory open offer to acquire up to 1,196,000 equity shares of ADC India Communications Limited, representing 26% of the Indian company's voting share capital.

The tendering period will run from April 2, 2026, to April 17, 2026. Amphenol will offer 1,233.59 rupees per share, which equals approximately $13.03 based on the exchange rate as of March 30, 2026. If fully subscribed, the total consideration would reach 1.48 billion rupees or about $15.59 million.

The open offer stems from Amphenol's completed acquisition of the Connectivity and Cable Solutions business from Vistance Networks, Inc., formerly CommScope Holding Company, Inc. Following this transaction, ADC India became an indirect majority-owned subsidiary of Amphenol.

The offer complies with India's Securities and Exchange Board regulations for substantial acquisitions of shares and takeovers. The company executed a purchase agreement on August 3, 2025, triggering the mandatory open offer requirements under Indian securities law.

The offer does not require a minimum acceptance level. Amphenol published its initial announcement on August 6, 2025, followed by a detailed public statement on January 15, 2026, and an opening advertisement on April 1, 2026.

ADC India operates in the communications sector. The company's shares have a face value of 10 rupees each.

Amphenol designs and manufactures electrical, electronic and fiber optic connectors and interconnect systems across approximately 40 countries. The company serves sectors including automotive, aerospace, communications networks, defense and industrial markets.