Announced Tue, 10 Feb · 13:46 IST

Change in Directorate

Multiple Ind Directors ResignedManagement Changes View source PDF

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AI summary

ADC India Communications' board, at its February 10, 2026 meeting, approved unaudited results for Q3 and nine months ended December 31, 2025. Q3 revenue rose to Rs 4,796.40 lakhs (up ~14% YoY) with net profit at Rs 613.15 lakhs (up ~5% YoY), but the nine-month picture was weaker — revenue dipped slightly to Rs 13,882.30 lakhs and net profit fell ~28% YoY to Rs 1,541.54 lakhs. Two non-executive non-independent directors, Rakesh Kishore Bhanushali and Jonathan Niall Murphy, resigned effective the close of the board meeting. In their place, the board appointed Ms. Lin Xia Smyth (Associate General Counsel, Amphenol Corporation) and Mr. Vineeth Chandran (Company Secretary at Amphenol subsidiary FCI GBS India) as additional non-executive non-independent directors, subject to shareholder approval. Both new appointees are affiliated with Amphenol Corporation, ADC India's parent group.

Likely market impact

The board reshuffle reflects parent company Amphenol deepening its representation on ADC India's board, which is routine for subsidiaries. The weaker nine-month profit print (-28% YoY) despite Q3 recovery is the more material data point for investors and may temper sentiment, though the EPS of Rs 33.51 for nine months indicates the business remains profitable.