Postal Ballot Notice dated March 14, 2026
Price
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On the reaction day the stock moved 3.1 pts more than Nifty Microcap 250 and 3.7 pts more than its Telecommunication peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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ADC India Communications has sent a Postal Ballot notice to shareholders seeking approval for three items. The first two are appointments of Ms. Lin Xia Smyth (Associate General Counsel at Amphenol Corporation) and Mr. N. Vineeth Chandran (Company Secretary at FCI GBS India, an Amphenol subsidiary) as Non-Executive Non-Independent Directors, both effective from February 10, 2026. The third item seeks approval for material related party transactions with CommScope India Private Limited (a fellow subsidiary under the promoter group) capped at Rs. 12,000 lakhs for FY 2026-27, which represents about 64% of the company's annual consolidated turnover. In FY 2024-25, transactions with CommScope India were Rs. 7,584.94 lakhs, and Rs. 6,249.78 lakhs have already been done in the first nine months of the current financial year. E-voting runs from March 25, 2026 to April 23, 2026.
The director appointments strengthen representation from the Amphenol group on the board, while the larger RPT limit signals continued heavy business dependence on CommScope, a promoter group entity — shareholders should note that related parties cannot vote on the RPT resolution.