The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Amphenol Corporation
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Awaiting price reaction for this filing.
Amphenol Corporation, the promoter of ADC India Communications, has filed a disclosure under SEBI's Takeover Regulations (Reg 29(1)), which is triggered when a shareholder's holding crosses or moves between key percentage thresholds (such as 5% increments). The disclosure refers to both 'sale and purchase' activity by Amphenol in ADC India's shares. However, the document itself does not provide any specific details — no number of shares, transaction value, price, or exact change in shareholding percentage is mentioned in the filing content shared. The letter is signed by an authorised signatory of Amphenol Corporation from the U.S.
Without specific numbers on the volume or change in holding, it is difficult to gauge the market impact. Investors should watch for the detailed disclosure to be made public on the BSE/NSE to understand whether Amphenol is increasing, decreasing, or simply rebalancing its position in ADC India.