ADC India Communications Ltd
NSE: KRONECOMM BSE: 523411
₹2332
(1.73%)
Thu, 15 Oct 2026, 11:08 pm
Market Cap (in Cr)1095.37
PE Ratio47.60
Dividend1.05
Electronic Technology
Telecommunications Equipment
24.5KCompany History
1988
- The company was incorporated on 28th July, as Krone Communications, Pvt. Ltd.
- The Company was promoted jointly by Krone AG Germany, Karnataka State Electronics Development Corporation, Ltd. and M.L. Thukral and his associates.
- The main objective of the Company was to manufacture telephone connectors and allied products.
- The Company entered into a technical and financial arrangement with Krone AG.
- The Units' manufacturing facilities were set up in a rented factory at Peenya, Bangalore.
1989
- The Company was converted into a Public Ltd. Company on 4th August.
1990
- 9 No. of Equity shares were subscribed for by signatories to the Memorandum of Association.
- 39,99,221 shares of Rs.10 each were issued at par.
- 16,00,000 shares were allotted to Krones AG, 4,40,000 shares to KEONICS and 4,39,991 shares to ML Thukral and his associates.
2000
- Krone Communications Ltd. announced a strategic tie-up with ITI for marketing its cabling and connection systems.
- The Company set up a new Rs 5 crore manufacturing unit in Bangalore.
2004
- Krone launched Copperten 10Gb cable technology.
2007
- ADC KRONE won a $3.4M structured cabling contract from TCS.
- ADC KRONE launched TrueNet Physical Layer Management Solutions.
- The Company recommended payment of dividend at 30%.
2008
- ADC KRONE launched the PACE program for Architects, Consultants and Engineers in India.
- ADC KRONE launched the Next Generation Fibre Network Portfolio in India.
2009
- ADC KRONE drove a Next-Gen Fibre Network Proof-of-Concept Van to customer doorstep.
- The Company recommended payment of Dividend at 15%.
2010
- The Company changed its name from Krone Communications Ltd. to ADC India Communications Ltd.
- ADC India Hosted Channel Partner Seminars in Pune, Ahmedabad and Nagpur.
- ADC Fiber-Optic Connectivity Portfolio was aligned with the new 802.3ba Standard.
2011
- The Company recommended payment of dividend at 15%.
- Mr. Sanjay Handu was appointed as the Managing Director of the Company.
- Mrs. Revathy Ashok was inducted as an Additional Director on the Board of the Company.
2012
- The Company recommended payment of Dividend at 5%.
2013
- ADC India Communications Ltd. recommended a dividend of Rs. 1.50 per Share.
- The Registered Office of the Company was shifted to No. 485/8A&8B, 14th Cross, 4th phase, Peenya Industrial Area, Bangalore.
2014
- ADC India Communications Ltd. recommended a dividend of Rs. 2.50 per Share.
