Adani Enterprises has completed the acquisition of the remaining stake in IANS India Private Limited, making the news agency a wholly owned step-down subsidiary within its media business. The transaction was executed through AMG Media Networks Limited (AMNL), a wholly owned subsidiary of Adani Enterprises, which purchased the balance 24% Category I shares with voting rights and 0.74% Category II shares without voting rights.
Valued at ₹4.70 crore and settled in cash, the deal represents the final stage of an acquisition process first announced on 22 January 2026. The company confirmed completion of the transaction on 24 March 2026, according to a regulatory filing submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
With this development, IANS now operates under a two-tier subsidiary structure, fully integrated into Adani Enterprises’ media portfolio through AMNL. The acquisition has been categorized as a related party transaction but was carried out on an arm’s length basis, the company noted in its disclosure to both BSE Limited and the National Stock Exchange of India Limited.
Founded on December 26, 1994, IANS India Private Limited is a news agency engaged in collecting, producing, and distributing news content. Despite its long-standing presence in the media industry, the company has reported declining financial performance in recent years. Its turnover stood at ₹8.81 crore in FY25, down from ₹11.86 crore in FY23.
The acquisition underscores Adani Group’s continued expansion in the media sector, consolidating its control over IANS as part of its broader strategy to strengthen its presence in content and news distribution.
Adani has also bought television and digital news broadcaster NDTV and Quintlillion Business Media.
