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Adani Enterprises takes full control of IANS with final stake buy
Rs 4.7 crore deal completes acquisition, making news agency wholly owned unit
MUMBAI: Adani Enterprises has tightened its grip on the media space, completing the acquisition of the remaining stake in IANS India Private Limited and turning the news agency into a wholly owned step-down subsidiary.
The final leg of the deal was executed through AMG Media Networks Limited, which picked up the balance 24 per cent Category I shares with voting rights and 0.74 per cent Category II shares without voting rights. The all-cash transaction, valued at Rs 4.70 crore, brings to a close a process first set in motion in January this year.
A regulatory filing under SEBI confirmed that the acquisition was completed on 24 March 2026. The company also disclosed the development to BSE Limited and National Stock Exchange of India Limited, in line with listing requirements.
With the transaction now wrapped up, IANS sits fully within Adani’s media fold under a two-tier structure led by AMNL. While classified as a related party transaction, the company noted it was carried out on an arm’s length basis.
Founded in 1994, IANS has long been in the business of gathering and distributing news content. However, its financials tell a softer story, with turnover slipping over recent years to Rs 8.81 crore in FY25 from Rs 11.86 crore in FY23.
For Adani Enterprises, the move signals more than a tidy consolidation. It sharpens its media ambitions, placing IANS firmly within its growing content and distribution play.
