Adani Enterprises has informed stock exchanges that its wholly owned subsidiary, AMG Media Networks, has entered into a share purchase agreement to acquire the remaining equity stake in IANS India, completing the process of taking full control of the news agency.
AMG Media Networks currently holds 76% of the voting Category I shares and 99.26% of the non-voting Category II shares in IANS. Under the terms of the agreement, the company will acquire the remaining 24% of Category I shares and 0.74% of Category II shares, resulting in 100% ownership of IANS.
Following the completion of the transaction, IANS will become a wholly owned step-down subsidiary of Adani Enterprises. The acquisition marks the final stage of a consolidation process that began earlier when AMG Media Networks acquired a majority stake in the news agency.
IANS operates as a multi-language news agency, providing content to newspapers, digital platforms and broadcasters across the country. The move to full ownership is expected to give AMG Media Networks complete operational, managerial and strategic control over the organisation, including its business direction and expansion plans.
The share purchase agreement was executed on January 21, 2026. The transaction remains subject to customary closing conditions and necessary approvals, as outlined in the regulatory disclosure made by Adani Enterprises.
