Adani Group has completed the full acquisition of Indo-Asian News Service (IANS), securing the remaining stake through its media arm, AMG Media Networks Limited (AMNL).
According to a regulatory filing by Adani Enterprises Limited, the transaction follows a share purchase agreement signed on January 22, 2026. As part of the deal, AMNL acquired 24% of IANS’s voting shares along with 0.74% of its non-voting shares, taking its ownership to 100%.
With the acquisition now complete, IANS will operate as a wholly owned subsidiary of AMG Media Networks and, indirectly, under Adani Enterprises, the flagship entity of the Adani Group.
The deal, valued at approximately ₹47 million, was executed as a cash transaction. The company stated that the purchase was conducted on an arm’s length basis, in line with standard commercial practices.