Adani Media Networks Limited (AMNL), a subsidiary of Adani Enterprises, will acquire the remaining stake in IANS India Private Limited (“IANS”). A share purchase agreement was executed on January 21, 2026, and upon completion, IANS will become a wholly-owned step-down subsidiary of Adani Enterprises. AMNL previously held 76% of Category I shares and 99.26% of Category II shares in IANS.
Acquisition of IANS India Private Limited
Adani Media Networks Limited (“AMNL”) has executed a Share Purchase Agreement (“SPA”) on January 21, 2026, to acquire the balance stake in IANS India Private Limited (“IANS”). Following the completion of the transaction, IANS will transition into a wholly-owned step-down subsidiary of the company. This acquisition builds upon a previous announcement made on January 17, 2024, where AMNL informed about acquiring a majority stake in IANS.
Shareholding Details
Prior to this acquisition, AMNL held a substantial portion of IANS shares, specifically 76% of Category I shares and 99.26% of Category II shares. Post acquisition, AMNL acquired the remaining 24% Category I shares (with voting rights) and 0.74% Category II shares (without voting rights).
Transaction Terms and Completion
The transaction is subject to customary conditions. The information regarding the acquisition was received by the Company on January 21, 2026, at 10:28 PM. Upon completion of this acquisition, IANS will become a wholly owned subsidiary of AMNL.
Source: BSE
