Adani Enterprises Limited has successfully completed the early full redemption of Non-Convertible Debentures (NCDs) worth ₹1,950 crore on March 25, 2026. The company made the payment to concerned debenture holders and the debenture trustee as agreed, following the Management Committee's approval granted on March 24, 2026.

NCD Redemption Details

The redemption covers unlisted, secured, unrated, redeemable Non-Convertible Debentures with a face value of ₹1,00,000 each. These NCDs were originally issued and allotted by the company on a private placement basis during 2023.

Management Committee Decision and Execution

The Management Committee of the Board of Directors had approved the early full redemption during their meeting held on March 24, 2026, which commenced at 11:30 a.m. and concluded at 12:15 p.m. The company has now executed this decision by making the due consideration payment on March 25, 2026, as communicated to both BSE Limited and National Stock Exchange of India Limited.

Corporate Communication and Compliance

The formal intimation was signed by Jatin Jalundhwala, Company Secretary & Joint President (Legal), holding membership number FCS-3064. The communication was addressed to both major stock exchanges where the company's shares are listed under scrip codes 512599 (BSE) and ADANIENT (NSE), ensuring compliance with regulatory disclosure requirements under Regulation 30. The company maintains its corporate headquarters at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, Ahmedabad, Gujarat.

Adani Enterprises has successfully completed the acquisition of the remaining stake in IANS India Private Limited through its wholly owned subsidiary AMG Media Networks Limited (AMNL), as disclosed in a regulatory filing to the stock exchanges under Regulation 30 of SEBI Listing Regulations.

Transaction Completion

AMNL completed the acquisition of the balance 24% Category I shares (with voting rights) and 0.74% Category II shares (without voting rights) in IANS India Private Limited. The company received intimation of the completion on March 24, 2026 at 10:04 AM (IST), following the execution of the share purchase agreement initially announced on January 22, 2026.

Regulatory Compliance

The transaction was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was made to both BSE Limited (Scrip Code: 512599) and National Stock Exchange of India Limited (Scrip Code: ADANIENT), with comprehensive details provided as required under Schedule III of SEBI Listing Regulations.

Corporate Structure

Following this acquisition, IANS India Private Limited has become a wholly owned step-down subsidiary of Adani Enterprises. The transaction was executed through AMNL, which is a wholly owned subsidiary of Adani Enterprises, creating a two-tier subsidiary structure. The acquisition is classified as a related party transaction conducted on an arm's length basis.

About IANS India

IANS India Private Limited was incorporated on December 26, 1994, under the Companies Act, 1956 with the Registrar of Companies, NCT of Delhi and Haryana. The company operates in the media industry, engaged in the business of collecting, supplying and disseminating news.

Strategic Rationale

According to the regulatory disclosure, the acquisition is of strategic nature in the interest of AMG Media Networks Limited. This transaction represents Adani Enterprises' continued expansion into the media sector through its subsidiary structure, aligning with the group's diversification strategy across multiple business verticals. No governmental or regulatory approvals were required for completing this acquisition.