Adani Enterprises Subsidiary Acquires Remaining Stake in IANS India Private Limited
Adani Enterprises Limited announced that its wholly owned subsidiary AMG Media Networks Limited executed a Share Purchase Agreement on January 21, 2026, to acquire the remaining 24.00% Category I shares and 0.74% Category II shares in IANS India Private Limited from Mr. Sandeep Bamzai. This acquisition will make IANS a wholly owned step-down subsidiary of Adani Enterprises, completing the strategic acquisition that began with the majority stake purchase in January 2024.

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Adani enterprises has announced the acquisition of the remaining stake in IANS India Private Limited through its wholly owned subsidiary AMG Media Networks Limited. The Share Purchase Agreement was executed on January 21, 2026, marking the completion of the company's strategic acquisition of the media entity.
Transaction Details
AMG Media Networks Limited (AMNL) has entered into a Share Purchase Agreement to acquire the balance stake in IANS India Private Limited from Mr. Sandeep Bamzai, an existing shareholder. The acquisition encompasses the remaining equity holdings that will transform IANS into a wholly owned step-down subsidiary of Adani Enterprises.
| Parameter | Details |
|---|---|
| Agreement Date | January 21, 2026 |
| Acquiring Entity | AMG Media Networks Limited (AMNL) |
| Target Company | IANS India Private Limited |
| Seller | Mr. Sandeep Bamzai |
| Transaction Type | Share Purchase Agreement |
Shareholding Structure
Prior to this transaction, AMNL held a majority stake in IANS across two categories of shares. The current shareholding structure demonstrates the company's existing control over the media entity.
| Share Category | Current Holding | Acquisition |
|---|---|---|
| Category I Shares (Voting Rights) | 76.00% | 24.00% |
| Category II Shares (Non-Voting) | 99.26% | 0.74% |
Strategic Acquisition Background
This acquisition represents the completion of a strategic initiative that began in January 2024, when AMNL first acquired the majority stake in IANS India Private Limited. The company had previously disclosed this initial acquisition to the stock exchanges, establishing its foothold in the media sector through this subsidiary structure.
Regulatory Compliance
The transaction has been structured as a related party transaction, given that AMNL is a wholly owned subsidiary of Adani Enterprises and IANS is currently a subsidiary of AMNL. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Corporate Structure Impact
Upon completion of the proposed transaction, IANS India Private Limited will transition from being a subsidiary to becoming a wholly owned step-down subsidiary of Adani Enterprises. This structural change will provide the parent company with complete control over the media entity's operations and strategic direction. The transaction remains subject to customary closing conditions as outlined in the Share Purchase Agreement.
Historical Stock Returns for Adani Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.67% | -3.11% | -6.82% | -17.84% | -9.74% | +300.83% |














































