Billionaire Gautam Adani’s group has completed the full takeover of news agency IANS after acquiring the remaining 24 percent stake, according to a stock exchange filing on Friday. The deal was executed through AMG Media Networks Limited, the media arm of Adani Enterprises, though the financial details were not disclosed.
With this acquisition, IANS India Private Limited has become a wholly owned step down subsidiary of Adani Enterprises. In a regulatory filing, the company said, “AMNL has executed a Share Purchase Agreement on January 21, 2026, to acquire the balance stake in IANS. Upon completion of the transaction, IANS shall become a wholly owned step down subsidiary of the company.”
The Adani Group had first entered IANS in December 2023 by acquiring a majority stake of 50.5 percent. In January 2024, AMG Media Networks increased its holding to 76 percent of voting shares and nearly all non voting shares.
The latest deal completes the takeover with the purchase of the remaining shares.Before the final acquisition, AMG Media Networks held 76 percent of Category I shares with voting rights and over 99 percent of Category II shares without voting rights. The company said the latest purchase includes the remaining 24 percent Category I shares and 0.74 percent Category II shares.
IANS is one of India’s well known multi language news agencies, supplying content to print, digital, and broadcast platforms across the country. The takeover strengthens Adani’s growing presence in the media and content sector.
The Adani Group entered the media space in 2022 as part of its diversification strategy. It set up AMG Media Networks as its main vehicle for media investments and later acquired stakes in BQ Prime, NDTV, and IANS.
Industry observers say the full acquisition of IANS gives the Adani Group a stronger position across the news supply chain, from news gathering to broadcasting and digital publishing, expanding its influence in India’s media landscape.
