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Adani Enterprises’ arm completes acquisition of balance stake in IANS India

24 Mar 2026 Evaluate

Adani Enterprises’ wholly owned subsidiary -- AMG Media Networks (AMNL) has 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 (IANS), in accordance with the terms of the share purchase agreement (SPA). Consequently, IANS has become a wholly owned step-down subsidiary of the company. The cost of acquisition is Rs 4.70 crore. 

Adani Enterprises, the flagship company of the Adani Group, is one of India’s largest business organisations. The company has enhanced value for stakeholders by building prominent infrastructure assets and widening its presence across a range of sectors directed towards responsible nation-building.

Adani Enterprises Share Price

2225.25 -2.75 (-0.12%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 227.35
Adani Enterprises 2225.25
Amrapali Industries 17.27
Rashi Peripheral 474.40
PDS 291.45
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