Corporate News     17-Jan-24
AMG Media Networks hikes stake in IANS India
AMG Media Networks (AMNL), a wholly owned subsidiary of Adani Enterprises has increased its stake in IANS India (IANS), by subscribing to fresh shares issued by IANS for a consideration of Rs 5 crore .

AMNL has acquired additional 25.50% equity shares taking the total stake under Category 1 shares with voting rights to 76%. AMNL has also acquired additional 48.76% equity shares taking the total stake under this category to 99.26%.

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