Adar Poonawalla buys 50% stake in Karan Johar's Dharma Productions
The New Indian Express|October 22, 2024
BILLIONAIRE Adar Poonawalla-led Serene Productions has entered into a binding agreement to invest ₹1,000 crore in Karan Johar's Dharma Productions and Dharmatic Entertainment (collectively called Dharma), one of India's leading production houses. With the investment, Serene Productions will hold 50% stake in Dharma, with film producer and director Karan Johar retaining the remaining 50% ownership.
@ New Delhi
Adar Poonawalla buys 50% stake in Karan Johar's Dharma Productions

Karan Johar will continue to be the executive chairman and spearhead the company's creative vision. Apoorva Mehta, in his role as the CEO, will work with Karan in steering the strategic direction and overseeing the operational excellence of the organisation.

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