<p>Serene Productions has entered into a binding agreement to invest Rs 1,000 crore in production house Dharma Productions and Dharmatic Entertainment (Dharma), the company said in a statement. Subsequently, Serene Productions will hold a 50 per cent stake in Dharma, with Johar retaining the remaining 50 per cent ownership, it added.</p><p>"Poonawalla's investment values Dharma at Rs 2,000 crore," the statement said.</p>

Serene to pick 50% stake in Dharma productions

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