Business tycoon Adar Poonawalla has bought a 50% stake in Karan Johar’s Dharma Productions and Dharmatic Entertainment for ₹1,000 crore. The deal involves Poonawalla’s company, Serene Entertainment. Karan Johar will keep his position as Executive Chairman and continue leading the creative direction of the company. CEO Apoorva Mehta will work with Johar to manage the company’s operations.
Adar Poonawalla Dharma Productions
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Adar Poonawalla Dharma Productions shared his excitement about the partnership, saying, “I’m thrilled to team up with Karan Johar and Dharma Productions.”
Karan Johar said, “This partnership will help take Dharma Productions to new heights, blending our storytelling with smart business strategies.”
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Adar Poonawalla Dharma Productions , known for leading the Serum Institute of India, has invested in Dharma Productions, a famous film company started in 1976 by Karan Johar’s father, Yash Johar.
Dharma Productions has made some of Bollywood’s biggest hits, like Kuch Kuch Hota Hai and Brahmastra.With Adar Poonawalla now owning 50% of the company, Dharma is planning to grow in new ways. They want to make bigger films, explore different types of movies, and expand their reach on streaming platforms like Netflix and Amazon.
They also want to create content for international audiences, making sure their stories can be enjoyed by people all over the world.This partnership between Adar Poonawalla and Dharma Productions combines creative filmmaking with strong business strategies, helping Dharma grow and succeed on a global scale.
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