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The deal comes at a time when Bollywood is struggling to overcome its lean patch since the Covid-19 pandemic.

BBC News

United Kingdom

Karan Johar and Adar Poonawalla: Top vaccine maker buys stake in major Bollywood studio

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Government of the United Kingdom

Serene Productions invests ₹1,000 crore in Dharma Productions, forming a strategic partnership to revolutionize content creation and distribution.

The Hindu

The Hindu Group

India

Karan Johar’s Dharma Productions sells 50% stake to Adar Poonawalla for ₹1,000 crore

Business tycoon Adar Poonawalla has acquired a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment (collectively known as Dharma). According to a press note released by Dharma Productions, the deal, finalised for ₹1,000 crore, involves Poonawalla's Serene Entertainment. The remaining 50% ownership will remain with Karan Johar, who will lead the company's creative vision as the Executive Chairman. As the Chief Executive Offi…

NDTV

Independent Media

Gautam Adani

New Delhi

Delhi Division

Delhi

Karan Johar's Dharma Productions Sells 50% Stake To Adar Poonawalla For Rs 1000 Crore

Adar Poonawalla is acquiring a 50% stake in Karan Johar's Dharma Productions for 1000 crore, allowing Johar to maintain creative control.

Hindustan Times

HT Media

Adar Poonawala to acquire 50% of Karan Johar’s Dharma Productions: Report

Pharmaceutical tycoon Adar Poonawalla’s Serene Productions is investing $119 million in Indian media personality Karan Johar’s Dharma Productions and Dharmatic Entertainment. The deal values Dharma at $238 million and gives Serene Productions a 50% stake in the company. Under the new structure, Johar will retain 50% ownership and serve as executive chair, overseeing the creative […]

Variety

Penske Media Corporation

Los Angeles

Los Angeles County

California

United States

Karan Johar’s Dharma Productions Secures Major Investment From Pharmaceutical Tycoon Adar Poonawalla

Karan Johar’s Indian production powerhouse Dharma Productions has major new investment. 
	The Koffee With Karan maker is selling 50% to its shares to Serene Productions, which is led by pharmaceutical tycoon Adar Poonawalla, for 1,000 crore ($120M). The binding agreement values Dharma, which comprises Dharma Productions and Dharmatic Entertainment, at around $240M. 
	Local reports suggest Johar had also met with the likes of Reliance Industries,…

Deadline

Karan Johar’s Dharma Productions Sells 50% Stake To Pharmaceutical Magnate Adar Poonawalla

The deal, valued at Rs 1,000 crore, will see Poonawalla's Serene Production acquire a 50% stake in the renowned production house, with Johar retaining the remaining 50%.

India Today

Living Media

Adar Poonawalla acquires 50% stake in Karan Johar's Dharma Productions

Get latest articles and stories on Latest News at LatestLY.   Vaccine maker Serum Institute of India CEO Adar Poonawalla-led Serene Productions on Monday said it will pick 50 per cent stake in Karan Johar's Dharma Productions and Dharmatic Entertainment for Rs 1,000 crore.
Latest News | Adar Poonawalla-led Serene to Invest Rs 1,000 Cr in Karan Johar'??s Production Company.

Latestly

Adar Poonawalla-led Serene to Invest Rs 1,000 Cr in Karan Johar'??s Production Company

Adar Poonawalla is making headlines as Serene Productions revealed a substantial investment of Rs 1,000 crore to acquire a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment. This strategic move aims to craft compelling content for a global audience. Yes, you heard that right! Adar Poonawalla's Serene Productions has officially announced a binding agreement to invest Rs 1000 crore in Karan Johar’s Dharma Productions and Dh…

PINKVILLA

BIG DEVELOPMENT: Karan Johar’s Dharma Production gets Rs 1000 crore investment from Adar Poonawalla to curate content for global audience

In what is one of the most surprising takeovers in recent history, Karan Johar, is selling 50 percent stakes of his family-founded production house Dharma Productions to entrepreneur Adar Poonawalla of the Serum Institute of India.    Adar Poonawalla  This business deal has caught many showbiz pundits off guard. Karan's Dharma Productions, which was founded back in 1979, by his father Yash Johar, has over the years produced blockbusters like Kuc…

Karan Johar and Adar Poonawalla: Top vaccine maker buys stake in major Bollywood studio

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