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Adar Poonawalla Acquires 50% Stake in Dharma Productions

  • Adar Poonawalla's Serene Entertainment acquires a 50% stake in Karan Johar's Dharma Productions for Rs 1,000 crore.
  • Karan Johar retains the remaining 50% ownership and continues as Executive Chairman.
  • Apoorva Mehta remains as CEO, steering strategic direction and operational excellence.
  • The partnership aims to elevate Dharma's legacy and explore new avenues in content creation and distribution.
  • Dharma Productions has been a prominent player in the Indian film industry for over 40 years.

Source: Asianet Newsable, The Times Of India, The Economic Times, Abp News, In Mashable, The Times Of India, Mint, Times Now News, Business News India, Hindustan Times, Hindustan Times

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