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Saregama in Talks to Acquire Majority Stake in Dharma Productions

CosmicTaco · 2024-10-07T08:29:44.398950+05:30

- Saregama India Ltd is reportedly negotiating to acquire a majority stake in Karan Johar’s Dharma Productions. - The deal is not yet finalized and may not proceed. - Dharma Productions has been actively seeking investments, while Saregama aims to bolster its content and movie catalogue. - Saregama's acquisition could leverage Dharma’s industry relationships and project capabilities. - Dharma's FY23 revenue stood at ₹1,044.16 crore, with a profit of ₹10.69 crore, while Saregama had a revenue of ₹7,90.3 crore, with a net profit of ₹1,85.1 crore. Source: [Mint](https://www.livemint.com/industry/media/saregama-in-talks-to-acquire-majority-stake-in-karan-johar-s-dharma-productions-rp-sanjiv-goenka-11728197684333.html)

Saregama India Ltd is reportedly negotiating to acquire a majority stake in Karan Johar’s Dharma Productions.
The deal is not yet finalized and may not proceed.
Dharma Productions has been actively seeking investments, while Saregama aims to bolster its content and movie catalogue.
Saregama's acquisition could leverage Dharma’s industry relationships and project capabilities.
Dharma's FY23 revenue stood at ₹1,044.16 crore, with a profit of ₹10.69 crore, while Saregama had a revenue of ₹7,90.3 crore, with a net profit of ₹1,85.1 crore.

Source: Mint