Karan Johar makes Adar Poonawalla Dharma Productions’ co-owner, sells 50% stake for ₹1000 crore

Adar Poonawalla surpasses Reliance and Saregama by purchasing a 50% share in Karan Johar’s Dharma Productions for a whopping ₹1000 crore.

Adar Poonawalla has emerged victorious over Reliance and Saregama in the competition to secure a significant share in Karan Johar’s Dharma Productions. Serene Entertainment, owned by Poonawalla, has officially acquired a 50% stake in Dharma for a whopping ₹1000 crore. Meanwhile, Karan Johar will continue to possess the remaining 50% ownership.

Develop and expand

Adar Poonawalla expressed his excitement about the collaboration, stating, “I am thrilled to join forces with one of our country’s most renowned production studios, alongside my associate Karan Johar. Our ambition is to nurture and expand Dharma, aiming for unprecedented success in the future.

Expressing his thoughts on the collaboration, Karan Johar, the Executive Chairman of Dharma, emphasized the longstanding association of Dharma Productions with poignant narratives reflecting the core of Indian traditions. Johar reminisced about his father’s aspiration to craft movies that resonate enduringly, a vision he wholeheartedly embraced. By teaming up with Adar, whom he regards as a dear friend and a remarkable trailblazer, Johar envisions propelling Dharma’s heritage to unprecedented levels. This alliance symbolizes the fusion of their adeptness in emotional storytelling with progressive entrepreneurial approaches.

Dedicated to honoring our origins while embracing the future of worldwide entertainment, Dharma’s incredible evolution paves the way for endless opportunities in crafting content that transcends geographical and generational boundaries.

Diving into the realm of Dharma Productions

Established by Yash Johar in 1976 and currently under the leadership of Karan Johar, Dharma Productions stands out as a prominent film production and distribution entity in India. Over a period exceeding four decades, this company has maintained a leading position in the Indian film sector by creating movies that combine critical acclaim with commercial success. Renowned for iconic films like Kuch Kuch Hota Hai and Kabhi Khushi Kabhhie Gham, Dharma Productions continues its journey with recent releases such as Kill, Bad Newz Rocky Aur Rani Ki Prem Kahani, and Brahmāstra: Part One – Shiva.