Brief by Shorts91 Newsdesk / 04:33pm on 21 Oct 2024,Monday Entertainment
Adar Poonawalla has acquired a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment for ₹1,000 crore. Poonawalla's Serene Entertainment will join Johar, who remains the Executive Chairman. Both will work together to guide the company's future. Poonawalla expressed excitement, stating he looks forward to partnering with Johar and growing Dharma. Johar emphasized the blend of storytelling and business strategy in this partnership, aiming to enhance Dharma's legacy. Founded in 1976 by Yash Johar, Dharma Productions has created iconic films like Kuch Kuch Hota Hai and Brahmastra: Part One – Shiva.
