Dharma Productions sells 50% stake to Adar Poonawalla for ₹1000 crore, beating out Reliance and Saregama

Adar Poonawalla has outpaced Reliance and Saregama in the race to acquire a significant stake in Karan Johar’s Dharma Productions. According to a statement from the Bollywood production house, Poonawalla’s Serene Entertainment has purchased a 50% stake in Dharma for ₹1000 crore, with Karan Johar maintaining the remaining 50% ownership.

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Adar Poonawalla on Partnering with Dharma Productions

Adar Poonawalla expressed his excitement about the collaboration, stating, “I am thrilled to have the opportunity to partner with one of the most iconic production houses in the country, alongside my friend Karan Johar. Together, we aim to build and expand Dharma, taking it to even greater heights in the years ahead.”

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Karan Johar on the Vision for Dharma’s Future

Karan Johar, Executive Chairman of Dharma Productions, shared his thoughts on the partnership, saying, “Dharma Productions has always been synonymous with heartfelt storytelling that reflects the essence of Indian culture. My father envisioned creating films with a lasting impact, and I’ve spent my career expanding that vision. Now, with Adar—an incredible friend, visionary, and innovator—by my side, we’re set to elevate Dharma’s legacy to new heights. This partnership is a perfect blend of our emotional storytelling expertise and forward-thinking business strategies.”

“It’s about honoring our heritage while embracing the future of global entertainment. Dharma’s journey has been extraordinary, and this partnership unlocks countless opportunities to create content that will connect with audiences across borders and generations.”

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Legacy of Dharma Productions

Founded by Yash Johar in 1976 and now led by Karan Johar, Dharma Productions is one of India’s premier film production and distribution companies. With over four decades of experience, the company has consistently been at the forefront of the Indian film industry, producing both critically acclaimed and commercially successful films. Known for iconic movies like Kuch Kuch Hota Hai and Kabhi Khushi Kabhie Gham, Dharma continues to shape Indian cinema. Their recent releases include Kill, Bad Newz, Rocky Aur Rani Ki Prem Kahani, and Brahmāstra: Part One – Shiva.

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