Billionaire Adar Poonawala to pick 50% stake in Karan Johar’s Dharma Productions for Rs 1,000 crore: Report – Times of India
Poonawalla is making this investment privately through Serene Productions. Johar will retain the remaining stake. Adar Poonawalla, the billionaire CEO of the Serum Institute of India, is acquiring a 50% stake in Karan Johar‘s Dharma Production and Dharmatic Entertainment for Rs 1,000 crore. This investment values the film and television production and distribution company at…