Adar Poonawalla's Serene Productions takes 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment.

Adar Poonawalla-led Serene Productions will buy a 50% stake in filmmaker Karan Johar's Dharma Productions for 10 billion rupees ($119 million), the latter said on Monday. ($1 = 84.0640 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru;

In a surprising turn of events, it is reported that filmmaker Karan Johar sold 50 percent stakes of Dharma Productions to entrepreneur Adar Poonawalla of the Serum Institute of India. Adar-led Serene Productions closed the agreement at Rs.

Through this investment, Serene Productions will hold a 50 per cent stake in Dharma, with Karan Johar retaining the remaining 50 per cent ownership, says Dharma Productions

Karan Johar has decided to sell 50 percent stakes of Dharma Productions to Serum Institute of India's Adar Poonawalla

Adar Poonawalla's Serene Entertainment has acquired a 50 per cent stake in Dharma for Rs 1,000 crore: Dharma productions stake

Serene Productions invests ₹1,000 crore in Dharma Productions, forming a strategic partnership for innovative content creation and distribution.

Adar Poonawalla led Serene Productions today announced that it has entered into a binding agreement to invest INR 1,000 crore into Karan Johars Dharma Productions and Dharmatic Entertainment (collectively,

Karan Johar's Dharma Productions enters a new era of global expansion with a investment from Adar Poonawalla's Serene Productions.

Amidst rumours floating around that Dharma Productions is going to undergo a buyout, it was announced on Monday that businessman Adar Poonawalla will be taking over 50 per cent stake in Karan Johar’s company.

Serum Institute of India CEO Adar Poonawalla has bought 50 per cent stake in filmmaker Karan Johar’s entertainment company Dharma Productions.