Karan Johar’s Dharma productions sells 50% stakes to Adar poonawalla for 1000 crore

Adar Poonawalla acquires 50% stake in Karan Johar’s Dharma Productions for ₹1000 crore, expanding operations

Adar Poonawalla’s Serene Entertainment has bought a 50% stake in Karan Johar’s Dharma Productions for ₹1000 crore, beating bids from major companies like Reliance and Saregama. Despite the sale, Karan Johar will continue to own the other 50% of the company and will stay in charge of its operations.

Dharma Productions, founded by Karan Johar’s father, Yash Johar, in 1976, is one of India’s most successful film production houses. It has produced popular films like Kuch Kuch Hota Hai, Kabhi Khushi Kabhie Gham, and Brahmāstra. Over the years, it has built a strong legacy of creating movies that resonate with Indian audiences and also find success globally.

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Adar Poonawalla, who leads Serene Entertainment, expressed his excitement about the partnership. “I am delighted to partner with such an iconic production house and my friend Karan Johar. Together, we aim to build Dharma and take it to new heights,” Poonawalla said.

Karan Johar, who remains Executive Chairman of Dharma, shared similar thoughts. He talked about how his father’s vision was to make films that had a lasting impact, and how Dharma Productions has stayed true to that dream. “With Adar, who is both a friend and a visionary, we are now ready to take Dharma’s legacy even further,” Johar said. He emphasized that the partnership is a perfect blend of Dharma’s storytelling strengths and Serene Entertainment’s forward-thinking strategies.

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This deal comes at a time when India’s entertainment industry is growing fast, driven by digital platforms and a global audience eager for diverse content. The partnership between Dharma and Serene is expected to benefit from these trends, combining Dharma’s rich film heritage with Poonawalla’s resources and strategic vision.

Together, they aim to create more innovative content, expand distribution, and engage audiences in new ways, both in India and globally, shaping the future of Indian entertainment.