Karan Johar’s Dharma Productions Sells 50% Stake To Pharmaceutical Magnate Adar Poonawalla
Karan Johars Indian production powerhouseDharma Productionshas major new investment. The binding agreement values Dharma, which comprises Dharma Productions and Dharmatic Entertainment, at around $240M. The companys revenues for 2022/23 financial year were about $124M. Adar Poonawalla (left) is buying 50% of Dharmatic Entertainment, which is led by Apoorva Mehta (center) and Karan Johar (right)Serene Productions; Dharma Productions Poonawalla is known as CEO of Serum Institute ofIndiaand chair of Poonawalla Fincorp....