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.
As per a press release shared by Dharma, Adar’s Serene Productions will be investing Rs 1000 crore in Dharma, which includes Dharma Productions and the digital wing Dharmatic Entertainment. “Through this investment, Serene Productions will hold a 50% stake in Dharma, with Karan Johar retaining the remaining 50% ownership,” states the release.
