Karan Johar’s Dharma Productions Sells 50% Stake To Pharmaceutical Magnate Adar Poonawalla

Karan Johar’s Indian production powerhouse Dharma Productions has major new investment. The Koffee With Karan maker is selling 50% to its shares to Serene Productions, which is led by pharmaceutical tycoon Adar Poonawalla, for 1,000 crore ($120M). The binding agreement values Dharma, which comprises Dharma Productions and Dharmatic Entertainment, at around $240M. Local reports suggest […]