Karan Johar’s reaction on Adar Poonawala’s stake in Dharma Productions – ‘Let’s hope that…’

New Delhi: It was not hidden from anyone that Karan Johar’s Dharma Productions was looking for an investor for some time. Now there are reports that half of the production house has been bought by Adar Poonawala of ‘Serum Institute of India’. Karan Johar has also confirmed this. Many names were associated with this deal, including ‘Sa Re Ga Ma India’. Karan Johar told that Adaar has decided to take 50 percent stake in Dharma Productions. It was also reported that they will invest Rs 1000 crore in Dharma Productions and Dharmatic Entertainment.

People know Adar Poonawala as the CEO of ‘Serum Institute of India’, which manufactures the Covid-19 vaccine. Businessmen are investing in the company in their personal capacity. The production house will hold 50% stake in Dharma and the remaining 50% will be with Karan Johar. He will remain the creative head of the company and will take over as executive chairman. Let us tell you that Karan Johar’s father Yash Johar started the production house in 1979.

Karan Johar’s statement on Adar Poonawala’s investment
Adar confirmed the news of the partnership in a statement to the press and said, ‘I am happy to partner with my friend Karan Johar in one of the biggest production houses of our country. We hope to take Dharma forward and take it to greater heights in the years to come. According to the report of AyraNews24x7 English, Karan Johar, while commenting on the partnership, said, ‘Since its inception, Dharma Productions has been a medium of brilliant storytelling that captures the essence of Indian culture. My father dreamed of making films that would leave a lasting impact and I have devoted my career to expanding that vision.

Adar Poonawala is a close friend of Karan Johar
Karan Johar further mentioned Adar and said, ‘Today when we are associated with a close friend and a visionary, Adar, we are ready to take the legacy of Dharma to new heights. This partnership represents an ideal partnership between our emotional storytelling ability and business strategy. It’s about honoring our roots while embracing the future of global entertainment. Dharma’s journey has been special and this partnership leads us to create content that will transcend borders and generations.

Tag: Adar Poonawala, karan johar