Wednesday, June 18, 2025
HomeBusinessPoonawalla to acquire 50% in Dharma Productions for 1,000 crore

Poonawalla to acquire 50% in Dharma Productions for 1,000 crore

-

[ad_1]

Poonawalla to acquire 50% in Dharma Productions for 1,000 crore

NEW DELHI: Adar Poonawalla-led Serene Productions announced that it will invest Rs 1,000 crore into Karan Johar’s Dharma Productions and Dharmatic Entertainment. Serene Productions will hold a 50% stake in Dharma, with Karan Johar retaining the remaining half.
The collaboration aims to transform content creation, distribution and audience engagement by integrating advanced technologies and pioneering production methods, a company statement said.
Johar as the executive chairman will spearhead the company’s creative vision, while Apoorva Mehta, as CEO, will work with Johar in steering the strategic direction and overseeing the operational excellence of the organisation, a company statement said.
India’s entertainment industry has experienced significant expansion, driven by surging digital penetration and a diverse audience seeking high-quality content across multiple platforms, with growing global relevance. This strategic partnership between Serene Productions and Dharma is designed to capitalise on these opportunities by combining Dharma’s rich legacy in storytelling with Poonawalla’s strategic acumen and resources.
By leveraging this synergy, Serene Productions and Dharma seek to meet the evolving demands of today’s digitally savvy consumers, while pushing the boundaries of creative storytelling. Together, they aspire to shape the future of entertainment for digital-first generations, embracing new platforms and formats to deliver compelling narratives that entertain, inspire, and engage audiences worldwide.
Dharma Productions is a leading film production and distribution company founded by Yash Johar in 1976.



[ad_2]

Source link

LATEST POSTS

Soft Play Bus Essex with Squeeze Rollers & Dizzy Discs – A Fun-Filled Mobile Adventure

In today’s world of children’s entertainment, finding activities that combine physical play with safety and creativity can be a challenge. The Soft Play Bus Essex offers a...

The Mobile Spa Trend: Pamper Bus Fun for Little Fashionistas

A New Way to Celebrate in StyleThe world of children’s parties has transformed over the years, with themed events becoming more elaborate, creative, and personalized....

Chic and Cheap: Grace Bay Turks and Caicos Luxury Stays Under $300/Night

Experience Luxury Without Overspending Grace Bay Turks and Caicos is a dream destination known for its pristine beaches, turquoise waters, and upscale ambiance. While many assume...

WitchSpin Casino: Daily ₱777 Bonus Explained

Online casinos attract players by offering exciting games and generous bonuses. One of the most popular features of WitchSpin Casino is its daily ₱777 bonus....

Most Popular

spot_img