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VisitWhich major award will a film from the Serene-Dharma partnership win by end of 2025?
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Award announcements such as Filmfare Awards, National Film Awards, or international film festivals
Serum Institute CEO Poonawalla Buys 50% of Karan Johar's Dharma Productions for ₹1,000 Crore
Oct 21, 2024, 05:56 AM
Adar Poonawalla's Serene Productions, led by the CEO of India's largest Covid vaccine-maker, Serum Institute of India, has entered into a binding agreement to invest ₹1,000 crore ($119 million) for a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment. The deal, confirmed by Karan Johar, values the production companies at ₹2,000 crore and marks Poonawalla's significant entry into India's entertainment industry. Karan Johar will retain the remaining 50% ownership.
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