A large chunk of the Rs 1,000 crore invested could be through fresh equity; Dharma was earlier in talks with Reliance and Saregama.

The letter, which was shared publicly by Sukesh's PR team, laid out the bizarre proposal, expressing a desire to invest in Dharma Productions despite his rather precarious situation. In the letter, Sukesh assured Johar that the offer was "non-negotiable,

Adar Poonawalla's Serene Productions takes 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment.

Karan Johar's 'Koffee with Karan' make Dharma Productions is selling a 50% stake to Adar Poonawalla's Serene Productions for around $120M.

This is not the first time that a corporate entity has invested in a film production company. A look at the past throws light on several such deals.

Business tycoon Adar Poonawalla has acquired a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment (collectively known as Dharma). According to a press note released by Dharma Productions,

Adar Poonawalla acquires 50% stake in Karan Johar's Dharma Productions for ₹1000 crore, outpacing Reliance and Saregama.

Adar Poonawalla-led Serene Productions will buy a 50% stake in filmmaker Karan Johar's Dharma Productions for 10 billion rupees ($119 million), the latter said on Monday. ($1 = 84.0640 Indian rupees) (Reporting by Hritam Mukherjee in Bengaluru;

Business tycoon Adar Poonawalla has acquired a 50% stake in Karan Johar's Dharma Productions and Dharmatic Entertainment. The production house announced in a statement that the deal was finalised at Rs.

Jaaved Jaaferi hilariously responded to the latest news about Adar Poonawalla, managing director of Serum Institute of India, buying 50 per cent stake in Karan Johar’s Dharma Productions. The Poonawallas’ Rs 1,

Karan Johar sells a stake in Dharma Productions to Adar Poonawalla, CEO of Serum Institute, marking a new chapter for the iconic film studio.