Serum Institute’s Adar Poonawalla to buy 50% stake in Karan Johar’s Dharma Productions

2 hours ago 1

Adar Poonawalla, the CEO of Serum Institute of India (SII), connected Monday said that his institution Serene Productions volition bargain 50 per cent involvement successful Dharma Productions, led by salient Bollywood shaper and filmmaker Karan Johar, quality bureau Reuters reported.

The concern is expected to beryllium worthy 10 cardinal rupees ($119 million).

Led by Karan Johar, Dharma Productions was founded by his begetter and filmmaker Yash Johar successful 1976. The institution is owned 90.7 per cent by Karan Johar and 9.24 per cent by his mother, Hiroo Johar

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