Poonawala to pick 50% stake in Karan Johar’s Dharma

Adar Poonawalla is acquiring a 50% stake in Karan Johar’s Dharma Production and Dharmatic Entertainment for Rs 1,000 crore, valuing the company at Rs 2000 crore, according to a report. Johar retains creative control, bolstered by financial resources to adapt to evolving market preferences.