Adar Poonawalla enhances his financial portfolio by acquiring a 50% stake in Dharma Productions, valued at Rs 1000 crore.
Johar will retain the remaining 50 percent stake in Dharma and will continue to remain as the company's Executive Chairman. Apoorva Mehta will remain as the Chief Executive Officer.
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Adar Poonawalla acquires 50% stake in Karan Johar's Dharma Productions for ₹1000 crore, outpacing Reliance and Saregama.
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