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Business Today India
|November 24, 2024
Adar Poonawalla’s decision to invest `1,000 crore in Karan Johar’s Dharma Productions is certainly intriguing.
karan johar’s dharma Productions was looking to sell a stake. But discussions with Saregama and Reliance Industries did not yield results, with the buzz that both valuation and shareholding are contentious issues. Now, in an interesting development, Adar Poonawalla, the CEO of Serum Institute, has decided to acquire a 50% stake in Dharma at a valuation of ₹2,000 crore.
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