Adar Poonawalla led Serene Productions LLP, to acquire 50% stake in Dharma Productions Private Limited and Dharmatic Entertainment Private Limited

  • Deal
  • October 21, 2024

JSA advised and assisted Serene Productions LLP, led by Mr. Adar Poonawalla in its proposed acquisition of 50% stake in Dharma Productions Private Limited (“Dharma”), through a combination of primary investment and secondary share purchase.  Upon completion of the transaction, Karan Johar and his affiliates will continue to hold 50% shareholding in Dharma Productions. Karan Johar will continue to remain the Executive Chairman of Dharma and Apoorva Mehta will continue to remain the Chief Executive Officer of Dharma.

Deal value: INR 10 billion

Our Transaction Team Comprised Lead Partner – Iqbal Khan, Partner – Devika Menon, Senior Associate – Tarini Sardesai, Associate – Gunjan Singh.