Karan Johar shares cryptic note amidst Adar Poonawalla’s acquisition of 50% stake in Dharma Productions

Adar Poonawalla’s Serene Productions formally declared over a week ago that it has reached a legally binding deal to invest Rs 1000 crore in Dharmatic Entertainment and Karan Johar’s Dharma Productions. Netizens on the internet responded strongly to the development, and in the midst of all of this, the director posted a mysterious message on his Instagram account.

Karan Johar sent a mysterious message on his Instagram stories today, October 27, which said, “Competition happens at the bottom. The people at the top are collaborating.”

This coincides with the announcement of Adar Poonawalla’s Serene Productions acquiring a 50% share in Karan Johar’s Dharma Productions.

The huge news of collaboration was officially announced over a week ago. The goal of the strategic shift is to provide engaging content for a worldwide audience. With the significant investment, Karan Johar will retain half of the ownership of Dharma, while Serene Productions will possess 50%. In his capacity as Executive Chairman, the filmmaker will promote the company’s artistic mission.

Karan Johar conveyed his excitement for the intriguing partnership in an official statement. He underlined how Dharma Productions has consistently told stories in a way that is both relevant and representative of Indian culture.

He stated, “My father dreamed of creating films that would leave a lasting impact, and I’ve dedicated my career to expanding that vision. Today, as we join forces with Adar, a close friend and an exceptional visionary and innovator, we’re poised to elevate Dharma’s legacy to new heights.”

Karan Johar most recently directed Rocky Aur Rani Kii Prem Kahaani. In addition, he is also enjoying the premiere of Dharma Entertainment’s Fabulous Lives of Bollywood Wives Season 3 on Netflix. He also has a promising slate of movies produced under his production, which includes Dhadak 2 and Sunny Sanskari Ki Tulsi Kumari.