Conman Sukesh Chandrashekar Expresses Interest in Purchasing Stake in Dharma Productions

Sukesh Chandrashekar, who is currently serving time in Tihar Jail for extortion, has made a surprising proposal to filmmaker Karan Johar. He suggested acquiring a significant 50-70 percent stake in Johar’s company, Dharma Productions. This unusual offer was sent from Tihar, one of Asia’s largest prisons, through a legal firm called Anantam Legal.

In his letter, Sukesh clearly stated his intention to take control of Dharma Productions, making it clear that this offer was ‘non-negotiable.’ He mentioned that if Karan accepted the terms, the deal could be concluded in just 48 hours. The letter read, “This is a letter of intent regarding acquiring a major portion of stake in your company, Dharma Productions,” and was subsequently shared by Sukesh’s PR team. He further explained that his financial advisor had indicated that Dharma Productions was looking for investments, and Sukesh’s company, LS Holdings, was keen to support the production's growth.

Recognizing the impact of his dubious reputation, Sukesh acknowledged that his proposal might appear ‘unusual.’ However, he insisted that his intentions were sincere. He shared, “For me, movies are not just a business, but a passion and an emotion, as I am personally a movie buff. I am sure this offer may seem unusual, coming from the walls of Asia’s largest prison, but Karan, the best and wonderful things happen from extraordinary situations, places, and persons.”

Sukesh also expressed admiration for Karan Johar, calling him a ‘wonderful human’ and mentioning the respect that Jacqueline Fernandez, whom he refers to as the “love of his life,” holds for Johar. He stated, “Me, my family, and are Big Fans of Dharma productions, Mainly the Wonderful Human Karan Johar, and most importantly Love of My Life Jacqueline, has huge Respect towards you, Which you very well know. So it’s a Privilege and an honour to acquire a Stake/infuse funds in your Company and Become a part of your family.”

In related news, Adar Poonawalla, the CEO of Serum Institute of India, is poised to acquire a 50% stake in Dharma Productions and Dharmatic Entertainment for ?1000 crore. Poonawalla's investment will be made through his private firm, Serene Productions, leaving Dharma Productions with a remaining stake while Karan Johar will retain his position as Executive Chairman.

Dharma Productions, founded in 1976 by Karan Johar’s father, Yash Johar, has created a legacy with classic Bollywood films like Kuch Kuch Hota Hai, Kabhi Khushi Kabhie Gham, Kal Ho Naa Ho, Yeh Jawaani Hai Deewani, Raazi, Shershaah, Ae Dil Hai Mushkil, and Brahmastra.