Kumar Bahukhandi
Mumbai: Conman Sukesh Chandrashekhar, who was arrested in 2015 in a Rs 200 crore extortion case, has now written a letter to Karan Johar, offering to buy a stake in his production company Dharma Productions. According to Zoom, Sukesh’s letter reads, “This is a letter of intent with regard to acquiring a substantial portion of the stake in your company Dharma Productions.” He offered a ‘no negotiation’ deal for 50-70% stake in Dharma Productions and said the transaction could be completed within 48 hours.
Further, Sukesh says that his company, LS Holdings, is financially strong and can help Dharma Productions expand. He also admitted that the offer was unusual but promising. His letter read, “For me, films are not a business but a passion and emotion, as I am personally a movie buff. I am sure this offer will be very strange for you, as it is being offered from the walls of Asia’s largest prison, but Karan, the best and most wonderful things happen from extraordinary situations, places and individuals.” Sukesh also called Johar a ‘wonderful human being’, citing Jacqueline Fernandez’s respect for him.
Meanwhile, Adar Poonawalla-led Serene Entertainment has acquired half of Dharma Productions. Adar has bought a 50% stake in Dharma for Rs 1000 crore. Johar will continue as the creative head of the company, and will take on the role of executive chairman. Dharma Productions was founded in 1976 by Karan Johar’s father Yash Johar.
