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    Home » Sukesh Chandrashekhar Offers to Buy Majority Stake in Dharma Productions, Mentions Jacqueline Fernandez
    Bollywood

    Sukesh Chandrashekhar Offers to Buy Majority Stake in Dharma Productions, Mentions Jacqueline Fernandez

    Sonal KathuriaBy Sonal KathuriaOctober 22, 2024No Comments4 Mins Read
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    Sukesh Chandrashekhar Offers to Buy Majority Stake in Dharma Productions, Mentions Jacqueline Fernandez
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    In a surprising twist, notorious scammer Sukesh Chandrashekhar has reportedly sent a bold proposal to filmmaker Karan Johar, offering to buy a 50-70% stake in Dharma Productions. Sukesh, currently in Delhi’s Tihar Jail, claims he can close the deal within 48 hours, paying the entire amount in cash. The proposal has raised eyebrows due to Sukesh’s history and ongoing legal issues, but his letter also brings in Jacqueline Fernandez, adding more intrigue to the situation.

    Sukesh’s Letter to Karan Johar: A Business Proposal?

    According to reports, Sukesh Chandrashekhar sent a formal letter to Karan Johar through his legal representatives. In the letter, Sukesh expressed his desire to buy shares in Dharma Productions, mentioning that he has a deep interest in the film industry and that movies are his passion. He claims that his company, LS Holdings, is based in the British Virgin Islands, involved in sectors such as online gaming, mining, and corporate connections, with an annual turnover of Rs 6,300 crore.

    Jacqueline Fernandez’s Role in the Offer

    What’s grabbing more attention than the business deal itself is the fact that Sukesh mentioned actress Jacqueline Fernandez in his letter. Sukesh claimed that Jacqueline has immense respect for Karan Johar, and this was part of his motivation to make the offer. Jacqueline, who has been linked with Sukesh in the past in various legal matters, has not commented on this latest development. Sukesh referred to her as “the love of his life,” adding another layer of drama to the story.

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    Sukesh’s Bold Claims: “Cash in 48 Hours”

    In his letter, Sukesh Chandrashekhar claimed that if Karan Johar agrees to the deal, he would pay for the shares entirely in cash within 48 hours. He also stated that all legal documentation and transaction processes would be handled by his bankers and legal team, right here in India. Given Sukesh’s history of high-profile scams, this claim has raised skepticism about the legitimacy of his offer.

    Dharma Productions’ Ongoing Deals

    Sukesh’s proposal comes at a time when Dharma Productions is reportedly in talks with Adar Poonawala’s Serene Productions. The proposed deal between Dharma and Serene would involve Adar Poonawala buying a 50% stake in Dharma for Rs 1,000 crore. Despite this deal, Karan Johar would continue as the executive chairman, and Apoorva Mehta would remain the CEO of the company.

    With Dharma Productions already exploring investment opportunities, Sukesh’s sudden offer has sparked curiosity. However, considering Sukesh’s reputation, it’s uncertain whether his proposal will be taken seriously by Karan Johar or Dharma’s management.

    Sukesh Chandrashekhar’s Business Claims

    In the letter, Sukesh painted a picture of his business empire, claiming that his company LS Holdings is a major player in various sectors including international affairs, hospitality, and film production. He said that LS Holdings has produced and financed over 70 films, including some South Indian movies and OTT content. He emphasized that for him, the film business is more about passion than profit.

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    Sukesh also mentioned that he is fully compliant with income tax regulations, dismissing the fraud allegations against him as politically motivated. He offered to provide proof of his financial transactions over the past 15 years to reassure Dharma Productions of the legitimacy of his funds.

    Karan Johar’s Response Awaited

    As of now, there is no official word from Karan Johar or Dharma Productions regarding Sukesh Chandrashekhar’s offer. The production house, known for its blockbuster films and dominance in Bollywood, has been a prime target for investors, but it remains to be seen whether Karan Johar will entertain Sukesh’s audacious proposal.

    This development adds yet another chapter to the ongoing saga involving Sukesh Chandrashekhar, who is already embroiled in legal battles over his alleged Rs 200 crore fraud case. While his interest in Bollywood is nothing new, his attempt to link Jacqueline Fernandez to the business offer has certainly added to the buzz surrounding the situation.

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    Sonal Kathuria
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    Sonal is a professional content writer with 3+ years of experience. She likes to write about technology, lifestyle, automobiles, and travel niches.

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