Archive · 20 Aug 2026
Karan Johar Has No Stake in Brahmastra Sequel
Karan Johar does not have a financial share in Brahmastra 2.
The sequel is no longer being made through Dharma Productions.
Ayan Mukerji, the director, kept the main rights to the Astraverse story world.
He found new partners to help pay for the next movies.
Namit Malhotra is now producing Brahmastra 2.
His involvement is expected to help provide money and visual-effects work.
The change reportedly followed disagreements after the first Brahmastra movie.
Mukerji also worked on War 2 before moving the franchise to Malhotra’s production company.
Brahmastra 2 has officially moved away from Dharma Productions, leaving Karan Johar without a financial stake.
Director Ayan Mukerji retained the baseline intellectual property for his Astraverse franchise.
Mukerji partnered with new financiers after the first film’s release to fund the sequels.
Namit Malhotra, producer of Ramayana, is producing Brahmastra 2 and providing financing and visual-effects support.
Reported tensions followed Brahmastra Part One: Shiva, including Mukerji’s decision to direct War 2 before moving the franchise to Malhotra’s banner.
- Who
- Ayan Mukerji, Karan Johar, Dharma Productions, and producer Namit Malhotra are central to the report.
- What
- The Brahmastra franchise has moved away from Dharma Productions, and Karan Johar has no financial stake in Brahmastra 2.
- When
- The transition followed the release of Brahmastra Part One: Shiva; no specific date is provided.
- Why
- Ayan Mukerji moved the franchise to new financiers and retained the baseline intellectual property for the Astraverse.
- Franchise
- Brahmastra
- Sequel
- Brahmastra 2
- Former production company
- Dharma Productions
- New producer
- Namit Malhotra
- Retained rights
- Ayan Mukerji retained the baseline intellectual property for the Astraverse.
- Reported source of friction
- Tensions reportedly followed the release of Brahmastra Part One: Shiva.
- Related project
- Mukerji shifted focus to direct War 2 before moving the Astraverse intellectual property to Malhotra’s production banner.