Bollywood filmmaker Madhur Bhandarkar has denied a media report that he would be directing a serial for a popular TV channel, but has admitted that his production company has undertaken the project.

According to a report published in a leading Mumbai daily, Bollywood directors Vikram Bhatt, Mahesh Manjrekar, Ashok Pandit, and Shriram Raghavan apart from Bhandarkar have been approached by a TV channel to direct serials for them.

"I will not be directing the short stories. My company Bhandarkar Entertainment Pvt Ltd is involved in making serials and ads too and the same department will be taking care of it under the able supervision of Ashok Pandit and Raman Kumar - the two are from the TV industry and understand the intricacies involved in making serials," Bhandarkar said in a press statement.

"We will be making 10 interesting short stories of one episode each for the channel," he added.

The short stories will be aired on Sony channel.

For now, the three-time National award-winning director is going to start the shoot of his next project "Jail" in March. The film stars Neil Nitin Mukesh in the lead.