"Despite our categorical denial of this baseless rumour, the tabloid continued to publish this with an ambiguous quote from a person at YRF. It is totally baseless and not true, " said an official statement from YRF.
"The least that should have been done was to have quoted us correctly and preferably not have carried this concocted story at all, " it added.
The news report was published in a Mumbai-based tabloid that said that after "Devdas" (2002) the two Bollywood superstars Shah Rukh Khan and Aishwarya Rai are coming together after eight years for a YRF movie.
YRF has denied it saying that no such project is being planned which has the two of them paired together.
"Our next set of scripts are still under finalisation and as and when the cast for each of them is locked, we will be more than happy to make the announcements. Till then, it would be great if you could please check with us before quoting any unconfirmed sources, " said the release.
Aishwarya Rai and Shah Rukh were seen in Yash Raj's film "Mohabbatein" in 2000.