And what is more, Karan Johar's best friend Shah Rukh Khan will also be associated with the upcoming venture. According to reports doing the rounds in the media, the film will be produced by Karan Johar's production house Dharma Productions in association with SRK's production house Red Chillies Entertainment.
Both Varun Dhawan and Sidharth Malhotra served as assistants to Karan Johar during the filming of My Name Is Khan. The new film starring Varun and Sidharth will reportedly have female leads as well.
A source very close to the film's unit has told the media that Karan Johar may be roped in as the director of the launch venture. Though it was reported earlier that KJo will only produce the film, he is also planning to direct it now. However this piece of news has not been confirmed by the director or his representatives.
The Varun Dhawan and Sidharth Malhotra debut platform will also be the first film where buddies Shah Rukh Khan and Karan Johar will come together as producers. Though the actor – director duo have been part of several films together in the past, this is the first time that they will produce a film together.