"It is great to be associated with good cinema and one can expect thought provoking as well as popular film content from the very talented Prakash Jha.
We look forward to this association and presenting quality entertainment to film enthusiasts," Sunil Lulla, managing director, Eros International Media Ltd, said in a statement.
Jha said: "Our association with Eros goes back to 'Mrityudand' and we are happy to work with them on a regular and long term basis for creating content."
Their first joint venture is titled "Chakravyuh" to be directed by Jha. The movie starring Abhay Deol, Arjun Rampal, Esha Gupta and Manoj Bajpai will go on the floors April 7.