YRF Entertainment's CEO, actor Uday Chopra has announced he is joining forces with Pogam's company Stone Angels for the film, to be directed by Olivier Dahan.
The movie tells the story of efforts by the late Princess Grace of Monaco (the former Grace Kelly, played by Kidman) to make peace between her adopted country and France.
"'Grace of Monaco' is the kind of movie that has a perfect blend of talent and sensibility that YRF Entertainment is proud to be a part of. We look forward to a great partnership with Olivier and Pierre-Ange, " Chopra said in a press statement.
The production work on the film will begin this fall in southern France.
The project is the latest move by YRF Entertainment, a Beverly Hills-based production and financing company that is a subsidiary of Indian studio YRF, to develop, finance, and produce English language films for the US and global market.
Le Poga
m is equally excited, and said: "When I first read the script written by Arash Amel, I thought it was a great story to tell, with a lot of artistic, historical and emotional potential. This is why I invited Olivier Dahan to become the director because he has this artistic vision.
"When Olivier and I met with Nicole Kidman for the first time, we felt immediately she was the right artist to portray Princess Grace. When I then met with Uday, I had the same feeling after our conversation. He was obviously the right partner because of his beautiful vision of the movie."
YRF Entertainment is currently also overseeing post-production on Peter Glanz's upcoming comedic feature, "The Longest Week", starring Jason Bateman and Olivia Wilde, and has a slate of films in development.