Karan Johar uploaded the first look poster of the new film on microblogging site, Twitter.
Malhotra and Dhawan had previously worked as assistant directors under Johar during the making of the 2010 film, My Name is Khan.
This is Karan Johar's first directorial venture without Shahrukh Khan in the lead role. Rishi Kapoor is going to play a gay in the film.
Movie is produced under joint banner of Shahrukh Khan's Red Chillies Entertainmnet and Karan Johar's Dharma Productions.
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