Akhtar will play the legendary songwriter and Kareena is likely to reprise the role of Amrita Pritam, who was the love interest of Ludhianvi.
"I have been offered the film and I am still in the process of reading it, I am going through it," Kareena said.
This film will be produced by Ashi Dua and directed by Jasmeet Reen. Kareena had earlier walked out of one of Zoya Akhtar's film but that hasn't strained her relation either with Zoya or Farhan.
It was learnt that Kareena will have to build a tough physique for Karan Johar's next production film 'Shuddhi'.
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Ask her if she would ever take up a role where she need to do something challenging physically, Kareena said, "I don't like action films, they don't excite me much. So I don't know ... Not sure. I did it once in 'Tashan' and that is enough.
In 'Shuddhi' she is paired opposite Hrithik Roshan after a long time.
Meanwhile, there are reports that Priyadarshan is making a movie based on the life of Kunjali Marakkar, a valiant warrior. Mohanlal has been roped in for the main role and rumours suggest that the director is keen on casting Kareena opposite the South superstar.
But the 33-year-old actress rubbished all such reports and said she can't even speak Malayalam.
"I haven't got the offer. I don't think I will do a Malayalam (film). I get many offers from South but I get scared to work as I can't speak Tamil, Telugu," she adds.