Meghna is the daughter of famous lyricist and poet Gulzar and actress Raakhee.
"Meghana will be directing a film and it will be written by Vishal Bhardwaj. It will have Irrfan Khan. The title is not yet confirmed," sources close to the development told PTI.
"Gulzar (Meghna's father) will produce a film under Vishal Bhardwaj Pictures banner," the source added.
Meghna had made her directorial with 'Filhaal' in 2002 starring former Miss Universe Sushmita Sen and Tabu.
Her second movie was 'Just Married' in 2007. She also directed a short film 'Pooranmasi' for Sanjay Gupta's 'Dus Kahaniyaan' starring Amrita Singh.