The film will be produced by Farhan and his partner Ritesh Sidhwani under their home banner Excel Entertainment Pvt Ltd, and is currently under scripting stage.
"SRK is doing the film. We are not sure when it will go on floors exactly but it will be next year. Shah Rukh is excited about the film but we need to work out the schedule as he has prior commitments," Ritesh said.
"With a franchise like 'Don' and the character, its important to get excited by the script. Neither Shah Rukh, nor Farhan or me wants to get into making a film because there is excitement about it. We also want to be happy with the script if that happens then I would love to do it," he added.
On other films in pipeline, Ritesh said that 'Fukrey 2' as well as Abhishek Kapoor's 'Rock On 2' is being scripted.
More From This Section
'Fukrey' released in June this year and was a hit. The comedy directed by Mrighdeep Singh Lamba had newcomers like Pulkit Samrat, Varun Sharma, Ali Fazal, Manjot Singh, Richa Chadda, Vishakha Singh, and Priya Anand in lead roles.
"It is a great film and people want to see it into a sequel. There are memorable characters in the film which you can take forward," he added.
Also, there are a couple of other films like Zoya's next, reportedly on sibling relationship. There is a buzz that it will have Ranveer Singh, Anushka Sharma and Priyanka Chopra but Ritesh did not reveal much.