There was a buzz in B-town that Shruti will be seen opposite Taurani's son Girish, who is making his debut in Bollywood. The untitled film will be directed by Prabhu Deva.
"We have not yet finalised her. Wait for sometime. Next week we will finalise," Taurani told PTI.
Asked if he has approached Shruti, Taurani said, "I can't comment on that."
He also refused to divulge details if the movie will be a remake or an original but said that the film will go on floors in August.
Meanwhile, the producer is excited about his next home production 'Jayantabhai Ki Luv Story', featuring Vivek Oberoi and Neha Sharma.
"As Vivek has already played the role of a gangster, it is a big plus point for us. There is this sudden excitement when people come to know that Vivek is playing a gangster. I think gangster roles are a monopoly for Vivek," Taurani said.
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"When my director narrated the story to me, I felt Vivek was the perfect choice, as he knows nuances of a gangster," he added.
A romantic comedy, 'Jayantabhai Ki Luv Story', revolves around Vivek, a gangster and Neha, an educated, subtle girl, and how they fall in love.
"Even though it is a romantic comedy, there is an element of seriousness and a bit of violence. But this (romantic comedy) part is a new thing. I liked this more as it was a mixture of both. It is a complete entertainer," Taurani said.