
Bollywood Hungama reports that Jio Studios has backed out of Brahmastra 2, and Ayan Mukerji is searching for a new studio partner. A trade source told the outlet that talks between the…
Bollywood Hungama reports that Jio Studios has backed out of Brahmastra 2, and Ayan Mukerji is searching for a new studio partner. A trade source told the outlet that talks between the makers and Jio Studios did not materialise, and neither Jio nor Star Studios (now part of JioStar) is involved with the sequel. Dharma Productions, which co-produced the first film, is also not associated with the second instalment.

Telugu360 adds that the team is waiting for a new investor before taking the project forward, with shooting tentatively planned for April 2027. The sequel, titled Brahmastra Part Two: Dev, is expected to feature Ranbir Kapoor, Deepika Padukone in discussions to play Amrita, and Alia Bhatt in an extended appearance. Unconfirmed reports peg the production budget at Rs 550 crore, though no official confirmation exists.
According to Bollywood Hungama, earlier discussions with Yash Raj Films fell through after the disappointing performance of War 2. Industry insiders quoted by the outlet believe the high-profile cast will attract interest, and the team should have no shortage of potential studio partners.
Both sources report the same core development neutrally, but their emphasis differs. Bollywood Hungama leads with the failed Jio talks and also discloses earlier YRF discussions and Dharma's absence, framing the project's studio search as a serial challenge. Telugu360 leads with the cast and the Rs 550 crore budget figure (unconfirmed), framing the story around the scale of the investment needed. Neither outlet offers government-critical or pro-government framing, as this is a purely commercial entertainment story. The budget figure remains unconfirmed, the next concrete step is finding a studio partner before the April 2027 shoot date.
Coverage: 2 sources, 2 neutral
Sources (2): bollywoodhungama.com (neutral report), telugu360.com (neutral report)
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.