The movie, backed by Yash Raj, was announced by Parineeti with a special video where she was seen singing a song.
"I am really excited to work with Parineeti. I think she is one of the finest actress around. She's very versatile too. And through this film you'll get to know she sings well too," Ayushmann told reporters.
"Meri Pyari Bindu" is produced by Maneesh Sharma while Akshay Roy is making his directorial debut with the film.
The actor was speaking on the sidelines of Kala Ghoda Arts festival where he was performing.
The actor feels performing live gives instant reactions as opposed to working in films.
"I think you get instant reaction while performing live. Which is a big thing. When you do a film you work hard for a year and then you get reactions. Whether it's singing, anchoring or stand up comedy you get instant reaction which is great.
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