Actress Deepika Padukone had auditioned for the role and some of her pictures had leaked online but things did not work out between her and the makers.
Daughter of renowned cinematographer K U Mohanan, Malavika will now feature in the film which centres around a brother-sister relationship.
A spokesperson of Zee Studios and Eyecandy Films, the movie's producers, confirmed the news.
"Malavika is on board to play the leading lady in the film 'Beyond The Clouds'. Majidi did a look test with her and was very happy with the results. She has started the shoot in Mumbai.
The film also marks the debut of actor Shahid Kapoor's brother Ishaan Khatter, who started shooting for the film last month.
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