Kollywood grapevine has it that Ajith will join hands with late producer Nagi Reddy's banner for a film. Ajith who is in good terms with the producer's family has agreed to work with the banner and the film will be a birth centenary ode to the late producer.

It is said that an official announcement will be made shortly on who will be directing this film and the casting as well. It may be recalled that Nagi Reddy has been a prominent producer in tinsel town having produced various biggies including 'Maya Bazaar' and 'Pathala Bhairavi'.

After finishing work on his prequel, 'Billa 2' that is directed by Chakri Toleti where he is cast opposite Parvathy Omanakuttan and Bruna Abdullah, Ajith will work with Vishnuvardhan and producer AM Rathnam, following which he will start work with this banner. Meanwhile rumour mills also have it that his project with AM Rathnam might take off with director Shankar.