Ajay Devgn’s Chauhaan Gets Major Jio Studios Backing; Complete Cinema Reveals Rights Structure
Ajay Devgn’s Chauhaan is emerging as an interesting project not just from a cinematic perspective but also from a major business and intellectual-property standpoint. The film, which brings together Ajay Devgn, writer-director Neeraj Yadav and creative director Aanand L Rai, is set to have a significant association with Jio Studios.
According to a public notice issued by Reliance Industries Limited, the proposed arrangement between Jio Studios and Aanand L Rai’s Colour Yellow Media Entertainment gives Jio a substantial position in the film’s intellectual property and commercial exploitation.
The development was reported through the August 22, 2026 issue of Complete Cinema magazine, which carried the public notice outlining the proposed rights structure for the Ajay Devgn starrer.
Jio Studios To Hold 50% IP In Chauhaan
Under the proposed arrangement, Jio Studios will hold 50% of Chauhaan’s intellectual property rights, along with a 50% share in its derivative rights.
The reported rights cover the underlying works across all languages worldwide and in perpetuity, making the proposed agreement considerably broader than a conventional theatrical or digital-rights arrangement.
Jio To Control 100% Commercial Exploitation
The biggest talking point of the reported structure is Jio Studios’ control over the film’s commercial exploitation.
The studio is proposed to hold 100% of the exploitation rights to Chauhaan and its associated material across languages, platforms, media, mediums and formats.
Jio Studios is also set to own 100% of the worldwide music rights, giving the studio a significant position in the film’s long-term commercial monetisation.
In simple terms, while Colour Yellow remains an important production partner, Jio is taking an extremely powerful position in determining how Chauhaan and its associated material can be commercially exploited.
Ajay Devgn, Neeraj Yadav And Aanand L Rai Come Together
Chauhaan has an interesting creative team at its centre.
Ajay Devgn leads the project, while Neeraj Yadav is writing and directing the film. Aanand L Rai is attached as creative director, with his Colour Yellow Media Entertainment involved in the production.
The Jio Studios association adds another major layer to the project, particularly because of the breadth of rights outlined in the proposed arrangement.
Jio Gets First Opportunity On Future Derivative Projects
There is another interesting clause in the proposed structure.
Jio Studios will reportedly have the right of first offer to produce, alongside Colour Yellow, any future audio-visual derivative works based on Chauhaan.
This does not mean that a sequel, spin-off or any other project has already been announced. However, the provision indicates that the property could potentially have a life beyond the first film if the makers decide to expand its universe.
Why The Chauhaan Rights Structure Matters
The proposed arrangement shows that Jio Studios appears to be looking at Chauhaan as more than just a single theatrical release.
A reported 50% stake in the IP and derivative rights, combined with 100% exploitation rights and worldwide music ownership, gives Jio a substantial role in the property's commercial future.
For Colour Yellow, the deal brings a major studio partner into the project, while Jio gets a significant stake in a film led by one of Hindi cinema’s biggest stars.
Ajay Devgn’s Next Big Project
For Ajay Devgn, Chauhaan adds another intriguing title to an already packed slate.
The actor has several major projects lined up, and the combination of Neeraj Yadav’s direction, Aanand L Rai’s creative involvement and Jio Studios’ backing makes Chauhaan a project worth tracking.
As more information emerges regarding the film’s story, cast, production and release plans, the project is expected to attract increasing attention.
Chauhaan: The Bigger Picture
The reported rights structure positions Jio Studios as a major stakeholder in Chauhaan, with the studio set to hold 50% of the film’s IP and derivative rights while controlling its commercial exploitation and owning its worldwide music rights.
The public notice published in the August 22 issue of Complete Cinema provides the clearest available picture of the proposed arrangement.
At the same time, the arrangement should not be presented as completely finalised. The public notice states that the agreement is in the process of being formalised and invited parties with any claims, objections or interests in the proposed arrangement to submit documentary evidence within seven days of publication.
For now, the big takeaway is clear: Ajay Devgn’s Chauhaan is shaping up as a significant Jio Studios-backed project, with a rights structure that could give the studio considerable control over the film’s present and future commercial value.
Chauhaan Set To Go On Floors In December
The wait for Ajay Devgn’s Chauhaan is also getting closer to its next major milestone. As per the latest report, the action entertainer is expected to go on floors in December 2026, with preparations and pre-production already underway.
The December schedule will kick-start the film’s principal photography, putting the ambitious Jio Studios and Colour Yellow production firmly on the road towards its October 1, 2027 theatrical release.
The film is directed by Neeraj Yadav, with Aanand L Rai serving as creative director and producing alongside Jyoti Deshpande and Himanshu Sharma. Ajay Devgn leads the project, while Vikrant Massey has also reportedly joined the cast in a layered grey role.
With the December shoot now reportedly lined up, Chauhaan is steadily moving from its announcement phase into full-scale production. The combination of Ajay Devgn’s action avatar, Jio Studios’ backing and the film’s reported rights structure makes it one of the more closely watched Hindi projects targeting 2027.
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Disclaimer: This report is based on the public notice and available industry reporting. The proposed rights arrangement remains subject to formalisation and applicable processes.
