MUMBAI: After releasing Singh Is Bliing last year, Pen India will now be co-producing Ajay Devgn's directorial film Shivaay, which is all set to have a Diwali release this year.

Speaking about the association with Shivaay, Pen India MD Dhaval Jayantilal Gada said, “Shivaay is a very ambitious project and is being made with grandeur and on a large scale. We are very proud to be associated with Ajay Devgn's Shivaay and are sure the film will be a visual delight for the cinegoers.”

Eros International, Pen India and Ajay Devgn Ffilms' Shivaay stars Devgn and Sayesha.