Ladies vs Ricky Bahl reunites the actors, following the success of their 2010 release Band Baaja Baaraat.
A source for Yash Raj Productions revealed: "Ladies vs Ricky Bahl is a fun-filled rom-com where a smooth and charming conman, Ricky Bahl, cons girls for a living but finally meets his match."
The film, which is produced by Aditya Chopra and directed by Maneesh Sharma, also features Parineeti Chopra, Dipannita Sharma and Aditi Sharma.
Anushka Sharma has had an unbroken string of hits since her Bollywood debut opposite Shah Rukh Khan in Rab Ne Bana Di Jodi.
The film is scheduled to release December 9, exactly a year after their previous YRF project.