The second installment of the "Student Of The Year" franchise, starring Tiger Shroff, will release on November 23.

Karan Johar, who is bankrolling the movie under his production banner Dharma Productions, says that two new leading ladies for the film will be announced in February.

RECOMMENDED READ: Karan Johar denies rumors of roping Manushi Chillar for SOTY2

"'SOTY 2' will release worldwide on November 23, 2018! The two new leading ladies will be announced next month! The franchise forges ahead under the baton of director Punit Malhotra. Fox Star Hindi, Apoorva Mehta, Tiger Shroff," Karan tweeted.

https://twitter.com/karanjohar/status/956222163480031232

"Student Of The Year", which released in 2012, was directed by Karan. The film introduced three new faces Alia Bhatt, Varun Dhawan and Sidharth Malhotra.