Despite swirling rumors suggesting a direct-to-digital pivot, insiders have confirmed that Yash Raj Films (YRF) remains committed to a grand theatrical release for its first female-led spy thriller, Alpha. The film, starring Alia Bhatt and Sharvari, is currently entering its final stage of production at YRF Studios, putting an end to speculation triggered by the recent box-office struggles of other franchise titles like Mardaani 3.
Production Status: Final Schedule Underway
As of February 4, 2026, the production team is wrapping up the last leg of shooting in Mumbai.
- The Lead Cast: Alia Bhatt, Sharvari, Anil Kapoor, and Bobby Deol are all present for the final schedule, which is expected to conclude by next week.
- Theatrical Vision: Sources close to the production emphasize that Alpha has been designed as a high-octane big-screen spectacle. The decision to prioritize a theatrical rollout over an OTT deal reflects Aditya Chopra’s confidence in the film’s “shero” narrative and its position within the broader YRF Spy Universe.
Release Date Adjustments and VFX Goals
Originally slated for a Christmas 2025 release, Alpha has faced strategic delays to ensure both technical perfection and a clear box-office window.
- April 17, 2026 (Provisional): While this date was previously announced, trade analysts suggest YRF is reassessing the calendar to avoid a potential clash with Salman Khan’s Battle of Galwan.
- VFX Perfection: A significant portion of the delay is attributed to the film’s extensive post-production requirements. The makers are reportedly unwilling to compromise on the visual effects, aiming to match the global standards set by previous hits like Pathaan and Tiger 3.
Breaking New Ground in the Spy Universe
Directed by Shiv Rawail, Alpha marks a historic milestone for Indian action cinema.
- Female-Led Espionage: This is the seventh installment in the YRF Spy Universe and the first to be headlined entirely by women.
- The Antagonist: Bobby Deol is set to play a formidable villain, following his successful “menacing” streak in recent blockbusters.
- Franchise Synergy: The film follows the timeline established by War 2 and is expected to feature high-profile cameos from other super-spies in the universe, further bridging the gap between the various franchises.