Goaded by Deepika, Naseeruddin and the group decide to go look for Fanny.
The film has been written and directed by 'Cocktail' and 'Being Cyrus' filmmaker Homi Adajania.
The trailer for 'Finding Fanny' was released in the wee hours of Tuesday.
The trailer is in English, but we can see in the end credits that the film will be released in English as well as in Hindi on September 12, 2014.
Homi Adajania returns to the big screen with an English/Hindi film 'Finding Fanny' starring a bevy of stars in pivotal roles.
The Hindi/English film pairs Deepika opposite Arjun Kapoor for the first time.
The film is a satire in based in Goa which features Deepika Padukone, Arjun Kapoor, Naseeruddin Shah, Dimple Kapadia and Pankaj Kapur in key roles.
From what we can understand from the trailer, the film revolves around 5 oddball characters in Goa.
Naseeruddin Shah, who plays the character of a postman, is still pining after his long-lost love, Stefanie "Fanny" Fernandes.
But there's a problem. No one has any idea about her whereabouts - or even the knowledge that she's real or a figment of the eccentric old man's imagination.