Life's Good, starring actor Jackie Shroff, will be released on 10 August, the film's makers announced on Tuesday (15 May).
It delves into a subject which explores the relationship between Shroff's character and a six-year-old girl who suddenly comes into his life and ends up changing his outlook towards everything.
Presented by Jayantilal Gada and Anand Shukla, Life Is Good also stars Suneeta Sengupta, Darshan Jariwala and Mohan Kapur.
It will clash with Irrfan Khan's Karwaan at the box office.
Meanwhile, Shroff has been roped in for the Indian adaptation of the British television drama series Criminal Justice. It will be helmed by Tigmanshu Dhulia.