Eros International Media today announced its continued partnership with Sajid Nadiawala to release the third installment of the comedy franchise Housefull. Eros once again has teamed up with Nadiawala Grandson Entertainment for Housefull 3.

Jyoti Deshpande, group chief executive officer, Eros International Media said, "We share a special relationship with Sajid that goes back several decades and are excited to have Sajid back with us. What better film to start with than the third installment of the hit franchise Housefull. It promises to be a star studded laugh riot shot lavishly in the UK, Sajid Nadiawala style."

Shares of the company gained Rs 16.5, or 6.47%, to trade at Rs 271.50. The total volume of shares traded was 66,163 at the BSE (12.36 p.m., Thursday).