MUMBAI: The second part (yet untitled) of Ashok Pandey‘s critically-acclaimed film Phas Gaye Re Obama is being helmed by Anshul Sharma. He replaces Subhash Kapoor who directed the original.

Confirming the news, producer Ashoke Pandey said, "Without giving away the plot at this early juncture, I would like to say that the story revolves around issues we face in day-to-day life, quite similar to what you have seen before. While Phas Gaye Re Obama was a satire on how the ripple effect of a recession hit America was felt in rural India too, the sequel too will be a satire on similar lines."

Sharma, who had earlier worked as an associate director to Kapoor Pandey, said: "Yes, Anshul Sharma is directing the film. We had to come to this decision because Subhash is busy with something else right now and our timings didn‘t match."

The original had Rajat Kapoor, Neha Dhupia, Sanjay Mishra, Manu Rishi and Amole Gupte in the lead roles. The sequel has retained almost all the entire cast from the original except for Dhupia and Kapoor.

The film, 50 per cent complete, is expected to hit the theatres in summer 2012.