After vacating June 4, is Toxic eyeing an Independence Day release?

The makers of a Yash-starrer film have postponed its release for the third time. The film was initially scheduled to be released on March 19, then on June 4, but now no release date has been declared. The makers are considering releasing the film in the Independence Day week, either on August 13 or August 14, as it is an ideal period for a huge global release.