The DMK has convened a meeting of its newly elected MLAs-designate at the residence of party president MK Stalin on Thursday.
The meeting comes in the wake of a changed political atmosphere, with its once-trusted ally, the Congress, opting for a post-poll alliance with the fledgling TVK, while its other allies, the VCK and the Left parties, are set to meet with the DMK chief to discuss whether to extend support to the Vijay-led party in government formation.
The Dravidian major, which won 59 seats in the April 23 election, is likely to elect party youth wing secretary Udhayanidhi Stalin as the legislature party leader and also focus on its role as the opposition in the Assembly, a source in the party said.
However, with certain media reports indicating that the DMK and AIADMK may consider joining hands to form a government by overtaking actor-turned politician Vijay's TVK, which has 108 MLAs, political observers termed it "speculation".
Despite TVK chief Vijay's visit to Raj Bhavan on Wednesday and a subsequent visit on Thursday to stake claim to form the government in Tamil Nadu, Governor Rajendra Vishwanath Arlekar has so far not invited the party to form the government.
"This is the only reason certain media started to speculate that DMK and AIADMK would jointly form the government. Do you think it is possible?" questioned former MP and AIADMK leader PKC Palanisamy.
He told PTI that "even if there is a possibility of a tie-up between DMK and AIADMK, both will face severe consequences in allocating ministerial posts. Who will be the chief minister? That would be a big question mark."
Palanisamy also pointed out that several leaders in both the DMK and AIADMK would not accept the tie-up.
Satyalaya Ramakrishnan, a senior political commentator, said, "There were no talks between the leaders of both parties (AIADMK and DMK). How come the media could circulate this?"
Stating that the reports were "mere" speculation, he said there was no chance that both Dravidian majors would tie up and form a government in the state.
A senior DMK functionary, V Madhivanan, said: "Our senior leaders will not accept it, and there is no attempt for any patch-up."
"If there is any possibility of a tie-up, senior leaders of both parties would have spoken soon after the results."
He said that since the TVK is the single largest party, it is quite obvious that the governor should invite Vijay to prove his majority after forming the government. "This is a constitutional right."
K Villvam, a Chennai-based AIADMK leader, recalled a failed attempt in the late 1970s to bring together AIADMK founder MG Ramachandran and DMK president M Karunanidhi.
"The AIADMK will not even try to join the DMK to form a government since both parties' ideology and policies are different," he said, adding, "even if there is a possible tie-up, it will not last even one week after forming the government."