The event will be held during his show in Kuala Lumpur today.
The past winners of this award include Shah Rukh Khan, Udit Narayan, Sonu Nigam, Alka Yagnik among others.
Photos: Shah Rukh Khan, Deepika Padukone, Alia Bhatt at an awards show
Photos: Big B, Iulia Vantur at Himesh Reshammiya's album launch
Photos: Aamir Khan with 'Dangal' actresses at fashion show
Spotted: Twinkle Khanna, Shriya Saran at an event in Mumbai
Andrew Flintoff's birthday: 10 players who entered different sports