Sippy will be conferred for his outstanding contribution to films.
"To be recognized on an international platform is an honour. I am truly honoured that my work has been recognized," Sippy said in a statement. He is known for giving blockbusters like 'Sholay' and 'Seeta Aur Geeta'.
Zohra, who celebrated her 100th bithday on April 27, is an acclaimed dancer and actress, and has had a prolific career in theatre, film and dance. She will receive the special award for contribution to 100 years of Indian cinema, for her large body of work, and the impact she has had on the industry.
"Nothing gives us more pleasure than to honour these incredible individuals, who have dedicated their life to the progress of Indian cinema and the passion with which they entertain people across the globe," said Sabbas Joseph, directorfrom the production house.
"It is through their work that the Indian film industry has grown and we are honoured to be able to recognize their efforts," he added.
The three-day cine event, to be held June 7-9 in Singapore, will feature fashion shows and a musical extravaganza, with all celebrations culminating into a glittering awards presentation ceremony.