According to the university's vice-chancellor Sadhan Chakraborty, the convocation will be held at the university campus.
Renowned physicist S M Yusuf of Bhaba Atomic Research Centre will also be conferred with honorary D Sc, he said.
Since Sharmila Tagore will not be able to be present on the appointed date, the 73-year-old actor will be handed over the honour - a citation, a scroll and a memento - on a later date at a place of her convenience, the KNU VC said.
West Bengal Chief Minister Mamata Banerjee will be the chief guest at the convocation and West Bengal Governor Keshari Nath Tripathi will deliver the address as the chancellor of the institution, he said.
The Bangladesh Deputy High Commission in Kolkata is coordinating Hasina's visit, Chakraborty said.
The dignitaries will be present during the first half of the convocation, called special convocation, to be held from 11.30 am to 1.30 pm, the vice-chancellor said.
An estimated 450 students will be given the post graduation citations and 19 will be conferred rank holder university medals at the convocation, he said.
The university was established under West Bengal Act XIX of 2012 and named after poet Kazi Nazrul Islam.
The post graduate citations and medals will cover four streams - Arts, Science, Commerce and Law.
The university has 20 affiliated undergraduate colleges - all in West Burdwan district - having 42,000 students.