The 26-year-old actor will be bestowed with the honour on the closing ceremony of the fest at the Grauman's Chinese Theatre with its own awards show before the Oscars, confirmed The Hollywood Reporter.
At the opening event of the awards, the Garth Davis-directed film bagged the honours for best film and best young actor for the eight-year-old, Sunny Pawar.
Patel and Pawar played the elder and younger version of Saroo Brierley, an Indian man who is separated from his family in childhood and grows up in an adopted family in Australia, finally traces his journey back to find his roots.
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