The Mangeshkar clan -- led by Lata -- honours artistes to commemorate their father Pandit Dinanath Mangeshkar's death anniversary every year.
This year, the award will be bestowed upon Ranveer at a function to be held in Pune on April 24.
"Ranveer is a very good actor and seems to be a very positive human being. He spreads happiness wherever he goes. We are happy to give this annual award, named after our father, to Ranveer," Lata Mangeshkar said in a statement.
Ranveer made his Bollywood acting debut with "Band Baaja Baaraat" in 2010. He went on to feature in hit films like "Goliyon Ki Raasleela Ram-Leela" and "Lootera".
