Bollywood megastar Shah Rukh Khan is taking part in an art auction to celebrate the 60th anniversary of Indian Independence.

The Art For Freedom event, being held at Bonhams in London tonight, features work by established Indian masters and a newer generation. Many of the canvasses are a collaborative effort between top Indian artists and high-profile Indian and British personalities.

Bonhams said the highlight of the star-studded event will see "two of India's biggest cultural brands", legendary modern artist, 92-year-old M F Husain and Shah Rukh, paint on a blank canvas alongside each other.

This painting will be sold as it dries, to the highest bidder from among the art collectors, politicians, celebrities and industry magnates present.

Proceeds of the sale will go towards Tehelka, a media brand in India which is strongly associated with independent reporting, and is not aligned to any political party or business house.