The showstopper looked stunning in her Boho avtar walking for designer Tarun Tahiliani.
The auction will also feature works of M F Husain, as well as early works by masters Tyeb Mehta and Francis Newton Souza.
Modernist painter Tyeb Mehta's work Blue Painting sold for over Rs 11 crore (1.1 million pounds) at Sotheby's London auction, which grossed Rs 46.4 crore (4.6 million pounds), the highest total of the season for any sale in this category.
India's women artists, says Kishore Singh, look at politics and society and want to provoke reactions on issues based on their inheritance and understanding of gender, class, caste and environmental disparity.
"I am there to support the cause of ex-servicemen because I am an ex-servicemen's daughter," Singh's daughter Mrinalini was quoted as saying.
Friends and colleagues pay rich tributes to the "charming, approachable, and very accessible" Indian Constitution scholar Granville 'Red' Austin.