The artwork by Menon, one of India's foremost women modernists who is known for constantly experimenting with her art, is estimated at Rs 20 - 30 lakhs.
The auction, featuring leading modern and contemporary Indian artists spanning 20th and 21st century Indian art, will be led by one of Manjit Bawa's 1973 oil on canvas works typically characterised by his flat colours and supple figures.
"The auction presents an exciting opportunity to acquire works spanning 20th and 21st century Indian art.
"The lots on offer are in the spectrum of Rs 20,000 - 40 lakhs, affording new as well as seasoned buyers the opportunity to acquire artworks at various price points," Hugo Weihe, CEO of Saffronart said.
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The sale will also feature an oil on board painting by Sailoz Mukherjea depicting a confluence of Bengal School and European techniques. The work is estimated at Rs 12 - 15 lakhs.
A few paintings by modernists at more accessible price points will also on offer.
Two works on paper by Jamini Roy will be offer at an estimated price of Rs 1.5 - 2 lakhs.
Also on auction will be contemporary artists including Sujata Bajaj, Rekha Rodwittiya, Farhad Hussain, Varunika Saraf, Manisha Gera Baswani, Rajesh Ram, Chitra Ganesh, Reena Saini Kallat, Sudhanshu Sutar, T V Santhosh and Riyas Komu.
A print by Chitra Ganesh, known for her digital prints recalling diverse cultural references ranging from comics to mythological narratives, will be on offer at Rs 1.6 - 2.24 lakhs.
The auction will be held online on storyltd.Com (a shopping and auction platform by Saffronart).
Disclaimer: No Business Standard Journalist was involved in creation of this content