Directed by Tony D'Souza, the film traces the journey of the former skipper's career and his personal life, which have witnessed many ups and down.
Actor Emraan Hashmi will essay the titular role.
The film producer Ekta Kapoor said will show three key aspect's of the cricketer's life - Khuda (God), marriage and the match-fixing controversy.
"The three important phases of my life will be seen in the film. They will be showing all the phases correctly. If I had an objection I wouldn't have said yes. I have read the script and they have taken my inputs as well, so I don't have any objection," Azharuddin said here at the teaser launch of the film today.
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Azharuddin, who was one of India's most successful captains, kicked up a major controversy after his name cropped up in a high-profile match-fixing case. The ICC and BCCI banned Azharuddin for life, following a CBI inquiry into the case.
On the match-fixing episode, Azharuddin said, "It is very hard for me to say about it right now. Once you see the film you will get the right perspective."
He revealed Hashmi has been his favourite actor and said the actor will be known as Azhar only once the film is out.
He said audience, who relates Hashmi with kissing scenes, will get see the actor's acting skills.
The former cricketer made headlines with his link-ups with former model and actress Sangeeta Bijlani, whom he later married in 1996 after divorcing his first wife Naureen.
Azharuddin and Bijlani separated in 2010.