Cinestaan Film Company (CFC) has acquired rights to the film that will focus on Amritraj's career, his personal life and philanthropic activities.
Amritraj achieved many firsts as a tennis champion. He has also acted in two Hollywood films - "Star Trek" and "Octopussy"- which were global hits.
"Parents love, compassion, dedication and hard work under the most trying circumstances can make a child's dream come true even if he or she is nowhere near good enough in anything. I am humbled that Cinestaan Film Company would want to tell my story," Amritraj said in a statement.
"I've always felt beyond blessed to have my greatest hero and my father be the same person. I am excited to bring this story to the big screen," Prakash said.