President of the Iran's National Olympic Committee (NOC) Kioomars Hashemi, London Olympics silver medalist Ehsan Hadadi, Rasoul Khadem, president of Iran Wrestling Federation and a number of Iranian sports officials attended the ceremony.
Takhti was born in Tehran on August 27, 1930 and was found dead in a hotel room on January 7, 1968. He was laid to rest at Ibn-e Babouyeh cemetery in southern Tehran where he is commemorated every year by the Iranians.
Takhti won the gold medal in the 1956 Olympic Games in Melbourne, Australia, after defeating Boris Kulayev from Soviet Union in the final match.
He also claimed two Olympics silver medals in 1952 Helsinki and 1960 Rome. Takhti won two World Championships gold medals in 1959 Tehran and 1961 Yokohama.
The free-style wrestler has also seized a gold medal in the 1958 Asian Games held in Tokyo, Japan.