In a statement shared on its website, the Academy late Tuesday night said the list includes artists and executives who have distinguished themselves by their contributions to theatrical motion pictures
'Summer of Soul' is about the marginalised people in Harlem that needed to heal from pain, according to its maker Ahmir Thompson.
The 9,900-member Academy of Motion Picture Arts and Sciences condemned Smith's actions and said it was reviewing the matter.
Catch live updates of the winners list here.
The movie 'CODA' has won all the three awards for which the movie was nominated: The Best Adapted Screenplay, the Best Actor in a Supporting role and The Best Picture.
The absence of two of Indian cinema's giants from the Oscars ceremony was a glaring one, especially after BAFTA honoured Mangeshkar and Kumar earlier this month.
Ganesh Nair's Karma Nuts is one of the several items in the gift bag, which range from high-end snacks to a $ 15,600 four-night stay for two at a luxury resort, is priced at $ 9.49.
Smith has been nominated twice before, for 2001's 'Ali' and the 2006 movie 'The Pursuit of Happyness.'
Smith strode to the stage and landed a punch on Rock after the comedian cracked a joke about his wife Jada Pinkett-Smith.
Coppola, 82, praised the 'legends' who made 'The Godfather' a reality years ago.