The event will start at 07h00 at the venue, which was formerly known as Seisa Ramabodu Stadium and re-opened in October last year after being closed for renovations in 2011.
Celtic honorary president Dr Rantlai Petrus Molemela told the club's website: “No words can express my joy and I continue to thank the government (Provincial and Mangaung Municipality) for honouring me.
“I also appreciate the efforts made by Bloemfontein Celtic in making sure we collectively work as a team together with the Ramabodu family in this process.
“The ceremony is all about accepting the honour bestowed upon me and the Ramabodu’s officially giving way for the usage of the Molemela name at the stadium through a cultural session that will allow the entire community to come and celebrate.”
He added: “Celtic has a unique culture of doing things and we had to wait for the name to be officially changed from Seisa Ramabodu to Dr. Molemela before we can rejoice culturally.
“The spirit of togetherness must run through the veins of every member of the family. With this amazing spirit, the future really looks good for the team.”