It is the first time that 28-year-old Malik, who is a 2018 Commonwealth Games gold medallist, has made the cut for the Olympics.
Amit Dhankar's last big performance was a silver-medal show in 74kg at the 2019 Asian Championship held in Xian, China.
The tournament, to be held in Sofia, Bulgaria from 6-9 May, will be the last qualifying event before the Tokyo Games.
National wrestling champion Sandeep Singh Mann books 74kg slot for next month's Asian Olympic Qualifiers
The 74kg being the most competitive category, bouts were close despite the absence of two-time Olympic medallist Sushil Kumar, who opted to skip trials, saying he was not prepared.
Double Olympic medallist Sushil Kumar to return to action in Wrestling Federation of India's trials ahead of World Championship
The WFI will conduct trials for the remaining non-Olympic categories where the winners will travel to Kazakhstan for the World Wrestling Championship
Asian Wrestling Championships 2019: Amit Dhankar, Vicky win silver after losing finals; Rahul Aware clinches bronze in 61kg event
Amit Dhankar clinched a silver medal while Rahul Aware won a bronze as Indian wrestlers continued their impressive performance at the Asian Championships.
Senior National Wrestling Championship: Amit Dhankar, Mausam Khatri, Rahul Aware claim gold; Deepak Punia wins bronze
Dhankar, former Asian and Commonwealth Champion, mixed his aggressive tactics with solid defence en route to his seventh National title in the men's freestyle competition.
Asian Games 2018: Wrestler Sandeep Tomar qualifies for mega-event; Rahul Aware opts out of trials due to knee injury
In the most exciting bout of the day, Sandeep, the 2016 Asian Championship winner, trailed Utkarsh 2-4 after the first round and drifted further with Utkarsh creating another two-point move in the beginning of second round.
Commonwealth Championship silver medallist Parveen Rana fought his way to a hard-earned victory to help Veer Marathas win the battle between two Maharashtra teams in the Pro Wrestling League on Wednesday.
Haryana were on top right from the onset and blocked the dangerous Levan Berianidze of Armenia in the 125 kg after they won the toss.
World Wrestling Championship 2017: Bajrang Punia falters on final day as India end campaign medal-less
Bajrang Punia misses out on bronze medal play off loses 3-8 as Indian wrestlers end the World Wrestling Championships without any medal second year in a row
World Wrestling Championship 2017: Sakshi Malik, Bajrang Punia are India's biggest medal hopes in Paris
With their eyes firmly trained on winning medals, Olympic medallist Sakshi Malik and Asian champion Bajrang Punia will spearhead the Indian challenge at the World Wrestling Championships
Jaipur Ninjas registered a narrow 4-3 win over UP Dangal to book a berth in the semifinals of the Pro Wrestling League Season 2 at the K D Jadhav Indoor Stadium in New Delhi on Thursday.
Defending champions Mumbai Maharathi defeated UP Dangal 5-2 on day six of the Pro Wrestling League Season 2 at the K D Jadhav Indoor Stadium in New Delhi on Saturday.
Rio Olympian Sandeep Tomar, Amit Dhankar and Satyawart Kadian on Saturday bagged gold medals in their respective men's freestyle categories at the Commonwealth Wrestling championships in Singapore.
In the freestyle 65kg on Friday night, Dutt overcame Dhankar (66kg) 7-2 in the final that was billed as a grudge encounter and saw the attendance of over a 1000 lusty, cheering fans.
PWL: Dhankar stuns World Championship silver medallist Ikhtiyor as Mumbai becomes first team to enter semis
Captain Adeline Gray and Giorgi Sakandelidze barely broke a sweat in winning their respective bouts while Amit Dhankar stunned world championship silver medallist as Mumbai Garuda became the first team to qualify for the Pro Wrestling League semifinals with a comprehensive 5-2 win over Dilli Veer.