I was able to achieve this using runauthliststatussummarization method of class sms_authorizationlist.
Code sample is as follows..
$sccmserver = “SMSServerName”
$ci_id = (get-cmsoftwareupdategroup -name ‘Sugname’).CI_ID
$smsauthclass = Get-wmiObject -ComputerName $sccmserver -Namespace root/sms/site_xxx -class SMS_authorizationlist -list
$smsauthclass.RunAuthListStatusSummarization($ci_id)