The award instituted by P Bhaskaran Foundation in memory of the renowned poet and film maker, would be presented at a function on February 25, Indrababu, Jury chairman, told reporters.
Jagathy is currently hospitalised at Vellore in Tamil Nadu, recuperating from the injuries he suffered in a road accident last year.
The Foundation's special awards went to senior actors G K Pillai, Kaviyoor Ponnamma, Jagadish, Vijayaraghavan and Maniyanpilla Raju.
Girish Puliyoor's collection of poems "Orikkal nee enne vilichunarthanam" was selected for the poetry award.
In the film awards section, 'Ustad Hotel', directed by Anwar Rasheed, was chosen as the best film of 2012 and Lal Jose was adjudged best director for his film 'Ayalum nhanum Thammil'.
Other winners were Dileep (best actor), Reema Kallingal (best actress), Dulquer Salman (debut actor), Namita Pramod (debut actress), Murali Gopy (story), Indrajith, Mythili (special Jury prize), Anjali Menon (script) and Azhagappan (cinematography).
The Foundation's media award was won by Asianet Chief Editor T N Gopakumar. Journalists Jayan Menon, Anil Nambiar, Jayasankar, Lakshmi Nair, Ranjini Jose, Kollam Mohan, Aji M Noohu and C P Ajitha got media awards in various categories.
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