Besides the honour, Sreejesh will also be awarded a cash reward of Rs 3 lakhs.
It is the highest honour for any athlete in Kerala at the state level.
The award was given in a public meeting presided over by Kerala's Minister of Sports Thiruvanchoor Radhakrishnan at the Mascot Hotel in Trivandrum.
The award was given to the Sreejesh was Kerala Chief Minister Oommen Chandy.
"This is a moment of pride and joy for me to be bestowed with such an honour. I would like to thank the Kerala Sports Council for considering me worthy enough of such a high honour. I hope I can keep up the good work and prove to be a source of inspiration for the upcoming athletes in the state," Sreejesh said about the honour.