Kapoor, 77, has worked in movies like "Deewaar", "Namak Halaal", "Satyam Shivam Sundaram"," Suhaag" apart from doing English film projects including, "The Householder, "Shakespeare Wallah" and "Muhafiz".
"We are proud and happy that the Lifetime Achievement Award this year is to be presented to Shashi Kapoor who has enriched the cinematic medium through his vast and wide range of contribution as an actor and producer and has patronised good cinema.
"It is an honour that he has kindly consented to receive this award," Manoj Srivastava, Strategic Consultant, Jagran Film Festival, said.