The honour, which comprises a purse of Rs one lakh and a citation, is hosted by Kerala State Chalachitra Academy.
A multiple national and state award winner, Sasi has directed around 150 films in a number of languages over an illustrious career spanning four decades.
After starting out as an art director of films, he made his name with a series of memorable movies that enjoyed both commercial success and critical acclaim, an official release said here today.
The J C Daniel award is a state Government honour conferred annually in recognition of an individual's outstanding achievements and contributions to Malayalam cinema.