M V Devan was given the first Malayatoor Fine Arts Award for his contribution to the growth of fine arts, 2001
F ellowship of Kerala Lalit Kala Academy , 1985
Fellowship of Chennai Lalit Kala Academy, 1985
Critics Award, 1992
MKK Nayar Award, 94
Vayalar Award, 99

Other positions:

Director, Malayala Kalagramam, New Delhi
Editor, Kaladarpanam