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The fantasy 3D film was initially slated for release last year but was delayed due to post-production work.
Jyothika who played Mathew Devassy’s wife Omana in 'Kaathal' was honoured with the Best Actress Award, while filmmaker Jeo Baby who helmed the movie was adjudged best director.
The veteran Mollywood actor responded to Shah Rukh Khan's post on X.
Adding to the excitement, Mohanlal also treated the audience to a performance on Rajinikanth's iconic song 'Hukum' from the movie 'Jailer'.
In a playful exchange, Mohanlal asked her if she would like to accompany him, to which she initially declined.
Taking to his official Twitter handle, Mohanlal offered fans a glimpse behind the scenes of 'L360' as filming commenced.
In the past few years, Nivin hasn't had a string of successful releases, with films like 'Ramachandra Boss & Co' and 'Thuramukham' failing to make a mark at the box office.
Actors like Sreenivasan, Balachandra Menon, Bindu Panicker, and Kunchacko Boban were among the distinguished guests who celebrated the joyous occasion.
Noted writer R Ramanand accompanied actor Mohanlal on a trek to Kodachadri in Karnataka and in a detailed online post, he shared the experiences as well.
The two have acted in several iconic films, including Thenmavin Kombathu, Pavithram, Valanakalude Naadu, Manichithrathazhu.