 He also received the fellowship of the academy as well as the fellowship of the Chennai Lalit Kala Akademi.The other honours received by Devan include the Critics Award and the M. K. K. Nair Award.On the occasion of his first death anniversary, an event was organized in Kochi, "Remembering Devan", which featured several lectures and an exhibition of Devan's paintings as well as the works of some of his contemporaries including Tyeb Mehta, F. N. Souza, K. K. Hebbar, Laxma Goud, Bhupen Khakhar and Akbar Padamsee.