"I am honoured and humbled by the recognition. I would like to thank my fans for all the love and support they have given me," she said in a statement on Saturday.
Sridevi made her comeback after a gap of 15 years with 'English Vinglish', which released in October last year.
The film, directed by debutante Gauri Shinde, saw the versatile actor playing the role of a simple housewife and her aspiration and struggle to learn English.
The 49-year-old has worked in Tamil, Telugu, Malayalam, Kannada and Hindi cinema.
Sridevi entered cinema as a child artiste in Tamil film 'Kandan Karunai' in 1967. She came to Bollywood first as a child artiste in 1975 with 'Julie' and her first adult role was in 'Solva Sawan'.
Thereafter, there was no looking back for Sridevi. She gave memorable performances in films like 'Sadma', 'Mr India', 'Chandni', 'Chaalbaaz', 'Lamhe', 'Khuda Gawah' and 'Judaai', among others.