Thiruvananthapuram, Dec 7 (PTI): Two-and-a-half years after he met with a crippling road accident that cut short his career, veteran Malayalam film actor Jagathy Sreekuamar was today awarded Rs 5.90 crore by a private insurance company as compensation.

The documents regarding the award of compensation was handed over to the wheelchair-bound actor at his residence here by top officials of the insurance company.

The actor and his family members had earlier clinched an agreement with the insurance company at an Adalat conducted by the District Legal Services Authority.

Jagathy met with a major road accident while travelling in a car at Thenhippalam near Kozhikode in March 2012, when he was on his way to a shooting location at Kodagu in Karnataka. This followed prolonged treatment in hospitals in Kozhikode and Vellore in Tamil Nadu.

The mishap cut short the career of the 63-year-old actor, who stole hearts of Malayalis through his comedy and character roles. He has acted in over 1500 films and was considered a vital ingredient to box office success since the 1980s.

Though he recovered from the injuries, he has since then been confined to his home moving on a wheel-chair.