MAAC hosted its 20th edition of 24FPS Awards - International Animation Awards in December 2023. Stalwarts from the Media & Entertainment Industry attended the grand celebration that witnessed a host of incredible talents from different parts of the world with this event. With over 6000+ student participation in over 35 categories; this mega event witnessed an audience of over 1800 from across the country.

The esteemed jury panel at the 20th edition of the awards jury panel comprised of senior personnel from top production houses and institutions such as IDC (IIT Mumbai), yFX(a division of Yash Raj Films), ReDefine, DNEG, Industrial Light & Magic (ILM), NYVFXWaala, Studio, Eeksaurus, 88 Pictures, Technicolor amongst many others. Studios like Industrial Light & Magic (ILM) was awarded for its outstanding contribution to VFX in Media & Entertainment and Vaibhav Kumaresh, representing Vaibhav Studios was honoured with Animation Impact Excellence Award.