An "awards banquet" is an event where people gather to give recognition and honor to individuals or groups who have achieved recognition or excellence in a particular field. Full definition
For most attendees, activities begin at 7:30 a.m. with breakfast and end around 10:00 p.m. after dinner with business associates or an industry awards banquet. (sema.org)
It is intended that the award be announced and presented at the club's annual awards banquet. (swedishvallhund.com)
For after - work, I knew I'd be attending a formal awards banquet. (youfrillme.com)