It was later in 1935, when the great sanyasi, freedom fighter and the prime leader of Hyderabad Mukti Sangram, an MP, came over to Ambajogai and officially established and started this institution with two objectives – to strengthen the Indian freedom movement and educate the poor Marathwada students. The main objective of this institution has been, since then Patriotism, Nation building, Education, Democracy, Secularism and Upliftment of the poor sections of the society.
The institution has grown into a large banyan tree during the last eighty years due to the honest, sincere and tireless striving of these Society authorities (Rev. Babasaheb Paranjape, Hon. Purshottam alias Bhausaheb Chousalkar, Hon. Shridhar Soman, Hon. Shivajirao Chousalkar, Hon. Adv. Trimbakrao Khursale, Dr. Vyankatrao Deshpande, Rajarampant Sonwalkar, Hon. R.D. Deshpande, Bethuji Guruji, Hon. Balirampant Kamkhedkar, Hon. E.M. Kulkarni and the existing Dr. S.T. Khursale, Adv. V.K.Chousalkar and Adv. Shivajirao Karad).