The inscription states that King Kundavarma of the Alupa Dynasty installed the Lokeshwara idol in Kadarika Vihara.

It is believed[weasel words] that Parashurama who was living in Sahyadri, killed the Kshathriyas who were cruel and donated the lands to Kashyapa.

Yielding to Parashurama's prayers Lord Shiva appeared to him as Manjunatha with Goddess Parvathi and stayed at Kadri for the betterment of the world.

[5] In spite of the decline of Buddhism elsewhere, devotion to the Buddhist figures of Manjusri and Avalokiteśvara continued in this region.

[6] King Kundavarma of the Alupa dynasty left an inscription on the base of the Avalokiteśvara image stating he was devotee of Shiva.

[6] Shiv linga and Bodhisattva were worshiped together for centuries at this place until it was converted completely to a Saivite temple.

Bhandara of Malaraya Daiva is paraded from Kadri Kambala Ganada Kottige house ( G.K House kadri kambla, initiative led by DK Ashok) hasiru hore kanikey (requirements of mass feedings) is pompously carried forward.

Theertha snana is held at morning, followed by dwajasthambha arohana, lighting of kanchi sthambha, and bali uthsava on the same day.

[citation needed] Uthsava bali is held for four days, where lord Manjunatha consecutively visits four kattas in the four directions.

Devotees all over the world assemble to seek the blessings of lord Shree Manjunatha and to be a part of the grand ceremony.

Procession of the bhandara from temple to kadri hills where nemothsava is held in the daivasthana for Malaraya and bhanta daiva.

Under the guidance of Sudhakar rao Pejawar and mallika kala vrinda, cultural programs are held daily during the annual festival.