The lower right hand holds a mhalunga (a citrus fruit), in the upper right, a large mace (kaumodaki) with its head touching the ground, in the upper left a shield (khetaka), and in the lower left, a bowl (panpatra). In Her four hands, the deity of Ambabai holds objects of symbolic value. The crown contains an image of the nag ling and yoni,the symbols of kal (the time) purush (the creater) and prakruti (the origin of universe). He with a view to ensure the prosperity of his king-dom, The Sanskrit inscription on a stone tablet in the wall of the house of Annacharya Panditrao, now in the town hall museum says,'The great Kind Bhojadeva was reigning peacefully with pleasing conversation at Panhala in 1190. A stone lion, the vahana of the goddess, stands behind the statue. The Shri Yantra is carved on one of the corner oposite to mahakali in the temple primises. Mounted on a stone platform, the image of the four armed and crowned goddess is made of sandstone.The image of Mahalaxmi carved in black stone is 2feet 8.5 inches in height. The temple takes its name from Ambabai/Mahalaxmi,and it is believed that the divine couple reside in the area.The temple belongs architecturally to the Chalukya empire and may have been first builtin circa 700 AD.
