It was on October 6, 1935 that Smt. Ratan Shastri and Pandit Hiralal Shastri founded Banasthali to fill up the vacuum caused by the sudden death of their highly talented and promising daughter Shantabai. They had high expectations that she would work for women's cause when she would grow up. But destiny ordained otherwise.
Thus, Banasthali owes its existence neither to the zeal of an educationist, nor to that of a social reformer. It is also not the creation of a Philanthropist's purse. It has arisen like the fabled phoenix from the ashes of a blossoming flower Shantabai.
