The mutt at Kadoli was constructed around 300 years ago and it is being maintained even now with all religious rituals and functions under the guidance of present seer Gurubasavaling Swamiji.
Sri Gurubasavaling Swamiji is the eighth Pontiff to the peetha (Religious Throne) who is young and energetic is an M.A. in Sanskrit from Banaras Hindu University. He has vast spiritual knowledge, studied various books on Vedas, great administrator with a farsighted vision. He is very fluent in Kannada, Marathi, Hindi, English and Sansksrit.
After taking over the Peetha he has actively devoted himself in the overall development of mutt and its properties with welfare of the society in mind.