Vasavi Vidya Trust was formed by Seven Executive Trustees and with ten members in Salem. The name of these Executive Trustees are Thiru O.V.S. Pandurangan, Thiru.R. Balakumar, Thiru.G. Manikkam Chettiar, Thiru. S.A.V.R. Krishnan, Thiru. Ayannan, Thiru.S.C.Natarajan, Thiru. N.Vittaldas. The name of ten members are Thiru.P.V.Jeganathan Chettiar, Thiru.B.Ramamoorthy Chettiar, Thiru. K.S. Kothandaraman Chettiar, Thiru. S.N.Venugopal Chettiar, Thiru. A.Lakshmi Narayanan, Thiru. R.Nirmal Prakash, Thiru. R.Balasami Chettiar, Thiru. R.Navaneethem Chettiar, Thiru. V.N. Geetha Krishnan, and Thiru. T.M.Bangaru Chettiar.

The Vasavi Vidya Trust was hosted a Conference On 12-4-1989 in Salem and decided to start a value-based School in Salem district. At that time Thiru. O.V.S. Pandurangan held the post of Chairmanship, Thiru.G. Manikkam Chettiar held the post of secretary and Thiru. S.A.V.R. Krishnan held the post of Treasurer for Vasavi Vidya Trust. The Trust consists of 205 members in and around the TamilNadu State.

In the Vasavi Vidya Trust, magnanimous people were willing to endorse value based higher education Institution to the student community by starting a new College in Salem city, instead of starting a new School since most of the Private Schools have already been functioning by Vysya community people for the past 100 years. A final decision was taken in the conference on 06-07-1989 to start a college in Salem district. For that purpose a land was registered on 02-11-1989 at Masinaickenpatty Village Ayothiapattinam, in Salem city. On 25-01-1990 foundation was laid for the construction of Higher Education Institution by the Trust.

The Proposal was submitted to the Education Department as well as to Madras University for the sanction of a new College in Salem city. The proposal was accepted and sanction accorded in Government orders No. 762/1990 Dated 06-06-1990 to start a new self financing College. The former honourable Chief Minister of TamilnaduThiru.M. Karunanithi inaugurated the College on 29-07-1990. Periyar University was started in 1998 and there upon this college was affiliated to Periyar University, Salem District.