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The founder Manager of the school was Varanapallil Ummini Kunju Panicker laid the foundation of the School in the year 1920, which has now flourished enormously and is acting as a leading institution in this coastal belt. The authority to start a Sanskrit School was allowed by the then Travancore Divan Sir C.P, Ramaswamy Iyer through the initiative undertaken by Mavelikara M.L.C. Kochikkai Balakrishnan Thampi.Shri. Divakara Panicker made up the school to the high school level. Later the school was elevated to Govt Aided Higher Secondary with 4 streams in 1999 with the great leadership and contributions of shri. T.K. Rajendra Panicker. Buddha Education Centre Central School as CBSE affiliated English Medium started in  2001 and B Ed college in 2005 Under  T K Divakaran memorial Trust. With this, educational set up is transformed to a furnished group of institutions from LKG to professional courses like M.Ed, B.Ed, TTC/D.Ed within a span of time from 1920 to 2012.Buddha group of institutions are lead by eminent personalities in the field of education. All these institutions are  under T.K Divakaran Memorial Charitable Educational Trust, which is a leading trust in Kerala which has the above institution and the trustees ambitious to start more Educational Institutions beneficial for the common people.