In plain words
The poet, of Vēṅkaṭam: Vēṅkaṭam, where the hill women who know no place but that one hill climb and play with their hands bright with lovely bangles, while the beautiful bamboo rises to the moon, defeats Rāhu and frees the shining moon from its eclipse: that is the place of the Lord of the ever-young hosts [his eternal attendants] of the world above [Śrīvaikuṇṭham].