p. 279
आचार्येणात्मकृतं विजानन् ज्ञात्वा चार्थं भावितोऽस्मीत्यनेन ।
In plain words
He sees what the teacher has done for him, he has grasped the meaning, and he thinks: this is the one who made me what I am —
Close to the Sanskrit
Knowing what has been done for himself by the teacher, and having known the meaning, thinking thus: 'I have been brought into being by this one' —