the weariness of the heat of birth (and death) is driven away
अहम्aham
I
प्राप्तवान्prāptavān
have attained
क्षणात्kṣaṇāt
in a moment
अखण्डakhaṇḍa
unbroken (infinite)
वैभवvaibhava
eminence
आनन्दम्ānandam
bliss
आत्म–पदम्ātma–padam
the state of Brahman
अक्षयंakṣayaṃ
eternal
Translation
I am blessed, accomplished and freed from the evil spirit named birth. I am of the nature of infinite bliss and infinite, by your grace.
Annotation
The word ‘dhanyaḥ’, originating from ‘dhana’ can also mean one who is fulfilled. The word ‘accomplished’ means that the highest goal, liberation, has been achieved. The word ‘graha’ can refer to the evil planet Rahu who captures the Sun or it also refers to a crocodile grabbing a person and dragging him into saṃsāra, as we see in the episode of the elephant, Gajendra, in the Srimad–Bhagavatam.