The Third Convocation was organized during the period 5-11 January, 1999. On this occasion Saptaparni programme was observed which included Saraswata Ishti. Shardiya Jnan Mohotsava, Vyakhyanamala, M.M. Pt. Pattabiram Shastri Vyakhyanamala, inauguration of second batch of Paurohitya training course, Youth festival, Kavya Goshthi (Sanskrit, Prakrit, Hindi) and drama festival. Convocation speech was delivered by HRD Minister, Dr. M.M. Joshi. Prizes were also distributed on this occasion by Dr. Lakshmi Mal Singhvi, former Ambassador to Britain. Honorary title of Mahamahopadhyaya was conferred on Prof. Govind Chandra Pandey (U.P.), Prof. Heramb Chatterjee, (West Bengal), Prof. Shri Ram Chandudu (A.P.), Dr. Mandan Mishra (Rajasthan), Dr. Bhuvan Chandra joshi (U.P.) and honorary degree of Vachaspati was conferred on Sh. P.C. Deosia (Kerala), Dr. Lakshmi Lal Singhvi (Delhi), Vaidya Sh. Devendra Triguna (Delhi) by the Chancellor.