वेशोयशआदेर्भगाद्यल्

Operational rule vidhi

The affix थल् comes in the छन्दस् (Vedas) with the force of मतुप् after the word भग having the words 1. वेशस् or 2. यशस् in the beginning.

Word by word (padaccheda)

Left context वेशस्- यशस्- आदेः pañcamī · ekavacanaLeft context भगात् pañcamī · ekavacanaSubstitute / term यल् prathamā · ekavacana

Left context Pañcamī (5th case): "after X", the operation applies to what follows (1.1.67 तस्मादित्युत्तरस्य). Also used for limits and sources.
Substitute / term Prathamā (1st case): in operational rules, the substitute or the thing introduced; in definitions, the term or its referent.

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Full reading

वेशस्-यशस्-आदेः भगात् यल्

Pāṇini leaves out words that carry over from earlier sūtras. Expand to see the rule as a reader actually understands it.

Commentary

The affix थल् comes in the छन्दस् (Vedas) with the force of मतुप् after the word भग having the words 1. वेशस् or 2. यशस् in the beginning.
The ल् of यल् shows that the accent falls on the vowel preceding the affix 6.1.193. Thus वेशोभगो विद्यते यस्य स = देशोभ꣡ग्यः 'strong-fortune' so also यशोभ꣡ग्यः 'famous-fortune'. The word वेश means strength': भग means 'fortune, desire, effort, greatness, virility and fame.' The word वेशोभगः may be taken as a Dvandva compound of वेशस् 'force' and भगः 'fortune.' The word वेशोभग्यः would then mean 'possessed of power and fortune.'

Śrīśa Chandra Vasu, The Ashtadhyayi of Panini (1897), via ashtadhyayi.com.