tasya-of Lord Indra; asan-situated; sarvatah-all around; devah-all the demigods; nana-vaha-with varieties of carriers; dhvaja-ayudhah-and with flags and weapons; loka-palah-all the chiefs of various higher planetary systems; saha-with; ganaih-their associates; vayu-the demigod controlling air; agni-the demigod controlling fire; varuna-the demigod controlling water; adayah-all of them surrounding Lord Indra.