AJ Institute of Engineering & Technology is promoted by Laxmi Memorial Education TrustR.) which was registered in the year 1991 in the memory of Late Laxmi Shetty, motherof Dr. A. J. Shetty, who is the President and Managing Director of the Trust. Being a pioneer industrialist of South Kanara, Dr. A. J. Shetty started the renowned Star Hotel Moti Mahal, A.J, Hospital & Research Centre (Tertiary Care Super Speciality Hospital), A.J. Institute Of Medical Science, A.J. Institute Of Dental Sciences