Synonyms:

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mana–in honor; apamanayoh–dishonor; tulyah–equally; tulyah–equally; mitra–friend; ari–enemy; paksayoh–in parties; sarva–all; arambha–endeavor; parityagi–renouncer; guna-atitah– transcendental to the material modes of nature; sah–he; ucyate–is said to be.

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Translation:

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He who is alike to honour and ignominy, is equal to friend and foe, and has renounced the sense of doership in all undertakings, he is said to have risen above the three Gunas.