The third Anglo - Maratha war (known as the Pindari war) ended in 1818 AD., with the defeat of the Marathas at the hands of the British East India Company forces led by Governor General Hastings. The Peshwas were defeated at the Battle of Khadki (then spelt Kirkee) on 5 November 1817 near Pune and the city was seized by the British. It was placed under the administration of the Bombay Presidency. These coins dated 1820-44, were issued by the EIC after the war ended in 1818. They were issued in the name of the Mughal Emperor so they would be accepted by the local people.