Following the Peshwa's expedition into Karnataka in 1757, where he aimed to take possession of the capital town Shrirangapattan, important events unfolded. During the siege, a stray gunshot damaged the golden pinnacle of the renowned shrine at Shrirangapattan, seen as an ill omen prompting negotiations.[1] Eventually, an agreement was reached where the Raja and his minister agreed to pay a tribute of 32 lacs, with only five lacs in cash and the remaining amount secured by mortgaging 14 valuable districts. Upon his return to Poona in May, the Peshwa left Balavantrao Mehendale in charge to complete the remaining tasks, including capturing the formidable stronghold of Shira on the journey back. After 1757, the Peshwa refrained from personally leading further expeditions in the south.[2][3]