{{Use Indian English, date=May 2018 The ''Royal Charter'' of 27 March 1668 was an agreement between the Kingdom of England and the

English East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southe ...

. It led to the transfer of

Bombay Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

from

Charles II of England Charles II (29 May 1630 – 6 February 1685) was King of Scotland from 1649 until 1651, and King of England, Scotland and Ireland from the 1660 Restoration of the monarchy until his death in 1685. Charles II was the eldest surviving child of ...

to the

for an annual rent of £10 (equivalent

retail price index In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics. It measures the change in the cost of a representative sample of retail goods and servic ...

of £1,226 in 2007).

References

*https://books.google.com/books?id=vXhCAAAAIAAJ&printsec=titlepage&client=firefox-a#PPA55,M1 55 History of Mumbai