In the name of Shah Alam II. With a clear "P" under the initial of the Baroda ruler, probably a mintmark for Petlad, where it was minted. 17mm, 5.80 grams. Petlad mint. Krause C#A28.

I have not seen another coin of this type with the mintmark "P" (usually a regnal year is placed in that spot) or it is left empty. Very interesting and unusual.