The Madurai Nayaks ruled as nominally independent sovereigns under the Vijayanagara Empire and then as outright autonomous rulers following Vijayanagara's collapse after Talikota in 1565. By 1732 the dynasty was in its final years — the last Nayak ruler, Meenakshi, governed only briefly before the kingdom was absorbed by the Nawab of Arcot in 1736. This kasu was struck during that terminal period, making it one of the last issues of a dynasty that had governed the Tamil south for nearly two centuries.
The Madurai Nayaks ruled as nominally independent sovereigns under the Vijayanagara Empire and then as outright autonomous rulers following Vijayanagara's collapse after Talikota in 1565. By 1732 the dynasty was in its final years — the last Nayak ruler, Meenakshi, governed only briefly before the kingdom was absorbed by the Nawab of Arcot in 1736. This kasu was struck during that terminal period, making it one of the last issues of a dynasty that had governed the Tamil south for nearly two centuries.