Bombay, now known as Mumbai, was originally formed by seven small islands along the Arabian Sea. The territory became part of a European political alliance when it was given as a dowry from Portugal. The British King subsequently leased this region to the East India Company for an annual fee of just ten pounds.
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British King leased Bombay to East India Company for ten pounds after receiving it as dowry
The British monarch leased the city of Bombay, received as a dowry from Portugal, to the East India Company for an annual rent of ten pounds.
Source: BBC News বাংলা