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Shahjehan III (1758-1759)

Shah Alam II (1759-1806) His reign saw two decisive battles—the Third Battle of Panipat (1761) and the Battle of Buxar (1764). In 1765, according to the terms of Treaty of Allahabad (August 1765), he was taken under the East India Company’s protection and resided at Allahabad. He also issued a farman granting to the Company in perpetuity the Diwani (the right to collect revenue) of Bengal, Bihar and Orissa. In 1772, the Marathas took him to Delhi where he lived till 1803. In 1803, he again accepted the protection of the English, after the defeat of Daulat Rao Scindia by the English. Afterwards, the Mughal emperors became the pensioners of the English.

Akbar II (1806-37) He gave the title of Raja to Rammohan Rai. In 1835, the coins bearing the names of Mughal emperors were stopped.

Bahadur Shah II (1837-1857) Bahadur Shah II or Bahadur Shah Zafar (Zafar being his surname) was the last Mughal emperor. The Revolt of 1857 had made a futile attempt to declare him the Emperor of India. He was captured by the English and sent to Rangoon where he died in 1862. In legal terms, the Mughal Empire came to an end on November 1, 1858 with the declaration of Queen Victoria.