(Madho Rao acceded to the throne in 1886 and ruled until his death in 1925. He was noted by the British Government as a progressive ruler of a princely state. He was married twice, but only had children with his second wife in 1913, one son and one daughter, to whom King George V and Queen Mary stood sponsors.)

Obverse

Bust of Shri Madhavarao Shinde Alijabahadur
Gwalior

Reverse

Denomination, Coat of arms
Pav Anna, Samvat 1970

1/4 anna, VS 1970

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