Interesting, Mike. Thanks for this. From what I have seen in the records (in Delhi and London), the decision was made for this medal and monies were appropriated, always a key moment for any government. Maybe even a more important moment for a joint stiock company than for a proper "government"? And it was clearly intended as something to be worn (apparently reflecting earlier unofficial practices -- has anyone ever seen a Capture of Pondicherry Medal mounted for wear, I'd wager they exist/ed). What happened after that is, at best, vague. The image, but the way, came from another collector, whose name also starts with "M", with permission to use (without attribution).