The Nizam, cut off from water and supplies, came to terms without a pitched battle.
01The chase
In 1727 the Nizam backed a rival claim against Chhatrapati Shahu and marched on Pune. Bajirao did not stand to meet him. He took his light horse north into Khandesh and Gujarat, threatening the Nizam’s own lands, and the Nizam had to turn and follow with his guns and baggage. Bajirao kept just out of reach, wore the army out, then drew it into waterless ground near Palkhed and closed the roads.
02Mungi Shevgaon
By the treaty of Mungi Shevgaon in March 1728 the Nizam accepted Shahu as the only Chhatrapati and recognised the Maratha right to chauth and sardeshmukhi in the Deccan. Field Marshal Montgomery, in his History of Warfare, held up the campaign as a model of strategic mobility.

Palkhed made the Peshwa master of the Deccan and freed the Marathas to turn north.

