I don’t think it can be an alif because it is joined to the next letter. That leaves lam or kaf/gaf. I would go for the latter as I’ve seen “Khanderao” on several inscriptions spelt this way, including for Khanderao Gaekwad, though I think this is earlier than that. I thought the word before sam[v]at might be “Narsingh” but it’s very hard to see
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