Explanation: In 1690 and the Company established its first settlement at Sultanuti, a site which became the future Calcutta.

• The factory was fortified in 1696 and in 1698 the Company secured the zamindari rights over three villages, Sutanuti, Kalikata and Gobindpur in return for a payment of 1200 rupees a year.
• The fortified factory was called Fort St. William which became the headquarters of the Presidency in 1770.

Source: Tamil Nadu NCERT