It is celebrated on 22 August every year, 22 August 1639 being the widely agreed date for the purchase of the village of Madraspatnam or Chennapatnam by East India Company factors Andrew Cogan and Francis Day from Damarla Venkatadri Nayaka, the viceroy of the Vijayanagar Empire.
August 22nd is celebrated annually, August 22nd, 1639 being the widely accepted date for the purchase of Madraspatnam or Chennapatnam village by East India Company factors Andrew Cogan and Francis Day from Damarla Venkatadri Nayaka, the viceroy of the Vijayanagar Empire.