Now THAT is a lohar Bill!!! 
What a beauty, and fascinating markings.  
Are those dots brass, gold or red? 
 
Not drawing any particular association, but concerning the 'thuggee' pickaxes I brought up on another thread, they typically were marked with seven red dots. Since nobody I know of has ever seen a thuggee axe, for some reason I used to think these might have been something like them.  
 
All the best, 
Jim
		 
		
		
		
		
		
		
		
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