Saranjam (सरंजाम), literally, material, furniture. Ideal English spelling would be saranjaam.
In the context of the Maratha period, a system of grants and land assignments.
Another definition from the “A Compendium of Molesworth’s Marathi and English Dictionary By James Thomas Molesworth, Baba Padmanji”
“Villages and lands granted in inaam to persons from whom the maintaining of forts or troops for the public service is required, or upon whom a horse, a paalkhi, or other honorable yet expense-involving gift has been conferred.”