Thanks for this interesting Upload Prashant Ji!

I think your plant is not Koenigia islandica, a plant characterized by 
having spathulate-ovate (rarely orbicular) leaves.

In my opinion, the posted plant is Koenigia nummularifolia (Meisn.) Mesicek 
& Soják which is characterized by having orbicular to reniform leaves, 5 
stamens, 2 styles, and lenticular ovary and fruits. The plant is 
morphologically close to K. forrestii Diels) Mesicek & Sojak which can be 
differentiated by having more number of stamens (8), 3 styles and trigonous 
ovary and fruits. Further, petioles in this species equals 1-3 times length 
of lamina.

Looking into the leaf and inflorescence characters, I believe your plant is 
K. nummularifolia.

You can also check these specimens:
http://apps.kew.org/herbcat/getHomePageResults.do?homePageSearchText=Koenigia+nummulariifolia&x=10&y=12&homePageSearchOption=scientific_name&nameOfSearchPage=home_page

Expert comments are solicited.

Regards,
Ritesh. 

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