Case Brief
By an order dated February 04, 2026, RBI imposed a monetary penalty of ₹1 lakh on Vinayaka Capsec Private Limited under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934. The penalty was imposed because the company did not comply with RBI directions on acquisition of shareholding or control, specifically by failing to obtain prior written permission for a change in shareholding exceeding 26% of its paid-up equity capital.
Action Snapshot
- Primary Impact
- Fine: Rs 1.00 L
- Entity Type
- NBFC
- Action Type
- Monetary penalty
- Order Date