India, May 21 -- The Reserve Bank of India (RBI) has, by an order dated May 18, 2026, imposed a monetary penalty of Rs. 1.80 lakh (Rupees One Lakh and Eighty Thousand only) on AKG Infin Private Limited (the company), for non-compliance with certain directions issued by RBI on 'Acquisition of Shareholding or Control'. This penalty has been imposed in exercise of powers conferred on RBI under Section 58G(1)(b) read with Section 58B(5)(aa) of the RBI Act, 1934.The correspondence between RBI and the company, pertaining to post-facto approval for acquisition of shareholding / control of more than 26% of the paid-up equity capital of the company by new investors, revealed non-compliance with RBI directions. Based on the same, a notice was issued ...