India, Feb. 5 -- The Reserve Bank of India (RBI) has, by an order dated February 04, 2026, imposed a monetary penalty of Rs. 1 lakh (Rupees One Lakh only) on Vinayaka Capsec 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 the provisions of Section 58G(1)(b) read with Section 58B(5)(aa) of the Reserve Bank of India Act, 1934.The correspondence between RBI and the company revealed, inter alia, non-compliance with RBI directions. Based on the same, a notice was issued to the company advising it to show cause as to why penalty should not be imposed on it for its failure to comply with the...