RBI Slaps ₹1 Lakh Penalty on Vinayaka Capsec
Moneylife Digital Team 05 February 2026
Reserve Bank of India (RBI) has imposed a penalty of ₹1 lakh on Delhi-based Vinayaka Capsec Pvt Ltd, a company limited by shares, for non-compliance with RBI directions relating to the acquisition of shareholding or control.
 
RBI's statutory inspection revealed that Vinayaka Capsec had failed to obtain prior written permission from RBI for a change in shareholding exceeding 26% of its paid-up equity capital.
 
After considering the reply and oral submissions of Vinayaka Capsec during the personal hearing, RBI states that it has concluded that the non-compliance with its directions was substantiated and warranted the imposition of a monetary penalty.
 
RBI says the penalty imposed on Vinayaka Capsec is based on deficiencies in regulatory compliance and is not intended to pronounce on the validity of any transaction or agreement entered into by the company with its customers.
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