RBI imposed a monetary penalty of ₹1.80 lakh on AKG Infin Private Limited for breaching shareholding acquisition directions.
The breach involved failing to obtain prior RBI permission for acquiring more than 26% of the company's paid‑up equity capital.
RBI issued a show‑cause notice, reviewed the company's reply and oral submissions, and then confirmed the penalty accordingly.
The penalty is imposed without prejudice to any further RBI action and does not affect the validity of the company's customer transactions.