STATE BANK OF INDIA STRESSED ASSETS MANAGEMENT BRANCH-II, HYDERABAD H.No. 3-4-1013/A, 1st Floor, CAC, TSRTC Bus Station, Kachiguda, Hyderabad-500 027. E-mail:
[email protected] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES [Under Rule 8(6) of Security Interest {Enforcement} Rules] E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with proviso to Rule 8(6) of the Security Interest (Enforcement) Rules, 2002. Notice is hereby given to the public in general and in particular to the Borrowers and Guarantors that the below described immovable properties mortgaged/charged to the Secured Creditor, the Symbolic possession of which have been taken by the Authorised Officer of State Bank of India, the Secured Creditor, will be sold on “As is Where is”, “As is What is” and “Whatever there is” basis on 30.10.2019, for recovery of Rs. 28,64,77,013.36 (Rupees Twenty eight crores sixty four lakhs seventy seven thousand thirteen paisa thirty six only) as on 03.09.2019 along with future interest from 04.09.2019 at the contractual rate and incidental charges, due to the secured creditor from Panyam Cements & Mineral Industries Limited and (1) Shri. Sajjala Sridhar Reddy, S/o S V Lakshmi Reddy, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh. (2) Shri. Vemuri Suresh Sastry, S/o V Sastry, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh. (3) Smt. Vemuri Aravinda Rani, W/o Suresh Sastry, D.No: 30-726-D4-4, Bommalasatram, Nandyal, Kurnool District, Andhra Pradesh.