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. Ph: 040-23147100 to 23147107, Fax No: 040-29807791, E-mail: [email protected] APPENDIX –IV A [See proviso to Rule 8(6)] SALE NOTICE FOR SALE OF IMMOVABLE PROPERTIES E-Auction Sale Notice for Sale of Immovable Assets under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 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 Borrower and Guarantor(s) that the below described immovable property mortgaged/charged to the Secured Creditor, the physical 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” on 09.10.2020 for recovery of Rs.71,10,54,114/- (Rupees Seventy One Crore Ten Lakh Fifty Four Thousand One Hundred Fourteen Only) as on 26.05.2019 and further interest at contractual rate from 27.05.2019 with incidental expenses, costs, charges etc, due to Secured Creditor (State Bank of India), from Borrower: (1) M/s Ethnic Agros Limited, Represented by its Managing Director, Regd. Off: 6-23-6/C, Jaya Tower, 5/4, Arundelpet, Guntur - 522002, A.P. and Guarantors: (i) Shri.Tadisetty Venkata Rao, S/o Shri.T. Narasimha Rao, R/o H.No. 8-2-416, Stone Valley, Block C-6, Plot No.6, Road No.4, Banjara Hills, Hyderabad - 500 034, (ii) Shri.Tadisetty Murali Mohan, S/o Shri.T. Narasimha Rao, R/o H.No.7-7-51, 7th lane, Kakumanivari Thota, Guntur, Guntur District-522002. Also at: NCC Urban, Block - A, Ground Floor, Uma Maheswari Colony, Near Andhra Bank, Pattabhipuram, Guntur- 522006, (iii) Shri.Janjanam Vidyanath, S/o Shri. Janjanam Reddiyya, D.No.17-7-5, Sri Gardens, Dilshuknagar, Hyderabad. The Reserve Price & Earnest Money Deposit mentioned below, the later amount to be deposited with the Bank on or before 07.10.2020, Time: 5:00 P.M. DESCRIPTION OF IMMOVABLE PROPERTIES Lot.1: All that land admeasuring Ac. 0.62 ½ cents minjumle out of Ac.4.06 cents in D.No.384/D1 situated at Potthur Village & G.P, Nallapadu Sub division, Guntur District. Lot.2: All that land admeasuring Ac. 0.62 ½ cents minjumle out of Ac.4.06 cents in D.No.384/D1 situated at Potthur Village & G.P, Nallapadu Sub division, Guntur District. Lot.3 (a): All that land admeasuring Ac.0.73 cents in D.No.383/2A, 383/2C situated at Pothuru Village & G.P, Nallapadu Sub- Division, Guntur District. Lot.3 (b): All that land admeasuring Ac. 0.80 cents ( Ac.0.48 cents in D.No.383/6A and Ac. 0.32 cents in D.No.383/6C) situated at Pothuru Village & G.P, Nallapadu Sub-Division, Guntur District. Lot.4: All that land admeasuring Ac.1.49 cents minjumle out of Ac.5.04 cents in D.No.379/D3B situated at Potthur Village & G.P, Nallapadu Sub division, Guntur District. Lot.5: All that land admeasuring Ac. 0.48 ½ cents minjumle out of Ac.4.06 cents in D.No.384/D1 situated at Potthur Village & G.P, Nallapadu Sub division, Guntur District. Lot.6: All that land admeasuring Ac. 0.54. 3/9 cents or 2629.70 Sq.yards minjumle out of Ac. 1.96 cents out of Ac.5.96 cents in D.No.328 Guntur Village, Reddy palem G.P, Guntur Sub-Division and Guntur District. Lot.7: All that land bearing plot No.14 admeasuring 576 Sq.Yards out of north side land Ac.1.14 ¾ cents out of Ac. 2.29 ½ cents out of Ac.9.13 cents in D.No.109/A situated at Koritepadu Village, Gorantla G.P, Koritepadu Sub-Division, Guntur District. The details of Reserve Price and the earnest money deposit furnished as under S. Reserve Price Below which the Earnest Money Date of receipt Property to Date & Time of e-Auction No be auctioned property will not be sold (In Rs.) Deposit (In Rs.) of EMD 1 Lot No. 1 09.10.2020, 10.00 AM to 11.00 AM 53,00,000/- 5,30,000/- 07.10.2020 2 Lot No. 2 09.10.2020, 10.30 AM to 11.30 AM 53,00,000/- 5,30,000/- 07.10.2020 3 Lot No. 3 (a) and 09.10.2020, 11.00 AM to 12.00 Noon 1,30,00,000/- 13,00,000/- 07.10.2020 3 (b) put together 4 Lot No. 4 09.10.2020, 11.30 AM to 12.30 PM 1,27,00,000/- 12,70,000/- 07.10.2020 5 Lot No. 5 09.10.2020, 12.00 Noon to 01.00 PM 41,00,000/- 4,10,000/- 07.10.2020 6 Lot No. 6 09.10.2020, 12.30 PM to 01.30 PM 10,06,00,000/- 1,00,60,000/- 07.10.2020 7 Lot No. 7 09.10.2020, 01.00 PM to 02.00 PM 2,33,00,000/- 23,30,000/- 07.10.2020 Please note that last date for payment of EMD in respect of all the above properties is on or before 07.10.2020 up to 5.00 P.M. EMD Remittance: Deposit through EFT/NEFT/RTGS Transfer in favour of “SBI, Stressed Assets Management, Hyderabad Branch to the credit of A/c.No.35754767051 with SBI, SAM Branch-II, Kachiguda, Hyderabad, Branch Code 18359, IFSC Code - SBIN0018359. Inspection of properties: Any working day with prior appointment on or before 07.10.2020 before 5:00 P.M. 1) Shri. Biswajit Das, Asst. General Manager: Mobile No: 8008946076. For any clarification or further details regarding other conditions of sale the intending bidders may contact the Authorised Officer, State Bank of India, Stressed Assets Management Branch-II, Kachiguda, Hyderabad -500 027. Ph.Nos: 040-23147100 to 23147107, Mobile No. 8008946076, bidders can also contact Bank's approved Resolution Agency M/s.Goodwill Associates, on Cell Nos. 9949901281 or 9177562244 also may contact the Bank's approved service provider M/s C1 India Pvt. Ltd., Building 301, Udyog Vihar, Phase-2, Gulf Petrochem Building, Gurgaon, Haryana-122015, https://www.bankeauctions.com, Help Line +91-124-4302020/ 21/22/23/24, +91-9700333933, email ID: [email protected] and [email protected], prior to the date of e-auction. For detailed terms and conditions of the sale, please refer to the link provided in State Bank of India, the Secured Creditor's website https://bank.sbi/ www.sbi.co.in and also at the web portal https://www.bankeauctions.com of the service provider, M/s C1 India Pvt. Ltd. Note: Successful bidders should deposit 25% of bid amount (including EMD) by same day or next working day and balance payment within 15 days from the date of e-auction. Date: 30.07.2020, Place: Hyderabad. Sd/- Authorized Officer, State Bank of India, SAMB-II, Hyderabad.