Profectus Capital Private Limited has issued a public demand notice under the SARFAESI Act, 2002 following a loan default. The notice demands outstanding dues of ₹1,12,48,926 from borrower Topaz Engineering and co-borrowers Alamanda Simhachalam and N Annapurna Devi. The secured assets consist of four engineering machinery units, including CNC Vertical Machining and Wire Cut EDM models. The borrowers are instructed to clear all outstanding dues within 60 days to prevent asset seizure.