Shriram Finance Limited has issued a statutory demand notice under Section 13(2) of the SARFAESI Act, 2002 to borrowers Puchalapalli Vamsidhar Reddy, Puchalapalli Eswaramma, and Yallapalli Dasu. The account was classified as NPA on 07-02-2025 following a default on a loan agreement of Rs. 30,00,000. The institution has initiated recovery actions against a secured rice mill property named "M/s Shiva Sai Nath Traders" located at Survey No. 316 in Ananthamagu Village, Kavali, Nellore. The defaulting parties are directed to clear the total outstanding debt of Rs. 24,85,329 within 60 days from the notice date of 08-06-2026. Complete updates are hosted on the corporate website at www.shriramfinance.in.