Bank of Baroda has taken possession of two mortgaged properties under the SARFAESI Act on 12-08-2026 due to loan default by borrower M/s Jevana Coir Products and its proprietor Mr. Maddala Ramesh. The initial outstanding claim was ₹15,08,423.43 as of 08-08-2025, which has escalated to ₹17,53,695.71 as of the possession date. Public transactions regarding these assets are strictly prohibited.