Possession Notice for Immovable Properties by Tamilnad Mercantile Bank Ltd
Aug 18, 2026 • Farheen • Legal Announcements / Legal Notices
Source:
The New Indian Express E-Paper
Tamilnad Mercantile Bank Ltd Guntur Branch has seized a commercial asset under the SARFAESI Act due to a loan default by M/s Venkata Siva Sai Vanijya and its proprietor Shri Maddali Giridhara Rao. The initial demand notice amount was ₹3,58,37,188.00 as of 10-05-2026, which escalated to ₹3,72,98,560.75 plus ongoing interest at the time of possession on 13-08-2026. Public transactions regarding this property are strictly prohibited. Inquiries can be sent to guntur@tmbank.in.