The Authorized Officer of Shriram Finance Limited took physical possession of an immovable agricultural property on June 13, 2026, under the SARFAESI Act 2002 to recover outstanding dues of Rs. 1,28,77,025 from borrower Jayaram Ivaturi and others; the 2.50-acre land parcel located in Bobbili, Vizianagaram district, was seized following non-payment of the initial demand notice.