Shriram Finance Limited (Vijayawada Zone) has taken legal physical possession of two vacant residential house plots totaling 679.55 sq. yards (Plot 1: 352 sq. yards, Plot 2: 327.55 sq. yards) at Damuluru Village, Ibrahimpatnam, NTR District, under the SARFAESI Act 2002. This action follows the failure of borrowers Parasa Ramu, Parasa Anjamma, and Madirivada Kameshwara Rao to clear an outstanding debt of ₹64,59,639 following a demand notice dated January 20, 2026. The physical possession was executed on June 18, 2026.