Axis Bank Limited has issued an online open e-auction sale notice under the SARFAESI Act, 2002. The notice announces the sale of an immovable property belonging to M/s Srilakshmi Srinivasa Cottontraders, Mr. Sri Vara Prasad Sakkurthi, and Mrs. Vasumathi Sakkurthi. The outstanding default amount stands at ₹4,96,67,859. The asset features a reserve price of ₹7,03,68,500 with a required EMD of ₹70,36,850. Sealed bids must be submitted at the Guntur office or via samil.in by 21-09-2026 at 17:00 Hrs.