Description of the Property: Primary Security: Hypothecation of machinery, fully paid stocks, finished goods and Book Debts, chargeable assets of the firm in premises and elsewhere both present and future & Assets created out of bank's finance.
Collateral Securities: All that the piece and parcel of Existing land and Rice Mill Building admeasuring 2103 Sq yards in sy no 44-6 SC no 163 situated at Addapuseela panchayat/ revenue village, Parvathipuram Mdl. Parvathipuram manyam Dist standing in the name of M/s Aruna Modern Rice Mill, Prop: Balaga Usha Rani. Measurements: 2103 Sq yards (1766.52 Sq Mts) of site and which 5885.4 Sq ft (529.68 Sq Mts) of ACC Sheet Building of Rice mill and 1200 Sq ft(108.00 Sq Mts) of ACC Sheet Rooms. Boundaries: East: 20 ft Width Road, South: Dry land of Guntireddi Sugunamma, West: Sri Raghavendra Mineral water plant and vacant site belongs to V Durga Nageswara rao, North: vacant site belongs to V Durga Nageswara rao