Union Bank of India invites bids for the e-auction of a mortgaged commercial asset under the SARFAESI Act, 2002. The auction will take place on August 11, 2026, to recover dues of Rs. 2,92,51,435 from M/s ARAR Steels and associated partners. The property is an RCC Slabbed Commercial Shop with a plinth area of 970 Sq. Ft. located in Vizianagaram Town. The reserve price is set at Rs. 90,00,000 with an EMD of Rs. 9,00,000. Full details are available on www.unionbankofindia.co.in.