Hello Gaurav,
as requested:
env | grep DIR_LIBRARY
DIR_LIBRARY=/usr/sap/X01/D21/exe
EXECUTING /usr/sap/put/SUM/abap/exe/tp pf=/usr/sap/put/SUM/abap/var/DEFAULT.TPP execdbscript X01 -x ../var/SQLDBSCRIPT.TQL
ERROR in child process: Cannot execute '/usr/sap/put/SUM/abap/exe/tp': Exec format error
SAPup> Process with PID 22624 terminated with status 27 at 20140207004745!
SAPup> Starting subprocess with PID 22884 in phase 'SQLDB_SHADOW_PRE' at 20140207004852
ENV: DBSID=X01
ENV: DIR_LIBRARY=/usr/sap/put/SUM/abap/exe
ENV: JAVA_HOME=/opt/java1.5
ENV: LD_LIBRARY_PATH=/usr/sap/put/SUM/abap/exe:/usr/sap/put/SUM/jvm/jre/lib/ia64/server:/usr/sap/put/SUM/jvm/jre/lib/ia64:/usr/sap/put/SUM/jvm/jre/../lib/ia64
ENV: NLS_LANG=AMERICAN_AMERICA.US7ASCII
ENV: ORACLDIR=/oracle/client/11x_64/instantclient_11203_V1
ENV: ORACLE_BASE=/oracle
ENV: ORACLE_PSRV=X01
ENV: ORACLE_SID=X01
ENV: PATH=/usr/sap/put/SUM/abap/exe:/scs/netweaver/scripts:/oracle/X01/102_64/bin:/opt/java1.5/bin:.:/home/x01adm:/usr/sap/X01/SYS/exe/run:/usr/bin:/usr/ccs/bin:/usr/contrib/bin:/usr/contrib/Q4/bin:/opt/perl/bin:/opt/ipf/bin:/opt/gvsd/bin:/opt/nettladm/bin:/opt/fcms/bin:/opt/wbem/bin:/opt/wbem/sbin:/opt/sas/bin:/opt/graphics/common/bin:/opt/atok/bin:/usr/bin/X11:/usr/contrib/bin/X11:/opt/sec_mgmt/bastille/bin:/opt/drd/bin:/opt/dsau/bin:/opt/dsau/sbin:/opt/resmon/bin:/opt/perf/bin:/opt/propplus/bin:/usr/contrib/kwdb/bin:/opt/prm/bin:/opt/sfm/bin:/opt/swm/bin:/opt/sec_mgmt/spc/bin:/opt/ssh/bin:/opt/swa/bin:/opt/hpsmh/bin:/opt/langtools/bin:/opt/wlm/bin:/opt/gwlm/bin:/usr/local/bin:/opt/ignite/bin:/opt/wli/bin:/opt/hpvm/bin:/opt/caliper/bin:/opt/perl_32/bin:/opt/perl_64/bin:/etc/cmcluster/scripts/tkit/vtn:/opt/sentinel/bin:/scs:/scs/system/scripts:/usr/bin:/usr/ccs/bin:/usr/contrib/bin:/opt/nettladm/bin:/opt/pd/bin:/usr/bin/X11:/usr/contrib/bin/X11:/opt/upgrade/bin:/opt/hparray/bin:/opt/resmon/bin:/opt/perf/bin:/opt/pred/bin:/basis/scripts/bin:/usr/sbin:/usr/local/bin/
ENV: SAPDATA_HOME=/oracle/X01
ENV: SAPSYSTEMNAME=X01
ENV: dbms_type=ORA
ENV: dbs_ora_schema=SAPR3
ENV: dbs_ora_tnsname=X01
EXECUTING /usr/sap/put/SUM/abap/exe/tp pf=/usr/sap/put/SUM/abap/var/DEFAULT.TPP execdbscript X01 -x ../var/SQLDBSCRIPT.TQL
ERROR in child process: Cannot execute '/usr/sap/put/SUM/abap/exe/tp': Exec format error
SAPup> Process with PID 22884 terminated with status 27 at 20140207004852!
SAPup> Starting subprocess with PID 23948 in phase 'SQLDB_SHADOW_PRE' at 20140207005727
ENV: DBSID=X01
ENV: DIR_LIBRARY=/usr/sap/put/SUM/abap/exe
ENV: JAVA_HOME=/opt/java1.5
ENV: LD_LIBRARY_PATH=/usr/sap/put/SUM/abap/exe:/usr/sap/put/SUM/jvm/jre/lib/ia64/server:/usr/sap/put/SUM/jvm/jre/lib/ia64:/usr/sap/put/SUM/jvm/jre/../lib/ia64
ENV: NLS_LANG=AMERICAN_AMERICA.US7ASCII
ENV: ORACLDIR=/oracle/client/11x_64/instantclient_11203_V1
ENV: ORACLE_BASE=/oracle
ENV: ORACLE_PSRV=X01
ENV: ORACLE_SID=X01
ENV: PATH=/usr/sap/put/SUM/abap/exe:/scs/netweaver/scripts:/oracle/X01/102_64/bin:/opt/java1.5/bin:.:/home/x01adm:/usr/sap/X01/SYS/exe/run:/usr/bin:/usr/ccs/bin:/usr/contrib/bin:/usr/contrib/Q4/bin:/opt/perl/bin:/opt/ipf/bin:/opt/gvsd/bin:/opt/nettladm/bin:/opt/fcms/bin:/opt/wbem/bin:/opt/wbem/sbin:/opt/sas/bin:/opt/graphics/common/bin:/opt/atok/bin:/usr/bin/X11:/usr/contrib/bin/X11:/opt/sec_mgmt/bastille/bin:/opt/drd/bin:/opt/dsau/bin:/opt/dsau/sbin:/opt/resmon/bin:/opt/perf/bin:/opt/propplus/bin:/usr/contrib/kwdb/bin:/opt/prm/bin:/opt/sfm/bin:/opt/swm/bin:/opt/sec_mgmt/spc/bin:/opt/ssh/bin:/opt/swa/bin:/opt/hpsmh/bin:/opt/langtools/bin:/opt/wlm/bin:/opt/gwlm/bin:/usr/local/bin:/opt/ignite/bin:/opt/wli/bin:/opt/hpvm/bin:/opt/caliper/bin:/opt/perl_32/bin:/opt/perl_64/bin:/etc/cmcluster/scripts/tkit/vtn:/opt/sentinel/bin:/scs:/scs/system/scripts:/usr/bin:/usr/ccs/bin:/usr/contrib/bin:/opt/nettladm/bin:/opt/pd/bin:/usr/bin/X11:/usr/contrib/bin/X11:/opt/upgrade/bin:/opt/hparray/bin:/opt/resmon/bin:/opt/perf/bin:/opt/pred/bin:/basis/scripts/bin:/usr/sbin:/usr/local/bin/
ENV: SAPDATA_HOME=/oracle/X01
ENV: SAPSYSTEMNAME=X01
ENV: dbms_type=ORA
ENV: dbs_ora_schema=SAPR3
ENV: dbs_ora_tnsname=X01
EXECUTING /usr/sap/put/SUM/abap/exe/tp pf=/usr/sap/put/SUM/abap/var/DEFAULT.TPP execdbscript X01 -x ../var/SQLDBSCRIPT.TQL
ERROR in child process: Cannot execute '/usr/sap/put/SUM/abap/exe/tp': Exec format error
SAPup> Process with PID 23948 terminated with status 27 at 20140207005727!
Thanks.