Hello Srinivas Himakuntala:
Yes, it is the same situation. In this case for TWR-20D72M the pins PTE0/PTE1 for UART1 are shared between OSBDM virtual port and TWR-SER. As Melissa mentioned, there should be no problem as long as you only use one interface.
If you do not see the signal in DB9, check the jumpers J17 and J19. Both should be in position 1-2. Also make sure that TWR-SER has power.

Regards!
Jorge Gonzalez