Hi Rineet
As your description
You want to change the SW1BVOLT from 1.4V(default) to 1.275V, but it doesn't work, right?
The VDDOTP connect to GND is right. if the PMIC is in on mode, the functional register can be changed demand no other configuration except the VDDOTP pull down to GND.
Can you capture the Waveform of I2C SDA and SLK?
Can you check whether the device is in standby mode?
For OTP SWBST SEQ, we can't change the configuration, as it is burn in the fuse of device , and One time program, so this can't be change.
BRs
PMIC and SBC question