How to resolve "Kernel Panic" error while booting from SD Card?

Run the below commands in U-Boot:

IWG30M> mmc dev 0; fatls mmc 0

IWG30M> mmc dev 1; fatls mmc 1

IWG30M> env def -f -a

IWG30M> setenv sdbootdev ‘1’

IWG30M> saveenv

IWG30M> boot

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Please find the detailed product information here:
Zynq™ UltraScale+™ ZU7/ZU5/ZU4 MPSoC System on Module