Jay Bharat Maruti Limited has informed the Exchange regarding 'Reminder letter sent to shareholders for claiming dividend/ informing transfer of shares to Investor Education and Protection Fund (IEPF) Authority.''.
JAYBARMARU · price
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Jay Bharat Maruti Limited has sent reminder letters to shareholders whose final dividend for FY 2017-18 remains unpaid or unclaimed. The dividend was originally declared on 4 September 2018, and the unclaimed amount is now due to be transferred to the Investor Education and Protection Fund (IEPF) Authority on 3 October 2025. Under Section 124(6) of the Companies Act, 2013, shares linked to dividends that remain unpaid for seven or more consecutive years will also be moved to the IEPF's demat account. Affected shareholders have been asked to submit documents including the original dividend warrant, PAN, Aadhaar, and a cancelled cheque to the company's Registrar & Transfer Agent (MCS Share Transfer Agent Ltd) to claim their money. The deadline for responding is 19 September 2025, after which the company will begin the transfer process with no further requests entertained.
This is a routine regulatory compliance action and does not affect the company's operations or stock price. However, shareholders with unclaimed FY 2017-18 dividends must act before 19 September 2025 to avoid losing both their dividend and the underlying shares to IEPF.