Jay Bharat Maruti Limited has informed the Exchange about 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 (declared on September 4, 2018) remains unclaimed. Under Section 124(6) of the Companies Act, 2013, both the unpaid dividend and the corresponding underlying shares are liable to be transferred to the Investor Education and Protection Fund (IEPF) Authority on October 3, 2025, since the dividend has been unpaid for over seven consecutive years. Shareholders have until September 19, 2025 to respond and claim their dividend by submitting the original warrant, PAN, Aadhaar, cancelled cheque, and an updated client master list to the company's registrar, MCS Share Transfer Agent Ltd. After this deadline, the company will initiate the transfer process and no further claims will be entertained.
This is a routine regulatory compliance filing and is unlikely to have any material impact on the stock price or business outlook. However, individual shareholders with unclaimed dividends from FY 2017-18 risk losing both their dividend amount and their shares if they do not act before the September 19, 2025 deadline.