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Jay Bharat Maruti Limited has sent reminder letters to shareholders with unpaid dividends from FY 2017-18, warning that unclaimed dividends and corresponding shares will be transferred to the Investor Education and Protection Fund (IEPF) if not claimed soon. Shareholders are urged to update their KYC and bank details and dematerialize physical shares to avoid loss of dividends and shares. This move ensures better compliance and protects shareholder interests but may reduce the outstanding dividend liability on the company’s books over time.