New Delhi, Sept. 11 -- Pharma small-cap stock Sigachi Industries saw its shares soar almost 17 percent in intra-day trade on Thursday, September 11, ahead of the company's record date for dividend payout. The Hyderabad-based manufacturer of microcrystalline cellulose fixed September 16, 2025, as the record date for its dividend, as per an exchange filing dated September 4.

"With reference to the subject cited, this is to inform the Exchanges that Company has fixed September 16, 2025 as record date for the purpose of Dividend for the Financial year ended March 31, 2025," it had announced in an exchange filing on September 4.

In its annual general meeting (AGM) report on September 1, the board of directors recommended a dividend of 10 per...