Pharma Stock Jumps Over 14% As Board Finalises Record Date For Final Dividend For FY25

The small-cap pharmaceutical company Sigachi Industries Ltd. announced that its Board of Directors has set the record date for its upcoming dividend, which was announced as the final payout for FY25. The total amount paid out for the dividend is Rs 3,82,11,701 /-, for which the appropriate amount has been made in the accounts.

Following the announcement, Sigachi Industries' stock rose 14.42% from the previous close to reach an intraday high of Rs 43.22 on Friday, September 12. As on 12 Sep 25 at 11:48 AM, the stock was trading at Rs 42.45 with an upside gap of 12.39% after opening at Rs 38.30 on the BSE.

"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," said Sigachi Industries in a stock exchange filing.

For the purpose of the 36th Annual General Meeting and dividend, the company's Share Transfer Books and Register of Members will remain closed from September 17, 2025, to September 23, 2025 (inclusive).

"If the final dividend, as recommended by the Board of Directors, is approved at the AGM, payment of such dividend will be made on or before 20.10.2025 as under: i. to all the Beneficial Owners in respect of shares held in dematerialized form as per the data as may be made available by the Depositories viz. National Securities Depository Limited (NSDL) and the Central Depository Services (India) Limited (CDSL) as at the close of business hours on 16.09.2025 (viz. the "Record Date")," said Sigachi Industries in its FY25 annual report.

For the fiscal year 2024-2025, the Board of Directors has recommended a 10% dividend, or Rs 0.10/-per equity share, on the company's paid-up equity share capital.

Microcrystalline cellulose (MCC), pharmaceutical excipients, nutraceutical ingredients, and other products are manufactured and supplied to the pharmaceutical, food, cosmetic, and chemical industries by Sigachi Industries Limited, an Indian firm founded in 1989. As one of the top producers of MCC worldwide, Sigachi has many facilities in India and caters to a wide range of customers in almost 50 nations. The company's main offering is branded under names including AceCel and HiCel.