Karachi: Interloop Limited has disclosed transactions involving company shares executed by its executives and substantial shareholders, as per a statement released on March 18, 2025. The disclosure comes in compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates transparency in shareholding by directors and executives.

According to the disclosure, Faryal Sadiq, an Executive Director at Interloop Limited, executed a transaction involving a transfer of 10 million shares as a gift on March 17, 2025. This transaction did not involve any monetary exchange, maintaining the share rate at 0.00. Following this transaction, Sadiq's cumulative shareholding stands at 7,291,170 shares, representing a 0.52 percent stake in the company.

Similarly, Feroze Ahmed, an Executive at Interloop Limited, also transferred 10 million shares as a gift on the same date. This transaction was also executed without any monetary exchange, keeping the share rate at 0.00. Ahmed's cumulative shareholding after this transaction amounts to 11,483,887 shares, constituting a 0.82 percent stake in the company.

According to information available from the Pakistan Stock Exchange (PSX), such disclosures are essential for maintaining transparency and accountability among listed companies. The transactions were conducted through the Central Depository Company (CDC) under the designated market category.

The disclosure highlights the importance of regulatory compliance in maintaining investor confidence and ensuring the integrity of the stock market.