Karachi: Interloop Limited, a prominent player in the designated market category of textiles, has disclosed recent transactions involving its key executives and shareholders, in compliance with Pakistan Stock Exchange Regulation 5.6.4. These transactions, executed by directors and their relatives, pertain to the company’s shares and were reported on April 3, 2025.

According to the information provided, Musadaq Zulqamain, a non-executive director at Interloop Limited, executed a significant transaction involving a gift of shares. On March 27, 2025, Zulqamain transferred 20.00 million shares in the form of a gift. This transaction raised his cumulative shareholding to 398.81 million shares, representing 28.45% of the company’s total shares.

Furthermore, Faryal Sadiq, an executive director at the company, was also involved in a notable transaction. On the same date, March 27, 2025, Sadiq received a gift of 15.00 million shares. This transaction increased her cumulative shareholding to 22.29 million shares, or 1.59% of the company’s issued shares.

According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of regulatory compliance and transparency measures that require disclosure of interests by relevant persons holding company shares. The transactions reflect strategic movements within Interloop Limited’s executive and shareholder base, as the company continues to navigate its position within the textile market.