karachi: A recent disclosure has revealed that Tariq Rashid Malik, an executive at Interloop Limited, has executed a significant transaction involving the sale of company shares. According to the announcement made on July 8, 2026, the sale occurred on July 3, 2026, and involved 70,000 shares at a rate of 105.03 per share. The cumulative number of shares held by Malik after the transaction stands at 17.07 million, representing a 1.22% stake in the company.

The trade was conducted through the Central Depository Company (CDC) in the ready market. This disclosure comes as part of the compliance with the Pakistan Stock Exchange (PSX) Regulation 5.6.4, which mandates transparency in transactions by directors, CEOs, executives, substantial shareholders, their spouses, and minors in company shares.

According to information available from the Pakistan Stock Exchange (PSX), the sale by Malik is classified as a moderate move, given the percentage involved. This classification provides an insight into the scale of the transaction relative to the overall shareholding in the company.

The designated market category for the transaction was the ready market, where shares are traded for immediate delivery. The disclosure highlights the importance of adherence to regulations that ensure informed decisions by investors and stakeholders in the marketplace.