Lahore: Interloop Limited, a prominent entity within the textile sector, reported a recent transaction involving the sale of the company's shares by an executive. On June 13, 2025, Tariq Rashid Malik, an executive at Interloop, executed a sale of 200,000 shares at a rate of 60.71 per share. This transaction, completed through the Central Depository Company (CDC) in the ready market, adjusted Malik's cumulative shareholding to 17,635,000 shares, representing 1.26 percent of the total shares in the company.
According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects a moderate move in the executive’s shareholding percentage. The sale, while significant in terms of volume, accounts for a moderate shift in Malik's overall stake in Interloop Limited.
This disclosure aligns with the PSX Regulation 5.6.4, which mandates transparency in transactions by directors, executives, and substantial shareholders. The transaction is expected to have a moderate impact on the market perception, given the size relative to the total shareholding in Interloop. The company's designated market category remains unchanged following this transaction.