Transaction of 100,000 shares of Interloop Limited.

Karachi: Interloop Limited informed Pakistan Stock Exchange about transaction of shares of the company. 100,000 shares @ Rs. 45.00 per share were sold in the market on June 01, 2020 through CDC.

Interloop Limited, launched with 10 knitting machines in 1992, has grown into one of the world's largest Hosiery manufacturers; a complete vertically integrated company with state of the art Spinning, Yarn Dyeing, Knitting and Finishing facilities. With over 6,000 latest Italian Knitting Machines, 16,000 employees and an organizational network spread over 3 continents, Interloop has the proficiency to work with different materials and make a wide range of products. From scratch to becoming a US$ 270 million company, Interloop produces 700 million pairs of Socks & Tights annually, for top international brands & retailers.

In 1992, two entrepreneur brothers (Musadaq Zulqarnain & Navid Fazil) along with Tariq Rashid created what has...