Page 8 - In The Loop Jul-Oct 2019

Interloop Sponsors She Loves Tech Pakistan

Interloop partnered with CIRCLE as the Platinum Sponsor to organizations including National Incubation Centers, NCCPL, inside the loop
support She Loves Tech; a global contest to create an and Ministry of Finance were present to encourage the
opportunity for women-led/impact tech startups to level up the women start-ups. She Loves Tech Conference 2019 was a
global stage. Initiated on Jul 3, 2019 with five national rounds combined effort of top organizations including Interloop
across Lahore, Islamabad, Abbottabad, Peshawar with final Limited, HBL, and UNDP showing their strong commitment to
round in Karachi, inspiring female entrepreneurs presented diversity and innovation. Interloop Limited Annual General Meeting 2019
their ideas to an esteemed panel of judges. The final round
was held on Aug 3, 2019 at Karachi Arts Council among 12
finalists. The strength of the ideas presented by the 12
startups made the judges’ task extremely hard. After much
deliberation, the winner of She Loves Tech Pakistan 2019
was declared to be DOT-MIND UNLOCKED; a startup that
has developed a headset that reads brainwave activity to
diagnose and treat mental disorders such as Attention Deficit
Hyperactivity Disorder, more efficiently. Founder Yishel Khan
won a Rs. 150,000 cash prize and a trip to Beijing, China to
compete in the Global Round for a $15,000 equity-free cash
prize. The competition was designed to encourage women
from diverse fields who addressed challenges through their
startup ideas in the fields of mental health, science,
education, and tourism. Representatives from notable Humayun Khan, Head of Corporate Communication Interloop presenting
First Prize cheque to the winner

Board of Directors, Interloop Limited at the Annual General Meeting 2019

The Annual General Meeting 2019 of Interloop Limited was Manufacturing Plant at Lahore, going into operations by
held on Monday, Oct 14 at Serena Hotel, Faisalabad. Q3 2019 with planned output exceeding 1 million garments
Musadaq Zulqarnain, Chairman Board of Directors, per month, to be enhanced to 1.2 million garments by
Interloop Limited presided over the meeting while Navid 2021. The Denim Plant is going to be one its kind facility in
Fazil, CEO; Muhammad Maqsood, Executive Director & this part of the world owing to management’s Sustainability
Group CFO; Jahan Zeb Khan Banth & Shereen Aftab, focus.
Non- executive Directors and Tariq Iqbal Khan & Saeed
Ahmad Jabal, Independent Directors, on the Board of In his closing remarks, the Chairman highlighted Interloop
Interloop Limited were also present. Limited’s bold step of going for IPO, the only one thus far
in 2019, despite difficult market conditions. He told the
The Chairman welcomed the shareholders of the company shareholders that Interloop’s IPO was the largest private
and expressed his gratitude for their confidence in sector IPO in Pakistan’s history and Interloop is currently
Group photo of International round of She Loves Tech at Beijing, China Interloop Limited. Six resolutions were taken up by the the Largest Listed Textile Company on PSX by market
shareholders which were unanimously passed by the capitalization. He underscored the fact that the objective of
shareholders. going for IPO was not to just raise money but to share
Interloop’s success with people. He admired the hard work
JICA - Introduction of Labour Compliance and Female Friendly During the Question and Answer session the CEO updated of the people working at Interloop, pledged to continue
the shareholders about the progress of Hosiery Plant 5 working diligently, with ethics and integrity, thanked the
Job Opportunities Seminar being set up at Faisalabad with planned installed capacity shareholders for having confidence in the company and
of 1,280 knitting machines. He also apprised them about looked forward to their prayers for the company.
JICA (Japan International Cooperation Agency) in reaching female graduates through recruitment drives, the construction of LEED Platinum certified Denim Apparel
collaboration with Faisalabad Garment City organized a recruiting women in supervisory roles and raising awareness
seminar for the females and their families living in the suburbs of gender diversity among the workforce.
of Faisalabad. "Introduction of Labour Compliance and
Female Friendly Job Opportunities" was held at Female
Exclusive Training Institute, on Sep 24, 2019.

The purpose of the seminar was to create awareness among
the underprivileged females from the adjoining areas of
Faisalabad to consider skill-based job opportunities in the
male-dominated work areas. Considering the contributions
towards its People policies especially women empowerment
and recruiting females in non-traditional roles, Interloop was
invited to present its best practices at this forum. Quratulain
Shahid, Senior Manager Corporate Communication
delivered a thorough presentation on Interloop’s family-
friendly policies and creating a safe and cognitive Shareholders attending the Interloop’s Annual General Meeting 2019 Board of Directors & Shareholders viewing Interloop’s Corporate Video
environment for its female employees by providing world
class Daycare for their children, safe transport, appropriate Quratulain Shahid, Sr. Manager Corporate Communication, Interloop
shift hours, training and career development opportunities, talking about Interloop's family friendly policies

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