Interloop Limited approved an additional capital expenditure and balancing, modernisation and replacement budget of Rs6.5 billion for its apparel and hosiery segments. The board of directors authorised the investment during a meeting held at 10 a.m. on 22 October 2026.

Officials conducted the session at the company's facility in Khurrianwala, Faisalabad. Approximately $23.5 million will be spent to expand production capabilities and modernise existing infrastructure.

The planned spending would strengthen operational efficiency, support future business growth and improve the ability to meet evolving customer demand. Interloop informed the bourse of the decision in a filing on Friday.

The company is a vertically-integrated, multi-category firm that manufactures denim, knitted apparel, activewear, and hosiery. Most of the industrial infrastructure is based in Pakistan, with all plants situated in the province of Punjab.

The firm also maintains an associate manufacturing facility in Sri Lanka and a sourcing office and affiliate manufacturing facility in China. Marketing offices for the company are located across the USA, Europe, and Japan.