{"id":1305,"date":"2023-12-01T14:35:45","date_gmt":"2023-12-01T14:35:45","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=1305"},"modified":"2023-12-08T19:15:12","modified_gmt":"2023-12-08T19:15:12","slug":"interloop-acquires-stake-top-circle-hosiery-mills","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/interloop-acquires-stake-top-circle-hosiery-mills\/","title":{"rendered":"Interloop acquires 64% stake in US company Top Circle Hosiery Mills"},"content":{"rendered":"\n<p>In a notification sent to the PSX on 01\/12\/2023, <strong>Interloop Limited(ILP)<\/strong> announced that it has successfully completed the proposed acquisition of a proportion of 64% equity stake in the company named <strong>Top Circle Hosiery Mills Co. <\/strong>Top Circle has a manufacturing subsidiary in China as well.<br><\/p>\n\n\n\n<p>After securing regulatory and corporate approvals and executing several transaction agreements the recent acquisition came into effect. The company is registered and governed under the laws of the US. Top Circle will now operate as a subsidiary of <strong>ILP<\/strong><br><br>The shares of <strong>ILP<\/strong> were trading at <strong>RS.72.09<\/strong> during trading hours today. The marketcap of ILP currently stands at<strong> Rs. 101 billion<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interloop Limited(ILP) has successfully completed the proposed acquisition of a proportion of 64% equity stake in the company named as Top Circle Hosiery Mills Co. Top circle has a manufacturing subsidiary in China as well.\u00a0<\/p>\n","protected":false},"author":5,"featured_media":1311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[38],"class_list":["post-1305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ilp"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/ILP-e1701628526907.jpg",400,82,false],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/ILP-400x348.jpg",400,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/ILP-e1701628526907-300x62.jpg",300,62,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/ILP-e1701628526907.jpg",400,82,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=1305"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1305\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/1311"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=1305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=1305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=1305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}