To

All Trading Members of the Exchange 

Sub: Interim Ex Parte Order under Sections 11, 11B and 11(4) of the Securities and Exchange Board of India Act, 1992, read with Regulation 11 of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 in the matter of KLG Capital Services Limited

In continuation to the Exchange Notice Nos. 20090922-18 dated September 22, 2009, 20140725-3 dated July 25, 2014 on the captioned matter.

SEBI vide its order no. WTM/GM/EFD-DRA1/ISD/9769/2020-21 dated December 09, 2020 has inter-alia issued following directions:

• Hemant Patel and Hemant Patel HUF shall not buy, sell or deal in the securities market in any manner whatsoever, or access the securities market, directly or indirectly for a period of five years from the date of this order or till the disgorgement directed at sub-para (a) above is completed, whichever is later.

• The period of restraint / prohibition already undergone by Hemant Patel and Hemant Patel HUF under the First SEBI Order and Second SEBI Order, before the same were set aside by the Hon’ble SAT vide its orders dated October 21, 2010 and February 05, 2015 respectively, shall be set off against the period of restraint / prohibition directed at sub- paras (b) and (c) above.

This Order is effective from the date of the order. 

A copy of the said Order is attached herewith and also available on the SEBI website www.sebi.gov.in. 

Trading members are advised to take note of the same and ensure compliance.

Rajesh Kumar Dubey                                                                                               Avijit Sarkar                         

Associate Manager                                                                                                  Deputy Manager  

Surveillance                                                                                                               Surveillance

Date: December 09, 2020