digjam limited Wholetime Director Mr. Hardik Patel is the founder and Promoter of FINQUEST GROUP OF COMPANIES. Hardik launched FINQUEST upon his return to India from the U.S.A. in 2005 with a view to develop a world-class financial services platform that would raise the bar in the Indian context in delivering high quality capital market transaction, financial advisory services and lending institution. At FINQUEST, in brokerage business (Finquest Securities Pvt. Ltd.) Hardik is actively involved in originating and maintaining relationships with various institutional investors (domestic and international), corporates, high net worth individuals, and family offices. He along with his father has been instrumental in setting up the NBFC business (Finquest Financial Solutions Pvt. Ltd.) wherein they have grown the assets size to more than Rs. 1000 crores. Apart from lending to Corporates Finquest specializes in acquiring stressed assets. The group have successfully acquired manufacturing assets of marquee brands like Reid & Taylor, Digjam and Premiere Tissues. Over the last ten years, Mr. Patel has been actively managing his own proprietary investments, on which he has successfully managed to generate significant capital appreciation. He is well-reputed for being adept at identifying the “right” under-valued small and mid-cap stocks that have translated into exponential returns. Hardik holds an MBA from Crummer Graduate School of Business, Florida, USA. Non-Executive Director Mr. Ajay Agarwal (DIN: 00649182) is a qualified Fellow member of the Chartered Accountant Institute with more than 30 years of rich experience with various Indian corporates and has held leadership position for steering the operations in the field of Textile, speciality chemicals and metallurgy businesses. He is credited with setting up a Greenfield Pharma project in overseas location. He has been instrumental in raising funds from strategic investors in his past positions and has adopted a holistic approach to steer the stressed business into a “turnaround” story including “Reid & Taylor” India operations. Mr. Ajay Agarwal is on the Board of Reid & Taylor International Private Limited. Non- Executive Non- Independent Director Dr. Ruchit Patel is a seasoned professional with a diverse portfolio of experience across the healthcare and financial sectors. He currently serves as a Non-Executive Director on the Boards of various companies. A qualified and well-known Gastroenterologist based in Mumbai’s Western Suburbs, Dr. Patel brings with him substantial administrative expertise and a strong background in medical practice. In addition to his medical profession, Dr. Patel is an active investor in the securities market and has demonstrated a keen interest in strategic investments and corporate governance. His multifaceted experience contributes meaningfully to the strategic oversight and decision-making capabilities of the Board of Digjam Limited. Non-Executive, Independent Director Smt. Sudha Bhushan is a distinguished finance and governance leader, widely respected for her strategic insight in cross-border structuring, regulatory advisory and valuations. She is the Co-Founder of Taxpert Professionals, a multi-disciplinary consulting firm advising multinational corporations, global investors, financial institutions, and Fortune 50 enterprises on complex international transactions, regulatory compliance, FEMA structuring, and business transformation mandates. Her career spans leadership roles in large multinational organizations, where she has steered finance, regulatory strategy, and cross-border structuring mandates at scale. She serves as a trusted advisor to Banks and is empanelled with leading financial institutions, providing high-level advisory on cross-border investments, restructuring, and compliance frameworks. She is a Chartered Accountant, Company Secretary, Insolvency Resolution Professional (IRP), Registered Valuer (IBBI). With over three decades of leadership experience, she has architected and executed complex investment structures, foreign investment transactions, valuations, and turnaround strategies across diverse sectors. She has been appointed as Interim Resolution Professional by the Hon’ble NCLT in multiple insolvency matters, where she has successfully steered distressed enterprises through resolution frameworks with strategic clarity and regulatory precision. She serves/has served as an Independent Director on the Boards of lot of listed entities including Aurionpro Solutions Limited, DIGJAM Limited, JNK India, West Coast Paper Mills, Choice International Limited etc. Her board contributions span corporate governance, risk oversight, audit committee leadership, ESG integration, and strategic capital structuring. An active industry leader, she holds key positions across professional and trade bodies including the Indian Merchant Chamber, ICAI, ICSI, and the Indo-French Chamber of Commerce, Indo German Chamber of commerce. A prolific author and thought leader, she has addressed over 500 national and international forums including Horasis Asia, Hoarasis Singapore, Horasis Adelaide, Australia, FICCI, and ICAI conferences. She has multiple best-selling professional publications (published with Taxmann, Wolters Kluwers) on cross border transactions and investments to her credit. Following are the publications from her Her articles are regularly featured in journals of ICAI, ICSI, and leading professional forums. She also serves as a Visiting Faculty at premier institutions including NMIMS and Kohinoor Business School, Mumbai where she mentors future leaders in finance, governance, and international business structuring. She has been entrusted with the responsibility of treasurer of Mumbai chapter of Rajasthan Foundation by Govt. of Rajasthan. A scholar throughout her life, she advocates professional excellence and has received multiple awards and recognitions, including the distinguished honour of “Women Empowerment through CA Profession” by the Institute of Chartered Accountants of India. She has been recognized as “The Most Dynamic Women Director advancing corporate Governance excellence 2026” by Prime Insights Magazine. Non-Executive, Independent Director Sri D. G. Rajan aged 84 years, Non-Executive, is Independent Director of the Company. Sri D. G. Rajan is a Fellow Member of the Institute of Chartered Accountants in England and Wales and the Institute of Chartered Accountants of India. He is also an Associate Member of the Institute of Internal Auditors. Sri Rajan served as a Partner at Lovelock & Lewes from 1967 and was the Senior Partner (Chairman) of the firm from 1984 till 1990. He also served as the Chairman of the Direct Taxation Committee of the Southern India Chamber of Commerce & Industry and a Member of the Board of Governors of The Doon School, Dehradun. Sri D.G. Rajan is on the Board of Rubfila International Limited, Balaji Motion Pictures Limited, IFGL Refractories Limited, Havmor Ice Cream Pvt. Ltd., and ALT Digital Media Entertainment Limited. He is also proprietor of D.G. Rajan Associates, Chartered Accountants and Director in PBG Associated Ltd. Non-Executive, Independent Director Sri P. Swaminathan is Non-Executive, Independent Director of the Company. Sri P. Swaminathan is a Chartered Accountant and Cost Accountant with more than 23 years of experience. Prior to setting up his own financial consultancy services, he had worked with Ernst & Young, Allsec Financials Ltd and his last employment was with Allsec Technologies Limited as Chief Financial Officer. He successfully handled the seed funding, private equity and finally the IPO of the company. Sri P. Swaminathan is on the Board of Ballarpur Industries Limited.
Board of Directors
Mr. Hardik B Patel
DIN: 00590663
Mr Ajay Agarwal
DIN: 00649182
Ruchit Patel
DIN- 00603359
Smt. Sudha Bhushan
DIN: 01749008
• FEMA Practice Manual, Published by Taxmann 2026
• FEMA Practice Manual, Published by Taxmann 2024
• Overseas Investment – A Comprehensive Guide, Published by Taxmann 2023.
• Practical Guide to FEMA, 1999, Published by Taxmann 2022.
• International Transactions – A comprehensive review, Published by CCH, 2021
• Due Diligence under Foreign Exchange Management Act, 1999 published by CCH.
• Comprehensive Guide to Foreign Exchange Management in two volumes published by CCH.
• Practical Guide to Foreign Exchange Management published by CCH, a Walter Kluwers Company.
• Others
Sri D. G. Rajan
DIN: 00303060
Mr. P. Swaminathan
DIN: 00901560
