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A group of ten/more people or two/more producer institutions or a mix of ten/more individuals and producer organizations can register as a Producer Company on the condition that:
1. Producer Company can have just equity share capital
2. The minimum paid-up capital necessary for development of a Producer Company is Rupees 5 Lakhs only
3. Minimum 10 individuals or two producer organizations or any mix of ten individuals and producer organizations are needed for including a Producer Company
4. There is no limit on the maximum variety of members of a Producer Company
5. Minimum five directors are required for a Producer Company.
6. A Producer Company can have a maximum of fifteen directors
7. The period of holding of workplace of the directors of a Producer Company will vary from one year to 5 years based on the arrangements made in the Articles of Association.

producer company

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