A company formed by primary producers (farmers, agriculturists, artisans) to carry out production, marketing, and sale of their produce collectively, combining cooperative principles with company structure.
Farmer groups, agricultural collectives, and rural producer clusters seeking formal, bankable legal status for collective business.
Ministry of Corporate Affairs (MCA), Companies Act 2013 (Part IXA provisions)
PAN & Aadhaar of members/directors (minimum 10 individual producers or 2 producer institutions); ID and address proof; passport photos; registered office proof; MOA & AOA; DSC & DIN.
Only primary producers or producer institutions, as defined under the Companies Act.
A minimum of 5 directors (maximum 15).