Members of the Company consists of Producers and Producer Institutions involved in production, processing or selling of Primary Produce. The Membership is voluntary, and available to all eligible persons who, can participate or avail of the facilities or services of the Company and are willing to accept the duties of Membership. A Producer desirous to becoming a member must subscribe at least one share to the Company. A Producer Institution desirous to becoming a member must subscribe at least ten shares to the Company.
- includes all kinds of food, agricultural and farm allied produces including that of animal husbandry, poultry, apiculture, pisciculture, agricultural, horticultural, vegetables, medicinal, spices, crops including of cereals, pulse, oil seeds, millets, fiber crops and other produces, allied products, raw or processed.
- any person engaged in any activity connected with or relatable to any primary produce
- any organization or group of producers, whether incorporated or not, engaged in any activity connected with or relatable to any primary produce
Share Price (par value)
- Rupees One Thousand (Rs.1,000/-) per share.
- The voting rights are restricted to Producers and Producer Institutions who are Active Members.
- A Member who fulfills the 'Patronage Criteria', shall be considered as an Active Member.
Patronage Criteria for becoming Active Member
- A Member who fulfills all the below condition of Patronage Criteria in previous financial year shall be considered as Active Member:
(a) Supplied produce worth at least Rs.100,000 to the company, and
(b) Purchased products and services worth at least Rs.10,000 from the company.
to submit Expression of Interest for Membership.