The Producer Company Registration is formed under the Companies Act 1956. Producer Company can be registered for farming and agriculture by those involved in agricultural activities. This is formed by the number of individuals who are the primary producer and need timely financial assistance.
The main objective includes production to its selling and exporting also and to facilitate the formation of co-operative businesses in the form of companies. The producer company can have only equity share capital.
The producer company is a company formed for carrying out the production, harvesting, procurement, grading, pooling, handling, marketing, selling, the export of goods, etc.