Departments > Agriculture and Co-Operation > A P State Seeds Development Corporation > about

The management of the Company was vested in a Board of Directors consisting of eleven Directors including one Chairman and one Managing Director (MD). Secretary to the Government, Agriculture and Co-operation Department, Government of Andhra Pradesh was the Chairman of the Company. MD, the only whole-time director, was the Chief Executive of the Company and was assisted by General Managers of Finance, Administration, Marketing, Production and Engineering.

As per APSSDC (Appointment of Directors) Rules, 1978, the number of Directors appointed by the three classes viz., 1) State Government 2) National Seeds Corporation Ltd., and 3) Farmers, should be in proportion to their paid up equity shareholding as on first day of the financial year. As per Articles of Association of the Company, equity share holding by the said three classes should not be more than 35 per cent, 30 per cent and 35 per cent respectively of total issued capital.

 
 
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