Explanation:

Haryana Agro Industries Corporation Limited is a Public Sector Undertaking, which was set up with the primary objective of providing service to the farmers of the state of Haryana.

It was incorporated in the year 1967, under the Indian Companies Act of 1956. It has an authorized share capital of Rs. 1000.00 lacs against which its paid up capital is Rs. 414.04 lacs. The Central Government share is Rs. 160.21 lacs and the State Government share is Rs. 253.83 lacs.