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of <h1>Section 378ZL: Rules for Producer Company investments, reserves, shareholdings, and limits on stakes in other businesses</h1> Section 378ZL governs how a Producer Company may invest its funds and participate in other entities. General reserves must be invested in approved securities, deposits, government or specified bank instruments, or other prescribed modes to secure highest returns. A Producer Company may acquire shares of another Producer Company and, by special resolution, form or join subsidiaries, joint ventures, or other arrangements with bodies corporate to promote its objects. Investment in non-Producer Companies is capped at 30% of paid-up capital and free reserves unless increased by special resolution with Central Government approval. All investments must align with company objects, be properly recorded in a register at the registered office, and be open to member inspection.
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