Effective From: 21 Dec 2024
At Karshakmitra Innovative Solutions Private Limited ("Karshakmitra", "we," "our," or "us"), we provide a structured and transparent agri-investment model designed to benefit both investors and our sustainable farming operations. Below are the terms and conditions of our investment farming policy:
1.1 Karshakmitra shall acquire agricultural land and manage farming operations, focusing on the cultivation of high-value crops like cardamom.
1.2 The investor provides capital for the farming project, while Karshakmitra oversees all operational activities, including land preparation, planting, harvesting, and marketing.
2.1 Investors are required to contribute an agreed-upon investment amount for the selected farming scheme.
2.2 Profits generated from the sale of agricultural produce will be shared between Karshakmitra and the investor as per the agreed ratio.
2.3 Profit distribution will occur annually, and detailed financial statements will be shared with the investor.
2.4 Operational and administrative costs will be deducted before profit distribution.
3.1 Investors can choose from a range of schemes based on land size, investment amount, and expected returns, as outlined on the Investment Farming Schemes page.
3.2 Custom schemes can be discussed and structured to align with the investor’s goals and Karshakmitra’s capabilities.
4.1 The agreement between Karshakmitra and the investor will remain in effect for a minimum duration of 7 years.
4.2 Investors agree to a lock-in period of 4 years, during which withdrawal is not permitted.
5.1 Land for farming will be acquired and managed by Karshakmitra.
5.2 Ownership of the land remains with Karshakmitra unless otherwise specified in the scheme agreement.
5.3 The investor shall not interfere in the day-to-day operations of the farming activities.
6.1 Karshakmitra will provide periodic reports to investors, covering farming progress, financial performance, and market trends.
6.2 Investors may visit the farms with prior written notice to Karshakmitra.
7.1 Karshakmitra employs sustainable farming practices and takes reasonable measures to minimize risks such as crop failure, price fluctuations, and natural disasters.
7.2 Crop insurance, if applicable, will be arranged, and the costs shared as per the agreement.
8.1 Either party may terminate the agreement by providing written notice (e.g., 60 days in advance).
8.2 Upon termination, all pending profits or dues will be settled within a mutually agreed period (e.g., 90 days).
8.3 Investors exiting before the lock-in period may forfeit certain benefits as per the agreement terms.
9.1 Both parties agree to maintain the confidentiality of all sensitive information related to this investment policy.
9.2 Breaches of confidentiality will result in penalties as defined in the agreement.
10.1 Any disputes arising from this policy will be resolved through mutual discussions and, if necessary, arbitration under Indian Arbitration and Conciliation Act - 1996 or any other Relevant Arbitration Act.
10.2 The jurisdiction for legal proceedings shall be the region where Karshakmitra is headquartered.
11.1 Karshakmitra shall not be held liable for failure to perform its obligations due to unforeseen events such as natural disasters, government actions, or other circumstances beyond its control.
12.1 This policy outlines the terms of investment farming and supersedes all prior agreements or understandings related to the subject.
For further details, please refer to our Investment Farming Schemes page or contact us directly at info@karshakmitra.com/contact page.
