The Central Arecanut and Cocoa Marketing and Processing Co-operative (Campco) has now become an autonomous body by returning the share capital of Karnataka government (Rs 3.83 crore) and the Kerala government (Rs 89.30 lakh). | |
| Both the governments have been asked to withdraw their nominated directors, L N Kudur, Campco president told Business Standard. |
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| Madhusudhan Rao, deputy general manager (accounts) has been appointed as the managing director of Campco. |
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| "Who will occupy the post of secretary will be decided at Campco's AGM being held on September 30" he said adding that both the governments cannot interfere in Campco affairs. |
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