Camson Bio Technologies today announced the signing of a Memorandum of Understanding (MoU) with Kerala Cardamom Processing and Marketing Company (KCPMC).

KCPMC, formed and managed by group of progressive planter families from Kerala and Tamilnadu, is a leading organisation in the field of Agri-input distribution. It is the countries largest Cardamom Auctioneer and has set strong foot across the upmarket country in domestic trade of Cardamom and in Exports too.

P C Punnose, General Manager, KCPMC feels that this arrangement with Camson will help the Cardamom farmers immensely and also encourage export of the produce.

KCPMC with its unmatched track record for ''Quality & Credibility'' is a Crisil rated A- Company. MoU between Camson & KCPMC can set new industrial standards in the segments.

Shares of the company gained Rs 4.3, or 4.78%, to trade at Rs 94.20. The total volume of shares traded was 63,131 at the BSE (3.29 p.m., Tuesday).